Entrepreneur
Name
Hezron
Member since
November 2013
On-time repayments
122 installments • 24%
About Me
I am 25 years old and single. ihave currently graduated with a bachelor of economics and statistics in 2013. i am currently working as an economists consultant. i also have a firm with my friend that deals with stationery supplies. i am hard-working and believe no success can be earned without hard-work. i am a God fearing man and a Secretary at my church's youth group. i like helping the elderly during my free time and assisting them financially whenever i can. i strive to archive my goals and targets each and everyday to ensure success in my life depends on my hard-work.
My Business
my main source of income is the job as an economists consultant. i work in this job for six hours daily. during the rest of the day i work in the stationery supplies company which we own with my friend. i and Eric Mwangi started the business two years ago. we supply office stationery to schools and private offices. we have a good supplier ourselves where we purchase our stock in bulk. this earns us a discount which we extend to our customers through cheap prices. this has earned us a good market share over our competitors. we distribute the stationery within and beyond Nairobi
Loan Proposal
I am currently in the business of supplying office stationery to schools and offices around Nairobi. As it is the begging of the year, I normally have many orders from schools. Currently, I have already supplied stationery to nine schools. I still need to make more supplies to three schools before 30th January 2013. Am currently running out of stock and need money to purchase more stationery. The schools’ payments for the delivered stationery take a while before they are processed and approved by the signatories of the schools. I therefore need the loan to add on my stock before the next scheduled deliveries. I will therefore use the money to boost the stock of my business. I will pay back the loan from payments to be received from already delivered stationery orders. I will highly appreciate your assistance as it will ensure I do not loose my customers to competitors.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jan 21, 2014
Repayment status
On Time
Projected term
2 months
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