Inventory of paper, pens, pencils for stationary shop

Fredrick

Nkoroi, Kenya

100% repaid

Entrepreneur

Name

Fredrick

Member since

July 2013

On-time repayments

228 installments  •  54%

About Me

am 33 years old in a family of 7 thats is i have 4 brothers and 1 sister .i live in Rongai in nkoroi location.I also work as an IT supervisor in a company called KCT,am pursuing my Undergraduate degree at St Pauls University am taking Bachelor of Business Information Technology,a year ago i bought a cow that now am selling milk to my neighbors to boost my monthly income that i get from the company i work for.
As i had written earlier i live in Ongata Rongai in Nkoroi location,alight at a stage called Kamura,on your right walk close to 100 meters pass Kunoni Education Center,there is an electricity transformer on your right side the post called Mary Lane skip two houses on the third with a brown gate house NO.3.

My Business

Hello lenders,first of all i would like to thank you for your support it has been long journey and benefical journey with Zidisha organisation.This is my fifth loan with you guys and i can assure you it has helped me in my social economic life,i was able to open a stationery shop which has been doing very well,by selling printing papers,ink catridges am able to serve instituition around me,like there are 2 schools close to me,one is public and the other private,there is a 4 star hotel near me called the smith and bringing such commodities near them has easen the burden of traveling far to but printing papers and office accessories.
with the next loan i intend to go a little bit further by buying computer for internet surfing and also be able to rebland invoice and purchase order books in the name of client.I also intend to make the local community access internet at a cheaper price so that the young people who have cleared school can be able to search for jobs over the internet.
My next loan will be able to help me buy a good computer with high specs an internet router and firewall for protection,the remainder of the money i will increase my stocks thats is printing papers,ink catridges, toners,paper clips,folders,invoice books,purchase order book.i thank you in advance for your support.

Loan Proposal

When i get this loan i intend to expand my stationery business buy more office stationery i.e. printing papers, ink cartridges, pencils, pens. I know this business will grow after doing my survey and i realized there are no other stationery businesses in my area and there are schools and office around, so buying things like writing books, pen, ink pad, printing papers. I also intend to buy another fast Hp or Epson printer since customers have started coming in wanting some jobs being printed for them.
One of the benefits is that i able to create employment because i have already employed one young man who is always there managing at the shop. My intention is when the business grows i expand to a cyber cafe, i will buy a one computer at a time until i have 10 of them.one computer is at least 400 $,but i will save until i get one and the loan help from Zidisha group lenders will help me reach that goal fast.
I would like once again to say thanks again in advance; i can attest i have successfully succeeded from 2 previous loans from this community, growing from cattle farming to opening a stationery shop. There is no other loan facility group that has been able to bring service close to the people like Zidisha, people are growing and leaving poverty behind.
On behalf of all the people who have received financial help and benefited from it, i salute and say keep on doing the good work.

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$179.00

Date disbursed

Jun 13, 2015

Repayment status

On Time

Projected term

21 months

Lenders

N

nani

austin, United States

investor

Candiac, Canada

E

erozlum

Istanbul, Turkey

DeanDropshot

Oslo, Norway

F

faical

Cologne, Germany

F

fisaire

Ithaca, United States

G

grahamfamily

Guildford, United Kingdom

T

tonilends

catalonia is not:, Spain

athomas

Chevy Chase, United States

D

Dadiolafs

Vestmannaeyjar, Iceland

P

penguin3694

Chicago, United States

D

DThirteen

Miami, United States

Bruno

São Paulo, Brazil

M

mkellerman

Shanghai, China

M

memorissima

milano, Italy

fairspirit

Utrecht, Netherlands

bycyt

Whitefish, United States

L

LindsayB

Sydney, Australia

K

kjustad

Asker, Norway

neocodesoftware

vancouver, Canada

isabelv

Barcelona, Spain, Sweden

greensheep

Jakarta, Indonesia

Zal0m0n

Atlantis!!!! x), Mauritania

Lambie

Perth, Australia

Matthieu

Switzerland, France

xtrahardware

Cazenovia, United States

E

E

Marin county, United States

H

Haavard

Bergen, Norway

JulianHF

London, United Kingdom

G

GanSatya

United States

pvilliger

Zurich, Switzerland

G

gbelote

United States

D

drorm

United States

S

spivurno

United States

M

meric

Australia

Paul Buchheit

Mountain View, United States

bcortazar

Peckville, United States

M

Michi

Switzerland

Pankratio

EastVan, Canada

K

Karpet

Faroe Islands

joshuacollinson

Vienna, Austria

J

jbhernan

United States

A

Arkad

United States

TyWee

Manila, Philippines

S

SaraNT

United States

SV

sven vdk

Twickenham, United Kingdom

M

M.Umar

Pakistan

melissapmeier

United States

S

Stephan

Netherlands

AP

Andrew Page

United Kingdom

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

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  • Fredrick    Nov 24, 2016

    i would really love that you lenders for giving me this loan i,i intend to buy a new hp computer and a router switch to open a good cyber cafe and i will honor my pledge and promise to pay back,thanks in advance.

