Entrepreneur
Name
Florence
Member since
August 2014
On-time repayments
324 installments • 69%
About Me
I was born and raised in Mombasa, currently staying in Bamburi. I started operating my cyber café in 2005 from my savings I obtained from working which I later decided to be independent and start the business. My business is in Bamburi. I decided to expand my business by introducing some stationery to increase my sales, but due to harsh economic times saving has become an issue.
I love cooking, dancing, going to the beach and attending Sunday service with my husband and son, which brings us joy and strength to face the new week. I will appreciate to get that loan so that I can buy a digital copier that can print, scan and copy. This will help increase our income to save more for our son and be financial stable.
My Business
I offer browsing and typing services, the demand is high since I operate near a number of schools, hospital and a church. They have two forms of payment cash and credit terms, by the end of the day, week or month I do not lack some money to pay rent and save. I am the only one in that area hence good and reliable market, I get a monthly turnover of $150. I am potentially able to pay my loan monthly installments and with the copier I will buy my sales will increase and hence stability to pay.
I offer standard and affordable charges this attracts more clients and i also cater for different clients, from individual walk in to corporate clients like schools that give me monthly large contracts to copy exams for them and churches that i print Sunday schedules on weekly basis.
My monthly cost is electricity, internet ans stationery for printing and my biggest risk is that i now print with the inkjet printer which is slower and results to less print outs per month and the cartridge is a bit costly and would really love get a laser printer that can be a 3-in-1 whereby i can print, scan and copy, at lower costs, more print outs and the toner is affordable.
Loan Proposal
Hello lenders,
Thank you again for the funds the first time. It really helped to acquire my first printer.
Thank God business is good now and I am here again kindly asking for a second loan to get a second printer that will cost around $120 to $150.
The amount will help get the printer, accessories and consumables. To not only reduce time service for my customers, but also help serve more, increase sales and improve on customer serve. This will double my sales and profit and enable me pay within a short period of time.
Looking forward to a positive response.
Thank you.
God bless.
King regards,
Florence
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$138.00
Date disbursed
Jun 19, 2018
Repayment status
On Time
Projected term
11 months
Other loans
Ask Florence a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.