Buy printers for a cybercafe

Margaret

Nyahururu, Kenya

100% repaid

Entrepreneur

Name

Margaret

Member since

August 2013

On-time repayments

54 installments  •  15%

About Me

I am an honest, reliable and hardworking lady with an aim of achieving my goals in life in an honest and upright manner. I based my learning mostly on computers and graphic design as i love art and technology. therefore, i started a personal business where i offered computer services such as photocopy, printing publication printing and typesetting. later on i decided to add photo editing services in my business. I am hoping to create a strong foundation for my job and also expand it to the best of my ability.

My Business

I manage a personal business where i offer computer services such as printing, typesetting, photocopy, publication printing, photo taking and graphic and logo design. My customers mostly range from business people, individuals, students and schools who require different services from me. In my location of work there are only two other institutions that offer some of the services i offer thus leaving me at a better advantage in attracting customers due to less competition. Though at a low competition rate, the few challenges i come across are getting customers from different locations due to the remoteness of these locations and not many people use computer services around the area. My monthly costs range from Ksh. 3,000 to Ksh 5,000, i make a profit of atleast Ksh.2,500 per month of which i use to improve my business and buy more stock such as printing papers.

Loan Proposal

I wish to buy more printers with the current loan amount of $45.4371 due to high increase in printing services. Customers requiring the printing services have currently increased at a high rate thus the need and urgency to to buy another printer to add to the already present one. I therefore will use the loan to purchase another printer to satisfy the customer's needs.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$47.00

Date disbursed

Apr 1, 2014

Repayment status

On Time

Projected term

10 months

Lenders

W

Walter

Victoria BC, Canada

Hope2012

United Kingdom

Tavin

Ottawa, Canada

J

jjonas

berlin, Germany

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  • Margaret    Aug 31, 2022

    I have been in hospital for some time and wasn't able to pay for I have not worked during that period

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  • Margaret    Jun 3, 2020

    I will be able to purchase printing papers for my business

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  • Margaret    May 27, 2019

    I received your loan and was able to pay school fees. thanks a lot and I look forward to better financial relationship

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  • Edwin    Jul 28, 2014

    Hi lenders, I am Edwin Mogere Margaret's volunteer. She says business is not doing well but she intends to catch up with her weekly repayments.

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  • Edwin    May 3, 2014

    Hi Lenders,I talked with Margaret and she assured me that she will be making payments soon and catch up with her arrears.

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  • jjonas    Mar 26, 2014

    good luck Margaret! =)

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