Buy a bigger printer for my growing business
Paul
Mombasa, Kenya
100% repaid
Entrepreneur
Name
Paul
Member since
June 2014
On-time repayments
353 installments • 77%
About Me
My name is Paul Materi born in 1963 in Nairobi area. I am the first born in a family of 7 members. My parents are peasant farmers and live in the Rift Valley region. I am married with one child who is in secondary school I did my primary school course and later joined secondary school. I joined a teacher training college shortly after my secondary school where I graduated as a primary school teacher. I was posted Namanga Primary School where I worked for four years. I later quit the job and started my own business.
I am an active member of my church – Voice of Jesus where I serve as a church minister. This is voluntary work which I normally do on Friday morning and Sundays.
My Business
My business entails printing works where I print all kinds of publications. I do publications such as simple hand bills, stationery books, banners etc.
I also do branding in form of printing T-Shirts, mugs and signage. I serve small institutions such as churches and schools as well as large companies.
My turnover is about $1200 per month but most of this money goes into buying of raw materials and labour leaving me with a profit of about $300. Given access to credit I will be able to expand my business by stocking raw material for my printing work. I have employed two casuals who help me in doing this job. I hope to employ them permanently when the business expands.
Loan Proposal
As mentioned earlier, I am gradually building capacity of my printing business. I used the last loan to acquire a printer which has been a huge success since it is faster and also produces high quality print-outs.
I want to build on this success and get another printer with a higher performance than the previous one. I will use both printers to increase my productivity and this will definitely translate into more profit. This color laser printer will cost $900 and this loan will be (almost) enough for this acquisition.
Thank you so much for your continued support.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$866.00
Date disbursed
Apr 11, 2017
Repayment status
On Time
Projected term
22 months
Other loans
Lenders
Amsterdam, Netherlands
United States
London, United Kingdom
Oshawa, Canada
Uruguay
United States
Finland
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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Summary
Amount repaid
$866.17
Amount remaining
$0.00
Date repaid
Feb 23, 2019
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Apr 20, 2017 | $9.94 | Apr 20, 2017 | $9.94 |
| Apr 27, 2017 | $9.94 | Apr 29, 2017 | $9.94 |
| May 4, 2017 | $9.94 | May 7, 2017 | $9.94 |
| May 11, 2017 | $9.94 | May 18, 2017 | $9.94 |
| May 18, 2017 | $9.94 | May 26, 2017 | $9.94 |
| May 25, 2017 | $9.94 | May 26, 2017 | $9.94 |
| Jun 1, 2017 | $9.94 | Jun 20, 2017 | $9.94 |
| Jun 8, 2017 | $9.94 | Jun 23, 2017 | $9.94 |
| Jun 15, 2017 | $9.94 | Jun 30, 2017 | $9.94 |
| Jun 22, 2017 | $9.94 | Jun 30, 2017 | $9.94 |
| Jun 29, 2017 | $9.94 | Jul 1, 2017 | $9.94 |
| Jul 6, 2017 | $9.94 | Jul 25, 2017 | $9.94 |
| Jul 13, 2017 | $9.94 | Jul 29, 2017 | $9.94 |
| Jul 20, 2017 | $9.94 | Aug 6, 2017 | $9.94 |
| Jul 27, 2017 | $9.94 | Aug 6, 2017 | $9.94 |
| Aug 3, 2017 | $9.94 | Aug 6, 2017 | $9.94 |
| Aug 10, 2017 | $9.94 | Aug 12, 2017 | $9.94 |
| Aug 17, 2017 | $9.94 | Aug 17, 2017 | $9.94 |
| Aug 24, 2017 | $9.94 | Aug 21, 2017 | $9.94 |
| Aug 31, 2017 | $9.94 | Aug 24, 2017 | $9.94 |
| Sep 7, 2017 | $9.94 | Sep 1, 2017 | $9.94 |
| Sep 14, 2017 | $9.94 | Sep 28, 2017 | $9.94 |
| Sep 21, 2017 | $9.94 | Oct 11, 2017 | $9.94 |
| Sep 28, 2017 | $9.94 | Oct 11, 2017 | $9.94 |
| Oct 5, 2017 | $9.94 | Oct 11, 2017 | $9.94 |
