Entrepreneur
Name
Christine
Member since
May 2013
On-time repayments
111 installments • 47%
About Me
My name is Christine Gaithuma am a business woman and i do my business here in Mombasa.I am a hardworking lady who believes in meeting every commitment or goal. I am a married lady with 4 children. I live in Mombasa Ganjoni area.I live in a rented house with my family, my children and my husband.
Am 'O' Level and have done Secretarial Course for One Year. I have been employed for 15years as a Secretary and also was doing some purchases
After having enough experience I decided to go for business.
I purchase stationery for resale. and computers and printer cartridges also for resale. I also do some baking. I decided to turn into business mainly because i wanted to add what i will get from the business to my salary. I have children and i have to plan for their future, and regarding how life is today everything is very expensive i had to look for additional income.I started a bookshop that has been doing well. With the income i get from my business am able to buy clothes for my children, food and other household needs. Todays economy is very tight and someone has to be very keen and hard working to achieve what you want in life.
My Business
My business is a stationery shop, the shop is situated in Ganjoni area, this is in the heart of Mombasa city. Its a business territory here with lots of different people.Because of the busyness of this area business here is doing great as most of the people all around the coat area come to do their shopping here. My shop is busy most times and am lucky its neighboring to three schools who are my regular customers apart from the visiting customers come to buy their stationery.In my shop i sell stationery, computers,printers and their accessories.Its a good business and am happy to say i get my daily bread here apart from other family needs. With this business i get a gross profit of Kshs.50,000 per month which i believe after all my regular needs i can confidently repay my loan if granted. Risks in my business includes Theft which is a global challenge to business, also price fluctuation which is also another challenge. Despite this business i have a payslip that can rescue me from having difficulties in repaying in case an agency occurs.With the income i use Ksh.10,000 for my family food, Ksh 20,000 i put back to the business, Ksh 10,000 i use to pay for my children school fees and save the rest to my account.Am looking forward to working closely with zidisha as i have faith with zidisha i can achieve my goals.
Loan Proposal
I will buy photocopy paper in bulks for my use and also selling. I do photocopying for schools and colleges. I charge 5/= per copy and i photocopy a ream everyday or more and a ream have 500 pages. A ream of paper cost 300/= will sell at 450/- which give me a good margin in profit I will also buy stationery which also gives a good profit. In printing I charge 10/= per pager and i do printing almost 200 pagers .
If i get the loan i expect profit to increase as I will be able to do a lot as I have the stock already.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$134.00
Date disbursed
Jul 1, 2015
Repayment status
On Time
Projected term
3 months
Ask Christine a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.