Entrepreneur
Name
Irene
Member since
February 2013
On-time repayments
68 installments • 19%
About Me
My name is Irene Kwamboka, iam from a humble family of five children where Iam the first born, my other siblings are still in school, I live in Nakuru county, in Nakuru town, near Kabachia estate in Kabachia shopping centre. I was born in Kisii district later on we moved to Nakuru together with my family.
After my high school education I continued with my studies up to vocational college where I trained information technology. later then I worked with various institutions that comprise Kodak company in kisii town in 2006, afterward I was employed by another company of selling cement as a cashier, I worked till 2008 September, then later I decided to open my business I had saved enough capital to start one.
IN 2008 November till December I secured a nice room in Nakuru town where I was to start stocking stationary i.e. office supplies, writing material. I also engaged in computer work (I.T) i.e. Photocopying, printing cyber etc.
The reasons I started my own business is to avoid a lot of inconvenience, also I could not be able to take care of my family with employed salary. Also wanted to work at my own base.
My Business
My business mainly deals with supply of stationeries, writing materials, selling of refreshment.ie sodas, snacks, mineral water etc. I like my business so much because in some case I met new people in the course of the day.
In a week at least every day I do purchase some drinks snacks and mineral water because they are fast moving commodities. About stationeries I supply to various institutions like bank, schools and also DC‘s office.
In business it has its own challenges like when you find two or three people at the similar location or line with the same business. the price also comes in where by you can’t sell a commodity at higher cost you will have to adjust or sell the standard price.
In my business am the one managing sales and I know I have as much as necessary skills and the experience of marketing my business. Actually am using these skills to advance in my business.
MONTHLY TYPICAL SALE
Expenditure
Daily expenses
300
300x26
=7,800
52,000-
7,800
44,200
MONTHLYPROFIT
Daily sales
3,000 daily sales
3,000 daily sales x26
Working days
=3,000x26
78,000 monthly sales
Daily profit 2000
=2000x26
52,000
Loan Proposal
thank you zidisha for your loan though the amount is very small, i will improve my business.i will buy photocopying papers, files , envelops of all sizes, pens notebooks, binding papers, staplers, cartrages for printers, toners, worth kshs 7,500 .
to buy airtime both safaricom & zain kshs 2,500
i also need a router to supply sufficient internet to my customers.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Apr 30, 2013
Repayment status
On Time
Projected term
6 months
Other loans
Lenders
Luxembourg, Luxembourg
Cupertino, United States
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