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

None

None

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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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  • John    Jun 22, 2016

    The loan helped me a lot to buy stationeries and photocopy papers. my earning have increased to a profit of 30% to 60%.
    the increased earnings am using to expand the business, am very thankful and happy about zidisha team and my lenders, everyone in my family is talking about zidisha and are very happy for your support.
    i like spending holiday going for a tour with my family.

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  • John    May 25, 2016

    -i will use the money to buy stock
    -it will help to increase the profit.
    Am very thankful for funding me with the loan.

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