Educational toys/reading materials & website for shop

Xavier

Nairobi Buruburu Estate, Kenya

100% repaid

Entrepreneur

Name

Xavier

Member since

May 2014

On-time repayments

192 installments  •  60%

About Me

I am a 37 year old loving husband and father of 5 children.
My professional background is in the aviation industry where I have 14 years working experience. I am currently flying for a local airline as a cabin crew.

I felt a need to start up a business in order to suppliment my salary so as to meet my ever growing family needs.

Over the years of raising my children I have bought many toys for them when celebrating birthdays and other holidays. This is where I discovered a void that I felt I should fill up. Locally I found it difficult to find good quality toys at affordable prices and this is where I got the inspiration to start my Toy shop business.

This would earn me extra revenue at the same time make my children and other kids happy and that is how MaToys Shop was established in November 2013.

I started off by buying my initial stock locally but now most of my stock I import directly from Dubai. This makes my shop stand out from the rest because I can offer more variety to my clients at highly competitive prices.

I also have a Facebook page for the shop called MaToys whereby clients can view the products at the shop.

My efforts were boosted recently when I was featured in a Tv show called Business Central which highlights unique business ideas that the youth have set up.

This helped in advertising and creating awareness of our products which has helped our clientele number to grow thus boosting our sales.

My Business

I am highly appreciative to all the lenders lenders that assisted me on my last loan. Business is growing and as we prepare to get the kids back to school I would like to venture into New ideas that will support my business when kids are in school.

I would like to apply for a new loan which I will use to buy a popcorn machine, baby clothes/shoes and cartoons on DVD's. Many parents have been asking for cartoons and educative dvds.

I have also being making popcorns at home and packaging them and I've seen they are doing well thus the need of a popcorn machine that will improve production.

I have been getting orders for new born items for baby showers , New born gifts etc. Items like clothes, towels, shoes, bags, milk bottles etc will do quite well and so I will use part of the loan to buy this.

I would therefore be very grateful if I could receive a loan of approximately USD 800 to help me acquire this items.

With the introduction of this new variety I am confident of attracting more customers and making more sales thus I'll be able to repay the acquired loan.

I am looking forward once again to your generous support and I thank you in advance. God bless Zidisha and all the generous lenders.

Loan Proposal

I would like to apply for a new loan which I will use to add more stock in preparation for the school holiday season which starts in about a week.

This time I want to concentrate on educational toys and reading material. This include kids laptops, alphabet teaching talking toys, building blocks, kids story books. This are been requested by many customers so I believe they will do well. I will use USD 275 to order for this from the United Kingdom.

I also want to expand my customer base by creating a website that will have pictures and prices of all the items we have in the shop. This will have online payment services and also pay on delivery. This will highly increase our client number and offer easier shopping experience. I will use USD 200 for this service from a local company.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$581.00

Date disbursed

Apr 15, 2015

Repayment status

On Time

Projected term

4 months

Lenders

K

Kondonassis

Bridgton, United States

investor

Candiac, Canada

davelowe100

Perryville, United States

J

Jorgetmorais

Vila Nova de Gaia, Portugal

P

ploeger

Perkasie, United States

ErikN

Stockholm, Sweden

evinpa

United States

Zidisha

Sterling, United States

T

ToddK

Indianapolis, IN, USA, United States

A

ashtanga99

Newport, United States

BJ

Brandon Joz

North Carolina, United States

H

hanh352

Homosassa, United States

IA

Ismini and Jerry

Stamford, USA, United States

D

danderson1953

Plainsboro, United States

Jouni

Finland

M

marcelitohb

Bremen, Germany

ads68

Melbourne, Australia

fairspirit

Utrecht, Netherlands

T

Taupe

Balzers, Liechtenstein

U

UTLonghorn

Lincoln, United States

A

Andrii

Kiev, Ukraine

D

DavidJSmu

North Attleboro, MA, United States

D

Dutch_lender

Leiderdorp, Netherlands

M

magnaculpa

Silver Spring, United States

E

E

Marin county, United States

P

Popcorn

Berkeley, United States

A

akshu71

Ottawa, Canada

T

thebonseung

Republic of Korea

Matching Fund

Sterling, United States

Justin

Connecticut, United States

Paul Buchheit

Mountain View, United States

N

NOWfund

Tokyo, Japan

M

merk85

United States

mepster

San Francisco, Ca, United States

T

ThomasS

United Kingdom

A

adamdreaming

United States

KM

Kirsty M

United Kingdom

A

Alexander

Innsbruck, Austria

SteveFylde

United Kingdom

MZ

Matt Zirwas

United States

MW

Matt Willis

United States

Jon

Sweden

jtreyes

United States

KO

Kevin OBrien

Denver, CO USA, United States

JD

Jeff DePree

United States

A

Anni

Finland

kristina

Dneprodzerginsk, Ukraine

Ask Xavier 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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