Supply of basic school learning materials
Gilbert
Nakuru Shauri Yako Estate, Kenya
100% repaid
Entrepreneur
Name
Gilbert
Member since
January 2014
On-time repayments
103 installments • 91%
About Me
I am a Kenyan male aged 42years currently residing in Kivumbini, Nakuru.
I am married and i have a son.
I have a small shop within town and I supply general office stationery to individuals and at times schools.
I was in formal employment for a period of over ten years and after gathering the requisite experience, knowledge and with a small capital I started my own business.
I use the money generated from my business to grow the business as well as cater for my family's needs as I am the sole bread winner.
As well as take care of my family's day to day needs i use the money to fund my wives education at the campus and my sons education.
My Business
owing to the rate at which Nakuru and its environs are growing i require extra funding to enable me to expand my business to other towns and to also add on the stock i have.
i supply general school and office stationery i.e. Photocopy papers, computer cartridges, pens, laminators, toners, shredders, text books,etc.
I offer door to door delivery services for goods bought from me versus my competition who do not offer delivery services. My products are genuine as they are sourced from reputable suppliers as I believe in customer satisfaction.currently i have visited anear by highschool which stated not long ago and they have given me an order to supply scientific calculators ,set books for literature lessons(english) and fasihi(kiswahili) lessons and also want to stock more of the same in my shop becouse they are fast moving items so far and they are amust to any student in high schools with the kenyan education curriculum.
Loan Proposal
since the schools opened this year i had done marketing of my business and one of the high school near my place has given me an order for 18 pieces of scientific calculators ,several set books both in English and Kiswahili languages .i will use 133.691us dollars to purchase the calculator at the cost of 7.24158 us dollars each and the balance of 11.409 us dollars on text books .because am getting the materials direct from reputable suppliers they are offering me nice cash discount thus this is a boost to my business in terms of adding more stock from the profit that i will gain and i will be able to provide good services to my other clients too.i expect my profits to multiply by 3 times because currently as it is the government is the one controlling the prices on text books through the ministry of education and the school board has promised to offer me more work as they are still admitting more students .
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Loan Info
Project Type
Classic Loan
Disbursed amount
$244.00
Date disbursed
Feb 9, 2015
Repayment status
On Time
Projected term
12 months
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