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.
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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
Other loans
Lenders
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