Loan to buy office stationery to resell

Entrepreneur

About Me

My name is Samuel Muoka Ndili. I was born in Kitui county 48 years ago. Kitui lies on a semi arid region of Kenya where like other such areas, there is very little infrastructural development. I grew up in this environment where paved roads, tap water and electricity were unheard of. I got my primary and secondary education there and then moved to Mombasa to join Mombasa Polytechnic for a course in Accounting.

After passing my exams, I secured a job as an accountant at a small auto spares shop. The pay was not good and I quit after working for two years. I then opened butchery but the business went under after one year due to unfair competition and my inexperience. Through help from friends I stated a supplies business and that is what I am doing till now.

I am married with 3 children.

My Business

I supply stationery to offices, schools and other institutions. The items I supply range from pens, photocopy paper, notepads etc. I normally buy them from big suppliers and retail them at a profit. Due the long period that I have been in this business, I have built a good client base and it is this pool of customers that ensures that I have a steady flow of business.

I make an average profit of $400 per month and it is this money that supports my family. I hope to expand my business in future and serve a wider region since there is demand for these items in other towns as well.

Loan Proposal

If given this loan, I will spend it to buy 2 dozens of photocopy paper. This is a fast moving item I am hoping to make a profit of $20 from the sales. Thank you and I will share my success story with you when it happens.

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