Charles
Kinangop, Kenya
100% repaid
Name
Charles
Member since
June 2016
On-time repayments
176 installments • 37%
It was later to dawn to me that it would again take almost ten years waiting to be absorbed by the government. With the skills that I had acquired in Information Technology, I thought of switching to something different and the idea of self employment was born. During my stay I have been offering services and on producing online payslips for teachers, I have been disappointed since they are usually underpaid and id rather stay in business where I feel I do better than in the teaching profession. May be in future i will invest in education and think of managerial position in the teaching profession which is far much better than being just a classroom teacher. It was later to dawn to me that it would again take almost ten years waiting to be absorbed by the government. With the skills that I had acquired in Information Technology, I thought of switching to something different and the idea of self employment was born. During my stay I have been offering services and on producing online payslips for teachers, I have been disappointed since they are usually underpaid and id rather stay in business where I feel I do better than in the teaching profession. May be in future i will invest in education and think of managerial position in the teaching profession which is far much better than being just a classroom teacher.
After graduation and no jobs coming by, I decided to start a simple business to earn income, I own a stall offering various accessories I own a desktop computer and have been offering computer typesetting services to my customers. I also design cards and do the printing. The business is so far doing well, however the operation cost is making profits go down, in side of printing, i dont have a reliable printer and the HP deskjet 2515 that I own is not reliable. This means that whenever I have bulk printing and photocopying, there is interuption to do some reffiling of ink and sometimes the catridges fail. Photocopying is my main source of income since atleast every day i make about USD5 in photocopies only.
First I thank you a lot for having funded my first loan. I put my proposal again for this second loan that I want to purchase a desktop computer for use in my business. The one that I have been using malfunctioned and I established the cause as defects in motherboard. I don’t want to have it repaired since from experience it will be costly and might have problems in future. I have been doing printing services and the computer was of great help. At the moment I am using a notebook which does not have DVD drive, this limits me from printing customers work that may be in DVD or even CD. A good Computer desktop goes for around USD 120 and I will also buy a UPS for around USD50 to help protect my computer from power surge and other related power problems.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$180.00
Date disbursed
Oct 4, 2016
Repayment status
On Time
Projected term
21 months
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