Purchase of office stationery in bulk for sale

Mercy

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Mercy

Member since

March 2014

On-time repayments

191 installments  •  87%

About Me

Am a young Kenyan woman living in Nairobi and with great ambitions,dreams and set goals. I am happy to report I finally graduated from campus in December 2014. My small business is currently taking care of most of my rent and house bills now that am out of college.
I started engaging in serious business from first year (2010/2011) to date. I have a passion for business and the success of that business.
The income I have been getting has helped sustain me in campus by catering for pocket money,bills and other basics. The need to earn and be independent drove me to start business while still in school and at a young age. I use my income to cater for personal needs and also for buying products for sale to clients.
With the current rate of unemployment even with higher level education, engaging in businesses is the way to go to ensure we make a living.

My Business

I have registered my small company under a sole proprietorship with hopes for expansion in Future. The business involves sale and supply of IT products and office supplies. I have actively engaged in sale and supply of computer and computer accessories, cartridges, office stationery and by order I sell laptops,tablets, power banks,printers and other office consumables.
I sell the products in retail for now due to lack of enough funds. I share a stall/shop with a friend in the CBD to enhance physical location of the business where new clients can be directed to for consultation and other purposes.
I hope to open my own shop with time and stock it well. I have loyal clients who call to make orders. My timely delivery of products, competitive prices and good customer relations enable my business to compete favorably in the market. The income I get will enable me repay the loan in time.
A loan will help me when it comes to sourcing for products on a client's demand when need arises.
I appeal to Lenders to help me achieve my set goals for making this business bigger, better and more profitable. The area my business deals in will always be marketable as people will always want IT products and the offices will always need the supplies and consumables. I try as much as possible to sell whats trending in the market to ensure I compete favorably.

Loan Proposal

Thank you Dear Lenders for funding my last 2 loans. The previous loans really brought me far. I am back again humbly requesting for another loan.
This time around am appealing for 700 Dollars. You have believed in my business and now am counting on your help to take it to next level.
I would like to purchase office stationery in bulk and sell it in wholesale to other retailers. I will buy 100 reams of printing and photocopying paper. This will cost me around 300 dollars. I already have ready market that will ensure the returns made will continue to sustain purchase of more stock in future.
I will also buy around 10 dozens of notebooks which will cost 60 dollars. I intend to buy at least 10 dozens of envelopes, files, pens, office pins, stickers, staplers and staples and paper punches. All this will be supplied to clients with big offices who make monthly orders in bulk. These will cost at least 200 dollars.
The remaining 40 dollars will be used to cater for miscellaneous costs that will arise during purchase and transportation of goods bought to my shop.
The good thing with office stationery is that there is already ready market from clients who already buy things like cartridges from me. Being able to supply in bulk will build a better rapport with clients since I will ensure I am reliable and prompt in delivery.
I will be in a position to repay the loan if funded. It's my hope and believe that you believe in me and will fund my loan.
Thank you very much.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$700.00

