Buying a digital printer and epson photo printer

Hezron

Githurai, Kenya

100% repaid

Entrepreneur

Name

Hezron

Member since

January 2017

On-time repayments

219 installments  •  64%

About Me

I was born in Nyahururu, Laikipia West County, with my three sister and mother. Growing up was not easy, I watched as my mother struggled to take me through primary and high school, which by then was not free as compared to today. Being the first born and the only son, after high school, I was forced to start supporting my family immediately. Over the years, I have worked in Casinos, and through my constant savings, I was able to take myself through college where I did Graphics Design. As fate would have it, I later got a job opportunity in Juba, South Sudan as a graphics designer. Unfortunately, I was forced to come back to Kenya after chaos broke out in the country. Amidst my struggles to establish myself in Nairobi, I met a former high school friend who introduced me into the world of photography Paparazzi who has also been my greatest mentor.

My Business

As a freelance photographer, I have been attending various events all over the country, where together with my friend we mount stands and invite people for photo shoots. On Sundays I also mount my stands outside our local church in Githurai 44 where I take some photos and print for the Christians aafter service. From time to time, I also get some invitations to burials, weddings, school graduation programs among others. Basically, on a monthly basis I am able to raise about Kshs. 30,000 after deducting all the expenses which include traveling and rental fees. This amount I normally spread it through supporting my household. My daughter and paying for my young sister's school fees.

Loan Proposal

With printing and cyber business gaining a lot of relevance in the Kenyan market, i have gained a reliable customer base in the heart of the Nairobi city. There is need to process their jobs faster and more efficiently if i am to maintain them. With this in my mind i will need a digital printer Konica Minolta - Bizhub C280 and an extra Epson photo printer model T50 to process print jobs and photographs. The cost is broken down as follows

Purchasing digital printer, Konica Minolta - Bizhub C280 $1750

Purchasing an Epson Photo Printer model T50 $290

Total $2040

I will top up the money I receive from Zidisha with my savings to enable me meet the purchasing cost.

Purchasing these two printers will enable me meet my customers needs and increase my profits with not less than 20 percent since I will be able to serve a large clientele and cut the money spent on outsourcing. The revenue generated from the business will help me support my young family, especially my daughter who is in Kindergarten and continue supporting my sister who joined college this year.

Feedback

1

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  • Allie    Oct 1, 2017

    Congratulations on paying your loan in full, Hezron. I hope your business is going well and your sister is doing well at school.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,747.00

Date disbursed

May 4, 2018

Repayment status

On Time

Projected term

8 months

Lenders

Cloudways

Malta, Malta

Paul

Crandon, United States

BS

Brandon S

United States

A

Anonymous

United States

B

Brian

Rancho Cordova, United States

Paul Buchheit

Mountain View, United States

Ronald

Dättwil, Switzerland

Michael Bauschke

Dresden, Germany

VH

Valerie Henry

United States

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