Entrepreneur
Name
Peter
Member since
May 2017
On-time repayments
135 installments • 77%
About Me
My name is Peter Wainaina. I am a father of 2 and I work in Mombasa town though I am originally from central Kenya where I grew up while helping my parents with their farming activities.
I have worked in many places ranging from hotels, hair salons and transport business.
My children are now young adults and one is doing a course in journalism while the other one is studying ICT in college.
My Business
I do different types of printing and branding. My production includes business cards, receipt books and all manner of publications. I also buy wall clocks and brand them in accordance with my clients (mostly corporate) needs.
My net income (on average) is about USD 400. My expenses are rent, electricity bills and wages. I am working hard to keep the business growing and enable me to buy bigger and better printing machines in future.
I do this with the help of one worker whom I pay on commission basis.
Loan Proposal
I am glad my business is doing well. I have largely managed to satisfy the needs of my clients by always stocking the type of paper they need. I now need to keep growing my stock so as to attract bigger clients who buy the paper in bulk.
If funded, I will use the money to buy reams of assorted paper ranging from photo copy paper to card-stock. All these are popular and widely used to do different types of printing. I hope to make about 25% net profit once I buy and start sell out this stock.
Thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$242.00
Date disbursed
Apr 3, 2018
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
Germany
San Francisco, Netherlands
Norway
United States
Hong Kong
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