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

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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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Summary

Amount repaid

$38.90

Amount remaining

$0.00

Date repaid

Sep 2, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jul 25, 2017 $1.98 Jul 25, 2017 $1.98
Aug 1, 2017 $1.98 Jul 25, 2017 $1.98
Aug 8, 2017 $1.98 Jul 25, 2017 $1.98
Aug 15, 2017 $1.98 Aug 1, 2017 $1.98
Aug 22, 2017 $1.98 Aug 1, 2017 $1.98
Aug 29, 2017 $1.98 Aug 1, 2017 $1.98
Sep 5, 2017 $1.98 Aug 8, 2017 $1.98
Sep 12, 2017 $1.98 Aug 8, 2017 $1.98
Sep 19, 2017 $1.98 Aug 8, 2017 $1.98
Sep 26, 2017 $1.98 Aug 15, 2017 $1.98
Oct 3, 2017 $1.98 Aug 15, 2017 $1.98
Oct 10, 2017 $1.98 Aug 15, 2017 $1.98
Oct 17, 2017 $1.98 Aug 22, 2017 $1.98
Oct 24, 2017 $1.98 Aug 22, 2017 $1.98
Oct 31, 2017 $1.98 Aug 22, 2017 $1.98
Nov 7, 2017 $1.98 Aug 29, 2017 $1.98
Nov 14, 2017 $1.98 Aug 29, 2017 $1.98
Nov 21, 2017 $1.98 Aug 29, 2017 $1.98
Nov 28, 2017 $1.98 Sep 2, 2017 $1.98
Dec 5, 2017 $1.36 Sep 2, 2017 $1.36

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