Stock of paper, ink, and packaging materials
Stephen
Nakuru, Kenya
47% repaid
Entrepreneur
Name
Stephen
Member since
July 2013
On-time repayments
91 installments • 65%
About Me
My name is Stephen Muthui, fifth born in a family of six. 3 years ago, i was a student taking Bachelors of Science in computing and information system (BCIS) at multimedia university but dropped due to financial constrains. Currently i run a small printing, selling of printing accessories and photography business in Nakuru town-Kenya. I started the business as its in my area of training in information and communication Technology (ICT) and by observing the demand of printing business and more and more people join institutions of higher learning in my area. My decision was also informed by the expansion of the town. More businesses are being setup and most of them need clerical works thus an opportunity to sell my goods.
My Business
My business name is Dweb Technology, situated in Nakuru town- Kenya. its a small printing, Computer repair and installation, selling of printing accessories and photography business. the printing ranges from small personal printing to mass printing which i out source as per the clients order. The only limiting factor is capital for most of the printing work require a large capital in which most banks are unwilling to lend or their interest rates are more than the business can pay. to supplement the printing, i sell printing materials and part time photography.
Loan Proposal
Ill use the loan to add stock to my business. First ill buy printing papers and then parkaging materials for long distance orders. The remaining amout ill use to buy ink for my inkjet printer and tonners.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$85.00
Date disbursed
Jul 25, 2017
Repayment status
Late
Projected term
4 months
Other loans
Lenders
Østre Gausdal, Norway
Jake Gibson and Beverly Picardo
San Francisco, United States
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