Kikai graphics

Rapela

Kitale, Kenya

100% repaid

Entrepreneur

Name

Rapela

Member since

February 2015

On-time repayments

206 installments  •  69%

About Me

My name is Rapella Odippo. I am 30years old, a Kenyan Citizen, living in Kitale Town. I come from a family of six, three brothers and one sister and I am the third born. I am a university graduate from Egerton University with a degree in Manufacturing Engineering. As it might be, it is quite difficult to get a well paying job in that sector, or in any sector for that matter. I graduated in the year 2010 but to date i have only managed to get small jobs here and there, some on short contracts. I also have skills in IT and that is what landed me at my last job. It was not well paying but i managed to save some good amount for over a period of two years. At least finally i had some small amount of money start me off in my business venture. I have a passion for agriculture. This is something i have wanted to do since my childhood and that is why i decided to venture into farming. I have done both animal and crop farming before. I have kept chicken especially the layers, i have rared sheep and goats, planted kales, carrots, cabbages and some other various vegetables. That is why i decided to go back to it, as it is something i know i can dedicate my time and resources. I have a sizable piece of land where i have already constructed a chicken house and the rest i have planted vegetables and watermelons. It is this passion that i have turned into a business venture that I want to finance and push it to be the best business of its kind in the region. My dream is to develop this into a sustainable source of income for me and even to create employment for other. Furthermore, I also have a keen interest in graphic design which i have already ventured in, thanks to the last loan. This is the area in which am building now since my chicken business is stable and can stand and run on its own.

My Business

My Business

My business is called Kikai Graphics. It is a design and graphics business where we make logos, banners and other promotional materials for my clients. I diversified in this area of business because it is one of my passions. In my previous loans, I started a chicken business which has proven to be very successful and is now running on its own. All my energy is now in the growth of Kikai Graphics. The very last loan enabled me to furnish the interior and get some equipment to start me off. This however was not enough to complete the whole job, especially the interior. The business is currently doing well, within the limitations that it has. However it has a potential to shoot up and compete comfortably with its competitors in the market. This can however be achieved only with improvement in my equipment and the acquisition of some new improved ones.

Loan Proposal

With my last loan, I diversified into Graphic design Business. My business is called Kikai Graphics. I got a room, and furnished the inside, and with the little that remained, I bought some machines that I would need. I also managed to put some work to the interior though I did not complete, as the funds were not sufficient for the complete work.
The new business currently is able to pay the monthly rent of $90. It has also managed to grow from the projected weekly income of $30 to about $100 weekly. This has enabled me to pay my weekly loan of $10 comfortably. It has also enabled me have some little surplus for my family. I am able to pay my house rent on time too.
Despite the success to my business so far, I am experiencing some challenges, especially in terms of equipment I need to run the business more efficiently. I only managed to buy a small Epson printer, which has been good for my business but a bit limiting in terms of the type of print works I can do or offer. From my market research, a bigger printer like the Konica Minolta Bizhub would be much better for the business. With this printer I can do more mass production of high quality documents.
The printer currently goes for about $1,700 locally. Personally, I have managed to save $900 for both my chicken business and my new graphics design business. That leaves me with a cash deficit of $800. That is the amount I wish to get from the new loan.
With the acquisition of the new printer, I project my weekly income to increase to $150. With that amount, I know I will be able to repay my loan comfortably, and at a higher weekly rate of about $20. With that increased income, I will also be able to finish the interior of my business premise, which is important as a marketing tool to get more quality clients.

All in all, this loan will be a big boost to my graphics design business, and will also improve a lot my family's standards of living

