To add more stationaries

Emmanuel

Nakuru, Kenya

9% repaid

Entrepreneur

Name

Emmanuel

Member since

June 2015

On-time repayments

108 installments  •  13%

About Me

My names is Korir Emmanul from Nakuru Kenya. I was born in Kericho county.tmy upbringing was tough as we were three of us and our parent struggled to see us through school. My goal was to have my own business this was not easy at first because i had to be employed so as to be able to raise some capital. By God’s grace I joined a computer college and did computer packages. In the computer college I got a friend who connected me with her friend who had a cyber, I got a job in the cyber café and worked there for two years. While working in the cyber café,i got the experience even though it was difficult for me to save because the salary was not to my expectation.By the time my contract was over i had little savings,that s when it hit me that i had to seek other ways of raising my capital.I approached a friends who had three extra desktop computer at home and he accepted to sell it to me later i acquired a second hand printer and that s how start. so am continue with my business smoothy

My Business

plot no180 Tugen farm heading to Wakimondo house no 2007 in Nakuru town west ,My business is located in Kaptembwa area near kapembwa primary school opposite Mugeso house 2001.I started operating my business in the year 2012 with a capital of USD 210.My business deals with printing, typesetting and photocopy . The business is licensed and issued with a single business permit(annual license). In a day i can serve more than 210 different customers mainly of photocopy services because i enjoy monopoly as other computer services are far away. In a clean month i can make profit of upto sales of $ 110 after i have added more stock ,paid rent and electricity bill.
In a way of the zidisha microfinance supporting my business,i will be able to make good profits which will sustain my family living standards and also i will move to a permanent building and expand my business.Thank you Zidisha team

Loan Proposal

In i get this money i will use to add more stationaries to my a cybercafe, I have seen a need to bring stationary in my stock because students in this area are going through hardship to access them. They have to walk a very long distance to buy them at an expensive cost.
I intend to buy both writing and reading materials;
1. Writing Books $19.44
2. Reading Book $29.16
3. Mathematical Sets $9.72
4. Pencils $4.86
5. Pens $4.86
6. Clipboards $9.72
7. Scientific Calculators $38.88
I intend to sell the items at an affordable prices which will also give a good profit from 30-50%. It will enable me to pay the loan in time and also help add more stock to my business. Thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$97.00

Date disbursed

Oct 29, 2015

Repayment status

Late

Projected term

22 months

Other loans

Lenders

Aran Dunlop

United States

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