Ream paper business

Wilson Wasonga

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Wilson Wasonga

Member since

June 2018

On-time repayments

108 installments  •  65%

About Me

About Me

Mr name is Wilson Wasonga and love books from my young age and have been small scale books seller in Kenya. I have a family with children and now 38 years old Living in my own build house after saving some cash for the last ten years. With my goal to being financial independents i want now to concentrate in building t my mission. 
So i decided to get some funds to help me reach my goal in the next five years.
Born and raised in Kenya, have gone to education up to college level and in the books business experience of ten years, I request for the consideration to help me reach my dream of opening school supermarket by the end of 2022. 

my major aim is to help those who cannot afford school products in learning days by renting them the used and new school books and stationary at a fees so that their children and themselves can get the required learning materials.

My Business

My Business

Am a books-man and that is how my business is referred in Kenya [Ruiru Books]

I started my business in 2008 after the Kenyan went to election, with my little money of $4. I open a stall and have been struggling with it for over the years giving me small income where I keep others and restock the remaining. 
Its is a challenging business because it has some peak months in January, February, April, August and December. so that is the time i get good business while part of the months the business provide availability to survive on. So as i approach the season I wanted to get some cash to make it viable by the end of the year.
in good times it generate even an income of $450 or $600, but buy the lower sides it can generate between $300 and $400.

For now I have one employee together with my wife who help me to cater for the business.
As I conclude, the new line in business has now push me to apply for a helping hand in this line as our country has now introduced a new curriculum which has resulted into part of the business.

Loan Proposal

I will buy ream papers at a price of ksh 380 and sell at a price of 500 kenya shilings to ensure that midterm back to school is catered for beacause every student go back with ream papers.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$264.03

Date disbursed

May 14, 2019

Repayment status

On Time

Projected term

8 weeks

Cost to entrepreneur

Service fee: $11.12

Credit risk payment: $24.47

Optional expediting fee: $11.12

Lenders

lietu

Tallinn, Estonia

AndreaBravi

London, UK, Canada

ZlataRoy

Cheltenham, United Kingdom

T

Tallago3

Munich, Germany

Pere

Barcelona, Spain

C

cyrilleberger

Gammalkil, Sweden

Cloudways

Malta, Malta

R

rholden

glen iris, Australia

M

mkfiddler

Santa Barbara, United States

dcorbetta

Carate Brianza, Italy

ads68

Melbourne, Australia

C

CheapThrills

Liminka, Finland

camilberlin

Berlin, Germany

W

willemsenphilippe

Edegem, Belgium

J

Johannes

Pirmasens, Germany

M

Moonknight

Østre Gausdal, Norway

S

Smith

Kespu'kwitik, Canada

S

Sjors

Eindhoven, Netherlands

D

DanielW

United States

Flipmore

Vancouver, Canada

larry

Sweden

Megan

United States

T

TZ

Singapore, Singapore

D

Daniel

Stuttgart, Germany

Fred

Germany

Elly

Woudrichem, United Kingdom

Wendy

Los Angeles, United States

JT

John Tabacchi

United States

AS

Asa Svensson

Stockholm, Sweden

AH

Adam Hill

United States

G

GS2

Germany

Akirahugo

Dortmund, Germany

Paul Smithson

Leeds, United Kingdom

Carlo Cruz

Cincinnati, OH, United States

Tam Thao Nathan

United States

Paul Buchheit

Mountain View, United States

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