Add stock to my stationery and purchase a printer

Jeff

Kebirigo, Kenya

4% repaid

Entrepreneur

Name

Jeff

Member since

February 2014

On-time repayments

244 installments  •  2%

About Me

Hello to all of you! My name is jeff currently run a stationery business in kebirigo town. Over the years, especially after my graduation from university with a bachelor's in education literature, i developed a taste for the need to boost education access and literacy education hence i set up a stationery business which has been favoured by the growth in the number of private schools countrywide as well as in my area, the increasing advocacy for quality education and the gradual population growth all these have seen the increased demand for stationary services. I have specialized in the distribution of past examination papers, pamphlets and precision tools like rulers and geometrical sets. My goods have been selling fairly well. I have bern ploughing back my profits to help acquire new goods and materials like coloured duplicating papers. I intend to grow my business and make a strong statement to the many disillusioned youths in my area that entrepreneurship is the best available

My Business

Well as i mentioned beforehand i run a small stationery business in kebirigo town in the main market. Before going further, i would like to note that the town municipality has a registered two major market days each week being on Tuesdays and Thursdays where in these days the town experiences a heavy human traffic when people from far and within converge to buy and sell. There has been a rise in crime but the local county government has been stepping up patrols to help contain the menace. On a fairly good month, i can register sales revenues of up to 18000 ksh. I usually pay 8000ksh in rent and bills and remain with 10000ksh in profits 70% of which i Plough back to the business to procure new stock. I intend to cut down on costs by acquiring a heavy duty photocopier machine to use in duplicating examination papers, pamphlets and marking schemes to distribute to local schools or sell directly.

Loan Proposal

i will use this loan to add stock to my stationery business.there is a high demand for things like bulk supply of writting materials to nearby schools but am locked out because am not able to buy them in bulk. from this loan i will be able to buy in bulk and sell to them and get good profit.
secondly this loan will help me buy printer to print plastic id for students in nearby schools. from the profits i hope to repay loan in time. please lenders help me.
thanks in advance

