Adding stationary stock and servicing motorbike

Justus Mutinda

Ongata Rongai, Kenya

100% repaid

Entrepreneur

Name

Justus Mutinda

Member since

November 2013

On-time repayments

297 installments  •  37%

About Me

I am very very happy for you LENDERS for funding my second loan, may God almighty shower you with his blessings and bless you until your store is full,God loves a cheerful giver,there is a phrase which says "give without remembering and receive without forgetting"thanks for touching my life in a big way.
Thanks for your support

My Business

I started selling stationary ,and i found it has big profit marging ,now i am selling the stationary in a crazy manner ,i walk from shop to shop,and through this i have estamplise
d a customer base,the customers just calls me and i deliver.Thanks for your support

Loan Proposal

I need us Dollars 1500 ,to be used as follows
1. Buy additional stock of stationery us dollars 1400

2.Re-service my motor bike us dollars 100
Due to a large market in Angata Rongai & its environs ,i need to have a bigger stock so as to satisfy my customers

Show original English  

About Me

Name:Justus Mutinda,Born 1972,Religion:Christian,Proffession :accountant.Wife name:Sara Koki,Daughter :Hope Musangi.Iam an outgoing person ,i like socializing,reading motivational books,meeting and making new friends, i live in Ongata Rongai .I have done some network marketing for examle DIPEK,GNLD ,OIRFRAME,I am currentl working with Bowmans enterprises limited as an accountant,i worked For Nafrom kenya ltd as an accountant from January 2008- June 2013worked with New kilimo hardware as an accountant in 2008,
usually before i start a task i tell myself (you are a champion and you can make it )self talk,whatever i do i usually think win!win!win!and i get what i tell myself. My dad was a business man and i liked what he did ,at my tender age he encouraged me to be a business person . He would tell be that profits are better than wages .
I am from kamba community and we are long distance traders .At my tender age i liked looking after my fathers cattle.
at my free time i like watching motivational DVD,reading motivational books , listening to gospel music ,get engaged in communal activities and socializing .i also likes travelling

My Business

I will repay my loan using profits from sales of cookies and stationery which has a big margin ,this will enable me to expand the business ,i.e. buy more stationery and make more profit and expand my business, There is also a small shamba and enough water i will plant short season vegetables for domestic use and .
commercial purposes.if i am given a bigger loan i will expand my business,my stationary and cookies business is picking up and now i have a bigger market and atleast i have data base of customers.

Loan Proposal

I need us Dollars 1500 ,to be used as follows
1. Buy additional stock of stationery us dollars 1400

2.Re-service my motor bike us dollars 100
Due to a large market in Angata Rongai & its environs ,i need to have a bigger stock so as to satisfy my customers

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$167.73

Date disbursed

Nov 10, 2014

Repayment status

On Time

Projected term

7 months

Cost to entrepreneur

Lender interest: $167.73 at 12.76% annual rate over 7 months = $12.70

Service fee: $3.64

Lenders

investor

Candiac, Canada

Kysera

Crawfordsville, United States

ProfStick

Grassy Head, Australia

B

BClay

Campbell, United States

ads68

Melbourne, Australia

Matthieu

Switzerland, France

H

harrymore

Townsville, Australia

markpearson

Portsmouth, United Kingdom

Scotts5320

New York, United States

A

ajayhk

San Jose, United States

P

Prometheus

Duisburg, Germany

Ask Justus a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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