Bulk stock of stationary for my photocopy shop
Victor
Mariakani - Kafuduni, Kenya
41% repaid
Entrepreneur
Name
Victor
Member since
February 2015
On-time repayments
96 installments • 21%
About Me
I am Victor Momanyi Okemwa born in 1992 in Kisii County, Gucha District Ogembo Division Mesesi Sub-location. I am the second born in a family of four children (two boys and two girls). I joined Gakero Primary School in the year 1998 and later did my K.C.P.E in 2006. I joined Magena Secondary School in 2007 and did KCSE in 2010.
In 2011 February I moved to Mombasa and joined Trevor Technologies where I worked as a Salesman for a period of three year. What I saved helped me to start my own business which is a stationery shop and cyber cafe. I started this business to shorten the long distance covered by local people to and fro the main town (Mombasa town). I offer several services like Printing, scanning, Photocopy, and also online services (HELB Loan Application, KRA Pin Application, Emailing etc)
My Business
I started this business to help me achieve my dream as a businessman and also shorten the long distance which the local people used to cover to and fro the main town (Mombasa town). The business is challenging due to high competition. But as an experienced businessman I struggle to overcome this competition by offering my customers the best services in town and this help me attract more customers who introduce their friends to my business.
Due to friendly services my customers prefer my business and also I sell my items at a good price. Currently my business gives me a minimum of 10% profit per month and this is how I will be able to repay back the loan when given.
Loan Proposal
I absolutely appreciate your previous loan and kindly wish to apply for another loan. The previous loan I used it to buy an Epson T50 printer which I am using in printing coloured passport size, photos and any coloured document and stock some few stationery items. The business is growing well and, due to the demand of some stationery items like mouse, flash disks and headphones, laminating films, envelopes, memory cards, keyboards, photocopy papers and others. I wish to use this loan to buy more stock for this business. I will kindly appreciate if I get the loan early to enable me not to disappoint my customers, since they are happy to get perfect and complete services under one roof.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$111.00
Date disbursed
May 14, 2015
Repayment status
Late
Projected term
20 months
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