Entrepreneur
Name
Joseph
Member since
October 2012
On-time repayments
21 installments • 14%
About Me
My name is Joseph, am married with two children aged 6 and 1 year. I was born in 1989 in Nakuru County and went through the 8-4-4 system in Kenya. I went to Lamudiac Primary School and Later st. Peters Secondary in Nakuru I hold a Diploma I am currently working as a Computer Tachnician with a local NGO I live with my family and my wife who is unemployed.
My Business
My business entails Type setting and printing, Photocopying, Printing and designing cards, Computer Repair and maintenance, Generating payslips for Government Employees online, Production of KRA PINs, Internet Services and general IT Consultancy.
Loan Proposal
As we get into this festive season, the need for photographic services will be on the rise. With schools closing for December holiday, i will be free for the next 7 weeks. I want To purchase an Epson CIS Printer which assist a great deal in Printing Photographs around. The Printer Cost Ksh. 40 000,I will also purchase a digital camera with high Megapixels at Approx Ksh. 12000. This will require approximately Ksh. 52,000. I will raise the remaining amount of about Ksh 25 000 from my personal saving. This printer is a multi function, it can carry out various tasks e.g. General printing, Printing photographs and photocopying. There are many people around who use digital cameras to take photographs and they end up taking them to Naivasha or Engineer where they are charged Ksh. 30 per Pc. they then Charge Ksh 50 Per Pc. On average a person may have about 20 Photographs in a week. Therefore 20 x 30 = 600 Perweek per customer. If i Get say 4, this will translate to 600 x 4 =2400 Per week. This complemented with income from other services like internet services, Photocopying will almost triple my current income at the moment. I am also intending to produce students ID cards in the neighboring Secondary school. My research has shown that out of 15 in the District, only two schools issue their students with ID cards. This is also a very profitable venture. The projected net income per month will be Ksh 20000.With this, i am confident that the Zidisha loan will be repaid on time, at the same time helping me attain financial stability.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$329.00
Date disbursed
Nov 23, 2012
Repayment status
Late
Projected term
22 months
Lenders
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