Buying stationary to increase my stock
John
Majengo Mapya, Kenya
100% repaid
Entrepreneur
Name
John
Member since
April 2017
On-time repayments
52 installments • 73%
About Me
My name is John M. Mwaengo a Kenyan citizen . I am a graduate with Diploma in Computer Maintenance and Repair ,studied at Dignity Computer College . I am married to one wife with one son now.
Apart from business, I also play keyboard in my local church alongside preaching .
Recently i have taken in a teenage girl ( aged 13 years) in my family , who lost her father and her sick mother is not able to take care of her. I have taken the responsibility of educating her and providing her basic needs.
My Business
I have worked at Blingnet Computer College as Technical Manager 2009-2011. During this time i got exposed and experience to Cyber Business and had a dream to start a my own Business .
In April 2012 I started Jeknosoft Computers currently working there
I do offer internet services, scanning, printing, photocopy, Binding and generally secretarial services.
My Business typical monthly costs are : Rent 10,000, Electricity bill 4,000, Internet supplier 4,000, business stock kshs 7,000 and salaries 6,000.
My average income is ksh 75,000. i use profits to improve my business , pay my residential house rent,and School fess for my son
Loan Proposal
I will buy Photocopying papers (1 ream USD 3.85 , A4 envelops 1 ream USD 1.92 , A5 envelops -1 ream USD 0.92), Client will receive packaging services and will create jobs to my friends also my family will benefit by educating them.
the profit will increase from 10% to 15%
thank you
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jul 25, 2017
Repayment status
On Time
Projected term
3 months
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