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 recently secured a contract to supply a company with branded clocks which they will later use to give to their loyal clients. I am supposed to supply them with 2 dozen clocks - all branded with their company name and logo. This will entail buying the clocks and then print the branded clock face.
Each clock will cost me USD 10 and this loan will help me a great deal to acquire the clocks and do the branding job. I expect to make a good return from this business and hopefully help me get other such jobs in the future.
Thanks.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$79.00
Date disbursed
Sep 16, 2017
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
United States
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Jake Gibson and Beverly Picardo
San Francisco, United States
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