Inventory of printing paper

Paul

Mombasa, Kenya

36% repaid

Entrepreneur

Name

Paul

Member since

June 2014

On-time repayments

353 installments  •  77%

About Me

My name is Paul Materi born in 1963 in Nairobi area. I am the first born in a family of 7 members. My parents are peasant farmers and live in the Rift Valley region. I am married with one child who is in secondary school I did my primary school course and later joined secondary school. I joined a teacher training college shortly after my secondary school where I graduated as a primary school teacher. I was posted Namanga Primary School where I worked for four years. I later quit the job and started my own business.

I am an active member of my church – Voice of Jesus where I serve as a church minister. This is voluntary work which I normally do on Friday morning and Sundays.

My Business

My business entails printing works where I print all kinds of publications. I do publications such as simple hand bills, stationery books, banners etc.

I also do branding in form of printing T-Shirts, mugs and signage. I serve small institutions such as churches and schools as well as large companies.
My turnover is about $1200 per month but most of this money goes into buying of raw materials and labour leaving me with a profit of about $300. Given access to credit I will be able to expand my business by stocking raw material for my printing work. I have employed two casuals who help me in doing this job. I hope to employ them permanently when the business expands.

Loan Proposal

Thank you Zidisha fraternity for giving me another chance to apply for another loan. I intend to buy a good stock of printing paper. I intend to get them from a neighboring country since I can get them cheaper over there.

I will use the entire amount to buy an assortment of papers which I hope to use for one year in my printing work. I will be able to save a lot of money since I am going to push for a huge discount for buying in bulk.

Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$859.00

Date disbursed

Apr 16, 2019

Repayment status

Late

Projected term

30 months

Lenders

Franmiguel

Perth, Australia

Paul Buchheit

Mountain View, United States

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