A loan proposal to buy photocopy machine

James

Ruiru, Kenya

9% repaid

Entrepreneur

Name

James

Member since

August 2013

On-time repayments

291 installments  •  63%

About Me

i am James Mulwa,a young man who is undertaking a printing and photocopy business at Ruiru town.i live with my parents along ruiru-kiambu road, three kilometres from ruiru town near Ruiru prisons training collage.i have completed my high scool education and engaged in small business which is doing quite well.i have a passion of enterprenuereship and like trying various business opportunities.i only have one printing/scanning/photocoping machine,a computer,a laminatind and binding machine which i started with my small business which has proved to grow at an amazing rate.i use my earnings from the business to expand it to cater for the high demand of my customers.

My Business

i operate a printing and photocopy business at Ruiru town near Kenyatta University Ruiru Campus.Most of my customers are the university students who have made my business grow at a faster rate since most of the assignments given to them need to be typed and printed. despite the competition, i have tried to maintain quite suffecient number of customers by given them high quality services at a considarable price.i try my best to make sure that my customers are satisfied with the services i offer to them and tr to be friendly to them. i would therefore request the Zidisha members to grant me a $100 loan so that i can expand my business to cater for the high demand.Am ready to abide to the terms and conditions of The Zidisha Organization

Loan Proposal

Hello zidisha, I first take this opportunity to thank the platform for the support I have been getting from you. I have managed to finance my cyber cafe shop to great levels and the business is doing well. However, am intending to open another shop of the kind in a different place within Ruiru. I therefore request for a loan of the stated amount above to buy computers, photocopy machine and other related equipment as well as paying the rent for the shop. I promise to repay my loan without delay. Looking forward to a positive feedback.

Feedback

3

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,514.00

Date disbursed

Sep 15, 2017

Repayment status

Late

Projected term

46 months

Lenders

C

cooltaj

Alexander, United States

jtreyes

United States

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

sbdoc

Reno, United States

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  • James    Jul 3, 2019

    Due that am going through financial constrain I wish to reduce my payments installments

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  • James    Apr 16, 2019

    I have been passing through financial constraint and I kindly request to reduce my payment instalments as requested on the above

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  • James    Mar 1, 2019

    I have been passing a very difficult time in my business and is working on so that is why I have requested to redeuse my weekly instalments but there after am trusting that I will be back to my normal instalments very soon and thanks in advance .

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  • James    Jan 2, 2019

    Please consider this

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  • James    Dec 2, 2018

    I can pay the amount stated above at the monent

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  • James    Oct 16, 2018

    Please consider my request.

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  • James    Sep 2, 2018

    I cannot be able to pay more than 200 KES at the moment.

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  • James    May 12, 2018

    kindly consider my request

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  • James    Apr 9, 2018

    consider my request please

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  • James    Dec 3, 2017

    Unable to pay more than 1000KES

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  • James    Sep 15, 2017

    Thank you

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  • James    Aug 31, 2017

    Thank you for the loan. I will buy cyber cafe machines.

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  • James    Aug 24, 2017

    Hello, I used the previous loan for investment. Thanks

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  • James    Aug 16, 2017

    I can be able to pay that amount comfortably.

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  • James    Mar 31, 2017

    I received the loan and appreciate

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  • James    Mar 17, 2017

    Hello Zidisha lenders, the previous loan that I received from u really made a difference in my business by increasing my income since the capital increased. Thank you so much.

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  • James    Mar 13, 2017

    i can pay that amount

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  • James    Mar 5, 2017

    Hello, i wish to change my loan repayment to the above

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  • James    Apr 10, 2015

    Hello zidisha,i would like to reduce my instalment amount to KES 400. This is due to my decrease in the business income and i also want to maintain my on time rapayment rate. Am therefor comfortable in paying KES 400 without failure or delay. Thank you in advance

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  • James    Jan 5, 2015

    Hello zidisha lenders, am grateful for the support i have been getting from you. my business has really experienced a positive move and this is all as a result of the loan support i have been getting from zidisha. the loan that i have just completed repaying enabled me to add some more machines so as to expand my business. consequently, this resulted to an increase in my profit and i have been repaying the loan without any problem.

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