Loan to buy spiral binding machine

Mwangi

Juja, Kenya

100% repaid

Entrepreneur

Name

Mwangi

Member since

September 2014

On-time repayments

24 installments  •  58%

About Me

I am Henry Ngure, 26 years old born in a family of seven siblings. having completed my degree course last year at jomo Kenyatta university of agriculture and technology where i was perusing a course in computer science. Since high school i have always been a technology enthusiast and that’s where i got my first computer packages lessons. Since then it has been a journey to satisfy my undying curiosity to know more and more about computers and technology as whole.

My Business

The business i run is my personal business. I run a cyber, i do typeset, photocopy, scanning and printing. The university is just around where my business is located and my main customers are students come for photocopy, printing and cyber services. My customers prefers my business to my competition because i am friendly and being a former student of the same campus , i understand what my clients want in terms of services and products . Having completed my course work , i am now committed to my business which i now operate from 0800hrs to 2000hrs. Having bought a new colour printer from my previous loan, my business revenue has risen from1500 to 2000 Kenya shillings in a day and am so grateful to my leaders.

Loan Proposal

Hello zidisha community, i really appreciate the selfless support offered to me by this community in terms of my previous loan to buy a colour printer which has contributed towards the growth of my business. However, am requesting for another loan of the amount stated above which will enable me to purchase spiral/comb binding machine that is aimed at enhancing my service delivery.
Since most of the students write and print their projects, research and assignments at my cyber and some lecturers might ask them to bind their work before presentation, am left with no option than to ask you for your support in getting one . Currently am using a borrowed one so as not to disappoint my customers who are very royal. The price charged vary according to the number of pages.
e.g from 1-30 pages = 0.3$
31- 50 pages = 0.5$
51-70 pages = 0.7$
71- 90 pages = 0.9$
91- 110pages = 1$
111- 130 pages = 1.3$
131>>pages = 1.5$
By buying this machine will help increase my revenue, i will appreciate your support once again. Am looking forward for a positive response in funding the loan.

Thank you in advance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Feb 12, 2015

Repayment status

On Time

Projected term

2 months

Other loans

Lenders

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  • Lewis    Jul 8, 2015

    hi zidisha lenders, i have tried to get in touch with mwangi but he was out of reach i will keep trying him.
    LEWIS NJAU
    V.M

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  • Lewis    Jul 2, 2015

    Hi lenders,
    i spoke to mr. Ngure today and he is doing very well indeed in his job. He promised to repay his arrears.
    Regards
    lewis njau

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  • Lewis    May 9, 2015

    Hi lenders, having spoken to ngure he promised to make his payment before the end of this month.

    Lewis njau
    v.m

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  • Mwangi    Feb 10, 2015

    Hey guys, so far am good, last year being my final year in campus, i was tied up by my project research and other course work but thanks to your patience, i can now say this is the greatest online community ever. Having been through with campus am now entirely committed to my business ie self employment. Having bought the new HP MFP M175 colour printer am now enjoying the profit of good investments thanks to you again.

    Thanks....

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  • Lewis    Jan 24, 2015

    hi lenders, i have tried to get in touch with mwangi but he was out of reach
    LEWIS NJAU
    V.M

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  • Lewis    Dec 17, 2014

    hi lenders mwangi ngure already bought a new printer i confirmed this by calling him just in the process of reminding him on how to make payments, i believe he will repay in time
    lewis njau
    V.M

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  • SeeMeeFi    Oct 3, 2014

    Hello Mwangi,
    I hope your new printer helps you increase your business and your profits! All the best!

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    • Mwangi    Oct 3, 2014

      Hello SeeMeeFi, looking forward to buying my new printer and leap the profit i have been missing out.

      Thank you very much for your loan.

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