Paper and ink for printing business
Ruth
Nairobi,dagoretti Corner, Kenya
100% repaid
Entrepreneur
Name
Ruth
Member since
May 2014
On-time repayments
300 installments • 89%
About Me
My name is Mrs. Ruth Victorine Musela I am married to Mr. Yose Musela and we are blessed with one son, we reside on Riara Road in Riara Meadows 15 minutes walk from Nakumatt Junction. I am a retired secretary after being a secretary for the last 20 years. I decided to open a Secretarial Bureau where I offer secretarial services having vast experience in this field.
I thank God because I have managed to run it for the last 6 years but I would like to improve and boost it to become a bigger business.
My Business
About my business I started it as a typing and photocopy shop. Apart from photocopying I introduced snacks and drinks to keep my clients going as a do the photocopying and typing for them. My photocopier machine is an old version and I would like to get one that photocopy and scan at the same time. I also would love to increase my stock in the shop since it is in a prime area and it gets busy and I get that sometime I do not have enough stock. I would love to grow my business into a big business which can sustain me and my family. I have introduced M-pesa business through your kind assistance and it is doing very well only I need to have more float at any given time.
I have started a Self organization group of about 30 business minded people, we have meetings every Fridays with the aim of helping each other financially and with good ideas. I also have an orphan that I am educating through the finances I make from my business that's thanks to you people who have been of great assistance to me.
By God's grace I have started a prayer group which we meet and share the word of God and read the bible together and very soon we are starting prayer lesson where we impart other ladies on how to go before the Lord on your own I thank God for that.
With the help of God I know I can make it because there are opportunity.
Loan Proposal
I am very grateful to everyone who funded my loan you have made my business to go a notch higher, which without you help I would have not made I owe it to you all thanks once again. Since my business has now picked I have managed to put additional services of courier services for the offices around my shop which is doing well I found out that some have big parcels since I do not transport them myself directly out of town I use the established courier companies which need me to weigh the big parcels to know how much they weigh I am forced to purchase a commercial weighing machine which will cost about USD.100 and also on this note I had to get some extra storage place where I have to pay for until the business pick up about USD.70, since this an additional business I also need wrapping material and boxes which will cost me about USD100. I also do scanning which has a facility of printing photographs I would like to buy printing material and coloured ink cartridge which will cost me USD200 I will be set because this is going to generating me more money. The Courier services alone a letter will b USD5 each and every big parcel they are paying me US30 per kilo depending its destination, Photography is USD.50 for 3 copies this is a daily income when and per copy I believe this sufficient enough to repay my loan on time. I would request you to loan me for this expansion of this business thanking you in advance for you kind consideration.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$446.00
Date disbursed
Sep 18, 2014
Repayment status
On Time
Projected term
5 months
Other loans
Lenders
United States
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Summary
Amount repaid
$478.15
Amount remaining
$0.00
Date repaid
Mar 14, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Sep 26, 2014 | $27.47 | Sep 26, 2014 | $27.47 |
| Oct 3, 2014 | $27.47 | Sep 26, 2014 | $0.11 |
| Oct 3, 2014 | $27.36 | ||
| Oct 10, 2014 | $27.47 | Oct 10, 2014 | $27.47 |
| Oct 17, 2014 | $27.47 | Oct 17, 2014 | $27.47 |
| Oct 24, 2014 | $27.47 | Oct 24, 2014 | $27.47 |
| Oct 31, 2014 | $27.46 | Oct 31, 2014 | $27.46 |
| Nov 7, 2014 | $0.00 | ||
| Nov 14, 2014 | $17.24 | Oct 31, 2014 | $0.01 |
| Nov 14, 2014 | $17.23 | ||
| Nov 21, 2014 | $17.24 | Nov 14, 2014 | $0.01 |
| Nov 21, 2014 | $17.23 | ||
| Nov 28, 2014 | $17.24 | Nov 21, 2014 | $0.01 |
| Nov 28, 2014 | $17.23 | ||
| Dec 5, 2014 | $17.24 | Nov 28, 2014 | $0.01 |
| Dec 5, 2014 | $17.23 | ||
| Dec 12, 2014 | $17.24 | Dec 5, 2014 | $0.01 |
| Dec 13, 2014 | $17.23 | ||
| Dec 19, 2014 | $17.24 | Dec 13, 2014 | $0.01 |
| Dec 19, 2014 | $17.23 | ||
| Dec 26, 2014 | $17.24 | Dec 19, 2014 | $0.01 |
| Dec 29, 2014 | $17.23 | ||
| Jan 2, 2015 | $17.24 | Dec 29, 2014 | $0.01 |
| Jan 2, 2015 | $17.23 | ||
| Jan 9, 2015 | $17.24 | Jan 2, 2015 | $0.01 |
| Jan 10, 2015 | $17.23 | ||
| Jan 16, 2015 | $17.24 | Jan 10, 2015 | $0.01 |
| Jan 17, 2015 | $17.23 | ||
| Jan 23, 2015 | $17.24 | Jan 17, 2015 | $0.01 |
| Jan 23, 2015 | $17.23 | ||
| Jan 30, 2015 | $17.24 | Jan 23, 2015 | $0.01 |
| Jan 30, 2015 | $17.23 | ||
| Feb 6, 2015 | $17.24 | Jan 30, 2015 | $0.01 |
| Feb 6, 2015 | $17.23 | ||
| Feb 13, 2015 | $17.24 | Feb 6, 2015 | $0.01 |
| Feb 14, 2015 | $17.23 | ||
| Feb 20, 2015 | $17.24 | Feb 14, 2015 | $0.01 |
| Feb 20, 2015 | $17.23 | ||
| Feb 27, 2015 | $17.24 | Feb 20, 2015 | $0.01 |
| Feb 28, 2015 | $17.23 | ||
| Mar 6, 2015 | $17.24 | Feb 28, 2015 | $0.01 |
| Mar 6, 2015 | $17.23 | ||
| Mar 13, 2015 | $20.23 | Mar 6, 2015 | $0.01 |
| Mar 14, 2015 | $20.22 | ||
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