Entrepreneur
Name
Nicholas
Member since
December 2014
On-time repayments
119 installments • 75%
About Me
My name is Nicholas Kyalo, Am 24 years old and came from Kenya, Machakos County ,Muthini Kiima Kimwe location. I live with my family of a single mother with one brother and one sister. I attended st. mary's boys primary school, from there i went to Pope Paul Vi Junior Seminary. After my Kenya Certificate of Secondary Education i joined Machakos Institute of technology and Stafford college in Machakos and learned Graphics Design.
I am still living in Machakos and Working there
My Business
After college i worked with different organization and companies like caritas machakos, bridge international academies etc.
As a graphic designer i have worked with Birch technologies for 3 years up to present and have acquire alot of knowledge, skills, creativity and experience in Graphic designing and printing, i have been working in birch technologies as graphic designer and reception. Due to the skills, knowledge and experience i have acquired within the three years in graphics and printing, i have decided to begin my own job/business for graphics and printing.
i kindly request for a loan to help me start my own job/business cause the capital i have from my savings is not enough to buy all the machines required for the job.
The machines require for the job are: 2 computers, printer, laminator, business card cutter, printing papers, chairs, tables and money for renting the office. so far i have some of the machines eg 1 computer, laminator and other accessories.
The loan am requesting would help me purchase the rest of the machines which will help me start my own job/business. The machines will cost:
1. computer $ 274.428
2. printer $ 2744.282
3. chairs $ 219.543
4. tables $ 329.314
etc
Kindly help me am in need of the loan .
Loan Proposal
I will use the loan to purchase a business card cutter machine rounded corners (Round corner card cutter) which will cost 45.445 dollars .
Round corner card cutter is used for cutting business cards/cards with round corners thus increasing the quality of the business cards or cards. I normally cut the business cards/cards with sharp edges/corners. I was charging one business card/ cards at 5 shilling KES each
When i purchase the machine i will increase the price to 13 shillings KES each whereby i will make better profits than before. thus enhance my business. eg if i print 1 round corner cards i will make 13 shillings KES where by 6 shillings will be profit.
kindly give me the loan
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jan 20, 2015
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
Republic of Korea
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Summary
Amount repaid
$51.31
Amount remaining
$0.00
Date repaid
Apr 5, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 1, 2015 | $5.12 | Feb 1, 2015 | $5.12 |
| Feb 8, 2015 | $5.12 | Feb 1, 2015 | $0.49 |
| Feb 9, 2015 | $4.63 | ||
| Feb 15, 2015 | $5.12 | Feb 9, 2015 | $0.65 |
| Feb 15, 2015 | $4.47 | ||
| Feb 22, 2015 | $5.12 | Feb 15, 2015 | $1.15 |
| Feb 23, 2015 | $3.98 | ||
| Mar 1, 2015 | $5.12 | Feb 23, 2015 | $1.64 |
| Mar 1, 2015 | $3.48 | ||
| Mar 8, 2015 | $5.12 | Mar 1, 2015 | $1.01 |
| Mar 9, 2015 | $4.11 | ||
| Mar 15, 2015 | $5.12 | Mar 9, 2015 | $5.12 |
| Mar 22, 2015 | $5.12 | Mar 9, 2015 | $2.00 |
| Mar 23, 2015 | $3.12 | ||
| Mar 29, 2015 | $5.12 | Mar 23, 2015 | $2.49 |
| Apr 5, 2015 | $2.63 | ||
| Apr 5, 2015 | $5.20 | Apr 5, 2015 | $5.20 |
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