Loan to boost my office supplies inventory

Godwin

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Godwin

Member since

March 2014

On-time repayments

356 installments  •  58%

About Me

I am a Kenya, born 55 years ago. I have worked for the last 30 years as an office machine technician. I am married with four children -one is married and the rest in college.

I was born in Mombasa town and I have spent most of my life here. My business is also located here. I am a well known technician due to my long period in this field. I work with a network of technicians who help do to clear jobs when the demand for my services is high.

My Business

I run a workshop in Mombasa where I repair and sell different types of office equipment. I get my clients from many offices which are in the town and other adjacent areas. My monthly income is about $600.00 and I spend this amount to pay for my rent, school fees, electricity and water bill and other personal expenses.
My business has many challenges especially lack of capital for buying stock and spare parts for the faulty machines.

Loan Proposal

The first loan helped me to dive deeper into supplies business. This is now my main occupation since I found it to be more lucrative and dependable than the support technical work that I was doing before.
However, this area requires a lot of capita since it entails buying and selling at a profit. The demands of my clients have grown exponentially and there is a need to boost my inventory. If granted this loan I will spend it as follows
1. Buy used 3 office printers at a total cost of $150
2. Buy assorted toners and ink cartridges for computer printers at a total cost of $150.
Given my long experience and my technical background, I feel I have an edge over other people in this field and I am sure I will make good returns within a short time.

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$290.00

Date disbursed

Nov 3, 2014

Repayment status

On Time

Projected term

6 months

Lenders

Pranjal

Noida, Kenya

J

Jessica

Patagonia, Argentina

HE

help each other

Glasgow, United Kingdom

Jouni

Finland

B

BClay

Campbell, United States

basicus

Cairo, Egypt

fairspirit

Utrecht, Netherlands

Generaal

Antwerp, Belgium

B

Bjoernanders

Tromsø, Norway

Lambie

Perth, Australia

A

Anonymous

United Kingdom

Matthieu

Switzerland, France

H

harrymore

Townsville, Australia

xtrahardware

Cazenovia, United States

HealthcareProvider

Baltimore, United States

T

thebonseung

Republic of Korea

Matching Fund

Sterling, United States

Vesa

Helsinki, Finland

P

Philip

Bremen, Germany

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

Please log in to comment.

  • Godwin    Aug 31, 2022

    Thank you Zidisha family for giving me the much needed boost. I'll now acquire the toolkit which I need for doing my repair work. Thank you once more.

    Log in to reply • Share
  • Maxwell    Aug 30, 2022

    It shall be well with you daddy

    Log in to reply • Share
  • Lucy    Aug 30, 2022

    Your request has been granted

    Log in to reply • Share
  • Godwin    Aug 28, 2022

    Thank you my backers for your valuable support which has made my life better by expanding my business through this facility.

    Log in to reply • Share
  • Madesto    Apr 2, 2021

    Godwin agreed to pay his loan by mid this month

    Log in to reply • Share
  • Godwin    Mar 18, 2021

    Right now I'm jobless and that is the amount I will try to pay

    Log in to reply • Share
  • Madesto    Feb 25, 2021

    Godwin promised to clear the dues very soon

    Log in to reply • Share
  • Godwin    Feb 9, 2021

    I am jobless and I'm trying very hard to service please bear with me

    Log in to reply • Share
  • Godwin    Jan 26, 2021

    I'm sorry right now I'm jobless. So I can't pay the amount.

    Log in to reply • Share
  • Godwin    Dec 6, 2020

    Please adjust my payments. Due to the epidemic of Corona I am jobless and finding work is very difficult

    Log in to reply • Share
  • Godwin    Oct 21, 2020

    This time of pandemic is very difficult to get employment. So I request for you to reduce my payments until things improve.

    Log in to reply • Share
  • Godwin    Aug 29, 2020

    My business is not doing well. I will change it later.

    Log in to reply • Share
  • Godwin    Jun 30, 2020

    I can only afford to pay this for now.

    Log in to reply • Share
  • Godwin    May 16, 2020

    I cant pay more than this for now.

    Log in to reply • Share
  • Godwin    Mar 23, 2020

    For now please.

    Log in to reply • Share
  • Godwin    Feb 6, 2020

    I will adjust very soon.

    Log in to reply • Share
  • Godwin    Dec 10, 2019

    I will change next month please

    Log in to reply • Share
  • Godwin    Oct 21, 2019

    I am unable to pay more than Kes 100 for now till much later.

    Log in to reply • Share
  • Godwin    Aug 17, 2019

    I can only afford to pay this amount for now.

    Log in to reply • Share


Loading...

Loading...

Loading...