Equipment for recycling printer cartridges

Muhande Zachary

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Muhande Zachary

Member since

April 2014

On-time repayments

330 installments  •  72%

About Me

My name is Zachary Muhande, a father of six children. Two school going and the other four are out of school. I was born 53 years ago in Western Kenya and later came to Coast region of Kenya where I was employed as an office machine technician.

I was employed for twenty years where I gained important experience and started my own business dealing with office equipment in 1998. The business has been in operation since then through hard work and support from family and friends. I am based in Mombasa but my family is in Western Kenya where I visit them once in a while.

My Business

My business deals with office equipment particularly photocopiers and computer printers. I also sell toner and ink cartridges for printers and photocopiers. I have one worker who helps me in the workshop and to run errands. I also recycle toner cartridges for clients who cannot afford to buy new ones.

I make a net profit of about $400 and an injection of more capital that I am requesting will go a long way in expanding my business.

Loan Proposal

As aforementioned, my work involves refilling printer cartridges with toner. I normally buy used toners at around 2USD, refill them with toner and then supply them to clients. The process involves opening up the cartridge, cleaning it and replacing some parts if necessary. The cartridge is then refilled and sealed ready to be delivered to the client. This can cost anything between $10 to $30 depending on the condition and the capacity of the toner.

However the process is not always 100% successful. The failure rate is about 30% and the only way of ascertaining that the toner is working is by testing it using a printer. Unfortunately, the toners are not of a standard type and there are almost every printer uses its own unique type. This is where the challenge lies since I sometimes deliver the cartridges without testing them first only for them to fail on the customer’s desk. This not only embarrassing but also wastes a lot of my time (some of my clients are about 50 kilometers away) and even worse spoils my reputation

There are five common types of printers that are used in this region but I only have one type in my workshop. If I am funded I am going to buy 3 more printers for testing my finished products. These printers sell for $300 each; however, I am buying them used from another refilling company at a reduced cost of $180 each. They are lightly used and come with all the needed accessories. I will use any remaining amount to buy more used cartridges to recycle.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$654.03

