Henry
Wang'uru - Huruma Village, Kenya
100% repaid
Name
Henry
Member since
March 2015
On-time repayments
111 installments • 88%
I was born in Nairobi, in the slum of Mathare. I joined Mathari primary school in 1981. I was later enrolled in Eastleigh High School and Nairobi Institute College where I attained Diploma in Draughtmanship. I worked as a draughtsman until 2013 when I joined my wife who is a trained secretary in our family business. We have two children one in primary school and the other in secondary school. Both would like to join us when they finish school. Currently we leave in Mwea. This is a rice growing area under irrigation. When not in work I do community work and reading.
We started our business in 2010. We offer secretarial services i.e typing, printing, design of wedding and birthday cards and selling stationeries. We have currently started shooting passport photo. We decided to venture into this business after identifying the problem facing the residents: most of them are not learned. For instance some bring documents written in English to be translated in their mother tongue for them to understand. Our profit is currently 60% of our purchase which is approximately 480dollars per month. We use our profit to pay our family bills including school fees for our children and expanding our business.
With this money I want to buy photocopy paper 30rim which will cost me99$. These papers will help me Print exams and produce photocopies for exams for 400pupils. I belief it will help me deliver this work on time to my client.
I do expect after completion of this order for school, I will have increase my profit margin by 6%. This profit will help me to continue looking for more clients with confident that I will deliver their work without delay caused by lack of materials.
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Neutral
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Project Type
Classic Loan
Disbursed amount
$95.00
Date disbursed
Jun 16, 2015
Repayment status
On Time
Projected term
2 months
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