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Mar 12, 2014

Repayment status

Late

Projected term

56 months

Lenders

EricDWalters

Rochester, Mn, Usa, United States

investor

Candiac, Canada

S

sirius

Lauterach, Austria

C

cjmenchaca

Austin, United States

B

Bavarian

Bavaria, Germany

Sarasota

Sarasota, Fl, United States

Matching Fund

Sterling, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$8.47

Amount remaining

$219.34

Expected completion

Nov 14, 2018

Status

Repaying late

Installment amount

$0.94

Repayment History

Expected Payments Actual Payments
Mar 20, 2014 $0.00
Mar 27, 2014 $0.94 Apr 20, 2014 $0.94
Apr 3, 2014 $0.94 Apr 20, 2014 $0.94
Apr 10, 2014 $0.94 Apr 20, 2014 $0.71
May 5, 2014 $0.24
Apr 17, 2014 $0.94 May 5, 2014 $0.94
Apr 24, 2014 $0.94 May 5, 2014 $0.94
May 1, 2014 $0.94 May 5, 2014 $0.35
May 15, 2014 $0.59
May 8, 2014 $0.94 May 15, 2014 $0.94
May 15, 2014 $0.94 May 15, 2014 $0.94
May 22, 2014 $0.94 Jun 7, 2014 $0.94
May 29, 2014 $0.94
Jun 5, 2014 $0.94
Jun 12, 2014 $0.94
Jun 19, 2014 $0.94
Jun 26, 2014 $0.94
Jul 3, 2014 $0.94
Jul 10, 2014 $0.94
Jul 17, 2014 $0.94
Jul 24, 2014 $0.94
Jul 31, 2014 $0.94
Aug 7, 2014 $0.94
Aug 14, 2014 $0.94
Aug 21, 2014 $0.94
Aug 28, 2014 $0.94
Sep 4, 2014 $0.94
Sep 11, 2014 $0.94
Sep 18, 2014 $0.94
Sep 25, 2014 $0.94
Oct 2, 2014 $0.94
Oct 9, 2014 $0.94
Oct 16, 2014 $0.94
Oct 23, 2014 $0.94
Oct 30, 2014 $0.94
Nov 5, 2014 $0.94
Nov 12, 2014 $0.94
Nov 19, 2014 $0.94
Nov 26, 2014 $0.94
Dec 3, 2014 $0.94
Dec 10, 2014 $0.94
Dec 17, 2014 $0.94
Dec 24, 2014 $0.94
Dec 31, 2014 $0.94
Jan 7, 2015 $0.94
Jan 14, 2015 $0.94
Jan 21, 2015 $0.94
Jan 28, 2015 $0.94
Feb 4, 2015 $0.94
Feb 11, 2015 $0.94
Feb 18, 2015 $0.94
Feb 25, 2015 $0.94
Mar 4, 2015 $0.94
Mar 12, 2015 $0.94
Mar 19, 2015 $0.94
Mar 26, 2015 $0.94
Apr 2, 2015 $0.94
Apr 9, 2015 $0.94
Apr 16, 2015 $0.94
Apr 23, 2015 $0.94
Apr 30, 2015 $0.94
May 7, 2015 $0.94
May 14, 2015 $0.94
May 21, 2015 $0.94
May 28, 2015 $0.94
Jun 4, 2015 $0.94
Jun 11, 2015 $0.94
Jun 18, 2015 $0.94
Jun 25, 2015 $0.94
Jul 2, 2015 $0.94
Jul 9, 2015 $0.94
Jul 16, 2015 $0.94
Jul 23, 2015 $0.94
Jul 30, 2015 $0.94
Aug 6, 2015 $0.94
Aug 13, 2015 $0.94
Aug 20, 2015 $0.94
Aug 27, 2015 $0.94
Sep 3, 2015 $0.94
Sep 10, 2015 $0.94
Sep 17, 2015 $0.94
Sep 24, 2015 $0.94
Oct 1, 2015 $0.94
Oct 8, 2015 $0.94
Oct 15, 2015 $0.94
Oct 22, 2015 $0.94
Oct 29, 2015 $0.94
Nov 4, 2015 $0.94
Nov 11, 2015 $0.94
Nov 18, 2015 $0.94
Nov 25, 2015 $0.94
Dec 2, 2015 $0.94
Dec 9, 2015 $0.94
Dec 16, 2015 $0.94
Dec 23, 2015 $0.94
Dec 30, 2015 $0.94
Jan 6, 2016 $0.94
Jan 13, 2016 $0.94
Jan 20, 2016 $0.94
Jan 27, 2016 $0.94
Feb 3, 2016 $0.94
Feb 10, 2016 $0.94
Feb 17, 2016 $0.94
Feb 24, 2016 $0.94