Thank you zidisha team in advance

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$506.00

Date disbursed

Nov 16, 2017

Repayment status

On Time

Projected term

11 months

Lenders

ErikN

Stockholm, Sweden

Cloudways

Malta, Malta

fairspirit

Utrecht, Netherlands

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

M

msaari

Tampere, Finland

raychieng

Sibu, Malaysia

N

NateKettles

South Africa

Paul Buchheit

Mountain View, United States

johnhudson

Washington, DC, United States

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

Dave Bogard

New York, United States

MW

Matt Willis

United States

W

Wade

United States

Kevin

San Francisco, United States

PG

Paul Graham

United States

N

Nick

United States

A

Allie

Australia

RT

Rob Torti

United States

JA

Jan Andresen

Hamburg, Germany

S

Stephanie

Los Angeles, United States

D

Dalton

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

Adam Fraser

Cambridge, United Kingdom

R

RMIM

United States

WC

Walter Clarke

Phoenix, United States

Paul Buchheit

Mountain View, United States

Tyler Metcalf

Utah, United States

A

Anonymous

United States

A

Anonymous

United States

CL

Cathey Leach

United States

AK

Aleks Kovski

United States

M

Mushbugg

United States

JO

Jeff OHaleck

Seattle, United States

Remo

Switzerland

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Summary

Amount repaid

$505.62

Amount remaining

$0.00

Date repaid

Oct 13, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Nov 29, 2017 $19.71 Oct 24, 2017 $19.71
Dec 6, 2017 $19.71 Oct 24, 2017 $19.71
Dec 13, 2017 $19.71 Oct 24, 2017 $19.71
Dec 20, 2017 $19.71 Oct 24, 2017 $19.71
Dec 27, 2017 $19.71 Oct 24, 2017 $11.98
Feb 17, 2018 $4.93
Feb 28, 2018 $2.80
Jan 3, 2018 $2.13 Feb 28, 2018 $2.13
Jan 10, 2018 $0.00
Jan 17, 2018 $0.00
Jan 24, 2018 $0.00
Jan 31, 2018 $0.00
Feb 7, 2018 $0.00
Feb 14, 2018 $0.00
Feb 21, 2018 $0.00
Feb 28, 2018 $0.00
Mar 7, 2018 $4.93 May 2, 2018 $4.93
Mar 14, 2018 $4.93 May 2, 2018 $4.93
Mar 21, 2018 $4.93 May 2, 2018 $4.93
Mar 28, 2018 $4.93 May 2, 2018 $4.93
Apr 4, 2018 $4.93 May 2, 2018 $4.93
Apr 11, 2018 $4.93 May 11, 2018 $4.93
Apr 18, 2018 $0.00
Apr 25, 2018 $0.00
May 2, 2018 $0.00
May 9, 2018 $0.00
May 16, 2018 $0.00
May 23, 2018 $0.00
May 30, 2018 $0.00
Jun 6, 2018 $0.00
Jun 13, 2018 $1.00 Jun 9, 2018 $0.99
Jun 14, 2018 $0.01
Jun 20, 2018 $1.00 Jun 14, 2018 $0.98
Jun 14, 2018 $0.02
Jun 27, 2018 $1.00 Jun 14, 2018 $0.37
Jun 21, 2018 $0.62
Jul 4, 2018 $1.00 Jun 21, 2018 $0.36
Jul 3, 2018 $0.63
Jul 11, 2018 $1.00 Jul 3, 2018 $0.35
Jul 5, 2018 $0.64
Jul 18, 2018 $4.93 Jul 5, 2018 $0.34
Jul 20, 2018 $4.58
Jul 25, 2018 $0.34 Jul 20, 2018 $0.34
Aug 1, 2018 $24.64 Jul 27, 2018 $4.93
Aug 6, 2018 $19.71
Aug 8, 2018 $24.64 Aug 9, 2018 $24.64
Aug 15, 2018 $24.64 Aug 19, 2018 $24.64
Aug 22, 2018 $24.64 Aug 23, 2018 $24.64
Aug 29, 2018 $29.56 Aug 31, 2018 $0.99
Aug 31, 2018 $0.99
Aug 31, 2018 $0.99
Aug 31, 2018 $0.99
Aug 31, 2018 $0.99
Sep 3, 2018 $24.64
Sep 5, 2018 $29.56 Sep 7, 2018 $4.93
Sep 8, 2018 $3.94
Sep 9, 2018 $4.93
Sep 14, 2018 $1.97
Sep 14, 2018 $13.80
Sep 12, 2018 $29.56 Sep 14, 2018 $15.77
Sep 14, 2018 $0.99
Sep 14, 2018 $0.99
Sep 17, 2018 $3.94
Sep 17, 2018 $7.88
Sep 19, 2018 $29.56 Sep 17, 2018 $1.97
Sep 17, 2018 $0.53
Sep 26, 2018 $27.06
Sep 26, 2018 $29.56 Sep 28, 2018 $9.85
Oct 4, 2018 $19.71
Oct 3, 2018 $29.56 Oct 4, 2018 $17.74
Oct 10, 2018 $0.99
Oct 10, 2018 $0.99
Oct 11, 2018 $7.88
Oct 13, 2018 $1.97
Oct 10, 2018 $29.56 Oct 13, 2018 $29.56
Oct 17, 2018 $29.56 Oct 13, 2018 $29.56
Oct 24, 2018 $29.56 Oct 13, 2018 $20.24
Oct 13, 2018 $9.32
Oct 31, 2018 $0.53 Oct 13, 2018 $0.53

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