Shop equipments

Richard

Sotik, Kenya

100% repaid

Entrepreneur

Name

Richard

Member since

August 2015

On-time repayments

188 installments  •  80%

About Me

I am seventh born child with 3 sisters and 6 brothers but fro a humble family.
Our family come from Ndorobo namely the Ogiek who lived on hunting and gathering of honey.
Out 9 siblings two managed to go to school with a struggle( last born and I)
I went through curriculum 7:4:2:4
but after the Form 4 went to college and took a course in Certificate in General Agriculture 1988/90 completed but didn't managed to secure a formal job.
I did some farming engaged in Maize ,Beans, Brasicus and Pyrethrum growing as cash crop before venturing in the entrepreneurs where I self employed engaged in mitumba sales and finally open a Stationery shop where I am still doing it to date

My Business

My Stationery Shop is a registered business namely STAGGE COMMUNICATION dealing with Office stationery, Printing services, Photocopying, Binding and Lamination service.
Starting capital came from the previous work in the farm and mitumba business which I upgraded to a Stationery shop.
The business shop grew gradually because items required so much funds. Went to lending institutions where business drug so much for apart looking for funds to buying stocks I could make funds for loan repayment.
Today the business is almost at break even phenomena and I thank the Zidisha firm for their loan is pocket friendly with little interest
I have left all other lenders and stick to Zidisha firm for better performance and enhance better gross margins.

Loan Proposal

The loan applied will be used to buy the following:
1. Printer - 7000/-
2. Laminator -5000/-
3. Binding machine-3500/-
4. Printing papers -7500/-
5.Add stocks on Envelopes 5000/-
6.Embossed papers 3500/-
7. Binding films- 2000/-
8. Binding spirals-2000/-
The above exceed the loan applied, therefore the difference will be topped up with existing business cash flows.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$298.00

Date disbursed

Dec 21, 2015

Repayment status

On Time

Projected term

7 months

Lenders

johnandmoliehi

Canton, New York, United States

L

loistf

Madrid, Spain

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Summary

Amount repaid

$313.24

Amount remaining

$0.00

Date repaid

Aug 5, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jan 1, 2016 $10.00 Jan 2, 2016 $10.00
Jan 8, 2016 $10.00 Jan 11, 2016 $10.00
Jan 15, 2016 $10.00 Jan 16, 2016 $10.00
Jan 22, 2016 $10.00 Jan 23, 2016 $10.00
Jan 29, 2016 $10.00 Feb 2, 2016 $10.00
Feb 5, 2016 $10.00 Feb 5, 2016 $10.00
Feb 12, 2016 $10.00 Feb 15, 2016 $10.00
Feb 19, 2016 $10.00 Feb 23, 2016 $10.00
Feb 26, 2016 $10.00 Feb 26, 2016 $10.00
Mar 4, 2016 $10.00 Mar 5, 2016 $10.00
Mar 11, 2016 $10.00 Mar 11, 2016 $10.00
Mar 18, 2016 $10.00 Mar 18, 2016 $10.00
Mar 25, 2016 $10.00 Apr 1, 2016 $10.00
Apr 1, 2016 $10.00 Apr 8, 2016 $10.00
Apr 8, 2016 $10.00 Apr 18, 2016 $10.00
Apr 15, 2016 $10.00 Apr 26, 2016 $10.00
Apr 22, 2016 $10.00 Apr 30, 2016 $10.00
Apr 29, 2016 $10.00 May 7, 2016 $10.00
May 6, 2016 $10.00 May 21, 2016 $10.00
May 13, 2016 $10.00 Jun 4, 2016 $10.00
May 20, 2016 $10.00 Jun 4, 2016 $10.00
May 27, 2016 $10.00 Jun 4, 2016 $10.00
Jun 3, 2016 $10.00 Jun 4, 2016 $10.00
Jun 10, 2016 $10.00 Jun 10, 2016 $10.00
Jun 17, 2016 $10.00 Jun 16, 2016 $10.00
Jun 24, 2016 $10.00 Jun 24, 2016 $10.00
Jul 1, 2016 $10.00 Jun 28, 2016 $6.00
Jul 6, 2016 $4.00
Jul 8, 2016 $10.00 Jul 7, 2016 $10.00
Jul 15, 2016 $10.00 Jul 15, 2016 $10.00
Jul 22, 2016 $10.00 Jul 23, 2016 $10.00
Jul 29, 2016 $10.00 Jul 29, 2016 $10.00
Aug 5, 2016 $3.24 Aug 5, 2016 $3.24

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