Purchase machines

Dickson

Nairobi, Kenya

Funds disbursed

$0 to go

100% funded of $23 goal

0

days left

Entrepreneur

Name

Dickson

Member since

December 2018

On-time repayments

5 installments  •  40%

About Me

I'm Dickson Mugambi, a driven individual based in Nairobi. With a degree in Economics and Finance complemented by a diploma in Mechanical Engineering, I've found my passion lies in entrepreneurship. As a self-employed professional, I'm dedicated to utilizing my diverse skill set to establish and grow my own company. I believe in the power of innovation and hard work to create opportunities for success in the business world.

Warm regards,
Dickson Mugambi

My Business

I am currently working on improving my mechanical engineering consultancy firm dealing with food and beverage machinery.

Project Proposal

As a self-employed individual with a background in Economics and Finance and Mechanical Engineering, I've identified a pressing need within my business. Due to increased workload and demand for my services, my current machinery is unable to keep up with production requirements efficiently. This bottleneck is hindering my ability to meet client deadlines and capitalize on new opportunities.
Investing in a new machine is crucial to address this challenge and ensure the continued growth and success of my business. With advanced technology and increased capacity, the new machine will significantly improve productivity, streamline operations, and enhance the quality of our output.
However, the upfront cost of purchasing the new machine exceeds my current financial resources. Therefore, I am seeking a loan to finance the acquisition. This investment will not only alleviate the immediate strain on production but also position my business for long-term sustainability and competitiveness in the market.
I am confident that with the right equipment in place, I can effectively meet the growing demands of my clients, expand my business reach, and ultimately achieve greater profitability. The loan will serve as a strategic investment in the future success of my company, enabling me to seize opportunities for growth and innovation in the dynamic business landscape.
Thank you for considering my loan request, and I look forward to discussing the details further.
Warm regards, Dickson Mugambi

Feedback

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Project Info

Project Type

Pay It Forward

Disbursed amount

$23.00

Date disbursed

Apr 2, 2024

Backers

Amir

Jakarta Selatan, Indonesia

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