Buying photocopy papers

John

Nakuru, Kenya

100% repaid

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Entrepreneur

Name

John

Member since

January 2017

On-time repayments

66 installments  •  80%

About Me

My name is John Gakonya , I was born and brought up in Nakuru town in a family of four,two boys and two girls I being the first born.My parents separated when we were still young and hence my mother took the burden of taking care of us.I went to menengai High school and by the grace of God I graduated although there was hardship raising fees from selling charcoal at umoja center.After High school I started a stationary business and typesetting since I learned computer study in school.This business enables me help my mother and my younger siblings.
During my free time I like to socialize with friends, go swimming and reading.

My Business

In my business I deal with selling stationary and typesetting.This services is necessary since there are schools in the center which act as my mean customers. Meanwhile I make $300 per month after paying all the bills I get a profit of $100.I use the profits for expansion and helping my family especially my younger siblings.

Loan Proposal

When given this loan i will buy photocopy papers to add to the stock i already have.
i will buy:
1 BOX OF PHOTOCOPY PAPERS @ KSH 2000/=($20)
This will benefit me very much because with this increase in stock my profit margin will also increase by 15%.
Where my shop is located there are institutions hence photocopy work does very well.
I will use the profits to pay monthly bills and also pay school fees for my younger siblings.Am also planning to re-invest part of this money gained from the profits.
Thank you Zidisha community and may God bless you especially the lenders in particular for allowing me pursue my dream which is to become a big entrepreneur in the world.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$17.00

Date disbursed

Jun 19, 2017

Repayment status

On Time

Projected term

6 weeks

Other loans

Feb 2017:  $4

Apr 2017:  $8

May 2017:  $11

Aug 2017:  $12

Sep 2017:  $41

Oct 2017:  $100

Dec 2017:  $184

Mar 2018:  $285

Jul 2018:  $295

Lenders

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

wissam

Jeddah, Saudi Arabia

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

daniel

maryborough, Australia

Ask John a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • John    Aug 7, 2018

    I received 19500 which I used to boost my business.
    I thank all the lenders for the generosity.

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  • John    Aug 1, 2018

    Thank you for the loan.

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  • John    Jul 24, 2018

    Thank you lenders for the previous Loan .This loan made a big difference in my business because in introducing colour printing my profit margin increased with 30% increase.I used this increase to pay my monthly bills, pay rent and school fees.

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  • John    Apr 4, 2018

    Thank you lenders for the loan I received 24,650 KES. Which I am using as per the budget.

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  • John    Mar 26, 2018

    Thank you lenders for the loan.

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  • John    Mar 5, 2018

    Thank you.

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  • John    Jan 2, 2018

    I have purchased the Epson L220 printer and due this my business has started picking . Already I have experienced a profit increase of 5%.Thanks to all my Lenders.

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    • (Comment deleted by author)

      • John    Jan 8, 2018

        Yes its an Integrated ultra-high-capacity ink tank.

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  • John    Dec 30, 2017

    Thank you for the loan it was fully funded and dispersed to me.I Will buy the stock as per my budget.

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  • John    Dec 28, 2017

    Thank you for the loan.

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  • John    Dec 14, 2017

    Thank you Lenders for my previous loan. The loan made a big difference to my business and my family. I used the profits to re invest and help my siblings in paying school fees.

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  • John    Nov 1, 2017

    I am so grateful to my lenders for the continuous support. I have received my loan of 9595/-.I have purchased a refurbished desktop computer to add to my shop.Below is a photo of the PC.

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  • John    Oct 20, 2017

    Thank you, lenders, for your previous loan.

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  • John    Oct 20, 2017

    I purchased a color printer using my previous loan.This has made a big difference in my business since my profits grew by 30%.I used the increment to pay fees for a new computer course I am studying. I also cleared my monthly bills.
    I paid fees for my sibling who are in high school.

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  • John    Sep 29, 2017

    Thank you for the loan. I will purchase a colour printer as per my budget. This will boost my business. Regards.

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  • John    Sep 22, 2017

    Dear Respected Client,
    Thank you for the loan,I purchased Photocopy papers to add to the stock i had before. This has brought a big difference to my business and family too.
    Regards

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  • John    Sep 21, 2017

    Dear Respected Lenders,
    The previous loan was of great benefit to my business since with the help of the funds I was able to buy photocopy papers to add to my stock.
    This has really helped me boost my family.
    Thank you for your continuous service.
    Regards.

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  • John    Sep 6, 2017

    I want to take this opportunity to thank my lenders for the loan I received.I got ksh 1115/= which I have already bought photocopy papers to add to my stock.

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  • John    Sep 4, 2017

    Thank you lenders for my previous loan which I used to add stock to my photocopy papers.I bought two rims of photocopy papers and this was so helpful to my business and family since my profits increased by 20% .

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  • John    Aug 21, 2017

    Thank you lenders and zidisha community for the continuous support .I purchased photocopy papers to add to my stock and this has made a big difference to my business.My profit margin has increased by 15%.We had a peaceful elections here in Kenya,this was a challenge to my business since institution took a break to give way to elections.

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  • John    Jun 27, 2017

    Thank you lenders for the loan,I received the full amount I bought photocopy papers as per the budget. I am well skilled in this business of photocopying, typing and printing. This stock papers will boost my business profits a lot.Regards.

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