Loan to purchase a laminator

Jane

Githurai, Kenya

100% repaid

Entrepreneur

Name

Jane

Member since

February 2015

On-time repayments

218 installments  •  59%

About Me

I was born in a family of three. Being the first, I have had to make sacrifices in order for my other siblings to have a chance to study, since my parents do casual job which are not so reliable.

After my O-levels, I worked in a clothing store, thereafter in a phone & accessories shop where I used to sell phones and operate m-pesa [mobile money transfer]. After there, I was employed as a cyber[cafe] attendant, where I gained passion for the cyber business.

Later I bought a desktop and a printer with which I started with my printing and type setting job, which I operate today.

My Business

My business involves printing, typesetting, writing people's projects and solving other business printing issues. I also help people in making online job applications and accessing various government services like applying for a KRA PIN or driving license. My typical costs are papers, offices space, electricity, and internet. I normally use my profits to support my family and siblings who are still in school.

Loan Proposal

I plan to utilize my first loan in buying a laminating machine.
I have been having various customers who need to seal their document but i have not been able to deliver on this service due to lack of a laminator.
A laminator cost 10,000 Kshs.
By having a laminator i will not only be able to fulfill my clients need but it will attract more customers since they will be able to print and seal their documents at one place. This will translate to more business to me.

Show original English  

About Me

Am born in as family of three. Being the 1st i have had to make sacrifices for in order for my other siblings to have a chance to study since my parents do casual job which are not soo reliable.
After my O-levels i worked in a clothing store, there after in a phone & accessories shop where i used to sell phones and operate m-pesa.
After there i was employed as a cyber attendant, where i gained passion in cyber business. I started small in the cyber business and has grown gradually in the business.

My Business

My business involves printing, type setting, writing people’s projects and solving other business printing issues, photocopying, laminating and scanning of documents. I also help people in making online job applications and accessing various government services like applying KRA PIN, driving license, good conduct, passport and visa, vehicle search and registration among many others.
Even though the use of smart phones is on the rise cyber services are still on high demand because not all people are able to maneuver the internet and get services they need. In the cyber i am able to give personalized services and followups on clients works.
My costs in the business are internet connection, offices space, electricity, printing materials and various stationary.
I normally use my profits to cater for my family basic needs as well as salary for one assistant that i have employed. It's also through this this business that i've been able to pay part of my school fees for my diploma that i finished recently and i will be graduating by the end of the year.

Loan Proposal

I plan to utilize my first loan in buying a laminating machine.
I have been having various customers who need to seal their document but i have not been able to deliver on this service due to lack of a laminator.
A laminator cost 10,000 Kshs.
By having a laminator i will not only be able to fulfill my clients need but it will attract more customers since they will be able to print and seal their documents at one place. This will translate to more business to me.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Mar 6, 2015

Repayment status

On Time

Projected term

4 months

Lenders

Paul Buchheit

Mountain View, United States

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