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

Ask Monicah 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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  • Mercy    Mar 31, 2016

    Hello Lenders,

    Monicah had difficulties in getting the paybill number but i have given it to her .

    Thanks
    Mercy

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  • Monicah    Mar 6, 2016

    hi. pliz send me the paybill no.

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  • Mercy    Mar 2, 2016

    Hello Lenders,

    Monicah has promised to pay from today.

    Thanks
    Mercy

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  • Mercy    Jan 28, 2016

    Hello Lenders,

    I have talked to Monicah and explained to me that the business was not well but i have explained to her on how to adjust the payment till the business peaks up again.

    Thanks
    Mercy

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  • Mercy    Dec 30, 2015

    Hello Lenders,

    Monicah Is unreachable for now but i will keep trying.

    Thanks
    Mercy

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  • Mercy    Nov 12, 2015

    Hi Lenders,

    I have talked to Monica and she will make the payment tomorrow.

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  • Monicah    Oct 21, 2015

    hi. thank you a lot for the loan. I managed to buy a digital camera and a binding machine. I'll inform you of the progress in a week's time. thanks.

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  • Monicah    Oct 13, 2015

    hi. thank you for lending me. I'll use the funds to buy the following:-
    digital camera@ $60
    spiral binding machine@ $35
    spirals and covers @$10.
    this will help me make more profits. thanks a lot.

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  • Monicah    Oct 4, 2015

    hi. I'm glad to inform you that the purchase made on a computer, and printer/photocopier was very successful and I've managed to clear the loan with funds from printing and photocopy. this made me very impressed and look forward to being awarded another loan to enable me achieve another project

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  • Mercy    Sep 24, 2015

    Hi Lenders,

    I have talked to Monicah and she has promised to settle the balance on the coming week on Wednesday.

    Thanks
    Mercy

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  • Monicah    Aug 31, 2015

    hi. I'm very grateful for lending me the money. I managed to buy a desktop computer, a three in one copier and papers. I'm looking forward to make profits. thanks a lot.

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  • Monicah    Aug 17, 2015

    hi. I'm very greatful for your assistance. I'll add this money to my savings and buy a computer @$100, printer @60, photocopy papers @6. I know this will boost my business since photocopy and printing are on high demand. thank you all.

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  • Monicah    Aug 10, 2015

    hi. thank you for funding my loan. I managed to increase my profit by $4 a day which enabled me to pay my children's fees on time and have some savings for the next project. during school holidays people around buy toys which I have stocked up as well as teachers prepare for the next terms work by writing schemes of work.

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  • Monicah    Jun 26, 2015

    hi. I managed to get the items I had requested money for and I'm looking foward to making good sales.

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  • Monicah    Jun 19, 2015

    hi. thank you so much for lending me the money. it will help me stock up for the pre school items and get good profits from it. I will use the money to buy the following:
    manilla papers @$9
    tin paint @$5
    half inch exercise books @$9
    modelling clay @$13
    crayons @$5
    pencils @$2
    spring files @$5
    paint brushes @$2

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