Add stock of school supplies to grow my business

Eric

Thika, Kenya

100% repaid

Entrepreneur

Name

Eric

Member since

February 2015

On-time repayments

337 installments  •  51%

About Me

I managed to attend Gaichanjiru primary school, Mwangaza High school and Excel institute and done Certified public Accountant of Kenya (CPAK). My business Deals with education items.The unique thing about me am hardwoking man. my hobby is to make new friends,help poor.
When i was in college i started a small shop of selling books, pens then later i expand my business into bookshop.
The unique this on my country they value education so much therefore making education items have higher demand. Even in our tribe are well know of sheer hardwork.
My children want to be a pilot when they grow up.
The unique thing about me am hardwoking man. my hobby is to make new friends,help poor.

My Business

The items i started with were pens,books and other stationary.
I wish also to expand my business by opening a new bookshop in different area and also adding an Mpesa shop. In the area there is higher demand of books and also for Mpesa shop.
I choose this kind of business since it has higher profit and goods are not perishable.
My business ranges 15000 to16000 per day and expenses 3000 to 4000 per day. I wish to add an m-pesa shop to expand my business. In wish also to open a new book shop in different area.
The profits will help to expand my business and also to invest in capital shares. It will also help me in up bringing of my family.

Loan Proposal

I WILL USE THE LOAN TO ADD STOCK ITEMS e.g PENS , FILES AND BOOKS WORTH 4000. MY BIGGEST AIM IS TO GROW MY BUSINESS LOCALLY AND INTERNATIONALLY SO THAT I CAN CREATE MORE JOBS TO YOUNG GENERATION. I EXPECT MY PROFIT TO INCREASE 2 TIMES OF WHAT AM EARNING. PLEASE CONSIDER MY REQUEST.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

May 27, 2015

Repayment status

On Time

Projected term

6 weeks

Lenders

dlpringle

Denver, United States

WE

Wendy Emlyn

Devon, United Kingdom

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