Add stock

Felix

Kericho, Kenya

100% repaid

Entrepreneur

Name

Felix

Member since

August 2016

On-time repayments

42 installments  •  48%

About Me

I am a kenya Male from The Luo tribe (the community has a unique culture since they don't circumcise men but remove six lower teeth as an initiation process) from Siaya County and went through my formal Education form Nursery to Secondary in the before moving to Nairobi for college education.
While in college a tried various business to facilitate me through college i sold cereals,Water cans and airtime. i later relocated to Nakuru where i got some employment as an Accounts clerk with the employment i Started a boutique business and cereals shop in Kaptembwa Nakuru West but failed due to lack of direct supervision.I later started a Photocopy and printing bureaus and stationery shop in Kericho.The business is easy to monitor and there is increased demand for services i provide. I have 3 children two girls and a boy.Aged 6 years,3years and 9 Months my children are interested in science and skill based careers with preference to being an Vet Doctor or researcher.I swim and play football.

My Business

Having previous experience in business 3 years ago i started a Photocopy and printing bureaus shop where i stock various stationery materials in Kericho but plan to open another branch in Siaya.We offer bulk photocopy and printing services and stock general office stationery.The goods and services are in demand due to increase of Private schools ,Colleges and Universities also devolve government offices in the counties in increase demand for my service and stock.The business is easy to monitor more avenues to make sales.( Direct sales and tendering for suppliers)Typical business costs i incur are wages for one casual.Rent,Power,and transport.Income is generated through services of photocopy and printing and sale of stationery.The profit i get is reinvested in the business and also diversify market,educate my children and self sustenance,then save a potion.I support my business capitalization through my employment income as an accountant.

Loan Proposal

The loan been an entry point to Zidisha programme i intend to use the amount offered to purchase a rim of printing papers to assist in generating more business revenue.
A rim of Paper has 500 sheet. For an example Identity Cards will cost 10 Ksh, a normal Black and white print our copies will cost Ksh3 while Coloured Copies will cost 7.
On average a each sheet will generate about Ksh7.5 multiplied by 450 sheets.
The a rim will generate around 3,375 gross with 50 sheet been provision for spoilt or defaced sheet.
The location been a high students and business traffic location the target are attainable.

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$6.00

Date disbursed

Sep 16, 2017

Repayment status

On Time

Projected term

3 weeks

Lenders

Lex Moen

Netherlands

Ask Felix a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...