Alexander
Bungoma, Kenya
100% repaid
Name
Alexander
Member since
August 2017
On-time repayments
98 installments • 49%
I was born in the year 1982 from a humble family. After my Secondary education I started venturing into ICT business in Bungoma Town, Western Kenya. I later Did a Diploma in ICT.
I have been in ICT Business for the last 10 years and It is growing well and I expect my business to grow at a rate of 5% per year.
I deal with ICT business: My businesses include typesetting and printing, Photocopying, Internet and Online Government support programs to my clients.
The idea of this ICT Project started after being trained by UNDP on how to open and Manage ICT centers in Rural areas as an aim of opening up Technological gap between urban and Rural areas of Kenya and the World at large.
This was so because many people in rural areas have been left behind due to Technological Gap.
After applying this idea, it worked and the business has been doing well.
I normally make a profit of Kshs. 10,000 ( 100 dollars ) to Kshs. 15,000/- ( 150 Dollars ) per month after deducting all the expenses.
I have also invested in Agro Business and I sell atleast 2 crates of eggs daily.
I have employed 3 workers as volunteers and I pay them on daily basis at 3 Dollars per day in rural area but at the end of the day , they are being trained.
From business ICT and Sale of Eggs, I will be able to repay my Loan without any problem.
The profit I make, I normally do savings and re-invest in business.
I will use the loan to buy a New colored printer which of great demand in my business place and this will help me improve my business and also working.
With this I will be able to attract as many customers as possible.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$6.00
Date disbursed
Sep 5, 2017
Repayment status
On Time
Projected term
2 weeks
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Margaret Jun 26, 2018
Margaret Jan 7, 2018
Alexander Jan 7, 2018
Alexander May 23, 2018
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