Printer purchase

Maxwell

Kaloleni-nairobi, Kenya

100% repaid

Entrepreneur

Name

Maxwell

Member since

May 2017

On-time repayments

177 installments  •  49%

About Me

Iam a young industrious and hardworking upcoming entrepreneur and professional, having come from a humble background. In my early years of education I used to struggle a lot as we could help our parents to till the little piece of land we had to makes our ends meet .Sometimes we could work in tea plantations so that we could have our daily meal and to add to this challenges our father used to drink so he could sell the little property we owned and the food we gathered to quench his alcohol thirst but I was able to sail through to high school with the support from my hardworking mother and bursaries from mp.Afterwards I passingy exams and was privileged to join University through Government sponsorship. After university I was not able to secure a job which forced me look for other alternatives that is when I started to venture into business.

My Business

When I was not able to secure a job opportunity after university I started a small scale business of selling honey and used to work as casual labor at local company.The main challenge i s that honey selling is seasonal and hence revenue comes seasonally. I have also ventured into small scale farming and it has started to pic though it needs more farm inputs in order to realize higher profits.Amidst this I starter a cyber café which has become a more income generating business though I now want to expand and start another one in the remote home place where people take 7km inorder to get a cyber hence capitalizing on the market

Loan Proposal

I would like to purchase a new three in ona printer that will enable me to do my work faster and efficiently and cost effective since the current printer is abit old hence constant maintenance and servicing which is becoming uneconomical. The new printer is projected to be $350

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Loan Info

Project Type

Classic Loan

Disbursed amount

$195.00

Date disbursed

Nov 1, 2017

Repayment status

On Time

Projected term

14 months

Lenders

Paul Buchheit

Mountain View, United States

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