Cash flow for my commercial printing business

Geoffrey

Nairobi, Kenya

42% repaid

Entrepreneur

Name

Geoffrey

Member since

July 2016

On-time repayments

79 installments  •  18%

About Me

My name is Geoffrey a 2nd born of 6 children, and i come from very humbe family. i schooled at chepsui village in Kapsabet and through well wishers,friends and church i managed to get education up to diploma level.

I am aged 30 yrs married to one wife and have two sons. Iam a born again christian residing in Nairobi but from Nandi county , rift valley.

i was employed before and since employment could not fulfill my needs i started freelancing before starting a business in Nairobi and i love what i do.

I hold diploma in sales and marketing, diploma in computer application and several years of work experience in different capacities.

My Business

I have a printing business in Nairobi CBD, which i have been operating for the last 5 years.

I am short of cash to service some of the orders from corporate who pay within 30 - 60 days. Need to raise a about USD 5000 to be able to work effectively. I need a loan as working capital to my business.I have a number of recurring customers and thus iam confidence with be able to pay back the loaned amount.

I have two offset machines, one digital printers, one laser printer, one copier machine and a few machining machines which allow me to work effectively.

Loan Proposal

I own a medium printing company in Nairobi CBD, with 2 employed staff.

I have a problem in funding some of orders (letter heads, business cards, books) due to cash flows concerns.

I thus request for a loan to buy papers, inks and other operations for printing.
i am certain the profit received from the same amount will aid me in repaying back the loan.

The loan will play a long way in servicing the order i have at hand,I anticipated in re-paying in the next 30 -45 days.

Regards

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$77.00

Date disbursed

May 26, 2017

Repayment status

Late

Projected term

17 months

Other loans

Lenders

E

Edijac

Strombeek-Bever, Belgium

PG

Paul Graham

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

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