Purchase of a faster printer for producing greeting cards

Stanley

Egerton, Kenya

100% repaid

Entrepreneur

Name

Stanley

Member since

March 2014

On-time repayments

58 installments  •  71%

About Me

Stanley is a humble gentleman from a humble Christian background. Having been brought up in a Christian family i am impacted with strong moral conduct. I am a graduate in agribusiness management from Egerton university main campus. Due to lack of employment and 3 years of unemployment, i decided to start a venture, which would sustain my life and later help me further my education. I wish to enroll in master’s program once my business stabilizes. I purchase more stock to expand my business with the profits i get from my business as well as saving a certain percentage for my education. I also use some of the funds i get from the business help my younger siblings continue with their education at least to the level i am.

My Business

I wish to applaud Zidisha team for the support they have granted me so far. My business started as a small enterprise but have now grown to a large business. It started about an year ago and progressive changes have been occuring thanks to Zidisha. It started as a graphic design center, photo printing, and now have expanded to a cyber cafe. Zidisha has helped me purchase different equipment which i utilize in the cafe such as a digital printer, photo printing papers and furthermore relocation to a larger room.
I wish to thanks Zidisha and all the donors who have supported me this far. Once again, as my business grows there is a dire need for a binding machine. I which to purchase my own binding machine and return one i had borrowed from a friend. I have been renting the machine for quite some time now and it really does some good work. Upon purchasing my own binding machine, i will be able to enjoy the full profits from the binding work. I know Zidisha will financially help me in this.

Loan Proposal

I WILL USE MY LOAN TO PURCHASE A FASTER AND MORE EFFECTIVE PRINTER WHICH IS A SECOND HAND A 3500/=. THIS WILL HELP ME PRINTER HIGH QUALITY AND A LARGE NUMBER OF CARDS TO MEET TO RISING DEMAND. THIS WILL INCREASE MY INCOME BY 30% OF THE CURRENT INCOME. THROUGH THE PRINTER I WILL ALSO EXPAND THE BUSINESS BY TAKING IN MORE ORDERS FROM A DIVERSE GROUP OF PEOPLE.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Mar 24, 2014

Repayment status

On Time

Projected term

2 months

Lenders

E

Escalada

Bakersfield, CA, United States

R

robertsk

Yuba City, United States

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  • Stanley    Jan 17, 2016

    Hi Zidisha Team,

    I am very sorry about my late repayment. I was having financial challenges as a result of some legal cases that befell me over the festive season. However, i am past it and have resumed work. I am looking forward to clear the entire loan soon.

    Thanks

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  • Stanley    Sep 11, 2015

    Hi Zidisha Team,

    I wish to reduce my repayment installment to Ksh 200. This is because the location in which my business is located is new the university and currently the student are at home for their short holiday. I am therefore offering services only to the local community members and a few school based students. Kindly.

    Thank You

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  • Stanley    Aug 22, 2015

    Hi Zidisha team,

    Bearing in mind that my business is located outside the university, most of my daily service are tended to students. since the students have proceeded for a short holiday, I have not been able to generate enough funds. I therefore wish to reschedule my payment to 30/8/2015. Kindly consider my request.

    Thank you.

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  • Wendy Emlyn    Aug 18, 2015

    Thanks for your first payment, Stanley.
    God bless you,
    Wendy

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  • Stanley    Aug 12, 2015

    Hi amazing lenders, i enrolled to study my graphic module ii which i hope to complete within the next one and half months. Thanks for supporting me. Be assured that i will not disappoint your efforts to support me. Thanks.

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  • Stanley    Aug 3, 2015

    Hi amazing lenders. I received the funds. I am greatful for your support. I am going to enroll for my graphics course module ii immediately. Thanks once again for making my business stable. Through your support I can see a bright future ahead.

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  • Stanley    Aug 1, 2015

    Thank you my lenders for funding my loan. You make my dreams come true each day through the financial support you avail to me. I am going to register for Module ii immediately.

    Thanks.

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  • Stanley    Jul 30, 2015

    I wish to say that i am no longer jobless. Through Zidisha i have started a business which i can now call my own. I am proud that i am self employed despite high unemployment challenges in Kenya.

