Stock for my bookshop

Eric Nditu

Thika, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Eric Nditu

Member since

February 2015

On-time repayments

337 installments • 51%

About Me

I managed to attend Gaichanjiru primary school, Mwangaza High school and Excel institute and done Certified public Accountant of Kenya (CPAK). My business Deals with education items.The unique thing about me am hardwoking man. my hobby is to make new friends,help poor.
When i was in college i started a small shop of selling books, pens then later i expand my business into bookshop.
The unique this on my country they value education so much therefore making education items have higher demand. Even in our tribe are well know of sheer hardwork.
My children want to be a pilot when they grow up.
The unique thing about me am hardwoking man. my hobby is to make new friends,help poor.

My Business

The items i started with were pens,books and other stationary.
I wish also to expand my business by opening a new bookshop in different area and also adding an Mpesa shop. In the area there is higher demand of books and also for Mpesa shop.
I choose this kind of business since it has higher profit and goods are not perishable.
My business ranges 15000 to16000 per day and expenses 3000 to 4000 per day. I wish to add an m-pesa shop to expand my business. In wish also to open a new book shop in different area.
The profits will help to expand my business and also to invest in capital shares. It will also help me in up bringing of my family.

Loan Proposal

My business has picked up well over the months and I have already break-even and enjoying the proceeds. I would like to add more stock to my business that is books,pens,office stationary,files. These items will add up to 190usd (ksh19108).
This will help to meet my customer need who have increase. it will also help my business to grow 3 time than before. my profit will increase up to 3000ksh. I will be very grateful if my lenders give me this chance of expanding my business further. thank you in advance.