Stock for my bookshop

Eric Nditu

Thika, Kenya

100% repaid

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.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$192.67

Date disbursed

Oct 11, 2016

Repayment status

On Time

Projected term

8 weeks

Cost to entrepreneur

Service fee: $7.94

Lenders

T

Tmann

Los Angeles, United States

D

Delph007

Den Haag, Netherlands

cyrus0302

San Francisco, United States

O

Oliver

Geneva, Switzerland

DeanDropshot

Oslo, Norway

artnking

College Place, United States

Raoul72

Naarden, Netherlands

MarktheMormon

Sandy, Utah, United States

ScottSavage

Las Vegas, NV, United States

J

JakeA

Wellington, New Zealand

rodcul

Altea, Spain

C

cjmenchaca

Austin, United States

OliverSouthwick

London, United Kingdom

H

Halli

Bottrop, Germany

J

jdhowa2

Louisville, KY, United States

HansLindgren

Uppsala, Sweden

beverly

Vancouver, Canada

J

jjonas

berlin, Germany

F

fisaire

Ithaca, United States

T

tonilends

catalonia is not:, Spain

ProfStick

Grassy Head, Australia

indeh

London, United Kingdom

H

HildeK

Rogaland, Norway

W

wordelsue

MIDWEST, United States

Cloudways

Malta, Malta

T

the0bauman

Hillsboro, United States

B

BClay

Campbell, United States

ads68

Melbourne, Australia

M

mkellerman

Shanghai, China

JC

Jordi Cohen

New York, NY, United States

fairspirit

Utrecht, Netherlands

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Zal0m0n

Atlantis!!!! x), Mauritania

F

Forfex

Zurich, Switzerland

tonnyschonewille

Maastricht, Netherlands

Matthieu

Switzerland, France

xtrahardware

Cazenovia, United States

G

GanSatya

United States

sderickson

Berkeley, CA, United States

pvilliger

Zurich, Switzerland

W

wiwillia

Milbrae, United States

Matching Fund

Sterling, United States

M

microlender

United States

S

spivurno

United States

Paul Buchheit

Mountain View, United States

A

ajayhk

San Jose, United States

J

jbhernan

United States

P

Panda6689

United States

J

jdelaporte

United States

C

Crainster

Chapel Hill, United States

JA

Jared Anthony

CT, United States

Emma

Australia

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Benjamin Kniaz

Boston, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

Maggie Rouse

Cheyenne, Wyoming, United States

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

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