Cash flow for my commercial printing services business

Geoffrey

Nairobi, Kenya

92% 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 have been operating a commercial printing business in nairobi for the last 5 years. i have establish a number of client whom most of them are corporate and they pay between 30 - 60 days from the date of deliverly.


iam sourcing the cash to help me service the orders. need about USD 5000 , been to start low to prove i can repay the loan given.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$12.00

Date disbursed

Sep 4, 2016

Repayment status

On Time

Projected term

5 weeks

Other loans

Lenders

A

Andy

Berlin, United States

TheGoodData

London, United Kingdom

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  • Geoffrey    Sep 28, 2022

    Hello partners,

    We have reopened - Just repaid part of the loan

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  • Geoffrey    Nov 29, 2019

    Iam back into profit making business after struggling for a while.

    Hoping to finish my loan soonest.

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  • Geoffrey    Dec 6, 2017

    I am back into business and will start repayment again.

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  • Geoffrey    Sep 19, 2017

    My business has been greatly affected by election period in Kenya, and grounded.
    hope to repay soonest.

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  • Mabel    Aug 20, 2017

    Dear team,
    I have talked with Geoffrey and he hopes to resume payments when business stablilizes in September.

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  • Geoffrey    Jul 22, 2017

    Business has been very slow for the past two month and since we are heading to election on month of August,we expect things to normalize on september.

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  • Mabel    Jul 20, 2017

    Dear Zidisha Team,

    I have spoken to Geoffrey and he has promised to clear the arrears by next week.

    Thanks
    Mabel

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  • Geoffrey    May 26, 2017

    loan received and i have procured printing papers for my current orders. once gain thank you lenders.

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  • Geoffrey    May 25, 2017

    Iam gratefull all lenders for this loan. will use it wisely to grow my business.

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  • Geoffrey    Sep 13, 2016

    I have another job at hand and dont have enough capital. Thus sourcing for extra funds to service the order. will adjust higher soonest.

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  • Geoffrey    Sep 10, 2016

    The loan i acquired i bought one ream of paper which i used to print letter head to one of my client. I have been paid full payment thus why i need to disburse the loan back soonest.

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  • Geoffrey    Sep 3, 2016

    i have received the loan and thanks all Lenders for this loan. Iam going to buy papers for copy services that i do offer.

    Regards

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