Designing custom-decorated drinking mugs

Noelyne

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Noelyne

Member since

February 2015

On-time repayments

207 installments  •  38%

About Me

I had a happy childhood with both parents. Went to boarding school for primary and secondary education. I studied Bachelor of Business Administration in college but my interest is in arts and creative work so i decided to learn graphics out of passion that is why i started this business. I used to write calligraphy in my free time and sent to my send to my friends in school. My mom still keeps some of it at home. I still do the same now but at least now it is professional. I love to make gift items for my clients, it makes me happy to put a smile on someone's face. Nairobi is a great place with people from different cultures they love unique artistic or customized work and that is where i come in and make them their customized mugs, cards, water bottle , wristbands and many more. It is my way of life now. I am a hard-worker and determined to succeed in life.

My Business

I do graphic design, branding and general printing. I chose this business because it is on high demand printing is used in any kind of institution, it is also in demand because in this city people love unique and branded pieces of work that may contain their own picture or name. Things in my business move fast selling like hot cake and it is really profitable for me. Doing a logo can fetch up-to 2,000. When i brand one magic mug i spend 400 but i can sell it at 700-1000. I use my profits for inventories & my upkeep. My parents retired and I am always happy to help them with their finances and this business helps do that for them.

Loan Proposal

I would like to buy magic mugs each costs $3.8. Also normal white mugs each cost $1.2. Branding each is $0.5. When i have these in my shop i will be able to save on time costs because i go out to buy one piece when i get an order. so having them in-house it will be easy for me to deliver on time for my clients. So i will be able to make my client even happier and will make them recommend me more so i will get more referrals. My profits will increase by about 20% and it will grow more in when i do more work.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Mar 24, 2015

Repayment status

On Time

Projected term

2 months

Lenders

Lou Kaucic

Sanbornton, NH, United States

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