Name
Eric
Member since
August 2016
On-time repayments
136 installments • 71%
Born in 1979 in a family of six, I went through primary education and secondary education afterwards. I then proceeded to college where i studied Diploma Business information Technology. Due to our large family i had to find a way to earn a living because my parents were not able to continue providing for each and every one of us as they were now retired. I looked for a job but i couldn't find a suitable one which could cater for my needs. i decided to save some money which enabled me to buy a computer which i used to register for freelance opportunity which had been recommended by my friend. I made some money which enabled me to rent some space in our town where i continued to give computer services to the public. I am now looking to get funding which will boost me to greater heights. Entrepreneurship is the best solution for my situation.
I rent a space in Kisii town where I do computer repair, networking, data recovery and software development. In the current day to day life, computers are essential and they need servicing and fixing every now and then. I give the services at a fee from which i earn a living and make some savings. Computer spare parts are in great demand hence the need to stock the spare parts. The charges for fixing a computer without using any spares is at least Kshs. 1000/=. Fixing using replacement of some parts the cost depends on the price of the spare used plus the service fee. The profits I make go to rent payment, school fee, food and buying household equipment. I would like to improve my spare parts stock to make more profit which will help me to long term financial stability.
For the start i will get anti virus software at $49.34 each, laptop speakers at $1.48 each, USB mouse at $0.99 each, power cables at $1.78 each. I will get more than one piece of the above items as the funds can purchase. These items will help me increase my profits by 9% to 13% margins.
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Project Type
Classic Loan
Disbursed amount
$11.00
Date disbursed
Sep 2, 2016
Repayment status
On Time
Projected term
6 weeks
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