More printing paper to boost my stock

Peter

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Peter

Member since

May 2017

On-time repayments

135 installments  •  77%

About Me

My name is Peter Wainaina. I am a father of 2 and I work in Mombasa town though I am originally from central Kenya where I grew up while helping my parents with their farming activities.

I have worked in many places ranging from hotels, hair salons and transport business.

My children are now young adults and one is doing a course in journalism while the other one is studying ICT in college.

My Business

I do different types of printing and branding. My production includes business cards, receipt books and all manner of publications. I also buy wall clocks and brand them in accordance with my clients (mostly corporate) needs.

My net income (on average) is about USD 400. My expenses are rent, electricity bills and wages. I am working hard to keep the business growing and enable me to buy bigger and better printing machines in future.

I do this with the help of one worker whom I pay on commission basis.

Loan Proposal

I will use the money to buy more rolls of printing paper. The paper is used widely for printing many types of publications and therefore they are always in high demand. I will buy them in form of large sheets and then have them cut into different sizes to suit the needs of my clients.

The profit realized will help me increase my operational capital while repaying this loan.

Thank you.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$39.00

Date disbursed

Jul 12, 2017

Repayment status

On Time

Projected term

4 months

Lenders

Paul Buchheit

Mountain View, United States

johnhudson

Washington, DC, United States

AG

Alexandre Genereux

Gatineau, Canada

PG

Paul Graham

United States

Jonathan Ely

Aldershot, United Kingdom

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

SB

Stephen B

United States

J

Jorrit

Eindhoven, Netherlands

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  • Tugiyono    Sep 9, 2022

    Hello sis, can you help me to increase my capital later I can share the results

    Translated by Google     Show original

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  • Peter    Sep 3, 2022

    I need a short grace period since I am yet to returns after investing this money. Thank you.

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  • Peter    Aug 29, 2022

    Thanks galore my dear backers for funding this loan to completion. I will use the money to buy a new stock of printing paper that I will use in my printing business.

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  • Makaio    Aug 29, 2022

    Best of luck with your business!

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  • Peter    Aug 16, 2022

    Through the last loan, I was able to stock printing papers that I use in my printing work. This gave me a big boost in my business. Thank you.

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  • Grace    Feb 26, 2020

    Good evening lenders.

    I talked to Peter and he promised to pay at least half of the remaining amount by end of this week. I encouraged him to pay something incase he doesn't get the whole amount he is targeting. I wished him all the best.

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  • Peter    Feb 20, 2020

    I will adjust this amount soon.

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  • Peter    Dec 7, 2019

    I will adjust to a higher amount later.

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  • Peter    Oct 27, 2019

    My business is not doing very well at the moment.

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  • Peter    Sep 17, 2019

    I need to invest the money into the business. I will then raise the installment to a higher amount later.

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  • Peter    Sep 3, 2019

    Thank you lenders for the loan. I will use the money to buy a stock of printing paper.

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  • Peter    Aug 21, 2019

    Thank you lenders. I used the money to buy more paper for doing my printing work and to sell to my clients too.

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  • Peter    Jul 9, 2019

    Kindly allow me to pay this amount since business is a bit unpredictable for now. Thanks.

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  • Peter    Jun 12, 2019

    I can only afford to pay KES 500 for now due to low business volumes.

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  • Peter    May 2, 2019

    I need a bit of time to recoup the money that I invested in the stock of printing paper. Thank you.

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  • Peter    Apr 25, 2019

    Thank you so much for funding me. I will use the money to buy more stock of printing paper.

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  • Peter    Mar 19, 2019

    Thank you lenders for loaning me. The money helped me a lot in my business.

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  • Jeremiah    Mar 1, 2019

    Dear lenders,
    Peter promised to be sending his arrears during this weekend period.

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  • Jeremiah    Jan 8, 2019

    I have contacted him and told him to pay the loan immediately.

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  • Peter    Nov 18, 2018

    My business is not doing well as my debtors have delayed to pay up. I hope to clear this loan as soon as the payments come.

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