New inventory of office stationary to supply to schools

Hezron

Nairobi, Kenya

64% repaid

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.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$174.00

Date disbursed

Apr 1, 2014

Repayment status

Late

Projected term

26 months

Other loans

Lenders

BM

Benedicte Monroe

Sarasota// Phnom Penh, United States

L

lmuenchen

Munich, Germany

G

guenter

Bremen, Germany

J

jjonas

berlin, Germany

trackpal

Brighton, United Kingdom

J

jesscon

United States

R

rutul

United States

D

DanDotLewis

United States

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  • guenter    Feb 21, 2015

    Hezron?

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  • guenter    Dec 14, 2014

    Hezron, any news for us, please?

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  • Hezron    Nov 17, 2014

    am sorry i have been sick for a while and that's why i have not communicated with you on my repayment. during this sickness period i have been unable to do business. i will therefore resume my payments but in a smaller amount. i have started running my business again although its picking at a slower rate. i regret any inconveniences caused to my lenders

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  • guenter    Nov 2, 2014

    Dear Hezron, you are late with your repayments. Do you have any problems? Please inform us.

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  • Hezron    Mar 31, 2014

    Dear my lenders;
    Am very impressed by your funding. I highly appreciate your contributions with a grateful heart. My God bless you abundantly that you will continue helping other people. I will use the loan advance my business thanks to you. I will now be able to meet my pending orders since I will purchase more inventory. Thank you again for your funding. I recognize Benedicte Monroe, DanDotLewis, fkorling, guenter, jesscon, jjonas, lavan1993, lmuenchen, rutul, sergioromo, and trackpal. THANK YOU ALL AND MAY GOD BLESS YOU.

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  • Hezron    Mar 28, 2014

    hey thank you very much jjonas i highly appreciate your assistance

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  • Hezron    Jan 23, 2014

    Dear my lenders,
    Am very grateful for your contributions towards raising my loan. I received the loan and i have been able to purchase stationery inventory worth 10,000 Ksh by summing up the loan with my savings. I am currently attending to five orders from schools and two orders from offices. These orders were pending due to lack of stock, but thanks to you i now have good inventory. May God bless you abundantly.

    Best Regards,
    Hezron Maina.

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