Buying photocopying papers

Emmanuel

Kibabii, Kenya

100% repaid

Entrepreneur

Name

Emmanuel

Member since

February 2016

On-time repayments

224 installments  •  16%

About Me

I thank zidisha for accepting me to join the Zidisha family. My names is Emmanuel and I am the third born son of Mr. Evans Wanyala and Mr.Dorcus Agunda. I went to nyatego primary school and then went to Kimilii boys secondary school ,and I am currently studying Business administration at western based Masinde muliro university.
I started my business to help me cater for my college expenses since my parents could not afford. I always wanted to photocopying and printing because it the customers were so many but I did not have capital. I finally got a loan from Higher Education Loans Board (HELB) that I used to buy a photocopier and printer. I have now opened the shop and growing the business.
I play soccer during my free time and also watch soccer during my free time.

My Business

I provide ,type setting , printing and photocopying services in my rented room outside the college.
The demand for my services is high because I always market my business to comrades and socialize with them,give them fair prices and give credit to frequent customers.
I choose these business because it was easy to manage while studying. my monthly typical costs are $200 per month and my monthly revenues are $400 per month.
I use my profits to pay for my university fees,take care of basics needs and save for reinvestment.

Loan Proposal

Good morning dear lenders. I am kindly asking you to facilitate me so that I can buy photocopying papers for my business in bulk ,these will help me enjoy economies of scale since I will save $60-$80 per month. Thank you

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Feb 23, 2016

Repayment status

On Time

Projected term

24 months

Other loans

Lenders

The Zinc Team

San Francisco, United States

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  • Emmanuel    Aug 2, 2016

    I have been sick please add me more , but will pay my loan on timethank you

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  • Emmanuel    Jul 31, 2016

    due to my sickeness I beg to reduce my rates

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  • Emmanuel    Jul 15, 2016

    thanks lenders.God bless you

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  • Matt B    Jun 25, 2016

    Emmanuel - I hope you manage to raise the full amount. Best wishes for your business.

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  • Emmanuel    Jun 17, 2016

    Thank you lenders,I bought photocopying papers in bulk and enjoyed economies of scale hence making good profits.

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  • Emmanuel    Mar 18, 2016

    hello lenders,I hope you are fine. I have had problems with my mpesa line which I sorted out and made payments.

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