Purchase of printing materials

David

Nairobi, Kenya

29% repaid

Entrepreneur

Name

David

Member since

November 2016

On-time repayments

55 installments  •  7%

About Me

An ICT graduate who is passionate about Technology and Graphic Design. Will wake up every morning to watch YouTube Tutorials on how to create classy designs and how to repair equipment.
I used to be employed as a Computer Tutor, my boss wasn't fair and he made me hate my job. He delayed payments always. At times he didn't pay at all. This resulted to me leaving the job and start graphic design.

With this curiosity one day i opened up laptop to repair it. What a day! returning it back became a mess. But later i managed after several attempts.

My Business

I repair computers, install software and Graphic design as the main job which involves
printing, branding and supply of office stationery.
I ventured into graphic design because i enjoy doing it and sometimes I come across complex designs that widen my mind.The main costs involved here is the purchase of printing materials, electricity, Tonner refil, internet and government taxes.
During good seasons when the profit margin is better, I usually invest with a view of acquiring other machines so that i may start printing on large scale.

Loan Proposal

I plan to buy printing papers of about $20.00 for printing some work to a client who placed his order with me recently. About $15.00, I'll use to pay a printer since I usually outsource printing services when i have to deliver work in time as in this case.
When the job will be delivered, i will use the profit to expand the business by buying more papers. Am also likely to get more clients from this job especially when the current client refers me to others.
Since this isnt a huge work, the profit margin wont increase as such but atlist it will add something little to the business.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$32.00

Date disbursed

Nov 1, 2017

Repayment status

Late

Projected term

6 weeks

Other loans

Lenders

MindMuse

Talking Rock, United States

G

Goldrivermob

Gold River, Canada

PG

Paul Graham

United States

Thomas

Sweden, Sweden

Humble Bundle Community

San Francisco, United States

B

Brian

Rancho Cordova, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

ML

Monty Lewis

United Kingdom

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Summary

Amount repaid

$9.06

Amount remaining

$22.51

Expected completion

Jun 20, 2018

Status

Repaying late

Installment amount

$0.98

Repayment History

Expected Payments Actual Payments
Nov 8, 2017 $0.98 Nov 22, 2017 $0.98
Nov 15, 2017 $0.98 Dec 23, 2017 $0.98
Nov 22, 2017 $0.98 Jan 27, 2018 $0.98
Nov 29, 2017 $0.98 Jul 19, 2018 $0.49
Apr 22, 2021 $0.49
Dec 6, 2017 $0.98 Apr 22, 2021 $0.49
Apr 26, 2021 $0.49
Dec 13, 2017 $0.98 Jun 10, 2021 $0.49
Jun 30, 2022 $0.49
Dec 20, 2017 $0.98 Jul 18, 2022 $0.20
Jul 27, 2022 $0.49
Sep 1, 2022 $0.30
Dec 27, 2017 $0.98 Sep 1, 2022 $0.20
Oct 4, 2022 $0.49
Jun 27, 2023 $0.30
Jan 3, 2018 $0.98 Jun 27, 2023 $0.69
Jul 5, 2023 $0.30
Jan 10, 2018 $0.98 Jul 5, 2023 $0.20
Jan 17, 2018 $0.98
Jan 24, 2018 $0.98
Jan 31, 2018 $0.98
Feb 7, 2018 $0.98
Feb 14, 2018 $0.98
Feb 21, 2018 $0.98
Feb 28, 2018 $0.98
Mar 7, 2018 $0.98
Mar 14, 2018 $0.98
Mar 21, 2018 $0.98
Mar 28, 2018 $0.98
Apr 4, 2018 $0.98
Apr 11, 2018 $0.98
Apr 18, 2018 $0.98
Apr 25, 2018 $0.98
May 2, 2018 $0.98
May 9, 2018 $0.98
May 16, 2018 $0.98
May 23, 2018 $0.98
May 30, 2018 $0.98
Jun 6, 2018 $0.98
Jun 13, 2018 $0.98
Jun 20, 2018 $0.07

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