Mar 2, 2016 $0.94
Mar 9, 2016 $0.94
Mar 17, 2016 $0.94
Mar 24, 2016 $0.94
Mar 31, 2016 $0.94
Apr 7, 2016 $0.94
Apr 14, 2016 $0.94
Apr 21, 2016 $0.94
Apr 28, 2016 $0.94
May 5, 2016 $0.94
May 12, 2016 $0.94
May 19, 2016 $0.94
May 26, 2016 $0.94
Jun 2, 2016 $0.94
Jun 9, 2016 $0.94
Jun 16, 2016 $0.94
Jun 23, 2016 $0.94
Jun 30, 2016 $0.94
Jul 7, 2016 $0.94
Jul 14, 2016 $0.94
Jul 21, 2016 $0.94
Jul 28, 2016 $0.94
Aug 4, 2016 $0.94
Aug 11, 2016 $0.94
Aug 18, 2016 $0.94
Aug 25, 2016 $0.94
Sep 1, 2016 $0.94
Sep 8, 2016 $0.94
Sep 15, 2016 $0.94
Sep 22, 2016 $0.94
Sep 29, 2016 $0.94
Oct 6, 2016 $0.94
Oct 13, 2016 $0.94
Oct 20, 2016 $0.94
Oct 27, 2016 $0.94
Nov 3, 2016 $0.94
Nov 9, 2016 $0.94
Nov 16, 2016 $0.94
Nov 23, 2016 $0.94
Nov 30, 2016 $0.94
Dec 7, 2016 $0.94
Dec 14, 2016 $0.94
Dec 21, 2016 $0.94
Dec 28, 2016 $0.94
Jan 4, 2017 $0.94
Jan 11, 2017 $0.94
Jan 18, 2017 $0.94
Jan 25, 2017 $0.94
Feb 1, 2017 $0.94
Feb 8, 2017 $0.94
Feb 15, 2017 $0.94
Feb 22, 2017 $0.94
Mar 1, 2017 $0.94
Mar 8, 2017 $0.94
Mar 16, 2017 $0.94
Mar 23, 2017 $0.94
Mar 30, 2017 $0.94
Apr 6, 2017 $0.94
Apr 13, 2017 $0.94
Apr 20, 2017 $0.94
Apr 27, 2017 $0.94
May 4, 2017 $0.94
May 11, 2017 $0.94
May 18, 2017 $0.94
May 25, 2017 $0.94
Jun 1, 2017 $0.94
Jun 8, 2017 $0.94
Jun 15, 2017 $0.94
Jun 22, 2017 $0.94
Jun 29, 2017 $0.94
Jul 6, 2017 $0.94
Jul 13, 2017 $0.94
Jul 20, 2017 $0.94
Jul 27, 2017 $0.94
Aug 3, 2017 $0.94
Aug 10, 2017 $0.94
Aug 17, 2017 $0.94
Aug 24, 2017 $0.94
Aug 31, 2017 $0.94
Sep 7, 2017 $0.94
Sep 14, 2017 $0.94
Sep 21, 2017 $0.94
Sep 28, 2017 $0.94
Oct 5, 2017 $0.94
Oct 12, 2017 $0.94
Oct 19, 2017 $0.94
Oct 26, 2017 $0.94
Nov 2, 2017 $0.94
Nov 8, 2017 $0.94
Nov 15, 2017 $0.94
Nov 22, 2017 $0.94
Nov 29, 2017 $0.94
Dec 6, 2017 $0.94
Dec 13, 2017 $0.94
Dec 20, 2017 $0.94
Dec 27, 2017 $0.94
Jan 3, 2018 $0.94
Jan 10, 2018 $0.94
Jan 17, 2018 $0.94
Jan 24, 2018 $0.94
Jan 31, 2018 $0.94
Feb 7, 2018 $0.94
Feb 14, 2018 $0.94
Feb 21, 2018 $0.94
Feb 28, 2018 $0.94
Mar 7, 2018 $0.94
Mar 15, 2018 $0.94
Mar 22, 2018 $0.94
Mar 29, 2018 $0.94
Apr 5, 2018 $0.94
Apr 12, 2018 $0.94
Apr 19, 2018 $0.94
Apr 26, 2018 $0.94
May 3, 2018 $0.94
May 10, 2018 $0.94
May 17, 2018 $0.94
May 24, 2018 $0.94
May 31, 2018 $0.94
Jun 7, 2018 $0.94
Jun 14, 2018 $0.94
Jun 21, 2018 $0.94
Jun 28, 2018 $0.94
Jul 5, 2018 $0.94
Jul 12, 2018 $0.94
Jul 19, 2018 $0.94
Jul 26, 2018 $0.94
Aug 2, 2018 $0.94
Aug 9, 2018 $0.94
Aug 16, 2018 $0.94
Aug 23, 2018 $0.94
Aug 30, 2018 $0.94
Sep 6, 2018 $0.94
Sep 13, 2018 $0.94
Sep 20, 2018 $0.94
Sep 27, 2018 $0.94
Oct 4, 2018 $0.94
Oct 11, 2018 $0.94
Oct 18, 2018 $0.94
Oct 25, 2018 $0.94
Nov 1, 2018 $0.94
Nov 7, 2018 $0.94
Nov 14, 2018 $0.05

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