Loan to expand and deal with computer parts and accessories
Kevin
Soweto, Kenya
4% repaid
Entrepreneur
Name
Kevin
Member since
September 2014
On-time repayments
73 installments • 34%
About Me
Born in a family of five and raised by a Single mother. I have struggled through hard and thick times to make it in life. I am A Part time student. in my final year doing Business Information Technology. I am bright, creative and innovative in all i do. The business i have is the greatest breakthrough in my life because it has given me most of the assets i have just from the money i get from it. Am an entrepreneur and i buy and sell computer accessories and computer services. Computer services comprise of a cyber cafe where Internet, photocopy, lamination IT services are offered. i believe that the field i am in will guarantee success based on the trend for the past two years. I believe the business is on a good trend and some support will help the business to go far
My Business
The business is 2 years old. i started it from my own savings and support from Friends and relatives. I started with 2 computers to now i have 10 computers. It has been a great growth and all the credit goes to the favour i have received from People and the grace from God. The money i need is to support my working capital, the business generates $1000 per month with a net of $500. The business sometimes has a challenge to operate when the capital is less hence the need to seek financing. the challenge is to buy materials for daily operations like photocopy papers, binding materials, lamination materials.
The demand is great and the market is ready hence the growth.
my experience with Zidisha has been tremendous and i believe that this loan has been of great impact to my business in transforming and growing my business
Loan Proposal
this is the Third loan from Zidisha and the growth i am experiencing has given me another chance to ask for funding for my next project for my business.
I operate a cybercafe where i provide services such as photocopy, Internet access, printing, typesetting and other IT services.
With much success business i have seen the need to expand and deal with the sale of computer parts and accessories in this town. The market is really available because the clients i serve keep asking for these products and so with additional venture it will help to satisfy the needs of the clients and also increase revenue for my business.
I have great zeal and passion in this business and so my daily hardwork ensures that i meet my sales target and also ensure that i pay my loans in time. I believe i have a ready market because of the orders i keep receiving
My estimated budget for this business is $1500 the $500 i expect from Zidisha lenders and another $1000 is from my personal savings.
the list of items to buy is very long hence i can't list it here buy they are all Computer software and hardware to support computer operations.
I do hope you will find it great to believe and fund me.
Thanks you
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Loan Info
Project Type
Classic Loan
Disbursed amount
$501.00
Date disbursed
Jun 13, 2015
Repayment status
Late
Projected term
11 months
Other loans
Lenders
United States
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