Renovating and adding stock to my printing shop

Salome Karanja

Kericho, Kenya

100% repaid

Entrepreneur

Name

Salome Karanja

Member since

July 2015

On-time repayments

286 installments  •  89%

About Me

I grew up knowing that I am a winner, even if things and present circumstances don't justify me. I justify myself. School fees have been tricky to raise, both for myself and my siblings. My parents had to struggle a lot to raise school fees and I was in and out of school most of the time. From then, I promised myself I will work hard and conquer all obstacles. I did my CPA and was employed in a audit firm. From there, I thought of venturing into a business which will help me raise more funds to join campus. I started a photocopy and printing shop. For the 1st 3 months, the business was so challenging because I had to buy stock and pay business rent from my salary which was too little. But, I didn't give up because I knew at the end the business would be competitive because there are few photocopy businesses around the area and a lot of colleges and university are coming up.

People around value education, grades and later a good job. But I want a different culture, where children grow up to create jobs and avenues.

I like socializing with people and this helps me get a lot of clients. Also, my hobbies are swimming and singing.

My Business

I offer computer services, photocopies and printing. I decided to offer the services because, personally, that is my profession. The goods are in high demand mostly to the students and the place I located it there were no such services. I use my proceeds to reinvest back into the business

I got a lot of knowledge now on the business plus I have more clients who do photocopies and printing. I manage to get $50.00 every week and it helps me to grow my business.

Loan Proposal

I will use part of the loan to redesign my shop, buy five buckets of azer blue paint (oil) which will cost me $150, hire a painter to paint the shop which will also cost $50. This is going to change the appearance of my shop which will attract people to come to my shop. I will also add some more stock which will cost me $150. The proceeds from my business will be reinvested back into the business.

Show original English  

About Me

I grew up knowing that I am a winner, even if things and present circumstances don't justify me. I justify myself. School fees have been tricky to raise, both for myself and siblings.my parents had to struggle a lot to raise school fees and i was in and out of school most of the time .from then i promised myself i will work hard and conquer all obstacles i did my CPA and was employed in a audit firm.from there i thought of venturing into a business which will help me raise more funds to join campus .i started a photocopy and printing job ,for the 1st 3 months the business was so challenging because i had to buy stock and pay business rent from my salary which was too little but i dint give up because i knew at the end the business will be competitive because there are few photocopy business around the area and a lot of colleges and university are coming up.

People around value education, grades and later a good job. But I want a different culture, where children grow up to create jobs and avenues .

I like socializing with people and this helps me get a lot of clients.I also .my hobbies are swimming and singing

My Business

I offer computer services ,photocopies and printing i decided to offer the services because personally that is my profession the goods are on high demand mostly to the student and the place i located it were no such services.i use my proceeds to reinvest back to the business

i got a lot of knowledge now on the business plus I have more clients who do photocopies and printing . I manage to get $50.00 dollars every week and it helps me to grow my business

Loan Proposal

I will use part of the loan redesign my shop ,buy five buckets of azer blue paint (oil) which will cost me $150 ,hire a painter to paint the shop which will also cost $50
and is going to change the appearance of my shop which will attract people to come to my shop i will also add some few stocks which is photocopy papers that will cost me $150.(33 reams of photocopy papers at 45$ each ) The proceeds from my business will be reinvested back to the business

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$304.01

Date disbursed

Mar 6, 2017

Repayment status

On Time

Projected term

35 months

Cost to entrepreneur

Service fee: $12.84

Lenders

SKWAW

SHANTY BAY, ONTARIO, Canada

MarktheMormon

Sandy, Utah, United States

ads68

Melbourne, Australia

Atheist4good

United States

Richard Griebe

La Jolla, United States

dlpringle

Denver, United States

R

rossgarlick

United States

Paul Buchheit

Mountain View, United States

D

DStateDDB

United States

Alberto Cereser

Copenhagen, Denmark

E

erica

antwerpen, Belgium

V

Vivek

Arlington, VA, United States

PG

Paul Graham

United States

N

Nick

United States

JO

Johan O

Borlänge, Sweden

Ren

Minneapolis/StPaul, United States

Craig Newmark

United States

WS

Warren Shen

United States

Humble Bundle Community

San Francisco, United States

K

Kyle

Durban, United Kingdom

A

Anonymous

United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

BS

Brooke Schreier Ganz

Mill Valley, California, United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

A

Anonymous

United States

Carrie

Arlington, MA, United States

Ask Salome a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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