Stock printing papers to resell

John

Nairobi Kasarni, Kenya

100% repaid

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.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$407.00

Date disbursed

Jul 21, 2014

Repayment status

On Time

Projected term

69 months

Lenders

G

GalantnostS

Hong Kong, Hong Kong

Sideburnjack

Conroe, TX, United States

valentin

Stockholm, Sweden

tycho

Madison, WI, United States

D

dkapplerb

Toronto, Canada

AdamP

Sunnyvale, United States

E

erozlum

Istanbul, Turkey

J

jjonas

berlin, Germany

kickerofelves

Sao Paulo, Brazil

ads68

Melbourne, Australia

M

mkellerman

Shanghai, China

fairspirit

Utrecht, Netherlands

davidt

San Francisco, United States

calvero

Bergen, Norway

JTShorty

Gorham, Maine, United States

Zal0m0n

Atlantis!!!! x), Mauritania

Sarasota

Sarasota, Fl, United States

Matthieu

Switzerland, France

xtrahardware

Cazenovia, United States

markpearson

Portsmouth, United Kingdom

pvilliger

Zurich, Switzerland

Matching Fund

Sterling, United States

Vesa

Helsinki, Finland

Loungin

United States

Mikers

Netherlands

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