Inventory of photocopy reams for my photocopying business

Edwin

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Edwin

Member since

June 2015

On-time repayments

30 installments  •  73%

About Me

I run a chain of stationery shops . the shops are six and located in different towns adjacent to each other . I've employed 20 employees . I'm a phd student ,a single parent , and a social worker for communities around my businesses.

My Business

my stationery business has six branches running in different towns. I've employed 20 employees from communities around my branches. each branch has an average net profit of € 2000. The projection this year is to expand 4 more branches and diversify my products.

Loan Proposal

I intend to buy more stock of photocopy reams. Each ream costs $0.75 cif mombasa.
This will increase my supplies and my profit margins. A percentage of the supplies deficit to my retailers will be catered for.
My profit margin from this loan transaction will increase my profit margin by $50

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Jul 16, 2015

Repayment status

On Time

Projected term

6 weeks

Lenders

M

Markus

Hamburg, Germany

PG

Paul Graham

United States

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Summary

Amount repaid

$52.25

Amount remaining

$0.00

Date repaid

Aug 26, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jul 26, 2015 $8.70 Jul 26, 2015 $8.70
Aug 2, 2015 $8.70 Aug 2, 2015 $8.70
Aug 9, 2015 $8.70 Aug 9, 2015 $8.70
Aug 16, 2015 $8.70 Aug 22, 2015 $8.70
Aug 23, 2015 $8.70 Aug 22, 2015 $8.70
Aug 30, 2015 $8.74 Aug 26, 2015 $8.74

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