More educational materials for my bookshop

Kennedy

Funyula Center, Kenya

27% repaid

Entrepreneur

Name

Kennedy

Member since

October 2015

On-time repayments

179 installments  •  45%

About Me

My name is Kennedy Ogutu Oduori. I was born in 1988. I completed both my primary and secondary school successful and later underwent Certified Public Accountant course which i also managed and I operate as an accountant. At my place the land is not fertile as we don't produce enough food which makes us depend on business a lot. I have two children and would like them to become a doctor and an accountant. lastly i am a footballer and like to watch football.

My Business

I started my business last year which is a bookshop. I would like my business to expand since its a small business per now. there is need for books since it it a world of technology people and children are in need of studying at younger age and even at older age. i will have to provide reading books, office stationary, writing instruments and any other educative materials.

Loan Proposal

With four years experience in operating a bookshop, I have grown my customer base from the previous 10 schools to now 20 schools both primary and Secondary. I have also won tenders in supply of books and other reading materials for Early Children Education section of these schools


I want to use $50 of this money to increase my stock for the current bookshop and the remaining balance of $152open a new branch next to the school my Children go.

This will assure by customer of stock availability and help me meet all their need in regards to the Education of themselves and that of their children. Secondly, by opening branch next to the school, I intend to minimise the cost of transportation and also solve issues of emergency arising from school like filled books during lessons and exhausted pens. By doing this, I will maintain my bookshop's image and also improve my standard of living in this inflated economy.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$223.00

Date disbursed

May 31, 2017

Repayment status

Late

Projected term

25 months

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