New chairs and tent for my events business

Zipporah Njeru

Chogoria, Kenya

100% repaid

Entrepreneur

Name

Zipporah Njeru

Member since

January 2015

On-time repayments

78 installments  •  46%

About Me

My name is zipporah. am a wife and a mother of two. growing up in a small village of meru county i always watched my dad go to his shop, i would accompany him during weekends and holidays. this is where my interest for business began. Have been wanting to raise capital to start a business but school fees for my kids have been taking all my money. my desire is to start a bookshop where I can be selling books and other stationery. In future God willing am planning to start a library back at home as a way of giving back to the community. Would appreciate if zidisha team can assist me do the same.

My Business

Am planning to set up a bookshop where I will be selling books and other stationery. The books include both text books and exercise books, rulers, pens and other stationery. This business will cater for all types of books starting from primary level. my source of income will be from loans from zidisha and also saved part of my savings for this

Loan Proposal

My business deals with hiring of tents and chairs during different events like weddings and parties. I also do the venue decorations, vehicles and even churches.
Given this loan, I will purchase 50 more chairs which goes for ksh 500 each and materials to decorate the chairs that will cost me ksh 3000. This will help in the expansion of the business. This will help cut shortage of tents and chairs in my business especially during peak seasons like April, august and December where clients hire these tents in large numbers. The additional chairs will bring a margin profit of ksh 5000 per month and this money will be used in the expansion of my business.

Feedback

2

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.16

Date disbursed

Jan 20, 2015

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Lender interest: $100.16 at 9.10% annual rate over 2 months = $2.05

Service fee: $0.84

Lenders

YB Song

Seoul, Republic of Korea

J

Jessica

Patagonia, Argentina

S

SvenWaage

Stavanger, Norway

juliemartha

Lake Mary, United States

E

elourenco

Porto, Portugal

trincowski

Vilar, Vila do Conde, Portugal

P

Prometheus

Duisburg, Germany

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

Loading...

Loading...

Loading...