Entrepreneur
Name
Pius
Member since
April 2014
On-time repayments
165 installments • 20%
About Me
I was born in Karachuonyo in Homabay County and am part of a family of eight members of which I am the eldest son. I went to Gendia Primary then I finally completed my four at Otok Secondary School. Later I eventually joined Nairobi Aviation for a Diploma Course in Information communication technology. I also have an acceptable level in the field of computing. I have years of experience in the field of technology. I opened a cyber café in the last one year and needed to expand it a bit.My hobbies are playing football,socializing,making friends,repair and maintenance of computer,selling computer accessories
My Business
Computer repair and maintenance in Nairobi and its environs is a growing business since a lot of people are not computer literate and more people nowadays are using laptops and phones to access information and do jobs both online and offline, at the moment I do computer repair, there’s growing demand for spare parts and computer accessories, used computers, cheap laptops and do require repair services.
Even though the service market is growing, I can see a huge increase in the sales part of it and that's where I mostly would intend to be because its a bit less risky in terms of finances, rather than think of service based revenue business, I’m thinking of it in terms of doubling my capital as many times as possible through pushing sales online and offline countrywide.
At the moment I need to buy a a photocopier that will cost me $940. This machine will enable my business to raise enough money through photocopy to generate additional income that I will use to expand my business and service the loan.
Loan Proposal
I have been realizing significant profits of averagely US dollars 55 every month. This is after calculating the total costs and taxes incurred including transport, electricity and paying my business caretaker. I am hoping to carry out an expansion on the business in the next few months. To achieve this dream, I am hoping you will consider funding me with a sustainable amount of US dollars 145 that I will add to my savings. I already have US dollars 95 and am requesting you to lend me the supplementary amount to facilitate the plan. With the total amount in hand, I will be in a position to obtain more stock and rent a bigger room for my business. I also hope to improve on more activities like computer repair, offering computer classes to help in the expanded business. Kindly consider lending me the amount is requesting for. Thank you in advance.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
May 13, 2014
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
Republic of Korea
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