Mudukiza's Bookshop

Julius

Ikengelo, Kenya

100% repaid

Entrepreneur

Name

Julius

Member since

October 2016

On-time repayments

53 installments  •  40%

About Me

I was born in Kakamega county near Majengo sub county and went to Ikuma primary school and later progressed to Chango high school.
I was born in a poor family being the last born of seven members
My dad was a peasant farmer and my mother was a house help.
It became difficult for me to get school fees which i later managed to through the hard way .Being send home for school fee most of my time.
I began my own business after saving for about three years and had little capital
The uniqueness in my village is that e have less educated families but business oriented
My children wants to be business men and teachers
I like traveling and socializing

My Business

I run a bookshop sale reading books ,novel and school stationery.
Book shop is very useful to student and books are in high demand especially the pens and exercise books
I choose this kind of business because its unique and less people operate it in our village
my revenue its from selling stationary and the cost are those of buying the stationary and paying rent.
I use my profits to pay school fees and re invest

Loan Proposal

ill buy more books and pens since students are reporting back to school for about 10dollars
ill pay my employees about 5 dollars
my profit margin will be higher and help me employ more staff to my business.
my profit margin will go up to at least 50%

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$32.00

Date disbursed

Jan 11, 2017

Repayment status

On Time

Projected term

3 months

Lenders

G

guenter

Bremen, Germany

McJulio

New Jersey, United States

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Jean Wren Chan

United States

Paul Buchheit

Mountain View, United States

Ask Julius a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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