Increasing school canteen stock/goods

Jacob

Nairobi City-pipeline-tassia Estate., Kenya

14% repaid

Entrepreneur

Name

Jacob

Member since

June 2013

On-time repayments

15 installments  •  40%

About Me

Am the 3rd born of 6(six) family members. Am also single.
I finished my form four at Nangori High school and persued information technogy
My business is in epren academy and these is how to locate it
Its about two km from the stage that’s pipeline stage in dolholm and it’s a working distance.
It’s a well known school so it’s easily to locate. When you reach epren where it’s painted pig red showing epren academy. its on your right as you come from dolholm and just opposite the gate is a kiosk which actually acts as a canteen to the school as there in no shop inside the school it is my shop called AMANI SHOP and painted bluish the other two shops are a kinyozi and hotel shop both the lots are for the owner of the school whom we pay rent and the plot no is 0445.I employed a girl who stays at the back of the shop.
In that line as stated, there are only three shops and the firs shop is mine which I actually stay behind. I stock goods like sugar, bread, tea leaves, milk etc I serve both the public and the pupils. I normally increase my stocks with the profits and also pay my sisters a school fee who is now in form two.
I will greatly appreciate a consideration by Zidisha micro finance as I will use the loan to boost the stock especially the fast moving goods.

My Business

After my education;
On early 2012 –January I started looking for opportunities in vain. It also prompted me to come to Nairobi for my cousin brother who works at Kenya revenue authority and stays at dolholm flats at house 014.
I stayed with him after securing a job at dolhom working as a cyber attendant as that was my course. On March I heard Epren college was lending out the shop and since my cousin is apparent at the school and well known to him by the school director he assisted me a lot in securing the shop.
These for real changed my life as I apply for a loan know I have already assisted my sister who is in Kaproprita high school in form two now in paying her school fees.
I am now operating as a shop keeper and all the stocks are mine and the initial capital was greatly assisted by my cousin.
The challenges I normally face is lack of security, I also finish stock at a high speed especially when school are open as it’s only the shop pupils rely on.
I make sales of up to ksh.5000 per day and goes to ksh.100000 per month.
i have hired a lady whom I pay ksh6500 and my net profits is normally ranges to ksh.50000 which I use to increase stocks frequently.

Loan Proposal

Thank so much lenders for the continued support of my business.For these particular loan it will help stock the shop well as it will have came at the right time.
I will be increasing general stock items mostly on cakes used by both pupils and staff.Boarding items like towels soap,basins and general cleaning items for newly arriving boarding pupils.
I will also increase the general shop items comsumed generally like sugar,Unga,cooking oils and many other running stock.
Once more thank you for your support and God bless you!

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$199.00

Date disbursed

Feb 25, 2014

Repayment status

Late

Projected term

2 months

Lenders

EricDWalters

Rochester, Mn, Usa, United States

B

Bavarian

Bavaria, Germany

J

Jopar

Corroios, Portugal

Sarasota

Sarasota, Fl, United States

E

Escalada

Bakersfield, CA, United States

C

CZC

Lake Zurich, United States

C

cranejoad

cazenovia, United States

xtrahardware

Cazenovia, United States

dlpringle

Denver, United States

G

grogzoid

United States

Matching Fund

Sterling, United States

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