Loan to fund t-shirt order for branding business

Erick

Nairobi, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Erick

Member since

March 2015

On-time repayments

54 installments • 39%

About Me

I'm an upcoming businessman,married with a son. I have a dream of growing my businesses to great level of success with returns of over one million per month. With hard work and persistence I believe all things are possible.

My Business

My business is all about offering to the society exceptional services in the branding,advertising, printing and stationary supplies. Cutting a niche in the competitive industry. Its over a decade since we started and we are pressing on as we seek to build credibility with our esteemed clients. Lack of sufficient capital has not hindered us in realising our long term dream of becoming a household name in the branding industry. With the biological growth concept, we are making progress one step at a time. Your support will go along way to make our vision a reality. Shukran to your belief in us.

Loan Proposal

At the moment we are working on branding an upcoming business by supplying them with branded shirts. With the loan we will be able to purchase the necessary materials to tailor make the shirts and work on screen printing them. At the moment we have an order of 10 shirts, each will an average of Kshs 750( abtUSD 9 )to produce, we will be supplying them for Kshs 1,200/- ( abt USD 14).
With a successful supply of the same we are likely to get a bigger order of the same from the organization that is having close to 50 members. We also want to secure services of providing them with branded banners,fliers, business cards and other items they will require as they grow.
The current profit is about Kshs4500 (abt USD 52), once the business picks up we will see close to Kshs 225,000 (USD 2600) in the next eight months or so.