Thank you zidisha team for the first loan you extended to me. my business was in the verge of collapsing but now its up...

Stephen

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Stephen

Member since

July 2013

On-time repayments

91 installments  •  65%

About Me

My name is Stephen Muthui, fifth born in a family of six. 3 years ago, i was a student taking Bachelors of Science in computing and information system (BCIS) at multimedia university but dropped due to financial constrains. Currently i run a small printing, selling of printing accessories and photography business in Nakuru town-Kenya. I started the business as its in my area of training in information and communication Technology (ICT) and by observing the demand of printing business and more and more people join institutions of higher learning in my area. My decision was also informed by the expansion of the town. More businesses are being setup and most of them need clerical works thus an opportunity to sell my goods.

My Business

My business name is Dweb Technology, situated in Nakuru town- Kenya. its a small printing, Computer repair and installation, selling of printing accessories and photography business. the printing ranges from small personal printing to mass printing which i out source as per the clients order. The only limiting factor is capital for most of the printing work require a large capital in which most banks are unwilling to lend or their interest rates are more than the business can pay. to supplement the printing, i sell printing materials and part time photography.

Loan Proposal

The second loan I am requesting will be used to add stock to my printing business in this high demand season . 50 % of the amount will go buying of various printing papers for different printout i.e photo papers for photos, newsprint for various receipt book printout and normal printing papers for doing photocopies. For the remaining half, 30 % will go to printing inks, 5 % to packaging materials and 15 % will be used for other miscellaneous activities to caution by business from running out floating cash and any other risk

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$303.00

Date disbursed

Jan 28, 2014

Repayment status

On Time

Projected term

14 months

Lenders

J

jeffb

United States

AWOL

USA, United States

P

Philippe

Adliswil, Switzerland

B

Bpryse

Long beach, United States

Silver

Steiermark, Austria

Kjartan

Oslo, Norway

K

k9rich

Bay Shore, United States

B

blahblah

Nuernberg, Germany

B

Bavarian

Bavaria, Germany

ReducedFat

Lake Forest, United States

Namaste250

Pittsford, United States

B

bgordon

United States

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