Running a printing service to pay university tuition

Faridah

Kitale, Kenya

6% repaid

Entrepreneur

Name

Faridah

Member since

February 2015

On-time repayments

99 installments  •  2%

About Me

I am Faridah Saleh last born in a family of six. i am a mother, married with one child. i have been brought up by my father after mum dead when i was still young. This experience was challenging and it motivated me to work harder in primary and secondary education which i attained good grades. After my A' level i undertook a postgraduate course in teaching at a public teachers' college since i was affordable. i am employed in a private school as a teacher. the money i earn is not enough to gather for my family and fees. from my salary savings i started a photocopy and stationary business which assisted me to enroll to further my studies during school holidays. My home is situated in riftvalley,transnzoia county,kitale town. The land is known in agriculture especially maize and dairy farming. The county is the main food basket of kenya(reffered as grannary.) My son wants to be an architecture in future. My hobbies are; drama, sports and listern/watching documentaries.

My Business

My business is located a long kitale-sibanga road at legacy shopping centre. I deal in; photocopy, selling of pens, envelops and stationary. I started my business in the year 2013. After saving a capital of $350 from my job. Due to the location of the firm i enjoy high demand since most schools are within, thus easy access. I run my business with income of around $200 out of which $100 is profit. I always ensure my customers are maintained by ensuring excellent relationship and fair prices. I use the profit to pay rent and sales person. I also restock the stationary and photocopy papers. The risks my business faces is price fluctuations and customer demands. I beat this by buying stock in bulk when prices are fair enough to satisfied my customer demands at different times respectively.

Loan Proposal

Once granted the loan i will purchase cartridges worth $33.33, photocopy papers $11.11 and stationary $22.22. once i purchase all this i will be more effective and beat competition since the business will attract more customer, thus increase in profit. the profit will assist in restocking and allow me pay my loan on time.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Mar 20, 2015

Repayment status

Late

Projected term

23 months

Lenders

Zidisha

Sterling, United States

T

ToddK

Indianapolis, IN, USA, United States

ads68

Melbourne, Australia

P

pashabitz

United States

mepster

San Francisco, Ca, United States

organic

Portugal

Sarah

Tangier, Morocco

K

Kitty

United States

K

K

United States

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Summary

Amount repaid

$6.59

Amount remaining

$98.76

Expected completion

Feb 19, 2017

Status

Repaying late

Installment amount

$1.10

Repayment History

Expected Payments Actual Payments
Mar 29, 2015 $3.29 May 9, 2015 $3.29
Apr 5, 2015 $0.01 May 9, 2015 $0.01
Apr 12, 2015 $0.00
Apr 19, 2015 $0.00
Apr 26, 2015 $0.00
May 3, 2015 $0.00
May 10, 2015 $0.00
May 17, 2015 $1.10 May 17, 2015 $1.10
May 24, 2015 $1.10 May 24, 2015 $1.10
May 31, 2015 $1.10 Jun 21, 2015 $1.10
Jun 7, 2015 $1.10
Jun 14, 2015 $1.10
Jun 21, 2015 $1.10
Jun 28, 2015 $1.10
Jul 5, 2015 $1.10
Jul 12, 2015 $1.10
Jul 19, 2015 $1.10
Jul 26, 2015 $1.10
Aug 2, 2015 $1.10
Aug 9, 2015 $1.10
Aug 16, 2015 $1.10
Aug 23, 2015 $1.10
Aug 30, 2015 $1.10
Sep 6, 2015 $1.10
Sep 13, 2015 $1.10
Sep 20, 2015 $1.10
Sep 27, 2015 $1.10
Oct 4, 2015 $1.10
Oct 11, 2015 $1.10
Oct 18, 2015 $1.10
Oct 25, 2015 $1.10
Nov 1, 2015 $1.10
Nov 8, 2015 $1.10
Nov 15, 2015 $1.10
Nov 22, 2015 $1.10
Nov 29, 2015 $1.10
Dec 6, 2015 $1.10
Dec 13, 2015 $1.10
Dec 20, 2015 $1.10
Dec 27, 2015 $1.10
Jan 3, 2016 $1.10
Jan 10, 2016 $1.10
Jan 17, 2016 $1.10
Jan 24, 2016 $1.10
Jan 31, 2016 $1.10
Feb 7, 2016 $1.10
Feb 14, 2016 $1.10
Feb 21, 2016 $1.10
Feb 28, 2016 $1.10
Mar 6, 2016 $1.10
Mar 13, 2016 $1.10
Mar 20, 2016 $1.10
Mar 27, 2016 $1.10
Apr 3, 2016 $1.10
Apr 10, 2016 $1.10
Apr 17, 2016 $1.10
Apr 24, 2016 $1.10
May 1, 2016 $1.10
May 8, 2016 $1.10
May 15, 2016 $1.10
May 22, 2016 $1.10
May 29, 2016 $1.10
Jun 5, 2016 $1.10
Jun 12, 2016 $1.10
Jun 19, 2016 $1.10
Jun 26, 2016 $1.10
Jul 3, 2016 $1.10
Jul 10, 2016 $1.10
Jul 17, 2016 $1.10
Jul 24, 2016 $1.10
Jul 31, 2016 $1.10
Aug 7, 2016 $1.10
Aug 14, 2016 $1.10
Aug 21, 2016 $1.10
Aug 28, 2016 $1.10
Sep 4, 2016 $1.10
Sep 11, 2016 $1.10
Sep 18, 2016 $1.10
Sep 25, 2016 $1.10
Oct 2, 2016 $1.10
Oct 9, 2016 $1.10
Oct 16, 2016 $1.10
Oct 23, 2016 $1.10
Oct 30, 2016 $1.10
Nov 6, 2016 $1.10
Nov 13, 2016 $1.10
Nov 20, 2016 $1.10
Nov 27, 2016 $1.10
Dec 4, 2016 $1.10
Dec 11, 2016 $1.10
Dec 18, 2016 $1.10
Dec 25, 2016 $1.10
Jan 1, 2017 $1.10
Jan 8, 2017 $1.10
Jan 15, 2017 $1.10
Jan 22, 2017 $1.10
Jan 29, 2017 $1.10
Feb 5, 2017 $1.10
Feb 12, 2017 $1.10
Feb 19, 2017 $0.96

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