Date disbursed

Mar 9, 2015

Repayment status

On Time

Projected term

12 months

Lenders

johnfay

Lusaka, Zambia, South Africa

T

Tmann

Los Angeles, United States

C

CWS

Huntington beach, ca, United States

G

GalantnostS

Hong Kong, Hong Kong

W

WilsonLending

Atlanta, United States

N

nitram

Stockholm, Sweden

R

Raabo

Rungsted, Denmark

investor

Candiac, Canada

Jakub

Velke Svatonovice, Czech Republic

J

johan

Oslo, Norway

torelizer

Reggio Emilia, Italy

Veronika

victoria, Canada

mbunifu

San Jose, United States

P

Philippe

Adliswil, Switzerland

T

TobyKenobi

Syracuse, United States

S

SeeBiscuit

Reston, United States

José Antonio

Carapicuíba, Brazil

D

Davieboy

Melbourne, Australia

DeanDropshot

Oslo, Norway

Rocketdrive

Eugene, Oregon, United States

J

jozua

Delft, Netherlands

Raoul72

Naarden, Netherlands

F

faical

Cologne, Germany

T

tloureiro

Pfungstadt, Germany

A

Aloha

Cologne, Germany

R

Roman

Barcelona, Spain

Pere

Barcelona, Spain

jmorris

Boston, United States

Zidisha

Sterling, United States

AnnaChristina

Pittsburgh, United States

T

ToddK

Indianapolis, IN, USA, United States

M

mogensh

København V, Denmark

Svenip

Vienna, Austria

C

cjmenchaca

Austin, United States

BJ

Brandon Joz

North Carolina, United States

RebeccaNie

Palo Alto, United States

Jeff and Marcie

Portland, OR, United States

B

blahblah

Nuernberg, Germany

gr8ful

Syracuse, United States

M

mason243

Denver Colorado, United States

C

chrisn

Egg, Switzerland

C

CrazyCanuck

Nepean, Canada

B

briansedz

Canton, Ohio, United States

P

proby24

Singapore, Singapore

K

Kibbleni

Madison, United States

beverly

Vancouver, Canada

J

jjonas

berlin, Germany

T

tmsaddress

Orlando, Florida, United States

H

hanso

Arendal, Norway

F

farwest

Alamo, United States

S

stevetanner

Geneva, Switzerland

K

KDeath

Dublin, Ireland

Los Wade

United States

B

blue0green717

St-Lucien, Canada

Cloudways

Malta, Malta

P

pillepalle

Osnabrück, Germany

WormaldTSG

Rydalmere, Australia

D

doinggood

Missoula, United States

birtom

Ettlingen, Germany

B

bugsheep

Houston, United States

Matthew

New York, NY, United States

Jouni

Finland

AdvancingCompassion

San Diego, United States

N

nanax005

SALEM, United States

A

artom

Karkola, Finland

T

tuttifrutti

tulare, United States

M

Mark

Melbourne, Australia

ads68

Melbourne, Australia

J

janharg

Garland, Tx, United States

T

Travelbear

Asheville, United States

S

SabresFan

Oro Valley, United States

dhulsterwim

LIER, Belgium

U

UmSaeed

Southfield, United States

swendl

Iowa, United States

A

Aaron

Zurich, Switzerland

P

PetrusR

balmoral, Australia

P

pignolet

zurich, Switzerland

rfriedenberg

New Jersey, United States

J

jerryq

Redding, United States

V

Valis

Singapore, Singapore

C

Caalve

Bratislava, Slovakia

D

dannimw

Victoria BC, United Kingdom

Gordons28

Santa Monica, United States

Argyris

Los Angeles, United States

A

Andrew22

Hopewell PA, United States

N

NLArjan

Leiden, Netherlands

Winona

Yakima, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

ShaneS

Port Pirie, Australia

G

Goldrivermob

Gold River, Canada

M

Marod

Edmonton, Canada

tswickrama

Orlando, United States

D

dpvidal

Eindhoven, Netherlands

Delphis2k

Birmingham, United Kingdom

Zal0m0n

Atlantis!!!! x), Mauritania

K

kingcamo1095

Mountain Home, United States

P

peaceandcarrots

Hilltop, United States

F

Frenchie

Johannesburg, United Arab Emirates

P

Pavane

Kungsbacka, Sweden

ThorstenH

Bensheim, Germany

S

SnifferTheBunny

Brighton, United Kingdom

dmirpuri

Bangkok, Thailand

ibc123

Seattle, United States

kalidanthepalidan

Denver, United States

E

E

Marin county, United States

Jamesaubrey

Norman, United States

K

Kristell

Middelburg, Netherlands

M

mark3339

San Diego, United States

E

elourenco

Porto, Portugal

Evan Lamos

Brussels, Belgium

G

guggl

Vienna, Austria

Déméter&Kotler

Paris, France

B

BenHittle

Salem, United States

G

GanSatya

United States

R

RohitSingh

Montreal, Canada

B

BobHope

United States

T

thebonseung

Republic of Korea

pvilliger

Zurich, Switzerland

Shemuel

New Jersey, United States

Matching Fund

Sterling, United States

robinbuxton

Rugby, United Kingdom

G

guiambros

United States

B

BlackMoss

United States

J

Jonas

Linköping, Sweden

S

spivurno

United States

M

meric

Australia

Paul Buchheit

Mountain View, United States

F

FSO

Canada

M

Michi

Switzerland

R

retzroff

United States

T

tiojoca

Portugal

joshuacollinson

Vienna, Austria

mepster

San Francisco, Ca, United States

R

RonEddy

United States

L

luckiestmonkey

United States

B

blambert

United States

J

JonAlec

United States

J

JshWright

United States

T

Tim47

United States

adrianz

United States

H

hayek

Stuttgart, Germany

M

M.Umar

Pakistan

M

mcgeefamilyny

United States

P

Paul

United States

M

Madtowner

United States

T

Tony1

Australia

A

andreab

United States

Sara

United Kingdom

UD

Ulf D

Frankfurt am Main, Germany

D

Doug

Baltimore, United States

M

Marcus86257

United States

Lauren

United Kingdom

M

mmartin

United States

R

Robert

Berlin, Germany

S

Stephanie

United Kingdom

MW

Matt Willis

United States

G

GS

Germany

MH

Meghan Hughes

United States

jtreyes

United States

H

Hakon

Drammen, Norway

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