Business expansion to a larger room

Stanley

Egerton, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Stanley

Member since

March 2014

On-time repayments

58 installments • 71%

About Me

Stanley is a humble gentleman from a humble Christian background. Having been brought up in a Christian family i am impacted with strong moral conduct. I am a graduate in agribusiness management from Egerton university main campus. Due to lack of employment and 3 years of unemployment, i decided to start a venture, which would sustain my life and later help me further my education. I wish to enroll in master’s program once my business stabilizes. I purchase more stock to expand my business with the profits i get from my business as well as saving a certain percentage for my education. I also use some of the funds i get from the business help my younger siblings continue with their education at least to the level i am.

My Business

I wish to applaud Zidisha team for the support they have granted me so far. My business started as a small enterprise but have now grown to a large business. It started about an year ago and progressive changes have been occuring thanks to Zidisha. It started as a graphic design center, photo printing, and now have expanded to a cyber cafe. Zidisha has helped me purchase different equipment which i utilize in the cafe such as a digital printer, photo printing papers and furthermore relocation to a larger room.
I wish to thanks Zidisha and all the donors who have supported me this far. Once again, as my business grows there is a dire need for a binding machine. I which to purchase my own binding machine and return one i had borrowed from a friend. I have been renting the machine for quite some time now and it really does some good work. Upon purchasing my own binding machine, i will be able to enjoy the full profits from the binding work. I know Zidisha will financially help me in this.

Loan Proposal

When i get this loan, i will be able to expand my business to cater for the large number of customers that i have received recently. Thanks to the previous loan which helped me purchase a faster printer. The printer have made my services reliable and the number of customers have increased drastically. this have led to overcrowding and unconducive working environment that i wish to move to a larger room. This loan will help me book the room at $11.2283 and pay a deposit of $33.68 from which i will immediately start operating.