Stationery supplies

Caroline Adhaya

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Caroline Adhaya

Member since

September 2014

On-time repayments

9 installments  •  44%

About Me

My name is Caroline Adhiambo Adhaya. I am the last born in a family of nine. I went upto college level and did secretarial studies. Besides business, i am also employed as a secretary in university of Nairobi, School of Law kisumu campus. I decided to do business to enable me have extra income to support my family. My goal is to go to greater heights and be a successful business woman. I live in Kisumu and its a place that is still growing and fit for business. I have three children, one girl and two boys. the girl is 13, boy 5 and last born 2yres old. My girl would wish to be a lawyer when she grows up. I love traveling and swimming during part time. I also watch movies and read novels when am relaxed at home

My Business

My business is called Lamteck stationery and it was registered in 2012 under Number BN/2012/164698. My main aim for starting this business was to earn extra income for myself to enable me support my family. I chose to deal with stationery because this is one thing i have passion for and i am familiar with it. The business is still small and i planning to grow bigger. Currently, i am supplying stationery to small shops but i have a target to start big in future i.e by trying to secure tenders in other organizations. Last year November i managed to register with youth & women. I believe through doing this i will be able to secure a tender. Currently, i make 15,000/= per month and i believe that with enough capital and more clients, i will grow bigger and become successful

Loan Proposal

I need this loan urgently because my business is expanding. I have managed to get more people to supply but i do not have enough capital to do so. The product that is needed most is photocopy paper. I supply mostly in cyber cafes where they do a lot of photocopy and in some small organizations. This money will help me add more stock and with time my business will grow larger. I have a target that by this time next year i should have secured a tender to supply one or two organizations

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Loan Info

Project Type

Classic Loan

Disbursed amount

$45.18

Date disbursed

Feb 3, 2015

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Lender interest: $45.18 at 13.67% annual rate over 2 months = $1.15

Service fee: $0.32

Lenders

Tobsoc

Hannover, Germany

P

Prometheus

Duisburg, Germany

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