Stock building loan

Martin

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Martin

Member since

June 2015

On-time repayments

12 installments  •  50%

About Me

My Name is Martin Onyango Siguda, Kenyan citizen by birth. Following the death of my father leaving me at the age of 5years, I grew in the hands of single parenthood which saw me through to my secondary education (High School). In the family of 8, I was the 5th born.
It was immediately after high school that it was difficult to continue with my tertiary education when I started looking for job opportunities in an effort to become self-reliant and even be able to support my other siblings. Through this, I initiated a community based organization with the main focus on environmental management in enhancing social development. This was motivated by the dilapidated status of the environment and the high rate of environmental depletion by increased level of rural-urban migration. Through the CBO activities, partnerships saw me join one of the local Universities to pursue Community Health and Development. Unfortunately this went only to the diploma level and for quite a while now the desire to accomplish my career goal has not been accomplished.
It was also through the partnerships that I got exposed to work with various Civil Society Organizations. My experience in working with the civil society organizations has so far further exposed me to, increasing demand of services which in a greater extent prompted me into becoming an entrepreneur. In the service industry as an entrepreneur, I noticed a lot of opportunities in Design work, printing and supply of stationery. In this regard, I have registered my business and currently I have an operational office where offer the services to our clients. Fortunate/unfortunately enough, considering the short time kind of contracts with the civil society organizations I wasn’t able to accumulate sufficient capital base for the business hence I started with the little I had since I was being driven by the passion of filling the gap which I noticed was widening with the devolution process which is on course in our country. In my business, we are a beneficiary of Zidisha Loan which really so us improve in our service delivery and we strongly believe that the initiated partnership with Zidisha should be built upon and has the potential of taking us to greater heights in business. Much thanks to Zidisha team.

My Business

My business name is PEMATONYE Enterprises.
PEMATONYE ENTERPRISES was formed in 2012 with a broad vision of being a leading enterprise in the provision of first class Design, Printing, Stationary Supplies to our esteemed clients within the Western Kenya Region.
Since inception, the company sets it goals at providing personalized service which ensures that we:-
• Understand clearly our customers’ requirements.
• Provide accurate information.
• Respond quickly to requests and offer cost effective price.
• Deliver a consistent level of services and assist customers with a pleasant attitude.
• Resolves disputes and errors in timely manners.
Pematonye Enterprises strives to provide a complete service in all aspects of Printing Services, Stationary/ General Supplies and Consultancy services.
In today's competitive and commercial environment, where business is conducted globally at high speeds, we intend to heavily invest in information technology and also have in place personnel who have knowledge in Information technology to help our clients via Email. We envision a work environment whereby our clients don’t need to come physically to the office but can be assisted online via email or just call and be responded to as quickly as possible.
Mission Statement
Providing exceptional services in regard to printing, consultancy and general supplies to our clients in satisfying their needs.
We are customer focused, customer driven and strive passionately to provide an excellent and professional level of personalized service to our clients therefore to be a leader in the service industry.
Our Capacity in printing and stationery supply
a. Printing
We design and print Business Cards, Receipt books, Letterheads, Delivery books, Invoice books, Group savings and Loaning Pass books, posters, flyers, bronchures, calendars among others based on the client’s need and clear definition
b. General Supplies Services
Having a clear mandate of ensuring customer satisfaction, we are committed to supply the needs of the clients based on clear definition and demand. In this regard, are in a capacity to supply a variety of office stationery.
Pematonye Enterprises is a beneficiary of Zidisha loan and it's impact have been seen in the bussiness. it is in this regard that we sincerely believe that the partnership can take as far bussinesswise. Thanks very much to zidisha team.

Loan Proposal

At Pematonye Enterprises, some of our main products are in the design, printing and supply of office stationary. In this regard, there is need to have adequate stock both for production of the required products or for supply as per the client's need.
When this is not well addressed, a major challenge lies in the business growth and timely delivery of products to our target clients. It is in this regard that we look forward to partner with potential partners in helping us realize our business objectives.
We believe that this journey as much we may start small, it will help us address some of this challenges since we are mainly focused in the bigger picture of the business. Overtime the loan shall be spent in bridging these gaps and we believe that with increased productivity, we shall also be enhancing our capital base as a business.

Being in the service industry, this loan would contribute towards supporting my growth through an increased growth in stock for sale and production of our products.
It will further help in strengthening our correlation with our client in enhancing our efficiency and timely delivery of our products.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Jul 9, 2015

Repayment status

On Time

Projected term

6 weeks

Other loans

Lenders

M

Markus

Hamburg, Germany

PG

Paul Graham

United States

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