Fund me to expand my laptop & accessories business

Alex

Naari, Kenya

100% repaid

Entrepreneur

Name

Alex

Member since

April 2014

On-time repayments

259 installments  •  55%

About Me

My name is Alex murithi. I am a young Kenyan graduate from Chuka University class of 2015 November. I come from a humble family of 3 siblings .Thanks for taking your time to read through my Zidisha profile, apart from studies I have always had a passion for business.
I have always been passionate in changing and expanding the mindset of young people towards entrepreneurship. The types of business I do include freelance writing and forex trading.
I have been in these businesses since I joined college and they have helped me to cater for my expenses as well as pay school fees for my younger sibling.
Having gained some good wealth of experience, I do train, mentor, employ young people interested to join these type of business and any other online jobs I have knowledge about. The reason I have ventured in business is due to the high rate of unemployment in Kenya. I therefore decided to take lead in investing time in learning skills in these online jobs that can make me self-independent . Some of my hobbies include reading, networking, swimming, travelling and writing articles. I am sure we can tackle the unemployment rate in our country by teaching young people to work online and I wish to train as many as possible youths to earn some income from these exciting online ventures.

My Business

My two major sources of income come from my Forex trading business and freelance writing. I also run some transport/logistics business aside. I trade stocks and indices as well as offer my writing skills to companies and individuals in need of content. Apart from doing these I also train, mentor and employ young people ready to learn the above named skills. I am currently running these Trainings and mentorship programs under my platform known as Brains With Concepts. My main aim is to encourage youths to solve unemployment through entrepreneurship through learning skills such as content curation and trading currencies and stocks.
I have been doing the training part time, but now I want to do regular training and recruit more youths into entrepreneurship. These services are on high demand because of the high unemployment rate among graduates in Kenya. Costs incurred during my training sessions include hiring a standard conference room, hiring presentation gadgets and payment of some trainers I invite during my meetings. These may total up to 700$ for a session that may take 1 week. I charge 100$-200$ for these workshops inclusive of a mentorship package we offer to the trainees where we guide them untill they are able to make consistent income using the skills learnt. I use the profits in paying office bills, enrolling for other courses to sharpen my skills and re investing in other offline ventures.

Loan Proposal

when i get the loan i will use it to add some few accessories and laptops while topping up with my savings to expand my business venture. the benefit the loan creates is that i don't have to beg my friends anymore for them to support my business. i now have a lending friend which is ZIDISHA to make my business flourish. i humbly request my lenders to fund me so that i can make a future and investment before i complete my college studies, this can create a source of employment too because i need sales agents once the business expands. this will be helpful to put up with competition and soon i aim to set up a shop and advertise my goods in the local stations to tap more market around.

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Apr 19, 2014

Repayment status

On Time

Projected term

4 months

Lenders

BM

Benedicte Monroe

Sarasota// Phnom Penh, United States

J

JBosshardt

Redmond, United States

P

Patrick5678

Beijing, China

T

thebonseung

Republic of Korea

joshuacollinson

Vienna, Austria

A

adhoc42

United Kingdom

S

strgoviste

Republic of Macedonia

Ask Alex a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Josphat    Dec 22, 2019

    Hello lenders ,i have talked to Alex and says his business is down and he will adjust the loan repayment early next year to start repaying what he can afford.

    Thank you.

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  • Alex    Sep 9, 2019

    I am not able to pay full. Difficulties in business. Please allow reschedule.

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  • Josphat    Sep 1, 2019

    alex promised to adjust and start repaying the loan soon as possible.

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  • Dickens    Aug 22, 2019

    Alex's business is not doing well but he promised me to start paying his loan so soon

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  • Alice    Aug 13, 2019

    Alex promises to start paying his loan very soon

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  • Kitty    Jul 24, 2019

    I hope your new equipment works well

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  • Alex    Jul 22, 2019

    Dear Lenders, thanks for trusting in me once more. I believe the loan will be helpful in making me achieve the dreams. I will allways keep you updated

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  • Alex    Jul 9, 2019

    Dear Lenders, thanks for the trust you have had in me since signing up to Zidisha. My previous loan was successfully completed 1 month ago. I have mananed to expand my business in a great way because of your help. I am now working with a team of 5 guys to make sure I achieve my mission of reducing unemployment by training people on how to earn online

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  • Dickens    Jun 2, 2019

    Alex informed me that he is optimistic of paying so soon

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  • Dickens    May 29, 2019

    law business challenges Alex is facing in his business is what made him not pay his loan on time but after a phone call contact between i & him he promised to start paying so soon.

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  • Alex    Feb 24, 2019

    Not able to pay much, business is not doing well. Hoping for the best

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  • Alex    Nov 8, 2018

    I seek to change the repyment schedule because business is not doing well

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  • Dickens    Jul 23, 2018

    Alex has informed me of low cash flow in his poultry business but he promise to start paying back the loan so soon

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  • Alex    May 15, 2018

    My previous Loan was expanding my poultry farm, which is still in existence. You have made a difference in my life and I am now living my dream of becoming an entrepreneur at my young age. I am now training and mentoring young people to join into worth while online jobs. Please check the loan and help me raising the requested amount. I count on you so much. Best regards, Alex.

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  • Alex    Jan 22, 2018

    Business is down at the moment. Hope things will be well soon

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  • Alex    Nov 27, 2017

    I can pay more at the moment, business doing good.

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  • Alex    Feb 13, 2017

    Business is not doing well, I need to pay smaller amounts so that I can be able to sustain my family. I hope things get better with time

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  • Alex    Nov 20, 2016

    I am able to pay large amounts as the business is doing well. Thanks

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  • Alex    Aug 5, 2016

    My business is sluggish at the moment, i would like to make a lower repayment at the moment. Thank you!

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  • Kitty    Jun 14, 2016

    Congratulations, your chickens are very colourful! good luck with the new house

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