Purchase stock of photocopy papers

John

Mwiki, Kenya

48% repaid

Entrepreneur

Name

John

Member since

May 2016

On-time repayments

11 installments  •  45%

About Me

Am a Kenyan citizen,32 yrs of age,a second born in my family and am a christian. I started going to school in the year 1993 up to the year 2000 which was a primary level, in year 2001 i joined high school up to year 2004 where i got K.C.S.E certificate. i joined college in the year 2006 where i studied computer programming and packages up to year 2008.
I like to work very hard without giving up, gathering important ideas from successful entrepreneurs to accomplish my goals and overcome some of business challenges that most of entrepreneurs encounter.
I started my business in the year 2011 after working in a building and construction company for a period of 1 yr, my savings from that company helped me to start a business.
I live in urban area where all tribes are presented and their culture.
I have a son who want to be a doctor when he grew up.
my unique hobby is climbing on hills and mountains and also reading.

My Business

I provide computer and photocopy services and also sell stationery, my business is located next to Kenyatta university and because it is a learning institution the demand of my services is very high.
I was interested working using a computer and that why i decided to start a cyber business.
I usually buy printing materials i.e printing papers, embossed papers for use in design
ink ,toners e.t.c, i pay taxes weekly to my local government.
I use the profit to expand my business and also to cater for my family needs.

Loan Proposal

I will use the loan to buy stock, i.e 3 reams of photocopy papers, the cost of 1 ream is 3$ the total of 3 reams is 9$. i will get a profit of 10$ from each ream.
This loan will add a value to my business, and i will in form others about zidisha.
i expect to profit to increase gradually 40% to 70$

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$10.00

Date disbursed

May 25, 2016

Repayment status

Late

Projected term

2 months

Lenders

Zidisha

Sterling, United States

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