Import laptops & electronics and build my business website

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 this loan 400$ will be used for importation of few laptops and accessories. I plan to get 5 laptops and 1 dozen of flash disks, 1 dozen of chargers and 1 dozen of mobile phones. I will use 100$ will be used to build a professional business website. The website building will be out sourced from a qualified personell, the 100$ include hosting fees and registering the domain of teh website. 50$ will be used to buy a 2nd hand bicycle that will be used for short deliveries in the city as some customers call for delivery of products such as flashdisks and even repair services in theri businesses. the remaining 50$ will be used for digital marketing, branding and advertising my business website and goods which is essential for any business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$607.00

Date disbursed

Aug 16, 2015

Repayment status

On Time

Projected term

9 months

Lenders

O

ormung13

Christchurch, New Zealand

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$634.29

Amount remaining

$0.00

Date repaid

May 23, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Aug 23, 2015 $7.00 Sep 8, 2015 $7.00
Aug 30, 2015 $7.00 Sep 8, 2015 $7.00
Sep 6, 2015 $7.00 Sep 8, 2015 $7.00
Sep 13, 2015 $7.00 Sep 8, 2015 $7.00
Sep 20, 2015 $7.00 Oct 15, 2015 $7.00
Sep 27, 2015 $7.00 Oct 15, 2015 $7.00
Oct 4, 2015 $7.00 Oct 15, 2015 $7.00
Oct 11, 2015 $7.00 Oct 15, 2015 $7.00
Oct 18, 2015 $7.00 Oct 24, 2015 $7.00
Oct 25, 2015 $7.00 Oct 24, 2015 $7.00
Nov 1, 2015 $7.00 Nov 1, 2015 $7.00
Nov 8, 2015 $7.00 Nov 1, 2015 $7.00
Nov 15, 2015 $7.00 Nov 25, 2015 $7.00
Nov 22, 2015 $7.00 Nov 25, 2015 $7.00
Nov 29, 2015 $7.00 Nov 25, 2015 $7.00
Dec 6, 2015 $7.00 Jan 4, 2016 $7.00
Dec 13, 2015 $7.00 Jan 4, 2016 $7.00
Dec 20, 2015 $7.00 Jan 4, 2016 $7.00
Dec 27, 2015 $7.00 Jan 4, 2016 $7.00
Jan 3, 2016 $7.00 Jan 11, 2016 $7.00
Jan 10, 2016 $7.00 Jan 11, 2016 $7.00
Jan 17, 2016 $7.00 Jan 17, 2016 $7.00
Jan 24, 2016 $7.00 Jan 17, 2016 $7.00
Jan 31, 2016 $7.00 Jan 17, 2016 $7.00
Feb 7, 2016 $7.00 Jan 17, 2016 $7.00
Feb 14, 2016 $7.00 Jan 17, 2016 $7.00
Feb 21, 2016 $7.00 Jan 17, 2016 $7.00
Feb 28, 2016 $7.00 Jan 17, 2016 $7.00
Mar 6, 2016 $1.00 Jan 17, 2016 $1.00
Mar 13, 2016 $30.00 Jan 26, 2016 $20.00
Feb 18, 2016 $10.00
Mar 20, 2016 $30.00 Feb 18, 2016 $30.00
Mar 27, 2016 $30.00 Feb 18, 2016 $30.00
Apr 3, 2016 $30.00 Feb 18, 2016 $30.00
Apr 10, 2016 $50.00 Apr 12, 2016 $50.00
Apr 17, 2016 $50.00 Apr 19, 2016 $50.00
Apr 24, 2016 $50.00 May 3, 2016 $50.00
May 1, 2016 $50.00 May 7, 2016 $50.00
May 8, 2016 $50.00 May 23, 2016 $50.00
May 15, 2016 $67.29 May 23, 2016 $67.29

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