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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  • Francis    Feb 6, 2016

    dear lenders Arindo stills says his business is down, however he still seems to be committed and determined to repay his loan probably by next week I hope all will be well and he will go by his words.

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  • George    Nov 11, 2015

    To my dear lenders,i hereby notify you that my business is down making me to get difficulty in repaying the loan back but soon i pledge to resume my payment.This resulted because my business is too demanding and deals with orders.

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  • Francis    Nov 11, 2015

    dear lenders,, i have been contacting Arindo but his business has been down. however, he has promised to do all his best and ensure that he resume payments as scheduled. i wish him good luck in his business

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  • George    Oct 7, 2015

    To my lenders i bring this to your attention that i received your loan amounting to ksh 9,156 with great pleasure of which i used it to buy more textbooks worth the same amount hoping to improve my business.I thank you dearly the Zidisha team.

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  • George    Oct 6, 2015

    First of all i take this chance to thank all my lenders from Zidisha org. for paying me a listening ear concerning the progress of my business.I will use the money to add more stock on book sale,this will enable my business to maintain the current profit of about 50 p.c.Deeply inside my heart i thank you for this and with this utmost good faith i hope to go further with Zidisha.

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  • George    Sep 29, 2015

    i used the loan to add more stock on books,this has made a difference in making profit. my earnings increased with 50 p.c this made me to add more stock.now my family live happily than ever.my neighbors now wants to join ZIDISHA.

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  • George    Sep 18, 2015

    I used the loan to purchase textbooks and other stationary.This made me to realize a profit margin of 50 p.c,therefore i have used the increased earnings to make a bigger stock. the good news is that my family living standard have improved a great deal.funnily enough my neighborhood wants to join Zidisha but i don,t know the reason why i can not be allowed to send invite despite my effort to make repayment in time.Thanks Zidisha Team for changing my life.May God bless you abundantly.

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  • George    Sep 9, 2015

    To the Zidisha Team, it is unfortunate that you nowadays delay in updating repayment account as before.otherwise i used the money to add more textbooks for sale and it has really made a lot of difference in terms of profit.My business has increased with 50 p.c resulting to addition of more stock,the lives of my family has improved a great deal making my neighborhood to get interested in joining Zidisha.

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  • George    Aug 31, 2015

    To Zidisha Team , this is to inform you that i received your loan amounting to ksh.9,156. I used the loan to buy more textbooks to add on my stock.i thank you deeply in my heart,The Zidisha .

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  • George    Aug 25, 2015

    I will use the loan to add more stock on my book sale,this will help the pupils learn more effectively and also will help improve my living standard.I thank Zidisha Team for changing lives.

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  • George    Aug 5, 2015

    Thanks to zidisha team for empowering me and am looking forward to improve my business with the next loan since the first one did good to me.

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  • George    Jul 6, 2015

    I have decided to adjust my loan since my business has improved a great deal.my textbook sale is thriving and this has changed the lives of my family members with a bigger percentage.Thanks Zidisha team.

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  • George    Jun 21, 2015

    Thanks to zidisha team for empowering me financially. i used the loan i received to purchase textbooks and stationary for sale,this has changed my life and my family at a certain extent .my earnings has increased with 2op.c. enabling me to expand my business.this rally made my neighbourhood to feel happy.

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  • George    Jun 21, 2015

    Thanks to Zidisha,i have decided to increase my repayment because my business is improving and i am competent repaying that amount.

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  • Annah    Jun 3, 2015

    keep up the good work.

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  • George    May 24, 2015

    business is low this week.i will improve it next week.

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  • George    May 6, 2015

    This has happened because i took the loan a time when the schools were already closing since i am a businessman dealing with stationary.i will adjust high when the business will pick in mid may thank you.

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  • Annah    Apr 30, 2015

    Dear Lenders,George has some family issues for now i will keep you posted and give you updated concerning George progress.
    Thank you

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  • George    Mar 25, 2015

    Hello to all the entire zidisha lenders! I am very happy now that i have received the loan of amount 9,130 today on 25/ 3/15. Thank you very much. I will use the money to buy more books and stationary for my sales.I will keep on informing you about my progress after purchasing my stock. Thanks .

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  • George    Mar 19, 2015

    I am very much pleased to hear that my loan is accepted ,thank
    you very much and am still patiently waiting for the disbursement.
    I am hopeful that it will really help boost my business.Thanks to zidisha.

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