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
I intend to buy a commercial printer capable of printing a wide range of media. This printer will print on CD/DVD surfaces and also on thick paper. There is a demand for such services in my area and I want tap into this market to increase my revenue. I am a well known printer and I will easily get clients for such jobs.
The printer will cost around $500 and I expect to grow my business income by about 25% once I acquire it. This acquisition will be a big milestone in my business and I hope you will make your contributions hence actualizing my dream.
Thank you.
Feedback
Positive
2
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$586.00
Date disbursed
Jul 6, 2016
Repayment status
On Time
Projected term
14 months
Other loans
Lenders
Republic of Korea
United States
United States
Franklin, TN, United States
Ask Paul a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Summary
Amount repaid
$615.30
Amount remaining
$0.00
Date repaid
Apr 2, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 16, 2016 | $10.08 | Jul 16, 2016 | $10.08 |
| Jul 23, 2016 | $10.08 | Jul 16, 2016 | $10.08 |
| Jul 30, 2016 | $10.08 | Jul 31, 2016 | $10.08 |
| Aug 6, 2016 | $10.08 | Aug 8, 2016 | $10.08 |
| Aug 13, 2016 | $10.08 | Aug 14, 2016 | $10.08 |
| Aug 20, 2016 | $10.08 | Aug 22, 2016 | $10.08 |
| Aug 27, 2016 | $10.08 | Aug 27, 2016 | $10.08 |
| Sep 3, 2016 | $10.08 | Sep 4, 2016 | $10.08 |
| Sep 10, 2016 | $10.08 | Sep 11, 2016 | $10.08 |
| Sep 17, 2016 | $10.08 | Sep 20, 2016 | $10.08 |
| Sep 24, 2016 | $10.08 | Sep 25, 2016 | $10.08 |
| Oct 1, 2016 | $10.08 | Oct 4, 2016 | $10.08 |
| Oct 8, 2016 | $10.08 | Oct 11, 2016 | $10.08 |
| Oct 15, 2016 | $10.08 | Oct 17, 2016 | $10.08 |
| Oct 22, 2016 | $10.08 | Oct 23, 2016 | $10.08 |
| Oct 29, 2016 | $10.08 | Oct 31, 2016 | $10.08 |
| Nov 5, 2016 | $10.08 | Nov 7, 2016 | $10.08 |
| Nov 12, 2016 | $10.08 | Nov 16, 2016 | $10.08 |
| Nov 19, 2016 | $10.08 | Nov 16, 2016 | $0.08 |
| Nov 27, 2016 | $10.00 | ||
| Nov 26, 2016 | $10.08 | Nov 27, 2016 | $0.24 |
| Dec 3, 2016 | $9.84 | ||
| Dec 3, 2016 | $10.08 | Dec 3, 2016 | $0.24 |
| Dec 10, 2016 | $9.84 | ||
| Dec 10, 2016 | $10.08 | Dec 10, 2016 | $0.24 |
| Dec 19, 2016 | $9.84 | ||
| Dec 17, 2016 | $10.08 | Dec 19, 2016 | $0.24 |
| Dec 21, 2016 | $9.84 | ||
| Dec 24, 2016 | $10.08 | Dec 21, 2016 | $0.24 |
| Jan 2, 2017 | $9.84 | ||
| Dec 31, 2016 | $10.08 | Jan 6, 2017 | $10.08 |
| Jan 7, 2017 | $10.08 | Jan 16, 2017 | $10.08 |
| Jan 14, 2017 | $10.08 | Jan 21, 2017 | $10.08 |
| Jan 21, 2017 | $10.08 | Jan 27, 2017 | $10.08 |
| Jan 28, 2017 | $10.08 | Feb 4, 2017 | $5.04 |
| Feb 11, 2017 | $5.04 | ||
| Feb 4, 2017 | $10.08 | Feb 11, 2017 | $10.08 |
| Feb 11, 2017 | $10.08 | Feb 16, 2017 | $10.08 |
| Feb 18, 2017 | $10.08 | Feb 24, 2017 | $7.06 |
| Mar 1, 2017 | $3.02 | ||
| Feb 25, 2017 | $10.08 | Mar 1, 2017 | $1.01 |
| Mar 4, 2017 | $9.07 | ||
| Mar 4, 2017 | $10.08 | Mar 4, 2017 | $1.01 |
| Mar 14, 2017 | $5.04 | ||
| Mar 18, 2017 | $4.03 | ||
| Mar 11, 2017 | $10.08 | Mar 18, 2017 | $6.05 |
| Mar 23, 2017 | $4.03 | ||
| Mar 18, 2017 | $10.08 | Mar 23, 2017 | $10.08 |
| Mar 25, 2017 | $10.08 | Mar 29, 2017 | $10.08 |
| Apr 1, 2017 | $10.08 | Mar 31, 2017 | $10.08 |
| Apr 8, 2017 | $10.08 | Mar 31, 2017 | $10.08 |
| Apr 15, 2017 | $10.08 | Mar 31, 2017 | $10.08 |
| Apr 22, 2017 | $10.08 | Mar 31, 2017 | $10.08 |
| Apr 29, 2017 | $10.08 | Mar 31, 2017 | $10.08 |
| May 6, 2017 | $10.08 | Mar 31, 2017 | $10.08 |
| May 13, 2017 | $10.08 | Mar 31, 2017 | $10.08 |
| May 20, 2017 | $10.08 | Mar 31, 2017 | $10.08 |
| May 27, 2017 | $10.08 | Mar 31, 2017 | $10.08 |
| Jun 3, 2017 | $10.08 | Mar 31, 2017 | $10.08 |
| Jun 10, 2017 | $10.08 | Mar 31, 2017 | $10.08 |
| Jun 17, 2017 | $10.08 | Mar 31, 2017 | $10.08 |
| Jun 24, 2017 | $10.08 | Mar 31, 2017 | $10.08 |
| Jul 1, 2017 | $10.08 | Mar 31, 2017 | $10.08 |
| Jul 8, 2017 | $10.08 | Mar 31, 2017 | $10.08 |
| Jul 15, 2017 | $10.08 | Mar 31, 2017 | $10.08 |
| Jul 22, 2017 | $10.08 | Mar 31, 2017 | $10.08 |
| Jul 29, 2017 | $10.08 | Mar 31, 2017 | $10.08 |
| Aug 5, 2017 | $10.08 | Mar 31, 2017 | $10.08 |
| Aug 12, 2017 | $10.08 | Mar 31, 2017 | $10.08 |
| Aug 19, 2017 | $10.08 | Apr 2, 2017 | $10.08 |
| Aug 26, 2017 | $10.08 | Apr 2, 2017 | $10.08 |
| Sep 2, 2017 | $10.08 | Apr 2, 2017 | $10.08 |
| Sep 9, 2017 | $10.08 | Apr 2, 2017 | $10.08 |
| Sep 16, 2017 | $0.23 | Apr 2, 2017 | $0.23 |
Loading...