Fred
Nairobi, Kenya
100% repaid
Name
Fred
Member since
January 2017
On-time repayments
13 installments • 85%
My name is Fred , I was born siaya county, then my parents moved to Nairobi where I live till today. After highj school I took mass and communication course then specialized in graphic designer. I was employed for 25 years then later decided to buy a router machine that cuts 3Ds,
I bought the machine through credit and i have managed to repay a loan of 1.8 million within one year.
I also intend to buy another machine that can cut any size, dimension, shape and material thickness that the clients may need. This will really be a big step for my business.
I also intend to employ one Marketer and designer to help me with handling the client's inquiry and jobs . I came to this decision after i realised it's overwhelming to do everything on my on. .......
I specialize in signages ie 3D, doors, directional, office branding etc
I worked in printing / Marketing and Advertising industry for 20 years + that gave me experience. Since almost of companies need signages and Marketing I thought it would be good business direction for me.
The challenge is working capital especially servicing jobs on 30 days credit.
I have atleast with some clients to pay 50% on order then balance within 30 days so that i don't struggle to service theirjobs or orders
I have also started participating in tendering and i hope i will manage to get some business.
I would like to thank my lenders for the previous loan. It was indeed of great help and i repaid on time as promised.
I still come back to you for your financial help again. I promise to repay on time as i did with my first loan
I will buy a headgears for the staff that handles the signage installation especially on top of high buildings.
This is a requirement by Nairobi city council.
Thank you for supporting my business.
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Project Type
Classic Loan
Disbursed amount
$23.00
Date disbursed
Apr 3, 2017
Repayment status
On Time
Projected term
5 weeks
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