Kikai Graphics

Rapela

Kitale, Kenya

37% 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

I am very grateful for my last loan which, combined with what I had saved, enabled me to buy the Konica Minolta Bizhub printer for my printing business. This has greatly improved my business and enabled me to go through the high and low seasons fairly comfortably.
I intend to add new equipment to the business so as to improve on my income level. I need a plotter for vinyl cutting, used in t-shirt branding. This is a lucrative sector in the branding industry, and I wish to tap into is. Currently I have been outsourcing for both the material and the machine service. If I can have both in-house, my cost of production will be much lower, and my margin will improve greatly.
The plotter costs $1,285.00 locally. I have saved a total of $700.00 towards this purchase. I have a deficit of $585.00. This is the amount I wish to get from this new loan.
The purchase of this plotter will improve and increase my income from the current $150 per week to an average of $180 per week. This improvement will enable me repay my loan comfortably and in good time. This payment I project to be at a comfortable weekly rate of $20.
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

$515.00

Date disbursed

Oct 30, 2018

Repayment status

Late

Projected term

7 months

Lenders

TomF925

www.AfricaLeap.com, United States

TH

tom hd

United Kingdom

S

Sarah

Arlington, United States

Chris

Fairfax County Virginia, United States

Ryan Agnew

Australia

J

Netherlands

Lee

Washington, DC, United States

E

eoghan

Switzerland

Ask Rapela a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Timothy    Jun 27, 2019

    I have talked to Rapela and he has assured me to make repayment tomorrow in the evening.

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  • Timothy    May 21, 2019

    Rapela has communicated and assured me that he will make repayment tomorrow.

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  • Timothy    Apr 19, 2019

    Rapela has communicated as promised to make repayment next week Monday.

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  • Rapela    Mar 19, 2019

    Am not in a position to pay full amount

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  • Timothy    Mar 19, 2019

    Odippo has confirmed on make repayment today

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  • Rapela    Feb 4, 2019

    I am currently not able to pay the required amount due to some unforseen circumstances in my business. However i know i will have sorted out everything in a months time

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  • Timothy    Jan 30, 2019

    I have contacted Odippo and he has agreed to make adjustments and pay the loan by the end this week.

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  • Timothy    Dec 30, 2018

    Rapela has confirmed that he will make repayment starting new year, the first month of 2019.

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  • Rapela    Nov 4, 2018

    Hi lenders, i finally received the funds, an amount of $392. I have already made an order for the plotter, and will be updating you as soon as it arrives and get installed. Thank you very much

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  • Rapela    Oct 25, 2018

    Hi lenders, i am currently still waiting for the funds so that i mau buy the plotter i require

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  • Rapela    Oct 15, 2018

    Thank you very much.. I am much pleased and looking forward d to obtain the plotter. I believe it will bring me some much needed income to my business. I am very greatful.

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  • J    Oct 15, 2018

    Your loan is now fully funded. Please keep us posted with photos and news.

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  • Margaret    Oct 14, 2018

    Good luck Rapela with your new graphics machine, I hope it brings you much success!

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  • eoghan    Oct 14, 2018

    Good luck.

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  • Rapela    Sep 17, 2018

    My repayment is going well, and soon i will br through with the current loan

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  • Rapela    Aug 24, 2018

    I believe i am in a good position to increase my weekly installments

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  • Rapela    Jul 22, 2018

    I am increasing my payments because I believe I am now in a good position to pay that amount

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  • Rapela    Jun 8, 2018

    Things are a bit tough for me for now

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  • James    Apr 23, 2018

    Dear Lenders,
    I called Rapela this afternoon where he informed me that he is doing his best to resume on regular loan repayment. I advised him to keep it up to date so as to achieve a higher percentage for an increase in loan amount.

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  • Rapela    Mar 6, 2018

    I am currently not in a position to pay the previous amount of KES. 2000

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