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

None

None

None

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

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  • Kennedy    Nov 25, 2021

    Had been long time since I paid my loan. Want to start may repayment

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  • Kennedy    Apr 24, 2019

    We thank God for the Rain after a very long period of time. Guys was your season also affected by the prolonged drought? Like in Kenya!?

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  • Kennedy    Apr 2, 2019

    Thanks Zidisha team for understanding and caring. Keep up changing the lives of People.

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  • Kennedy    Mar 9, 2019

    Sorry for my Past due loan balance. I m working hard to restore my credit History. My business was greatly affected after series of robbery hence this adjusted instalments will help me restore.

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  • Kennedy    Nov 26, 2018

    I very sorry for my late payments. It is not my Wish but I was involved in accident which negatively affected my repayment. I m back after a very long time in Hospital. I will restore my repayment in due cause. Kindly do not CRB my name. Thanks.

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  • Naftary    Oct 23, 2017

    This borrower informed me that he has not yet received funds from his customers and this is what he is expecting to use. He promised to followup on his customers and will hence make payment

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  • Laurie    Oct 9, 2017

    Dear Kennedy,

    Requests for administrative help have been removed from this page.

    Please use the "Support Ticket" feature in the "Help" section of your Zidisha account to communicate with Zidisha's Administrative Staff.

    Most lenders are not on Staff and cannot help you with anything administrative.

    The Discussion page is for you to update your lenders about the progress of your education and/or business (and other aspects of your life if you wish to share more, and about their lives, too, if they wish to share). It also is a place for your Volunteer Mentor to post information, when necessary, that you and/or your lenders need to know.

    However, anything having to do with disbursements, payments, your credit limit, all technical problems on the website (including but not limited to: posting photos or comments), your ineligibility or eligibility to become or to remain a Volunteer Mentor, etc., must be communicated via the new "Support Ticket" system located on the "Help" page of your Zidisha account.

    Other than that, if you ever have any log-in problems, then please send an email to "[email protected]" with "Cannot Log In" (without the quotation marks) placed in the Subject line of your email. Please use email for log-in problems ONLY. (All other borrower issues are handled via the new "Support Ticket" system.)

    Thank you for your cooperation, and best wishes! :-)

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  • Kennedy    Jun 19, 2017

    Thanks Zidisha Team. My loan was disbursed on time. Thanks a lot.

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  • Kennedy    May 26, 2017

    Thanks a lot lenders for your continued support . My loan is fully Funded and it's pending disbursement. As I indicated in my proposal, just a want to immediately confirm with my supplier on the delivery of Text books and stationery and start renovation of my already acquired business room. Thank you alot Zidisha.

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  • Kennedy    Sep 22, 2016

    My sales has increased dramatically due to the loan from Zidisha. I m now thinking on how I can raise more money to meet the increased demand for my Bookshop.
    Warm regards

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  • Kennedy    May 11, 2016

    Thanks Zidisha for your lending strategy. You are really making the difference and helping us own tomorrow.

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