Buying and selling school stationery

Ann

Nyeri, Kenya

100% repaid

Entrepreneur

Name

Ann

Member since

July 2017

On-time repayments

223 installments  •  70%

About Me

I was born and brought up within the nyeri vicinity and my education started at Village level up college level where i did an marketing and sales certificate course .
Due to lack of employment opportunities readily available i decided to start an Enterprise of stationery buying and selling. I am also a market products of cosmetics company where i receive commission on promotion and improving sales in our region
I have now changed to a saloon business venturing well.
Best regards

My Business

I Normally deal with saloon work for now and cosmetics and more to that am in Agribusiness to cater for the Family . Previously I have been dealing with stationery work on distribution of exam materials due to covid 19 so many schools and associates in religion closed down their businesses and I was forced to stay at home. Previously I had gone to Hair dressing and beauty college so I thought of utilizing my skills learnt in school and opened up a saloon business and got support from family members with initial start up Machines and I was ready to go. The business have ventured a number of customers . those customers needs some Services which I have skills but I don’t have the Equipment which if funded they will cater up to at least 70% of the customers needs. The initial cost to buy items will be 65% purchase price on the base limit of service will be 15 % per every customer therefore I will realize the initial cost minimal margin if I get 5 customers [75%] therefore when I deduct my expense on feeding family. I also save for my daughter schooling and clothing.
Best regards

Loan Proposal

I will use the money to buy tender for supply of school items for the school opening next year 2018 and stock anticipating to supply the materials and if God wishes i will buy a machine for spiral binding exams to promote my sales by selling past papers.
Acquiring the item and the stationery ordered and payment made i will pay back to Zidisha and the profit i will cater for my family needs .
Am expecting the business to increase its sales by 10% to make me set the goal to 58% . i want to reap the benefits of employing my self [self employment] .
Best regards

My Videos

Mar 3, 2021: Business confirmation to current saloonventure

Feedback

2

None

None

  • Joshi    Jan 22, 2019

    Ann has been a great borrower. Would be glad to contribute again to her loans.

    Log in to reply • Share
  • Joshi    Nov 12, 2018

    Prompt payments. Good feedback.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$108.00

Date disbursed

Jan 2, 2018

Repayment status

On Time

Projected term

6 months

Lenders

Martin

Manama, Bahrain

Lotus Flower

United States

Vratik Krocik

Prague, Czech Republic

Paul Buchheit

Mountain View, United States

Joshi

United States

L

Lisa

United States

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