Buying a printer

Jane Thini

Mwea, Kenya

100% repaid

Entrepreneur

Name

Jane Thini

Member since

June 2015

On-time repayments

116 installments  •  94%

About Me

My name is Jane Njeri . i was born in Kiambu county, schooled in Kiambu; Kamandura primary school. later my parents relocated to Nyandarua where i joined a nearby primary school to complete my primary education. In 1993, i joined Karunga day secondary school for my secondary education. After my secondary education i joined Palm Commercial College in Limuru Kiambu county. before i was through with my 2-year secretarial course, i got financially challenged and this forced me out of college in the 1st level. i started small scale businesses like selling fruits, cereal kiosks and other small businesses. After many financial strains i decided to take a computer class which i deed and after three months i obtained a certificated in computer packages. After the course I was employed in an insurance agency office which was very poorly paying. In the office I was employed, apart from being a secretary in the office, we were offering other services like tying services, photocopying, lamination, binding etc. In the process of offering these services I started thinking of putting up my business in the same line. With the help of my husband, I started buying equipments slowly by slowly and within two years I was able to start up a small business on typesetting, photocopying, lamination and binding although I did not have efficient machines as usual in a newborn business. In the land that I live people are very illiterate and therefore professional businesses are not many and there is a high demand of our services and that is why i chose this kind of business. My children have a great passion for business and they desire to become business people too. Working in communal work, visiting the sick and old people.

My Business

I offer typesetting, photocopying, lamination and binding services. I also sell stationeries like pens, manilla papers, graduation card, flowers for cememonies etc although not in large quantities.
These goods and services are useful especially because the business is located in a fast growing town in rural area where most people here are illiterate and therefore they need people who can offer professional services. A lot of cases i get here is where people come to my business requesting me to write them for the sale agreement for sale of their properties.
I choose this kind of business because it is in line with my professional and i had about two years of experience before i started. Secondly it enable me help my community with my professional which is scarce in the area.
I purchase my goods in Nairobi City and pay transport to Mwea which is 100km from the City. Monthly purchase for goods is 800$ which gives me 40% profit translating to 320$. This is only sale of items. With additional of typing services my profit goes to 480$ per month.
I use my profit for paying school fees for my two children, my house bills and investing in my business.

Loan Proposal

Once i receive the loan i intend to buy a printer. The current price is 300 dollars. 17.94 dollars will be used for transport.
This printer will help my customers to have good quality of work since the one i am using is old printer and it's product is not good. I expect this printer to speed up the printing works for customers.
I do expect an increase of 35% in terms of net profit and increase of customers.

Feedback

4

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  • Michael Thurm    Jul 4, 2019

    Even if running late sometimes, Jane kept on making repayments, so I was always sure she would repay the whole sum as soon as possible. Would lend to her again without hesitation!

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  • Richard Griebe    Jan 8, 2019

    Jane is a great borrower and I am glad that I could help her with a small loan. Hard work deserves community support.

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  • Mary    Sep 12, 2017

    Jane is a wonderful borrower. She always paid on time. I would recommend funding her future loans!

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Loan Info

Project Type

Classic Loan

Disbursed amount

$522.17

Date disbursed

Jan 11, 2019

Repayment status

On Time

Projected term

5 months

Cost to entrepreneur

Service fee: $22.00

Credit risk payment: $154.01

Lenders

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Tallago3

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guenter

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Tavin

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Cloudways

Malta, Malta

IM

Isak Maaseide

Tromso, Norway, Norway

J

Johannes

Pirmasens, Germany

M

Moonknight

Østre Gausdal, Norway

W

WinWinNL

The Hague, Netherlands

L

Leonora

TÄBY, Sweden

Richard Griebe

La Jolla, United States

G

GoughGirl

Washington, Dc, United States

T

tomcat14

Brussels, Belgium

Lisbeth

Perth, Australia

Laparo

Dusseldorf, Germany

PolarBearCapital

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KieranB

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M

mbarbier

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DF

Dennis Furr

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Tanya

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Anna Hoad

Toronto, Canada

LJ

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Craig

Memphis, TN, United States

A

Andrei

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A

Adam

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RH

Robert Hamner

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Tom Eggert

Madison, United States

Ren

Minneapolis/StPaul, United States

Richard Benyon

United States

MM

MB McKenna

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JF

J Fister

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S

S

Canberra, Australia

JH

Jane Hanford

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Nethanel Kohen

NYC, United States

KJ

Karin Joy

Philadelphia, PA, USA, United States

daniel

maryborough, Australia

BA

Burf and Patsy

St. John's, Canada

Carrie

Arlington, MA, United States

Ronald

Dättwil, Switzerland

NS

Natalie Stone

United States

J

Johanna

Zürich, Austria

I

Inês

United States

Jeff Tyler

Poquoson, United States

AM

Andy Marston

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Claire Lewis

Wales Uk, United Kingdom

Richard Paulin

Melbourne, Australia

Peter Morse

Amesbury, MA, United States

MH

Matt Hodges

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Marcelo De Polli

São Paulo, Brazil

A

Ayse

Switzerland

Shervin

San Francisco, United States

WV

Wouter van Buizen

Amsterdam, Netherlands

DO

Denis Ontiveros

Guildford, United Kingdom

B

Ben

United States

T

Tom

United States

Ryan

Germany

EP

Evan Peters

United States

Girolamo Marroccoli

Basel, Switzerland

LT

Lisa Taylor

California, United States

H

hayeswmiller

United States

Anke Baltussen

Utrecht, Netherlands

IK

Iris Koele

Netherlands

M

MFarrell2008

United States

EA

Eric Ayers

Atlanta, United States

Adrian

Liverpool, United Kingdom

KA

Kate and Tom

United States

BS

Brendan Scanlon

Troy, United States

M

Mika

Switzerland

Michael Winter

Hessisch Oldendorf OT Rumbeck, Germany

CE

Christopher Engleright

Stafford, United States

Lois Freisleben

Arcata, CA, United States

BH

Brad Holaway

Scottsdale, United States

T C

Belgium

Andrew

United States

B

Bram

Germany

GB

Glenn Butler

United States

S

Shayla

United States

LD

Lisa Dresner

United States

Angela Chu

Toronto, Canada

P

PS

United States

N

Noah

Hamburg, Germany

K

Kristyn

United States

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