Name
Milcah Wairimu
Member since
October 2012
On-time repayments
15 installments • 20%
My name is Milcah Wagura.I am married with three school going children.I am a business lady with no other occupation.I am a diploma holder of front office from a college in nairobi.Before i used to work but later i started a business that did so well that i had to leave my job to concentrate with it.It has been a success so far.I started my business because even when i was employed,it earned me more money than my office work.With the earnings from my business,i pay my childrens school fees,pay bills,and also stock my business with printing materials.
I started my business three years ago.I do ,printing ,photocopying and typing.There is demand for this services now that the world as gone technology way.My customers prefer my business because my prices are good.My business is very much profitable because it sustains my family and i have been doing it all long without regrets.Well,the risks are not many just that i need to grow my business and that why im requesting for this loan to buy an extra printer because my customers are many and i only have one printer at the moment.My typical monthly costs on rent,electricity.catridge etc is 20,000.My sales is 60,000 So,that leaves my profits at 40,000.
The purpose of the loan is business expansion. I need to increase stationery stocks that is reams, printing materials and to purchase a printer that doubles as a scanner, and a lamina-tor. i have been turning away customers in need of lamination services and decided to get one instead of sending them else where. My shop will be a one stop where customers will find most of their needs met, this will increase my sales and therefore high profits and most important to satisfy my customers.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$478.00
Date disbursed
Nov 14, 2012
Repayment status
Late
Projected term
16 months
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