Anastasia
Lower Sportsview Estate, Kasarani., Kenya
100% repaid
Name
Anastasia
Member since
May 2014
On-time repayments
16 installments • 63%
I have always nurtured business ideas when i was young. This brought about buying cartons of biscuits at wholesale prices and selling them piece by piece hence making profit. Though im more of an art person i know deep inside im more of a business oriented lady. This led me to do a course in University which is more technical than theoretical to enable me earn money immediately. Starting a business was easy for me and i started of immediately by visiting school libraries to ask for bookbinding and repair jobs. The first school i visited gave me business and that started my business take off. In our culture business prowess is highly regarded and respected. You will find almost in every homestead there is a business person. Lastly im a fun of financial markets and online businesses of which i use my free time to study them.
My business entails repairing and binding and commercial documents. This includes Library books and documents,personal books and documents and commercial work like company documents and files . Books and documents world over are very important since they give us the information and knowledge to literally run the world
hence this information has to be restored and preserved at all costs.
The cost involves buying materials for repair and preservation which may cost 200 shillings on the higher side and 50 shillings on the lower limit.
Most books bring back at least 70%as revenue. I put back the profit back to the business though some profit is used to run everyday bills.
The loan will enable me purchase more materials to add up to what i already have.
The binding cloth and PVC will cost 5 dollars, binding glue 2 dollars cartridge paper 2 dollars and Mull cloth 2 dollars.
This will enable me to finish my work and deliver at the appropriate time. This enables me get my payments at the agreed time hence put back some profits in the business.
My clients will be a happy lot hence more business my way through referrals.
At least i expect a 2% increase on my profits which im sure will be more with good business management.
Positive
None
Neutral
None
Negative
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Project Type
Classic Loan
Disbursed amount
$11.00
Date disbursed
Sep 1, 2016
Repayment status
On Time
Projected term
6 weeks
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