Supplying paper, chalk, charts and exercise books to local school

Esther

Nairobi,kasarani Hunters Estate Jipan House, House, Kenya

100% repaid

Entrepreneur

Name

Esther

Member since

April 2014

On-time repayments

76 installments  •  38%

About Me

I am a lady , a mother of two girls.I live in kasarani area along Thika road. I am a mortgage adviser in a local bank. I have studied business administration up to bachelors level. I started a business one year ago . This deals with purchase of stationery and reselling them at a profit. The need to start a business arose due to the increasing need for more income. I am employed on contract term, therefore starting a business was the best option, in case a contract is not renewed I would still get an income to cover my needs.During my free time i enjoy reading, swimming, and walking. Zidisha sounds an interesting lender since i do not have to involve alot of parties in borrowing unlike the saccos. Thanks Zidisha for this noble idea.

My Business

My business which is one year old involves supplying stationery to retailers. currently i have two orders i supply to two private schools all the stationery. This includes books, chalks, dusters,charts and books. I have managed to get a tender from a third school which i will be supplying as from May. The loan i will get will enable me to purchase the stationery require. The loan will be repaid from the money i will get from the stock earlier supplied..The business is profitable but has some challenges, this include lack of business in low season. I intend to overcome this by starting a bookshop and an mpesa shop.This will ensure constant income.

Loan Proposal

The loan will be used to purchase stationery, chalks, charts and exercise books that are reguired by a private school. I have just got this tender to supply the stationery. I requre about 150 dollars to meet this costs. I need to supply thios loan before 6th May as the school reopens on 7th May. This tender will be of benefit tome In return I will make a profit of about 90 dollars Yhanks in advance

Feedback

2

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Apr 23, 2014

Repayment status

On Time

Projected term

5 weeks

Other loans

Lenders

E

Escalada

Bakersfield, CA, United States

A

Anonymous

United Kingdom

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  • Esther    Nov 11, 2015

    Thank you so much for your assistance, the previous loan went a long way in education. i request for more assistance with the funds to support in the last semester of my siblings education

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  • Esther    Nov 6, 2015

    my business is doing well

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  • Esther    Oct 5, 2015

    currently not able to pay the full instapment.

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  • andyfletcher    Jul 9, 2015

    Hello Esther,
    Do you have any news of Lewishemedi Momanyi yet?

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  • andyfletcher    Jun 19, 2015

    Hello Esther,
    I hope your business is going well. As the introducer of Lewishemedi Momanyi, can you please find out when he will continue making repayments on his loan? Thank you.

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  • Esther    Nov 12, 2014

    i wish to adjust my installment from 1000 to 500. this is because of some financial strains in the business. at the moment the business is operating on low season . however once the business is doing ok i will reschedule to a higher amount as i do not wish to pay hefty interests so far am grateful for the loan offer. thank you for your continued support.

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  • Esther    Aug 1, 2014

    i wish to reschedule my weekly installment, to cater for an arising need that calls for medical attention. I hereby propose to minimise my weekly installment, fro 1522 to 500. This adjustment is for a short span of time. I intend to clear my loan at the scheduled time. However, after three weeks the installment will be back to 1522. I am sorry for the inconvenience caused. Thanks

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  • jifges    Jun 6, 2014

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  • Esther    Jun 4, 2014

    so far am grateful for the funds raised be assured we shall work together in the best way possible.

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  • Esther    May 3, 2014

    i have already paid my first instal why does it not reflect?

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  • Esther    Apr 23, 2014

    Thank for the funds.

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