School exercise books at bargain price

Terence

Thika, Kenya

100% paid forward

Entrepreneur

Name

Terence

Member since

August 2017

On-time repayments

99 installments  •  64%

About Me

My name is Terence Munene, a father of three daughters and happily married! I was introduced to Zidisha through a good friend and since then i have never regreted the decision to join.

My Business

While am in the security business, things have ground to a halt due the corona pandemic. Luckily we are still working since this are essential services. At the moment we are just doing alarm maintence and guarding services as usual.

Project Proposal

Once I get the funds I will head directly to the manufacture for super discount prices and buy at least 6 dozens which would cost aound 6,000 and then when I sell at aprox 8,000 to 9,000 then I will be able to make a small profit and still pay the loan comfortably. Yes it's true I may not be able to sell all the books at once but with vigorous hawking I can dispose of the same quickly.....what am bringing to the buyers is the convenience of not having to go to the bookshops which will be jammed with buyers and even then the prices maybe hiked due to the high demand. I shall be grateful if considered for the loan to purchase the exercise books for resale...

Feedback

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Project Info

Project Type

Pay It Forward

Disbursed amount

$66.00

Date disbursed

Jan 12, 2024

Backers

Samwel

Nairobi, Kenya

Juliana

Morogoro, Tanzania

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  • Terence    Mar 6, 2024

    Thank you so much for believing in the dream......God bless you!
    I will commence to buy the stock once i get the funds and set to work immediately.
    This is the beginning of an enteprenueship journey with your support and mentorship. Thank you.

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  • Terence    Mar 6, 2024

    I would like to wholeheartedly thank you dear lenders for supporting my previous project of selling school exercise books. i learnt a lot from that venture in terms of planning and execution of at the earliest opportunity was very crucial because the idea is not unique to you alone and so the faster you implement and actualize the concept the better the returns before the competition arrives.

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  • Terence    Jan 11, 2024

    Thank you so much for supporting this venture. As they say education is the key to a brighter future and by providing exercise books at an affordable price I am able to put a smile on a young child's face. These kids are tomorrow's leader and future zidisha members too. January marks the start of a school term and exercise books are an essential part of going back to school. I can't thank you enough for making this possible. Asante

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  • Terence    Jan 1, 2024

    Am grateful for funding my last project and am my next project I am planning of buy exercise books A4 120 pages for resale at a small fee this being a back to school period. I have checked the prices at bookshops and supermarkets and I will just undercut slightly. These books I will take round in market places and busstops. Secondly books are not perishable like foodstuffs so they are safe. I will appreciate any financial boost offered towards this venture. Thank you

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  • Terence    Oct 27, 2023

    Am very grateful to you for enabling me to buy the required accessories for resale which will enable me to pay off the loan and get a profit to restock and grow the hustle. It is very hard to survive on one income alone in this kenya of today (that is if you're employed)! Furthermore if one is able to provide a solution to a need and get a profit in the process, there is a certain kind of fulfilment that one attains. Asante!

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  • Terence    Jun 5, 2020

    I cant seem to add photo

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  • Terence    Jul 25, 2019

    NGO0GMOKIA Confirmed. Ksh400.00 sent to Zidisha Inc. for account 0719452209 on 24/7/19 at 7:53 AM New M-PESA balance is Ksh7.00. Transaction cost, Ksh23.00.‎

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  • Terence    Jul 20, 2019

    due to unavoidable circumstances am unable to repay the agreed instalments of 1850 however I can repay at 750 and manage to clear the loan. once I clear I will be happy and I don't intend to borrow again in the near future. thanks

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  • Terence    May 26, 2019

    hi guys am adjusting my repayment amount temporarily so i can be able to at least continue paying regularly. kind regards

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  • Terence    Mar 26, 2019

    Asante (Thank you)! I shall use the money for the intended purpose and will keep you updated on the progress.

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  • Terence    Jan 22, 2019

    Hello, 2018 was a difficult year for me. 2019 has started well and am hoping i'll be able to make significant progress towards personal development! thank you for being part of the process.

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  • Terence    Jan 22, 2019

    Hello, 2018 was a difficult year for me. 2019 has started well and am hoping i'll be able to make significant progress towards personal development! thank you for being part of the process.

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  • Terence    Jan 22, 2019

    Hello, 2018 was a difficult year for me. 2019 has started well and am hoping i'll be able to make significant progress towards personal development! thank you for being part of the process.

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  • Terence    Jan 22, 2019

    Hello, 2018 was a difficult year for me. 2019 has started well and am hoping i'll be able to make significant progress towards personal development! thank you for being part of the process.

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  • Terence    Oct 5, 2018

    Am currently undergoing some financial difficulties which means I cannot manage a much higher repayment at the momemt. This is temporary.

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  • Terence    Aug 19, 2018

    It is most unfortunate that after losing my job i have to adjust the installment amount as i figure things out. I am very sorry for any inconvenience caused and i am commited to not only paying this debt but also continue the good relationship that we have had so far.

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  • Jimmy    Aug 16, 2018

    Dear lenders, he promised to repay soon

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  • Terence    Jul 3, 2018

    The reduction is to enable me to be left with my weekly bus fare to my place of work. I have been transferred to a new assignment and the travel cost is taking a toll on me financially.

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  • Terence    Jun 20, 2018

    Hello, I've not received the funds upto now. Kindly confirm and advise. Thank you

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