I will use zidisha loan to add more stock of stationery in my shop to meet the demand of my clients at the moment
Faith
Siaya, Kenya
100% repaid
Entrepreneur
Name
Faith
Member since
February 2014
On-time repayments
15 installments • 53%
About Me
My name is Faith Akinyi Ogada. I am 28 years old, a second born in the family of 6 girls. i was born and brought up in Nakuru County formerly known as Rift Valley province. I sat for my O level exams in 2006 and moved to Siaya County where i started a computer services business to date. I am a single mother of two children a boy and a girl ages 4 and two monthly respectively My main reason to start the business was to empower myself financial and to help my other sisters with the school fees because my parents died and left us at a tender age. I started my business with my savings from the odd jobs. I started with a computer, a printer and a ream of paper and today i can stand tall and say i have moved steps ahead.
My Business
The name of my business is Fyne Web Technology. The business is in Siaya Town behind Cooperative bank of Kenya, adjacent to Siaya Self Service Stores or directly opposite Kenya Women Finance Trust. The main building where is business is Siaya Exhibition Centre Stall no. 11. The main Services offered are Computer services, lamination, book binding, photocopying, internet services, Supply of stationery , teaching students basic computer applications and also selling computer accessories. Am really in need of Zidisha loan to enable me to expand my business and also to meet the growing demand of the services i offer, with the devolved system of governance their is a ready market because their is a demand to embrace the digital era where everything is computerized, the demand and market for supply of stationery is is steady with the set up of offices in the county government, the market is readily available, most of my clients are schools, government offices and local NGOs. Most of the goods i sell are nonperishable, this implies that there is minimal risk in the business and the building is well secured security wise. during the peak seasons the business nets approximately Kshs. 80,000 to 100,000 while during the low seasons be business nets Kshs. 40,000 to 60,000 and this mainly happens when the government and the NGOs are closing the financial books and when the schools closes. my main objective for the Zidisha loan is to expand my business and to meet the growing demand of my clients. I remain hopeful that my loan request be granted.
Loan Proposal
I will use the loan to add more stationery in my shop. basically what i will buy at the moment are; photocopy or printing papers, duplicating papers, springs and box files, and assorted office stationery. With the form one intake their is need of supply of the stationery. At the moment i have orders from various orders of supply of stationery to different schools but due to financial constraints i have not been able to meet the demand. I have talked to my clients to give me more time to get the funds for supply. With Zidisha loan i know i will be able to meet my clients demand and to widen my market too.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Feb 23, 2014
Repayment status
On Time
Projected term
6 months
Lenders
Toronto, Canada
United States
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