Grow my stationery shop

Richard

Sotik, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Richard

Member since

August 2015

On-time repayments

188 installments • 80%

About Me

I am seventh born child with 3 sisters and 6 brothers but fro a humble family.
Our family come from Ndorobo namely the Ogiek who lived on hunting and gathering of honey.
Out 9 siblings two managed to go to school with a struggle( last born and I)
I went through curriculum 7:4:2:4
but after the Form 4 went to college and took a course in Certificate in General Agriculture 1988/90 completed but didn't managed to secure a formal job.
I did some farming engaged in Maize ,Beans, Brasicus and Pyrethrum growing as cash crop before venturing in the entrepreneurs where I self employed engaged in mitumba sales and finally open a Stationery shop where I am still doing it to date

My Business

My Stationery Shop is a registered business namely STAGGE COMMUNICATION dealing with Office stationery, Printing services, Photocopying, Binding and Lamination service.
Starting capital came from the previous work in the farm and mitumba business which I upgraded to a Stationery shop.
The business shop grew gradually because items required so much funds. Went to lending institutions where business drug so much for apart looking for funds to buying stocks I could make funds for loan repayment.
Today the business is almost at break even phenomena and I thank the Zidisha firm for their loan is pocket friendly with little interest
I have left all other lenders and stick to Zidisha firm for better performance and enhance better gross margins.

Loan Proposal

The loan from Zidisha firm will be used boost up my business by adding up the fast moving items and add some copies of set books for English Literature
Stocks to be added is as follows
1.Printing Papers 50 rims 20,000/-
2 Ruled Papers 50rms 20,000/-
3.Crystal Pens 30pkts 15,000/-
4. HB Pencils 20pkts 4,500/-
5. Set books 10copies 2,000/-