Funds for increasing my stock

Kenneth

Nakuru County, Nakuru Town, Kenya

98% repaid

Entrepreneur

Name

Kenneth

Member since

January 2015

On-time repayments

21 installments  •  33%

About Me

My name is Kenneth Jairus Oduor. I live in Nakuru Town, Kenya. Am married and I have two children. Two boys. One in class two and the other in baby class.
My education level is college diploma in Business Management. I was initially employed by a company called Kenya Literature Bureau, a company that deals with publishing and sales of text books for schools and other institutions. Unfortunately we in the marketing field were laid out because of the hard economic times the company was undergoing. I thereafter decided to venture into business of selling books and other educational materials like examination papers.
My hobbies include:
1) watching football
2) visiting children homes
3) undertaking social events in the community like clean ups, HIV/aids awareness, Anti-jiggers campaign
4) visiting persons with disabilities and homes for the elderly and helping them in their chores at home.

My Business

The name of my business is called Jaken Stationers. I sell books and other educational materials like examination papers. I started my business five years ago after being laid out from active employment. I sell school text books and other educational materials like examination papers and stationery in schools and other institutions of learning like colleges. However, there are various challenges that I encounter which include:
1)Funds to grow the business
2) Competition from well established businessmen

Loan Proposal

I will use this money to ensure that i visit schools that have been giving me business. I will talk to them and convince them to let me supply them with examination materials like examination papers. these examination papers will be supplied to the schools immediately since when schools open pupils usually sit examinations known as beginning of the year examinations.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Jan 18, 2015

Repayment status

On Time

Projected term

4 months

Lenders

M

MSpainhoward

United States

PP

Pasi Paajanen

Helsinki, Finland

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  • Kenneth    Mar 1, 2015

    Hi lenders. I was not able to remit my last payments in time but i promise to clear my installments by Tuesday the 3rd March 2015.
    Regards ,
    Kenneth Ogola

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  • Kipngeno    Feb 28, 2015

    Hello lenders ken is one of my lender and he is among the one i contacted and he promise to improve his repayment rate but i also advise him to adjust his repayment amount if he sees i cann't repay the initual amount

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  • Kenneth    Jan 31, 2015

    hi lenders,
    i aheve decided to reschedule the repayment to 200 shilling due to hard times we having here in kenya,

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  • Kenneth    Jan 19, 2015

    Hi. I am very grateful for the for the loan of Ksh 4457.00 disbursed to me. The loan was timely since upon receiving the loan I have managed to go to seven different primary schools and I have been given an order to supply immediately examination papers that the pupils are required to do starting date 26th/01/2015. Henceforth, I have managed to pay my supplier(printer) who has already started printing the exams and he has informed me to come and pick them on Friday the 23rd/01/2015 so that I can be able to supply to the schools.
    Thank you lenders I am now able to do business.

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