Inventory

Francis

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Francis

Member since

August 2016

On-time repayments

144 installments  •  60%

About Me

I am the last born of 6 children. I have a wife and a beautiful daughter. My parents have both retired in the village and they depend on us to sustain them. I have a bachelors degree in information technology. After 5 years of looking for work and failing, i decided to open a small shop next to a college in my area. I focused on offering photocopying, printing and typing services to the college students. I started 2 years ago and now the business has grown in leaps and bounds. Through hard work and dedication, i hope 2018 will be even better for me. When i am not at work, i spend alot of time with my family, watch movies in the house and read novels.

My Business

I have a Shop offering Cyber, Copy and Printing Services. Apart form this, i also bind special reports that need to be bound and collated, Scan and Laminate documents. The secret to succeeding in this business lies in diversification. In future, i wish to open an online business and run an eCommerce store using my cyber cafe as my physical address.
An average of total revenue per month is $500. With the profit, i am able to pay for my business rent and re invest in the business, house rent and general house expenses.

Loan Proposal

The above loan will be used to buy inventory for binding and printing.
Printing Papers - $18
Binding Materials - $20
Printing Ink for printer & Photocopier - $30
Dust Blower (Aid in Service & Maintenance of printer and PC )- $10
The above inventory will help my business offer better and faster service to my clients enabling me maintain current clients and get new ones at the same time. The profit margin will be 30% of the total cost. ie $24
Thank you for your consideration.

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$81.00

Date disbursed

May 21, 2017

Repayment status

On Time

Projected term

7 months

Lenders

The Zinc Team

San Francisco, United States

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$81.09

Amount remaining

$0.00

Date repaid

Aug 22, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
May 29, 2017 $4.93 May 29, 2017 $4.93
Jun 5, 2017 $4.93 Jun 6, 2017 $4.93
Jun 12, 2017 $4.93 Jun 15, 2017 $4.93
Jun 19, 2017 $4.93 Jun 15, 2017 $4.93
Jun 26, 2017 $4.93 Jun 29, 2017 $4.93
Jul 3, 2017 $1.97 Jul 9, 2017 $1.97
Jul 10, 2017 $1.97 Jul 9, 2017 $1.97
Jul 17, 2017 $1.97 Aug 2, 2017 $1.97
Jul 24, 2017 $1.97 Aug 3, 2017 $1.97
Jul 31, 2017 $1.97 Aug 3, 2017 $1.97
Aug 7, 2017 $1.97 Aug 3, 2017 $1.97
Aug 14, 2017 $1.97 Aug 3, 2017 $1.97
Aug 21, 2017 $1.97 Aug 3, 2017 $1.97
Aug 28, 2017 $1.97 Aug 21, 2017 $1.97
Sep 4, 2017 $1.97 Aug 21, 2017 $1.97
Sep 11, 2017 $1.97 Aug 21, 2017 $1.97
Sep 18, 2017 $1.97 Aug 21, 2017 $1.97
Sep 25, 2017 $1.97 Aug 21, 2017 $1.97
Oct 2, 2017 $1.97 Aug 22, 2017 $1.97
Oct 9, 2017 $1.97 Aug 22, 2017 $1.97
Oct 16, 2017 $1.97 Aug 22, 2017 $1.97
Oct 23, 2017 $1.97 Aug 22, 2017 $1.97
Oct 30, 2017 $1.97 Aug 22, 2017 $1.97
Nov 6, 2017 $1.97 Aug 22, 2017 $1.97
Nov 13, 2017 $1.97 Aug 22, 2017 $1.97
Nov 20, 2017 $1.97 Aug 22, 2017 $1.97
Nov 27, 2017 $1.97 Aug 22, 2017 $1.97
Dec 4, 2017 $1.97 Aug 22, 2017 $1.97
Dec 11, 2017 $1.97 Aug 22, 2017 $1.97
Dec 18, 2017 $1.97 Aug 22, 2017 $1.97
Dec 25, 2017 $1.97 Aug 22, 2017 $1.97
Jan 1, 2018 $1.97 Aug 22, 2017 $1.97
Jan 8, 2018 $1.97 Aug 22, 2017 $1.97
Jan 15, 2018 $1.19 Aug 22, 2017 $1.19

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