Entrepreneur
Name
Caleb
Member since
March 2015
On-time repayments
262 installments • 51%
About Me
I Caleb Amisi Ondieki is a last born in a family of eight members among this members i am the only one who managed to go to university. i studied education and am a teacher by profession.During my studies my parents had to sell all they had that is land to educate me,i got an A MINUS to join university.My desire has been that i improve the living standards of my other family members, i have began a business to at least see whether i can improve the living standards of my family members.this members are engaged in farming but i hope if i create a business i can be able to employ them.i also desire to improve the living standards of my parents.they live in deplorable conditions since they sold everything to educate me.i pray that given this loan will enhance my success in my community because i will expand it to create more opportunities for others.thank you.
My Business
I sell books, i have started as a street vendor to sell books to students. i have written the book PHYSICS PAPER THREE(PRACTICALS) i am selling to students who are my immediate customers.i have printed and published the books , i have registered the company (PART MAT SELLERS LIMITED)and there fore i hope i will have large stock given the loan to expand the printing and having enough copies to sell i hope to have a specific place where i will open a bookshop then i will expand the stock.the books help my students to prepare for exams KCSE and IGCSE.Sometimes my books have helped university students on tips of how to answer questions on graphs.
Loan Proposal
I wish to add stock to my bookshop,our country has a new syllabus and therefore I wish to update my stock to cater for my clients,I will buy physics practical books worth 250dollars ..this are 50 copies each costing 5dollar, I will later look for customers since I travel to various schools I sell each book at 8dollars, my profit will have increased by 150dollars,due to many schools and high demand am sure I will be making that profit every week, the rest if the money I will use as fare to look for clients.I will also pay one who carries the books together with me, also I pay taxi driver who drops us to the schools.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$114.00
Date disbursed
Mar 3, 2018
Repayment status
Late
Projected term
33 months
Other loans
Lenders
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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