Books and stationary sale

George

Nairobi, Kenya

100% repaid

Entrepreneur

Name

George

Member since

March 2015

On-time repayments

28 installments  •  64%

About Me

I am George Arindo, i went to school at Got bondo pri. school then later joined majango secondary sch where i completed my o .level education.I went to college at francom teachers college and after started looking for a job which was hard to get .
I struggled and later on a friend introduced me to book selling business .my people love gathering together and tell stories. my children want to be doctors.my hobby is travelling.

My Business

I sell text books and stationary .The books help students to learn more well and get good grades in exams.my books inlclude vat.I pay my rent for my work place also.
I chose this kind of business because i love education. my profits help me pay school fees and reinvest in the business.I am happy with my business because it helps me in
my daily needs.Also the teachers get the books easily to help them teach well.I have a book shop in the estate i live . That is where my customers find me.

Loan Proposal

I will use the loan to expand my business, that is,to add more stock on book sale. i deal with primary school textbooks. they vary per classes ranging from 3 to 5 dollars for lower primary that is classes 1to 3, and 6 to 8 dollars for upper primary that is class 4to 8.Funnily enough,i also deal with second hand books sold at a lower cost for the needy pupils costing 1 to 2 dollars only depending on different classes,i.e. lower classes 1to3 cost 1 dollar and upper classes 4to 8 cost 2 dollars each. This will make my business to be stable and also will make the nearby schools to benefit from the scheme.i usually get a profit of 7 dollars a day but this will uplift this to about 10 dollars a day. This will be realized after the total sale of books a day. I will have thanked Zidisha Team for this and i promise i will stick to the loaning terms and conditions.Thanks in advance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$92.00

Date disbursed

Aug 25, 2015

Repayment status

On Time

Projected term

6 weeks

Lenders

O

ocnis

Seattle, United States

M

mbarbier

United States

TA

Tomi Astikainen

Helsinki, Finland, Finland

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