Inventory of printing paper

Peter

Mombasa, Kenya

Funds disbursed

$0 to go

100% funded of $214 goal

days left

Follow Peter

How it Works

Entrepreneur

Name

Peter

Member since

May 2017

On-time repayments

135 installments • 77%

About Me

My name is Peter Wainaina. I am a father of 2 and I work in Mombasa town though I am originally from central Kenya where I grew up while helping my parents with their farming activities.

I have worked in many places ranging from hotels, hair salons and transport business.

My children are now young adults and one is doing a course in journalism while the other one is studying ICT in college.

My Business

I do different types of printing and branding. My production includes business cards, receipt books and all manner of publications. I also buy wall clocks and brand them in accordance with my clients (mostly corporate) needs.

My net income (on average) is about USD 400. My expenses are rent, electricity bills and wages. I am working hard to keep the business growing and enable me to buy bigger and better printing machines in future.

I do this with the help of one worker whom I pay on commission basis.

Project Proposal

The price of printing paper has recently shot up sharply, For this reason, more cash is needed to replenish my stock and this loan will greatly help me in this area. I intend to spend the entire amount by buying a new stock of assorted printing paper that I use for various printing jobs in my printing business.

I will use the accrued profit to grow my business further & repay this loan.

Thank you.