Loan for restocking my stationary shop
Billiah
Eldoret, Kahoya Estate, Kenya
23% repaid
Entrepreneur
Name
Billiah
Member since
February 2015
On-time repayments
108 installments • 56%
About Me
My name is Billiah Nangila,I was born in a placed calledMatete, Matete is located in western kenya on your way to Webuye , from matete to webuye is just 10kms, My parents stay in Matete till now since it is our home, I went to school at Kivaywa Primary school from Nursery to class 8, Kivaywa Primary School is located just within Matete Centre,. After My Primary Education I joined Tande High school its located within Matete Town, Matete town is under Lugari County at the heart of western.
I later Joined Melivis Computer collage that is after completing my High school and took certificate in computer and also I went to Moi University In Eldoret for Business Administration and I was able to be awarded Diploma in Business, I was later married to Mr. Mike Mwasame in 2000 November and we are now blessed with three Beautiful girls. Thats all about my life.
My Business
My Business is now 5 years since I started,My business Deals with office stationeries and printing, we are located in Eldoret Oloo street, Fims House door Number three. at the Business we have one employed person our revenue income we generate between ksh 15000 to ksh17500 depending on how clients orders the printing work and office stationary.
the challenge we are facing now is enough money to meet the needs or our clients and this has become a big challenge and a threat to the business, the reason why we choose this business is because we saw the need in the society since most of people used to go to Nairobi or Nakuru to do the printings and to get office stationeries.
the purpose of the loan is to purchase more office Stationeries to meet the needs of customers and also to increase the size of our business. the amount of ksh8,000 will go direct to purchase of the things needed by the customers.
Loan Proposal
Dear lenders, I want to thank you first for the opportunity to advance my business, my business has now a very big change in s positive ways,my business since I joined zidisha, it has grown up to 45% in growth, i am very thankful.
my next loan that i am requesting, will go towards purchase of new books, papers roles and also files,
my total cost for this is $350 , of which $280 will go towards purchase of files, paper roles and books, while $70 will go towards payment of license which is a must for all business owners in the county.
and this is due to the demand i have now since the schools have been reopened and the materials and other printing materials are now on high demand.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$349.00
Date disbursed
Jan 27, 2016
Repayment status
Late
Projected term
64 months
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