Buy a perforating machine

Peter

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Peter

Member since

May 2017

On-time repayments

135 installments  •  77%

About Me

My name is Peter Wainaina. I am a father of 2 and I work in Mombasa town though I am originally from central Kenya where I grew up while helping my parents with their farming activities.

I have worked in many places ranging from hotels, hair salons and transport business.

My children are now young adults and one is doing a course in journalism while the other one is studying ICT in college.

My Business

I do different types of printing and branding. My production includes business cards, receipt books and all manner of publications. I also buy wall clocks and brand them in accordance with my clients (mostly corporate) needs.

My net income (on average) is about USD 400. My expenses are rent, electricity bills and wages. I am working hard to keep the business growing and enable me to buy bigger and better printing machines in future.

I do this with the help of one worker whom I pay on commission basis.

Loan Proposal

My work involves printing receipt and invoice books. It has expanded over time and I need to have an extra paper perforating machine to cope with high volumes of work that come our way during the high seasons.

This machine will cost me around USD 300. I will use the entire amount from this loan to buy the machine and top-up the amount from my own resources.
This will increase efficiency and leave my clients more satisfied.

Thanks.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$242.00

Date disbursed

Jun 7, 2018

Repayment status

On Time

Projected term

2 months

Lenders

Paul Buchheit

Mountain View, United States

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