| Oct 12, 2017 | $9.94 | Oct 18, 2017 | $9.94 |
| Oct 19, 2017 | $9.94 | Oct 24, 2017 | $9.94 |
| Oct 26, 2017 | $9.94 | Oct 28, 2017 | $9.94 |
| Nov 2, 2017 | $9.94 | Oct 31, 2017 | $4.97 |
| Nov 7, 2017 | $4.97 | ||
| Nov 9, 2017 | $9.94 | Nov 7, 2017 | $4.97 |
| Nov 11, 2017 | $0.99 | ||
| Nov 13, 2017 | $3.97 | ||
| Nov 16, 2017 | $9.94 | Nov 13, 2017 | $5.96 |
| Nov 15, 2017 | $0.99 | ||
| Nov 21, 2017 | $2.98 | ||
| Nov 23, 2017 | $9.94 | Nov 21, 2017 | $9.94 |
| Nov 30, 2017 | $9.94 | Nov 28, 2017 | $9.94 |
| Dec 7, 2017 | $9.94 | Dec 6, 2017 | $5.96 |
| Dec 8, 2017 | $0.99 | ||
| Dec 14, 2017 | $2.98 | ||
| Dec 14, 2017 | $9.94 | Dec 14, 2017 | $9.94 |
| Dec 21, 2017 | $9.94 | Dec 28, 2017 | $9.94 |
| Dec 28, 2017 | $9.94 | Jan 21, 2018 | $9.94 |
| Jan 4, 2018 | $9.94 | Jan 21, 2018 | $1.99 |
| Jan 22, 2018 | $7.95 | ||
| Jan 11, 2018 | $9.94 | Jan 22, 2018 | $9.94 |
| Jan 18, 2018 | $9.94 | Jan 22, 2018 | $9.94 |
| Jan 25, 2018 | $9.94 | Jan 30, 2018 | $9.94 |
| Feb 1, 2018 | $9.94 | Jan 30, 2018 | $9.94 |
| Feb 8, 2018 | $9.94 | Feb 12, 2018 | $9.94 |
| Feb 15, 2018 | $9.94 | Feb 12, 2018 | $9.94 |
| Feb 22, 2018 | $9.94 | Feb 22, 2018 | $9.94 |
| Mar 1, 2018 | $9.94 | Mar 9, 2018 | $9.94 |
| Mar 8, 2018 | $9.94 | Mar 17, 2018 | $9.94 |
| Mar 15, 2018 | $9.94 | Mar 21, 2018 | $9.94 |
| Mar 22, 2018 | $9.94 | Mar 21, 2018 | $9.94 |
| Mar 29, 2018 | $9.94 | Mar 31, 2018 | $9.94 |
| Apr 5, 2018 | $9.94 | Apr 11, 2018 | $9.94 |
| Apr 12, 2018 | $9.94 | Apr 18, 2018 | $9.94 |
| Apr 19, 2018 | $9.94 | Apr 25, 2018 | $9.94 |
| Apr 26, 2018 | $9.94 | May 6, 2018 | $4.97 |
| May 11, 2018 | $0.99 | ||
| May 15, 2018 | $3.97 | ||
| May 3, 2018 | $9.94 | May 15, 2018 | $9.94 |
| May 10, 2018 | $9.94 | May 24, 2018 | $9.94 |
| May 17, 2018 | $9.94 | May 29, 2018 | $9.94 |
| May 24, 2018 | $9.94 | May 29, 2018 | $9.94 |
| May 31, 2018 | $9.94 | Jun 9, 2018 | $9.94 |
| Jun 7, 2018 | $9.94 | Jun 16, 2018 | $9.94 |
| Jun 14, 2018 | $9.94 | Jun 19, 2018 | $9.94 |
| Jun 21, 2018 | $9.94 | Jun 23, 2018 | $9.94 |
| Jun 28, 2018 | $9.94 | Jun 23, 2018 | $9.94 |
| Jul 5, 2018 | $9.94 | Jun 28, 2018 | $9.94 |
| Jul 12, 2018 | $9.94 | Jul 10, 2018 | $9.94 |
| Jul 19, 2018 | $9.94 | Jul 20, 2018 | $9.94 |
| Jul 26, 2018 | $9.94 | Jul 27, 2018 | $9.94 |
| Aug 2, 2018 | $9.94 | Aug 1, 2018 | $9.94 |
| Aug 9, 2018 | $9.94 | Sep 18, 2018 | $9.94 |
| Aug 16, 2018 | $0.00 | ||
| Aug 23, 2018 | $0.00 | ||
| Aug 30, 2018 | $0.00 | ||
| Sep 6, 2018 | $0.00 | ||
| Sep 13, 2018 | $0.00 | ||
| Sep 20, 2018 | $0.00 | ||
| Sep 27, 2018 | $0.00 | ||
| Oct 4, 2018 | $0.00 | ||
| Oct 11, 2018 | $4.97 | Oct 11, 2018 | $4.97 |
| Oct 18, 2018 | $4.97 | Oct 17, 2018 | $4.97 |
| Oct 25, 2018 | $4.97 | Oct 21, 2018 | $0.99 |
| Oct 25, 2018 | $3.97 | ||
| Nov 1, 2018 | $4.97 | Oct 25, 2018 | $4.97 |
| Nov 8, 2018 | $4.97 | Oct 25, 2018 | $0.99 |
| Nov 15, 2018 | $3.97 | ||
| Nov 15, 2018 | $9.94 | Nov 15, 2018 | $9.94 |
| Nov 22, 2018 | $9.94 | Nov 29, 2018 | $9.94 |
| Nov 29, 2018 | $9.94 | Dec 6, 2018 | $9.94 |
| Dec 6, 2018 | $9.94 | Dec 13, 2018 | $9.94 |
| Dec 13, 2018 | $9.94 | Dec 20, 2018 | $9.94 |
| Dec 20, 2018 | $9.94 | Dec 29, 2018 | $9.94 |
| Dec 27, 2018 | $9.94 | Jan 4, 2019 | $9.94 |
| Jan 3, 2019 | $9.94 | Jan 4, 2019 | $9.94 |
| Jan 10, 2019 | $9.94 | Jan 21, 2019 | $9.94 |
| Jan 17, 2019 | $9.94 | Jan 29, 2019 | $4.97 |
| Feb 9, 2019 | $4.97 | ||
| Jan 24, 2019 | $9.94 | Feb 9, 2019 | $9.94 |
| Jan 31, 2019 | $9.94 | Feb 9, 2019 | $4.97 |
| Feb 14, 2019 | $4.97 | ||
| Feb 7, 2019 | $9.94 | Feb 14, 2019 | $6.13 |
| Feb 21, 2019 | $3.81 | ||
| Feb 14, 2019 | $9.94 | Feb 21, 2019 | $9.94 |
| Feb 21, 2019 | $9.94 | Feb 21, 2019 | $6.13 |
| Feb 23, 2019 | $3.81 | ||
| Feb 28, 2019 | $6.73 | Feb 23, 2019 | $6.73 |
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