Name
John
Member since
March 2014
On-time repayments
288 installments • 14%
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.
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.
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.
Positive
4
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$407.00
Date disbursed
Jul 21, 2014
Repayment status
On Time
Projected term
69 months
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