Wholesale purchase of stock to my business
Jared
Nyamira, Kenya
100% repaid
Entrepreneur
Name
Jared
Member since
July 2016
On-time repayments
206 installments • 50%
About Me
To say little about me is that am Jared Mogendi am sixth born of 8 siblings Lost my dad on 2012 . . We were born many siblings thus we grew with a lot of challenges in education , food and other basic necessities is concerned in our lives as my parents were not employed and depended on subsistence farming to get food and sale some to get money for clothes, food and education. It has been a long way for me but i have struggled until where i am today. And Thank God for that. I am diploma holder in community development , certificate holder in computer science.I founded amazing smile children's centre a project which supports orphans and children from poor families. Coming from a family of eight with meager resources, food and other basic needs, i passed a lot through hardship and am seeing how many kids from poor families are wasted and orphans neglected in the community. I am also a manager of softnet technologies which runs two cyber in my town and this where i get money to sustain my family and also support the orphans i stated above. I love doing charity despite the fact i have little resources to support them but its the best thing one will ever do for the mankind.
My Business
My business is entirely on giving internet services to my clients and other computer related services e.g photo printing, printing, scanning, online services etc. when I started the business a borrowed money and my personal savings. I get between 200 dollars to 300 dollars a month as a my profits and split them to pay rent to my business and house, pay electricity and water, pay school fees and educational materials for my daughter and a niece who support academical, food and shelter. feed my family and the remaining bring it to the business and lastly support the charity project of supporting orphans and vulnerable children in my community(Education, shelter, food and clothing).. I depend very much the loan you give me as it will boost my business and help many who depend non the business.I am still missing a photocopier ...its very expensive to me to buy but if I manage to get one my business will be in good position to increase profits significantly.
Loan Proposal
With the increase and demand of services from clients, I wish to extend my services to the next level . I want to stock more stock to sale to my clients. With the loan I will buy the following:
1. 5 boxes of photocopying papers @ 20 dollars = 100 USD
2. 20 packets of A4 photo printing papers @ 1.5USD =30 USD
3. 20 Packets of 10X10cm) photo printing papers@ 1.5 USD = 30 USD
4. 2 packets Laminating films @ 10 USD = 20 USD
5. Assorted pens,pencils, epson inks, =50USD
This loan will boost my profit from the current to between 500-700. This will enable me to pay m,y rents, pay utilities, pay fees for my daughter and same time support my orphans .
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Loan Info
Project Type
Classic Loan
Disbursed amount
$79.00
Date disbursed
Jul 5, 2018
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
Germany
Elkhart, KS, United States
Ask Jared a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Margaret Jun 6, 2018
Mary Apr 10, 2017
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