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  • Stanley    Jun 3, 2015

    Hi,

    I wish to inform my lenders that my Business is running fairly despite a few ups and downs here and there. Thank you for your financial support towards helping achieve my dreams.

    Thank you.

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  • Stanley    May 21, 2015

    Hi,
    I wish to thanks my lenders for helping me purchase a binding machine. I have binded three books so far despite the machine being just two days old. I am very happy and appreciative as i can see my business rise to high level. I anticipate to increase my profit by a margin of 5% before the end of this month. I will however inform you appropriately. Thanks.

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  • Stanley    Apr 29, 2015

    Hi, i confirm the receipt of funds. Thank you to all my lenders. It is because of your support that my business is thriving. You continued support has really helped me. May your helping hand be blessed to help many others in financial needs.
    Thanks once again.

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  • Stanley    Apr 21, 2015

    Thanks for accepting to fund my loan. My business is progressing because of your support.

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  • Stanley    Jan 16, 2015

    Hi Zidisha Team. I wish to reschedule my loan repayment to 25th January 2015. I received the funds and I have been running up and down seeking for the registration of the graphic design course I had informed you. I have finally secured a part time class in the University and hence will resume business appropriately coming week.. Kindly allow me to start repaying the loan on 25th Jan 2015. Best regards.

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  • Mike Denz    Jan 7, 2015

    Good luck my friend.

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    • Stanley    Jan 8, 2015

      Thank you Mike. I am going to work extra hard and am sure soon my life goals and dreams will come true. I heartily appreciate. Thank you once againg.

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  • Stanley    Jan 6, 2015

    Thank you Zidisha for helping purchase photo printing papers especially during this festive season. This is the season in my location where people like to have photos together with their friends while merry making. i have printed many such photos which have really bosted my business. Actually my monthly profit have doubled during this season. Thank you to all my lenders.

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  • Stanley    Dec 31, 2014

    Thank you Zidisha for helping me purchase photo printing papers especially during this festive season. I have printed many photos and this have really boosted my business. I have recorded about 10% improvement to my business. Thanks a lot.

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  • Stanley    Aug 19, 2014

    Thank you Zidisha for being patient with me even in hard time. I do appreciate your support and thank you for the support. Its only through you that i am where i am in terms of entrepreneurship and business growth. thank you once again.

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    • CMK71    Aug 20, 2014

      Have you been able to move into the larger space yet? Is that working out as you hoped?

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      • Stanley    Aug 20, 2014

        Hello CMKK71. I have moved to a larger building and the loan given to me really helped me. The new large building is at strategic place which is clearly visible by many people in comparison with the previous place which was a bit hidden. This will increase my customers hence more sale of service.

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        • CMK71    Aug 20, 2014

          That is great to hear! I would love to see a photo of some of your cards sometime if you have convenient access to a camera. Christy Kotowski

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          • Stanley    Aug 22, 2014

            Hi Christy,

            I will send the photos to you once i get a good camera although it is in my next agenda to purchase one to help me ensure my photo printing session in my business is good. hope Zidisha will help me.

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        • Stanley    Aug 22, 2014

          Hi Christy.

          For instance this is a card i had been publishing in my computer but not yet completed. I will send you photos of more cards and pictures i have been designing once i get a good camera.

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  • Stanley    Jun 20, 2014

    Due to heavy rains that have been experienced in my area, there has been power blackouts and shortages which has led to wavering income to my business. The power failures have also led to collapse of one of my machines which is undergoing repair in Nakuru town. I therefore which to reschedule my loan to 27th June where i will repay a double amount of ksh 1000. sorry for any inconvenience caused.

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  • Stanley    Jun 3, 2014

    Thank you Zidisha for the far that you have supported me despite some ups and down. i am grateful that my business is a step ahead and have more long term and reliable customers. This has been led by the reliable services that i have provided for them with the printer you helped me purchase.

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  • Stanley    May 26, 2014

    Thank you Lilian. I will reschedule since i have been out of my work place for some time. But will repay the loan in full next time.

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