Loan to purchase stationaries for my business

Billiah

Eldoret, Kahoya Estate, Kenya

100% repaid

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How it Works

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

I sell Text books and general stationeries,I had done my research and found out that there were few bookshop around and no printing company that can print receipts and other needed services such as photocopies and, the challenges are when the schools are closed, my customers are people who are in need of stationeries within and around the community, i want my business to be both retail and wholesale and to be the sole supplier to the people and other businesses, i am proud of serving and satisfying my customers. 6,000/= ( $60) will be used to purchase text books and 7,000/= ( $75) will be used to purchase general stationeries such as printing papers,pens, tonners and also paper punch for additional . I will purchase them at a low prices and sell them at higher prices for a profit making. The loan will enable me to acquire additional goods that i could not have acquired without this loan. the remaining amount of ksh 8,000 ( $90) will be used to pay for another printing machine as a deposite which will be completed in 3 months time for me to pick it up. The profit will help me to add more stock to my shop,support my family needs,repay my loan here at zidisha as well trying to check for new things for my clients.