Name
Patrick
Member since
July 2013
On-time repayments
47 installments • 21%
I am a kenyan who is born in a family of two. Being the second born I feel charged no to sussed in life due to financial problems to achieve my goals.I life and work in Nairobi kenya in one of the printing establishment.Having be trained as a printer I also have a small printing workshop which I operate in Nairobi town.In the workshop I have one computer and inkjet printer Am looking forward to buying a proofing machine which will not only low the cost of production but also increase my revenue turn offer.I have raised about 68% of the money to buy the machine and with the help of zindisha loan I will be in a better position to acquiring the machine
My business is operating in an area where their are small printing workshop which mainly do press and post press operations.I having majored in pre-press I stand a good chance to growing my business to coprate one.Currently I have three contract customers who have there work on daily bases.We offer design services and we are looking to production of print proofs.My customer preffer me for I produce high qulity designs and I deliver in time.The business is profitable and with the recrutement of a designer I find the reveneus on the rise which are about K sh 69000 in a month.I have about K sh 30000as my monthly cost with a profit of about K sh21000 in a month.The only risk I face is time from those with more machines.IN case of the business failing I would use my salary to repay the loan.
It will be used to fund my printing business.Will use it as a top up to the saving I have to purchase a printer in order to add to the machines I have.The establishment has a computer which I use to design and I am in need of a proof making machine so as to be more efficient with my work and also to serve my customer faster and more competent.I have raised about 78% of the cash needed and with the help of zindisha loan I will be in the position to purchase the machine.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$99.00
Date disbursed
Aug 9, 2013
Repayment status
Late
Projected term
47 months
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