Arise stationery shop

Arsaneth

Ngecherok, Kenya

100% repaid

Entrepreneur

Name

Arsaneth

Member since

October 2015

On-time repayments

142 installments  •  70%

About Me

My name is Arsaneth Cheptoo. I reside at Kericho County in Rift Valley Province. I completed my primary school in the year 2002, then I went to a secondary school called Kipsigis Girls High School and I completed in 2006. After completing my secondary school, I had to stay at home for four years without joining college due to lack of school fees. I had to venture into farming where I planted vegetables for sale at least to enable me to have something in my pocket. I did that for a year and I had accumulated a good sum of money.

I went to register in a college of business management (KIM) in the year 2010 and I got my diploma in 2 years. Nothing is impossible with God for those who trust in him. I graduated with flying colours but I got no job with it. One year down the line, I thought of a business idea and I came up with the stationery business. The community I come from is in the center of Kericho where people grow tea and other crops.

I am a mother of one daughter called Marleen Chemutai and she is in class one at Holy Trinity Academy in Kericho County. My business has seen us through all these years. My daughter want to be a medical doctor in future.

My Business

My stationery shop consist of: photocopy papers, receipt books, exercise books, pens, chalks, hardcover notebooks, hand notebooks, marker pens, rulers, cardboard, manila papers, bank rolls, laminating pouch, binding covers, spirals, envelopes, cartridges, toners, and all sorts of files and many others. I am in a strategic place where everyone is able to access my shop all day so most of my stock moves faster. I chose this business because many offices, schools and industries use the stationery material for office use. I buy one ream of paper at 3.2 dollars and sell at 4.7 dollars. The revenue is 1.5 dollars per ream. I use the profit of my business to reinvest in my business and, at times, use it to educate my daughter in paying her school fees.

Animal feeds processing
I would like to expand the business of animal feeds processing. I learnt a lot about the business and I have just realized its good and profit generating, so given the chance I will fetch profit from the business.

Loan Proposal

Hi, lenders first when I get this loan I will add more stock to my shop ,like buying more of printing papers 22.5 per piece , Banking rolls 50 dollar per roll, Exercise books 25 dollar per carton, Envelopes 45 dollar per carton, springs files 12 dollars per dozen, box files 24 dollars , laminating pouches 50 dollar per ream, carbon papers 22 dollars per bundle, Receipt books 60 dollars ,and 1 desktop 150 dollar that will help me do data entries for my stock and this will eventually improve my business.
Expanding the business it will need employees, I will employ one person that will help mi in marketing my stocks in schools and even other offices.
I expect 100% profit which 600 dollars.

Show original English  

About Me

My names are Arsaneth Cheptoo. I resides at kericho county in Rift Valley Province.
I completed my primary school in the year 2002,then I went to a secondary school called Kipsigis Girls high school and i completed in the 2006. after completing my secondary school I had to stayed at home for four years without joining college due to lack of school fees, I had to venture into farming where I planted vegetable for sell atleast to enable me have something in my pocket. I did that for a year and I had accumulated a good sum of money.
I went to registered in a college of business management (KIM) in the year 2010 and I got my diploma in 2years. Nothing is impossible with God for those who trust in him, I graduated with flying colours but I got no job with it. one year down the line I though of business idea and I came up with stationery business. Our community I come from is in the center of kericho where people grow tea and other crops.
Am a mother of one daughter called Marleen Chemutai and she is in class one at holy trinity academy in kericho county. My business has been seen us through all these year. My daughter want to be a medical doctor In future .

My Business

Animal feeds processing
I would like to expand the business of animal feeds processing. I learnt a lot about the business and I have just realize its good and profit generating, so given chance I will do well.
Hardware shop.
with my good services to my customers,also having that i have done some good research on my current business and the need of my good customers,which i was also given a good challenge by my customers that they enjoy my services and they like to remain mostly be my customers not only on feeds but also when it comes to building materials,i looked at this as the a good linking business where when they need to extend their buildings,they have it just under my good services that they have trust in me.with the good and every profit improving on my feeds business i have put up shelves to lay in my hardware materials .given that support from my community ,zidisha community i will fully install my shop with the materials and start serving my customers who are very much eager on my delivery.the hardware business will bring a lot of improvement not only to my business and my economical status but also to my community at large,like providing them with good services and improving on their buildings and also empowering the needy on terms of employment,because this will give a chance in employing someone to help in serving my all time customers.given a loan i will use in buying iron sheets worth 200 dollars,nails =50 dollars,cement =150 dollars paints 80 dollars binding wires 40 dollars and a good example on profit making with the market prices of the materials like for cement will be buying one piece on 5 dollars and sell at 65 dollars making a both fair price ..will be great full with the help .

Loan Proposal

Hi, lenders first when I get this loan I will add more stock to my shop ,like buying more of printing papers 22.5 per piece , Banking rolls 50 dollar per roll, Exercise books 25 dollar per carton, Envelopes 45 dollar per carton, springs files 12 dollars per dozen, box files 24 dollars , laminating pouches 50 dollar per ream, carbon papers 22 dollars per bundle, Receipt books 60 dollars ,and 1 desktop 150 dollar that will help me do data entries for my stock and this will eventually improve my business.
Expanding the business it will need employees, I will employ one person that will help mi in marketing my stocks in schools and even other offices.
I expect 100% profit which 600 dollars.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$303.00

Date disbursed

May 19, 2016

Repayment status

On Time

Projected term

4 months

Lenders

A

AnnaT

Adelaide, Australia

mepster

San Francisco, Ca, United States

TyWee

Manila, Philippines

A

Andrei

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

RG

Ryan Gough

United States

A

Anonymous

United States

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Summary

Amount repaid

$318.15

Amount remaining

$0.00

Date repaid

Oct 2, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
May 29, 2016 $23.34 May 30, 2016 $23.34
Jun 5, 2016 $23.34 May 30, 2016 $2.03
Jun 19, 2016 $21.31
Jun 12, 2016 $23.34 Jun 19, 2016 $5.07
Jun 22, 2016 $18.27
Jun 19, 2016 $7.10 Jun 22, 2016 $7.10
Jun 26, 2016 $5.07 Jun 26, 2016 $5.07
Jul 3, 2016 $5.07 Jul 4, 2016 $5.07
Jul 10, 2016 $5.07 Jul 10, 2016 $5.07
Jul 17, 2016 $5.07 Jul 23, 2016 $5.07
Jul 24, 2016 $5.07 Jul 28, 2016 $5.07
Jul 31, 2016 $5.07 Jul 31, 2016 $5.07
Aug 7, 2016 $20.30 Aug 6, 2016 $20.30
Aug 14, 2016 $20.30 Sep 4, 2016 $15.22
Sep 8, 2016 $5.07
Aug 21, 2016 $20.30 Sep 8, 2016 $15.22
Sep 10, 2016 $5.07
Aug 28, 2016 $20.30 Sep 10, 2016 $15.22
Sep 15, 2016 $5.07
Sep 4, 2016 $20.30 Sep 15, 2016 $15.22
Sep 16, 2016 $5.07
Sep 11, 2016 $20.30 Sep 16, 2016 $10.15
Sep 18, 2016 $5.07
Sep 22, 2016 $5.07
Sep 18, 2016 $20.30 Sep 22, 2016 $15.22
Sep 25, 2016 $5.07
Sep 25, 2016 $20.30 Sep 25, 2016 $20.30
Oct 2, 2016 $48.20 Sep 27, 2016 $10.15
Sep 30, 2016 $5.07
Oct 2, 2016 $32.98

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