Stock printing papers to resell

John

Nairobi Kasarni, Kenya

100% repaid

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How it Works

Entrepreneur

Name

John

Member since

March 2014

On-time repayments

288 installments • 14%

About Me

I live in Kasarani area in Nairobi, Kenya. I attended University of Nairobi and graduated with B.A Economics. I have been doing business in my life and currently running a printing shop, supplies and an mpesa as an agent. I believe in business as part of my childhood dream to manage my businesses. I am now in that course of dedicating my energy and vision to gather more money in business. I like the challenges that comes with entrepreneurship and this gives me satisfaction once I win. I plough back the profit I get into the business.

My Business

I run a printing shop and general stationery supplies and an mpesa agent. I am situated next to a college where there is a good traffic of students as well as other people. I provide quality services that give customers the ultimate satisfaction. I have challenges from my competitors but I am able to manage that through offering good services to my customers. I do get about ksh 100,000 a month as sales with a margin of about Ksh 40,000 as profit. My dream is to grow the business through product diversification to woo more customers.

Loan Proposal

Thank you my lenders. You have trusted me and I appreciate your effort. This is 3rd loan with Zidisha that I am bidding. The last two has been a success. I hope this will start to shape my business to another level. I buy printing papers in retail at a cost of about USD 5 per rim. The wholesale price is about USD 4. I want to buy in bulk and supply to other business people in my line of business. This will create additional revenue. An addition of USD 1 per rim. I will buy about 100 rims translating to 20 cartons of printing papers. I will enjoy economies of scale, save time and create about additional USD 100 per week (about ksh 8700 per week).
This is my humble request for the loan. Kindly effect a change to my business. I will be grateful for your lending hand. Thanks.