Add nursery school supplies & diapers to my stationery shop

Monicah

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Monicah

Member since

April 2015

On-time repayments

18 installments  •  56%

About Me

I have three siblings, and I'm the third born in our family. I had a good childhood, and my parents ensured that we all had a good education up to college. I have a diploma in early childhood education. I'm a widow with four children. Since I am the sole breadwinner, I have to do two or more jobs to fully cater for their needs. I want to give them what I had so that they can be morally, socially, intellectually, and psychologically upright.

I got a small loan from my parents and started a stationery shop to boost my income. It is located near five learning institutions in a densely populated area, hence making business good. I live in an area where children socialize and assist each other in need. As parents, we encourage them to work together to improve the living standards. We parents also believe that our children are tomorrow's leaders, so we meet monthly and discuss our challenges.

My children want to do various things when they grow up. They include a teacher, an artist (he really knows how to draw), and a doctor. The last born is only two years old, so he's not yet decided. I love reading, cooking and travelling.

My Business

Since my shop is in a densely populated area, I manage to make good sales in exercise books, pens, rulers, journals, and other stationary. The shop is located near five learning institutions and others are coming up -- i.e., nursery schools are being opened -- so demand is always there. I chose a stationery shop because I love my career, so I decided to choose something I like doing: mingling with children. I make an average of KSH 500 a day, and I work six days a week. I manage to pay rent, my shopkeeper and monthly bills comfortably. This leaves me with a small profit, which I save for the business growth.

Loan Proposal

when given the loan I will add it to the savings I have and add items related to the small nursery school going children such as manilla papers, paints, Plasticine, crayons, plain books and the half inch ruled and squared exercise books. they are necessary because two nursery schools are being set up to open soon next to the public primary schools and a secondary school. I also need to stock on diapers since there is a day care centre around.

Show original English  

About Me

I have three siblings in which I'm a third born in our family. I had a good childhood and my parents ensured that we all had a good education up to college. I have a diploma in early childhood education. I'm a widow with four children. since I am the sole breadwinner I have to do two or more jobs so as to fully cater for their needs. I want to give them what I had so that they can be morally, socially, intellectually, and psychologically upright. I got a small loan from my parents and started a stationery shop so as to boost my income. it is located near five learning institutions in a densely populated area hence making business good. I live in an area where children socialize and assist each other in need. as parents we encourage them to work together so as to improve the living standards. we parents also believe that our children are tomorrow's leaders so we meet monthly and discuss our challenges. my children want to do various things when they grow up. they include a teacher, an artist( he really knows how to draw), a doctor. the last born is only two yrs so he he's not yet decided. I love reading, cooking and travelling.

My Business

since my shop is in a densely populated area, I manage to make good sales in exercise books, pens, rulers, journals, and other stationary. the shop is located near five learning institutions and others are coming up ie nursery schools are being opened. so demand is always there. I chose stationery shop because I love my career so I decided to choose something I like doing.. mingling with children. I make an average of ksh 500 a day, work six days a week. I manage to pay rent, shopkeeper and monthly bills comfortably. this leaves me with a small profit which I save for the business growth.

Loan Proposal

when given the loan I will add it to the savings I have and add items related to the small nursery school going children such as manilla papers, paints, Plasticine, crayons, plain books and the half inch ruled and squared exercise books. they are necessary because two nursery schools are being set up to open soon next to the public primary schools and a secondary school. I also need to stock on diapers since there is a day care centre around.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Jun 20, 2015

Repayment status

On Time

Projected term

6 weeks

Lenders

dlpringle

Denver, United States

M

mbarbier

United States

Jean Boulware

Chicago, United States

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