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  • Fredrick    Nov 24, 2016

    thanks for this opportunity to thank lenders,you have been helpful i opened a stationery shop which has one employee and the growth seems to be okay i can employee another person one the cyber business takes off creating more job opportunity and this help my community grow,rather than having young people who have cleared school idling around with a cyber they can have a place to come and pass there time learn,look for employement and for those in colleges research and the same time since am charging a fee my business will grow and am able to pay back my loan on time.

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  • Fredrick    Sep 19, 2016

    I will always thank God for Zidisha Microfinance,you accord the community the help they need,keep on doing the good work.

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  • Fredrick    Feb 7, 2016

    dear lenders,
    i would like to thank you for help,my business is growing,i was able to add more stocks in terms of printing papers,pencils,pens and books for school kids.Now am able to add new stock and am realising some profit margin even as the year begins.
    thanks you.

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  • Fredrick    Jun 13, 2015

    Hey lenders just want to say the loan has been disbursed and now am ready to buy stocks, and the work continues,thanks a lot.

    with regards fred

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  • Fredrick    Jun 12, 2015

    I always thank God for Zidisha Microfinance,you accord the community the help they need,keep on with the good work.

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  • Fredrick    May 31, 2015

    Hi i would really like to thank the Zidisha group plus my lenders for this opportunities that you have offered us,i have grown tremendously ,my cow business has improved for the past 6 months and especially when I bought the freezer milk.There was a time milk would spoil if it stayed a whole day without being bought but after the freezer I was able to store milk for 24 hours without fear.Now it a rainy season, so no issue with Napier grass for cows, the money I have been getting has helped me fund my education and i will be graduating with a Bachelor of Business Information Technology at St Pauls University next year October.Am so excited!!
    This new loan am taking now want to add new stocks as ini want to buy more printing papers and ink cartridges for HP printers and Epson printer on my stationery shop that i opened early this year my purpose and goal is to expand it and open a cyber cafe with more than 10 computers, as i have been helped by lenders in Zidisha group I also intend to help young people from my community by creating employment to others. I intend to employ more than 2 people to help manage the stationery and cyber cafe. Thus creating employment
    i just want to say thank you in advance and may God bless you.

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  • Scott    May 29, 2015

    Awesome work Fredrick! Very impressed with all you are doing.

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  • Fredrick    May 28, 2015

    Thank you for your financial help the loan helped tremendously,i bought a freezer which has helped preserve my milk so there has been no loses in terms of milk spoiling.My customer have not been disappointed.Actually now am comfortable paying the remaining amount fully.
    thanks you.

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  • Fredrick    May 27, 2015

    Dear lenders
    Once again i would like to give thanks for the help you have provided me,for financing my dairy farming business,it would not have worked if i had not received financial help,thank you so much,milk business has been and am thinking of expanding into new territory,my education is also on progress and by next year October i will be graduating with a Bachelor of Business Information Technology.thanks again

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  • Fredrick    Apr 21, 2015

    Dear lenders
    Am writing to give thanks for the loan i received,i was able to buy the freezer.The issue of milk getting spoiled is something of the past,i am able to sell my milk and the money i received has enabled me to finance my education and am almost through with my degree,i really appreciate the help you offer to the communities,may God bless you.
    with regards,
    FRED

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  • Fredrick    May 22, 2014

    dear lenders,
    as earlier promised,i am just increasing my repayments which should start as from tomorrow.my milk production from the dairy is increasing due improved food production as rains started for the last 2 months.
    also i have ensured the loan was utilized ell and bought also dairy meals which has done very well.
    i hope that these message finds you well.
    With regards,
    FRED.

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  • bconrad    Apr 22, 2014

    Dear Lenders,

    A data entry error was made when entering Mr. Mugo's payment on April 13th. Upon removal of the incorrect amount ($5.82), you may receive a notice of a negative payment being made, and see your funds decrease accordingly. We apologize for this error and inconvenience!

    Best,
    Bayle, Zidisha Team

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  • Fredrick    Apr 21, 2014

    HI!First and for most i would like to thank this organization for the support they are giving as to improve our livelihood,the help has been good and forthcoming and i really appreciate the teamwork. My business has been doing well i would like to reschedule my loan to pay in two installments.
    Thank you.

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  • Fredrick    Sep 13, 2013

    The money i received from Zidisha has helped me increase my cow from 1 to 2.Although its a calf i believe with time i will be able to feed it and in an years time it will producing milk.therefore increasing my milk production.The remainder helped me buy feed for the cows and i can assure you there is progress in my development.Am grateful for what Zidisha is doing to help young entrepreneurs to come up in business.May God bless you.

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  • Fredrick    Sep 13, 2013

    I would like to pay kenya shillings 500,on 15 th September then the rest of my monthly payment which is kenya shillings 969 pay on 22nd September 2013 of this same month.The reason being after i bought another cow,its still small i.e a calf and has not yet started to produce milk.Most of the customers that i sell milk too pay their money by 20th to 22nd therefore am guaranteed my monthly payment will be paid and will be up to date.thank you in advance for your understanding and i apologize for any inconvenience caused.

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