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.
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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
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