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

None

None

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

Ask Geoffrey a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Summary

Amount repaid

$32.12

Amount remaining

$44.90

Expected completion

Nov 10, 2018

Status

Repaying late

Installment amount

$0.99

Repayment History

Expected Payments Actual Payments
Jun 3, 2017 $1.98 Jun 5, 2017 $1.98
Jun 10, 2017 $1.98 Jun 26, 2017 $1.98
Jun 17, 2017 $1.98 Jun 26, 2017 $1.98
Jun 24, 2017 $1.98 Jun 28, 2017 $1.98
Jul 1, 2017 $1.98 Jun 28, 2017 $1.98
Jul 8, 2017 $1.98 Jul 22, 2017 $1.98
Jul 15, 2017 $1.98 Jul 22, 2017 $1.98
Jul 22, 2017 $1.98 Jul 22, 2017 $1.98
Jul 29, 2017 $1.98 Jul 22, 2017 $1.98
Aug 5, 2017 $0.00
Aug 12, 2017 $0.00
Aug 19, 2017 $0.00
Aug 26, 2017 $0.00
Sep 2, 2017 $0.00
Sep 9, 2017 $0.00
Sep 16, 2017 $0.00
Sep 23, 2017 $0.99 Sep 25, 2017 $0.99
Sep 30, 2017 $0.99 Sep 25, 2017 $0.99
Oct 7, 2017 $0.99 Dec 6, 2017 $0.99
Oct 14, 2017 $0.99 Nov 28, 2019 $0.99
Oct 21, 2017 $0.99 Nov 28, 2019 $0.99
Oct 28, 2017 $0.99 Nov 28, 2019 $0.99
Nov 4, 2017 $0.99 Nov 28, 2019 $0.99
Nov 11, 2017 $0.99 Nov 28, 2019 $0.99
Nov 18, 2017 $0.99 Nov 30, 2019 $0.99
Nov 25, 2017 $0.99 Nov 30, 2019 $0.99
Dec 2, 2017 $0.99 Dec 3, 2019 $0.99
Dec 9, 2017 $0.99 Dec 3, 2019 $0.49
Sep 18, 2022 $0.49
Dec 16, 2017 $0.99 Sep 18, 2022 $0.49
Sep 28, 2022 $0.49
Dec 23, 2017 $0.99 Sep 28, 2022 $0.99
Dec 30, 2017 $0.99 Sep 28, 2022 $0.49
Jan 6, 2018 $0.99
Jan 13, 2018 $0.99
Jan 20, 2018 $0.99
Jan 27, 2018 $0.99
Feb 3, 2018 $0.99
Feb 10, 2018 $0.99
Feb 17, 2018 $0.99
Feb 24, 2018 $0.99
Mar 3, 2018 $0.99
Mar 10, 2018 $0.99
Mar 17, 2018 $0.99
Mar 24, 2018 $0.99
Mar 31, 2018 $0.99
Apr 7, 2018 $0.99
Apr 14, 2018 $0.99
Apr 21, 2018 $0.99
Apr 28, 2018 $0.99
May 5, 2018 $0.99
May 12, 2018 $0.99
May 19, 2018 $0.99
May 26, 2018 $0.99
Jun 2, 2018 $0.99
Jun 9, 2018 $0.99
Jun 16, 2018 $0.99
Jun 23, 2018 $0.99
Jun 30, 2018 $0.99
Jul 7, 2018 $0.99
Jul 14, 2018 $0.99
Jul 21, 2018 $0.99
Jul 28, 2018 $0.99
Aug 4, 2018 $0.99
Aug 11, 2018 $0.99
Aug 18, 2018 $0.99
Aug 25, 2018 $0.99
Sep 1, 2018 $0.99
Sep 8, 2018 $0.99
Sep 15, 2018 $0.99
Sep 22, 2018 $0.99
Sep 29, 2018 $0.99
Oct 6, 2018 $0.99
Oct 13, 2018 $0.99
Oct 20, 2018 $0.99
Oct 27, 2018 $0.99
Nov 3, 2018 $0.99
Nov 10, 2018 $0.92

Loading...