Bookshop

Chemochok

Nakuru- Githima, Kenya

100% repaid

Entrepreneur

Name

Chemochok

Member since

August 2014

On-time repayments

295 installments  •  50%

About Me

I grew up in christian based family and from a humble background, challenges in life have made me learn a lot of thinks and even facing issues as they come. i am a determined person and focus on all the goals i strive to achieve, i am a higher diploma holder in human resource management and a diploma holder in business administration and currently enrolling for a degree program in B COM. being a trained technical teacher and subsequent employment in private sector as a tutor, i managed to raise some funds to star up a books shop. the business was able to pick since the surrounding community treasure education so much and 99% of the population are literate. my hobby is reading and watching movies and currently am planning of setting up a private library for research.

My Business

the business offers goods like text books, exercise books, novels and many mores, services include printing and photocopying services among others.
the above products are in demand since the business is located in place where there are a lot of schools staring from preparatory schools up to colleges and these have boosted the demand for my products.i decided to venture in this kind of business because i value education and i wish to ensure that every person within my community
have knowledge and advance in learning. the business is able to raise a profit of between Ksh. 5,000-15,000 per week depending with the sales of the week, these profit is ploughn back to the business for development.

Loan Proposal

the proposed loan will be used to expand the business by purchasing more stock to meet January 2016 demand for books, many parents have contributed much toward the new stock am planning to buy and this will greatly increase my sell since already i have i have a ready market. the stock is estimated at Ksh. 30,000 and this means that with your support i will only look for the additional Ksh 6,000 which the business can easily raise.
with the increase in the stock the business is anticipated to double its sales and make a profit of at least Ksh. 10,000 per week and this will be a great achievement to my business.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$241.00

Date disbursed

Nov 17, 2015

Repayment status

On Time

Projected term

11 months

Lenders

T

Tmann

Los Angeles, United States

Dipsius

London, United Kingdom

Rdcmole

Cincinnati, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

mepster

San Francisco, Ca, United States

Jake Badger

Roskilde, Denmark

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