Buying of 3 more powerful computers

Nicholas

Eldoret, Kenya

61% repaid

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How it Works

Entrepreneur

Name

Nicholas

Member since

December 2015

On-time repayments

132 installments • 62%

About Me

Am called Nicholas Oloo I was born in the year 1946 in Siaya County in Nyanza Province in the republic of Kenya.
I started schooling in the year 1954 in Primary to to the year 1960 in Ulumbi .
Then between the year 1961 to 1965 High School in Old Kampala Secondary School in Uganda,then between the year 1966 to 1968 Joined Uganda Commercial college I took sales and marketing in Diploma level.
After working for 10 years after gaining the experience for all those years and saved some money ,I began my own business.
The Unique thing in my land am coming from is that when you are educated you are expected to provide for all your relative and all your extended relatives.
All my children are grown up and 4 of them are teachers 2 of them are businessmen .
My main hobby is Jogging, singing for I am a clergy, I serve in Church pert time as a Pastor.

My Business

I provide internet , printing, biding ,lamination and photocopy services for my customers in Eldoret town.
This services is in great demand because there are many colleges around this town and the of these services is in demand among the students.
I chose this kind of business because I learn t the business management in my School as a profession .
my typical cost is 45,000KES.
I use my profit I get from my business as follows.
1.Reinvestment in growing the business is 5,000KES.
2.Home improvement is 30,000KES.
3.Keeping my grand children is 5,000KWS.
4.Church activities is 3,000KES
and I still expect to grow and grow in the near future.

Loan Proposal

When you consider my application and give again another loan then I will be able to buy 3 more powerful computers at the cost of $300 US..
When we implement this then we will be to employ 2 more young people in to our Cybercafe and thus creating job for them and we will get more tenders and earns more money for us and the family.
I know when this is implemented then this business will grow by 50% this very year.
Thanks in advance for considering to fund me again.