New inventory of office stationary to supply to schools

Hezron

Nairobi, Kenya

64% repaid

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How it Works

Entrepreneur

Name

Hezron

Member since

November 2013

On-time repayments

122 installments • 24%

About Me

I am 25 years old and single. ihave currently graduated with a bachelor of economics and statistics in 2013. i am currently working as an economists consultant. i also have a firm with my friend that deals with stationery supplies. i am hard-working and believe no success can be earned without hard-work. i am a God fearing man and a Secretary at my church's youth group. i like helping the elderly during my free time and assisting them financially whenever i can. i strive to archive my goals and targets each and everyday to ensure success in my life depends on my hard-work.

My Business

my main source of income is the job as an economists consultant. i work in this job for six hours daily. during the rest of the day i work in the stationery supplies company which we own with my friend. i and Eric Mwangi started the business two years ago. we supply office stationery to schools and private offices. we have a good supplier ourselves where we purchase our stock in bulk. this earns us a discount which we extend to our customers through cheap prices. this has earned us a good market share over our competitors. we distribute the stationery within and beyond Nairobi

Loan Proposal

I recently finished paying the previous loan even before the specified time. I am requesting for this loan to use it to purchase new stock for my business. I have a supplies business for office stationery. Currently i have intensified my search for new customers, that is, new schools and offices to supply stationery to. This has been fruitful since i now have new orders. I will therefore use the loan to purchase new inventory for my business to meet my new orders which are due in two weeks. I will highly appreciate your assistance since my business does not benefit me alone but i also use the profits to cater for my brother's and sister's school fees. I will comfortably pay the loan from payments to be received from delivered orders. Thank you and God bless.