Request for a loan to purchase a laminator for my business

Cosmas

Nyamira, Kenya

100% repaid

Entrepreneur

Name

Cosmas

Member since

April 2017

On-time repayments

36 installments  •  67%

About Me

I started my education at Nyagokian primary and later joined Nyairanga secondary school where i attained KCSE CERTIFICATE
finally I joined Kisumu polytechnic where I was studying Information technology course and now am running a business at Nyamira. opposite a bank known as kenya women trust fund K.W.F.T

My Business

-am offering computer business services like photocopying,type setting, training computer illiterate students,repairing computers, offering internet services, taking instant passports .
- I decided to run this business because after I finished my school there was no employment opportunities.
-my business varies some times I can make a profit up to 25,000/= or more than 25,000 per month and some times it fractuates
-part of the profit i use to pay school fee for my brothers and sisters and part of the money I will buy some books for them .

Loan Proposal

My business being the only source of income for my family, i have to work hard to ensure i meet the basic needs for my family and also support my siblings. With that regards, the loan i have requested i will use to purchase the following.
1. A laminating machine - costing 50 dollars and will add more cash to the loan I will receive.
The machine will boost my sales as will get profit of 20 dollars per month from the machine only thus improving my profits per month.
Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$32.00

Date disbursed

Jun 20, 2018

Repayment status

On Time

Projected term

3 weeks

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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