Inventory of printing paper

Paul

Mombasa, Kenya

36% repaid

Entrepreneur

Name

Paul

Member since

June 2014

On-time repayments

353 installments  •  77%

About Me

My name is Paul Materi born in 1963 in Nairobi area. I am the first born in a family of 7 members. My parents are peasant farmers and live in the Rift Valley region. I am married with one child who is in secondary school I did my primary school course and later joined secondary school. I joined a teacher training college shortly after my secondary school where I graduated as a primary school teacher. I was posted Namanga Primary School where I worked for four years. I later quit the job and started my own business.

I am an active member of my church – Voice of Jesus where I serve as a church minister. This is voluntary work which I normally do on Friday morning and Sundays.

My Business

My business entails printing works where I print all kinds of publications. I do publications such as simple hand bills, stationery books, banners etc.

I also do branding in form of printing T-Shirts, mugs and signage. I serve small institutions such as churches and schools as well as large companies.
My turnover is about $1200 per month but most of this money goes into buying of raw materials and labour leaving me with a profit of about $300. Given access to credit I will be able to expand my business by stocking raw material for my printing work. I have employed two casuals who help me in doing this job. I hope to employ them permanently when the business expands.

Loan Proposal

Thank you Zidisha fraternity for giving me another chance to apply for another loan. I intend to buy a good stock of printing paper. I intend to get them from a neighboring country since I can get them cheaper over there.

I will use the entire amount to buy an assortment of papers which I hope to use for one year in my printing work. I will be able to save a lot of money since I am going to push for a huge discount for buying in bulk.

Thank you.

Feedback

2

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$859.00

Date disbursed

Apr 16, 2019

Repayment status

Late

Projected term

30 months

Lenders

Franmiguel

Perth, Australia

Paul Buchheit

Mountain View, United States

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  • Paul    Aug 21, 2021

    Have been ailing.

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  • Paul    Apr 25, 2021

    Being unwell thus out of business.

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  • Eric    Feb 24, 2021

    paul had low incomes over the past weeks and he said he will start to pay under reduced instalments

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  • Paul    Jan 18, 2021

    Low business income.

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  • Paul    Dec 10, 2020

    Am really sorry that i could not meet my obligation of paying my loan as i was supposed to do.
    This was due to me been unwell hence unable to work as expected. Hopefully i look forward to not failing to remit my instalments on time.
    Thanks in advance.

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  • Frank Mwenda    Dec 10, 2020

    Paul promised to resume making payments soon, he said his business is not doing well but he's optimistic it will improve soon

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  • Paul    Oct 13, 2020

    Due to some difficult in raising the amount because of low and sometimes no business at all,
    I kindly request that I be paying one hundred shillings for the next five weeks.
    Thanks in advance.

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  • Paul    Aug 14, 2020

    The business iam doing is low and cannot pay the full installment.

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  • Paul    Jul 9, 2020

    Am undergoing some financial constraints.The business is low but I do believe things will
    work out well in the near future. Thanks for understanding.

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  • Paul    May 28, 2020

    No business income.

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  • Paul    Apr 20, 2020

    It is difficult to raise the instalment at the moment because of the current financial problems.

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  • Paul    Mar 17, 2020

    Business is very low and raising the money is difficult at the moment.

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  • Paul    Feb 6, 2020

    Difficult in raising this amount due to low business income.

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  • Paul    Dec 30, 2019

    Low income from the business that am doing.

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  • Paul    Nov 18, 2019

    I have some financial constraints that will hinder me from making the anticipated installments.

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  • Paul    Oct 15, 2019

    I have a burning issue which had taken long long than expected.
    I also have arrears that i would like to complete before i resume the normapayment installments.

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  • Paul    Oct 5, 2019

    Due to unavoidable stressing circumstances i was unable to pay my loan installments in
    time. Am working on the issues that had arisen and hopefully will start doing so the soonest. Am sorry for any inconvenience caused to the organisation and the members at large. Sincere apologies to the wonderful lenders who had put a lot of trust in me.

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  • Paul    Jun 26, 2019

    Have an ailing relative who needs more care from me.

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  • Paul    May 10, 2019

    I have a sick relative am taking care of at the moment. Hopefully I will resume by the end of the five instalments. Thanks for giving us this option.

    Regards
    Paul Materi

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