New computers for business expansion

Steve

Nairobi, Kenya

43% repaid

Entrepreneur

Name

Steve

Member since

March 2016

On-time repayments

76 installments  •  20%

About Me

Hi,
My Name is Steve Nyongesa, Currently 29yrs Old. I’m born and raised in Kenya, Currently residing In Embakasi, Nairobi. I studied in Aeronautical Engineering, engines and air-frames option. After completion of my studies, securing a job proved to be a difficult task so I ventured into the online freelancing market.
I’ve been in the online market for a while to build a strong enough reputation and skill levels. I am a hard and diligent worker who is quick to learn and also interested in acquiring knowledge. I started out as an article writer and went through various online learning institutions to learn various skills like SEO, SMM, SEM, Web design, Graphics design and still on my way to learning Software design and management.
Currently I believe in expanding my venture to include taking in interested people and teaching them the Skills that I have learned throughout the years and starting them up in the online freelancing industry. It was hard for me to start out and I would like to nature the youths in my area by inviting them to work with me and I’ll be offering them on the job training by contractual basis with hopes that they’ll someday make their live better and the knowledge will help them out.
Thanks for reading and I beg for your support.

My Business

My business currently is small with just me and one other employee; I am still training them in the various tasks involving the eCommerce and account management. Work is going well and I have several other people interested in working with me but the only hindrance is that we currently have two machines. So we usually shift in between tasks so that I may train the others and they have to wait when important contracts arrive.
We manage just to keep things going but I believe that in expanding the business by acquiring used computers that are in good condition will help us out and also when we lack contracts we can offer cyber cafe services as a source of tertiary income.
I also plan to register my business soon as a computer college so that I’ll be able to offer licensed courses instead of training and referring them to other colleges for the relevant certificates.
Thank you for reading through. I hope to get your support so that I may fulfill this dream of mine.

Loan Proposal

I am planning on getting two micro PC's for my business, this will cost me Approx. $135 for the total cost of them. This will aid me by increasing the number of computers available to run my contracts, Currently I've been using leased machines and they are increasing my expenditure and cutting profits. By acquiring this machines I'll be able to secure more contracts with ease and have an increased rate of production and more profit for the business.

With the profit increase by a margin of 30% a month, I'll be able to issues incentives to my freelancers, thus work turnover rate is projected to increase, and my profit margin will also increase.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$147.00

Date disbursed

Jun 21, 2017

Repayment status

Late

Projected term

3 months

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BrassHat

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Paul Graham

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WG

Waqar Ghani

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Craig Newmark

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The Zinc Team

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Humble Bundle Community

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Vratik Krocik

Prague, Czech Republic

Paul Buchheit

Mountain View, United States

A

Anonymous

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CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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