Loan to increase stock for my bookshop

Benard

Nairobi, Kenya

10% repaid

Entrepreneur

Name

Benard

Member since

August 2015

On-time repayments

263 installments  •  13%

About Me

am a firstborn in a wonderful family of three, a graduate of university of nairobi a cashier at uchumi supermarket and a stationery and green grocer owner.
starting business has always been a dream i wanted to achieve and with my personal savings, i was able to realise this dream.
In my country many people are now turning to entreprenuership being that jobs are few.
My hobbies include reading novels, watching movies and documentaries.

My Business

My business involves sell of educational books, fictional works and other educational materials. It also offers photocopy, printing and binding services too.
I opted to venture into this business because matters concerning books has always been my passion.
My typical costs are:
employee's salary- $112
rent- $77
electricty bill- $22
While the revenue stands at $335.
Most of the net profits are usually re invested into the business.

Loan Proposal

With this loan i will purchase:
Educational books worth $100
Novels worth $64.
Atlases and maps worth $64
This will increase the pool of books from which customers are able to choose from thus increasing profitability and satisfaction among customers.
This will boost the business' profit by at least 14%.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$239.00

Date disbursed

Dec 31, 2015

Repayment status

Late

Projected term

57 months

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  • Judith    Sep 7, 2016

    Benard's phone is out of service and some of his referees i couldn't reach on phone and the ones i managde to get on phone claim they do not know Benard. I have therefore sent him an email.

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  • Benard    Mar 28, 2016

    will adjust upwards when things pick up

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  • Benard    Jan 20, 2016

    kindly allow me to reduce my installment.

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  • Benard    Dec 29, 2015

    With this loan i will purchase:
    Educational books worth $100
    Novels worth $64.
    Atlases and maps worth $64
    This will increase the pool of books from which customers are able to choose from thus increasing profitability and satisfaction among customers.
    This will boost the business' profit by at least 14%.

    Log in to reply • Share
  • Benard    Dec 24, 2015

    With this loan i purchased:
    Novels worth $33.
    Non fictional books worth $30
    This increased the pool of books from which customer were able to choose from thus increasing profitability and satisfaction among customers.
    This boosted the business' profit by 6%.

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  • Benard    Aug 31, 2015

    dear lenders...
    business has not been good lately...i request to reschedule my installment downwards...

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  • Benard    Aug 17, 2015

    dear lenders
    i received the loan yesterday.thank you...may God bless each and everyone of you for funding my loan and zidisha for making this possible.

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