Restocking my coping/printing /opening new mpesa

Purity

Meru, Kenya

12% repaid

Entrepreneur

Name

Purity

Member since

March 2015

On-time repayments

190 installments  •  68%

About Me

My name is Purity, and I am at my mid-30s, a single mother of one boy who is 6 years old. I went to school at Kianthumbi Primary School and did my KCPE in 1996, then I went to Katheri High School and did my KCSE in 2000. Then from there I got employed at a supermarket in Meru, where I worked for 6 years as a cashier.

I gave birth to my son Elvis and I stayed at home for one year to cater for my son. Thereafter I started a cosmetics shop at Katheri Market. I later noticed that there was a high demand of stationary and textbooks in our market. That's when I started that business.

The uniqueness of my land is that I was born on the slopes of Mount Kenya, and near the Mount Kenya Forest there so many game parks and game reserves around.

My son longs to be a pilot when he grows up.

My Business

I provide services such as photocopying, printing, and typing. The services are in demand since [this is the] only shop in this market, and we have many schools around.

I use my profit to pay the fees for my son and our upkeep. I also plough it back to my business. That's how I manage to add stock of textbooks. I chose this business since it's easy to run and is at a high demand. Education will always remain the main factor in our societies; therefore books will always be needed.

Loan Proposal

I will buy curriculum text books at $300,buy printing papers and catrdge ink@$200, Pay six months rent for my new shop@$300, Brand the new shop at 150 dollar, buy Mpesa line @200 dollar,add Mpesa float of $500 ,buy jewellery and cosmetics@$200 and pay licence@100 dollar. I will creat a job for another person to help Grace since i will move to new shop.i expect my profit to increase by 75% from both shops. And by the end of year iam planning to buy a piece of land and build my own premises with the profits and saving.i will also give back to community by helping the needy and creating job opportunities.

Show original English  

About Me

My name is purity at my mid 30s,a single mother of one boy 6years old,I went to school at kianthumbi primary school and did my KCPE in 1996 then gone to Katheri high school and did my KCSE in 2000,then from there i got employed in a supermarket in meru where i worked for 6years as a cashier.
I gave birth to my son Elvis and i stayed at home for one year to cater for my son,there after i start a cosmetics shop at katheri market.I later noticed that there was a high demand of a stationary and textbook in our market.thats when i started that business.
The uniqueness of my land is that am born at the slopes of mount Kenya and near the mount kenya forest there so many game parks and game reserves around.
My son longs to be a pilot when he grows up.he loves mathematis and sciences and i pray for him day and night.his hobby is playing football and dancing.

My Business

I provide service such as:photocopying,printing,typing,Mpesa services which is used by over 14 million people to send money to families and business paybills .the services are in demand since its my only shop in the market and having many schools around.
I use my profit to pay the fees for my son and our up keep,and i have also used the profits to help our community buy pipes for kathita water project.i have also donated to baby blessings and Turu childrens home ,helped my assistant Grace pay for her hospitallity course.
I also plough it back to my business.that's how I manage to add textbooks stock.
I choose this business since its easy to run and is at a high demand,Education will always remain the main factor into our societies therefore books will always be needed.

Loan Proposal

I will buy curriculum text books at $300,buy printing papers and catrdge ink@$200, Pay six months rent for my new shop@$300, Brand the new shop at 150 dollar, buy Mpesa line @200 dollar,add Mpesa float of $500 ,buy jewellery and cosmetics@$200 and pay licence@100 dollar. I will creat a job for another person to help Grace since i will move to new shop.i expect my profit to increase by 75% from both shops. And by the end of year iam planning to buy a piece of land and build my own premises with the profits and saving.i will also give back to community by helping the needy and creating job opportunities.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,586.00

Date disbursed

Jul 26, 2018

Repayment status

Late

Projected term

7 months

Lenders

Paul Buchheit

Mountain View, United States

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