Date disbursed

Jun 30, 2015

Repayment status

On Time

Projected term

66 months

Cost to entrepreneur

Service fee: $32.70

Lenders

A

Anninymouse

Southampton, United Kingdom

M

mikedufty

Perth, Australia

C

Christian

Saarbruecken, Germany

D

Delph007

Den Haag, Netherlands

S

syklop

Lausanne, Switzerland

mbunifu

San Jose, United States

D

dkapplerb

Toronto, Canada

cyrus0302

San Francisco, United States

S

SeeBiscuit

Reston, United States

Charmonica

London, United Kingdom

J

JBosshardt

Redmond, United States

ErikN

Stockholm, Sweden

M

m_dennis

Toronto, Canada

Raoul72

Naarden, Netherlands

sarasofia

Stockholm, Sweden

Zidisha

Sterling, United States

AmeliaAndMatt

NSW, Australia

sebastienrosa

Quebec, Canada

G

guenter

Bremen, Germany

E

evanglend

Arlington, United States

S

Steveandson

Arlington, United States

J

JakeA

Wellington, New Zealand

L

Lttlefoot

Sydney, Australia

P

PeaceandLove

Morro Bay, United States

K

kipwhite

California, United States

DaveinPerth

Perth, Australia

BJ

Brandon Joz

North Carolina, United States

F

FCPLending

brooklyn, United States

Jeff and Marcie

Portland, OR, United States

B

blahblah

Nuernberg, Germany

J

jjiffer

Seattle, United States

N

NancyG

Victoria, Canada

A

AlexCheng

Seattle, United States

J

jdhowa2

Louisville, KY, United States

J

JNale

Reedsville, PA, United States

C

CheesemanDan

Shanghai, China

A

Alicee

Munich, Germany

D

danny

Karlsruhe, Germany

H

hilde

seattle, United States

B

briansedz

Canton, Ohio, United States

beverly

Vancouver, Canada

EmilAsker

Lomma, Sweden

T

tmsaddress

Orlando, Florida, United States

J

Jazzie

Oklahoma City, United States

F

fisaire

Ithaca, United States

A

anonymous123

United States

tasos

hove, United Kingdom

G

grahamfamily

Guildford, United Kingdom

T

tonilends

catalonia is not:, Spain

J

jimmydjjr

Gautier, United States

E

explosionsky

Brooklyn, United States

M

missjoyy

Munich, Germany

SeeMeeFi

Ontario, Canada

L

lowtechmagazine

barcelona, Spain

Susansfund

Colorado Springs, United States

T

tomdeneire

Eke, Belgium

T

toscoman

Adliswil, Switzerland

Erica

Caledon, Canada

B

bopsquod

Seattle, Wa, United States

S

Serge

Bascharage, Luxembourg

A

AustA

Sydney, Australia

MicroFinancier

New York, United States

B

bgj21

Cambridge, United Kingdom

Cloudways

Malta, Malta

P

planespotter

Berlin, Germany

IA

Ismini and Jerry

Stamford, USA, United States

A

aiban

Austin, United States

T

the0bauman

Hillsboro, United States

E

EnhanceLife

Heber City, United States

B

bugsheep

Houston, United States

W

wogman

Evanston, United States

lorello

Vicopisano, Italy

AdvancingCompassion

San Diego, United States

H

Hello

Salisbury, United Kingdom

B

BClay

Campbell, United States

danielytao

Boston, United States

ads68

Melbourne, Australia

jimmycarterforever

Missoula, United States

T

tkromm

Agia Paraskevi, Greece

Vintagebeeinc

Youngsville NC, United States

M

mkellerman

Shanghai, China

basicus

Cairo, Egypt

A

Andy

Berlin, United States

fairspirit

Utrecht, Netherlands

rhagen

New York, United States

A

Anette

Uppsala, Sweden

Marktwain

Telford, United Kingdom

S

shrike718

West Chester, United States

J

Jamie

Vancouver, United States

T

Taupe

Balzers, Liechtenstein

S

Serene

Philadelphia, United States

paulclinton

malaga, Spain

Zal0m0n

Atlantis!!!! x), Mauritania

A

AndrewC

London, United Kingdom

D

Dealbert

Stockholm, Sweden

Lambie

Perth, Australia

Matthieu

Switzerland, France

xtrahardware

Cazenovia, United States

B

BMcDermott

Washington, DC, United States

H

haavi

Espoo, Finland

HealthcareProvider

Baltimore, United States

E

E

Marin county, United States

Parkmobile

Fort Bragg, United States

B

Branjsmith

Philadelphia, United States

H

happytrailsjpd

South Bend, United States

Q

QPWOEI

Norwich, United Kingdom

H

Haavard

Bergen, Norway

M

mibrahim51

Mountain View, United States

A

adelias

plymouth, United States

E

emilyeaton

New York, United States

G

Graceanne

milwaukee, United States

A

akshu71

Ottawa, Canada

D

dj9812

United States

M

Morgan1301

United States

L

liseman

United States

M

Molloy

Moorpark, United States

E

elhh82

Petaling Jaya, Malaysia

L

Leechy

Toronto, Canada

Matching Fund

Sterling, United States

P

Peaches

United States

O

osubucks45

United States

ScholaNatura

Czech Republic

A

adiipienaar

South Africa

A

alazybum

Australia

jonnyhj

Stockholm, Sweden

Paul Buchheit

Mountain View, United States

M

Mal57

Australia

J

JDerrig

Downers Grove, United States

P

plhughes

United States

A

abbasm

United States

B

bvirlet

United States

C

chatterbox

Gurgaon, India

M

maverick

United States

L

Lallarahiq

United States

A

ajayhk

San Jose, United States

D

DaddyBubba

Grandview, United States

mepster

San Francisco, Ca, United States

VK

Vasily Kudrin

Moscow, Russia

TyWee

Manila, Philippines

L

luckiestmonkey

United States

A

AlphaAres

Azerbaijan

AndrewNeu

Ho Chi Minh, Vietnam

Leonardia

Waddinxveen, Netherlands

J

JonAlec

United States

H

HLCharityFund

United Kingdom

I

idris

United States

A

afrakhan

United Kingdom

J

Joggele

Austria, Austria

SV

sven vdk

Twickenham, United Kingdom

SuperMario28

Cudahy, United States

K

Kelly729

United States

KM

Kirsty M

United Kingdom

M

Malte

Munich, Germany

Veeti

Helsinki, Finland

Villa Maria Outliers

Montreal, Canada

RM

Robbie McCullagh

Waverton, Australia

TM

Theo Mbise

Switzerland

SteveFylde

United Kingdom

One Love

Boston, United States

MW

Matt Willis

United States

WH

Walter Hill

United States

Thomas

Basel, Switzerland

H

Hazel

United Kingdom

Elly

Woudrichem, United Kingdom

NF

Nina Forsberg

Sweden, Greece

JC

Jethro Carr

Wellington, New Zealand

Paul Buchheit

Mountain View, United States

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