Name
Dorine
Member since
December 2013
On-time repayments
349 installments • 14%
Am Dorine Auma Buluma,23 years of age.Born and raised in Busia county,work and live Busia town.I was was born in the family of six i being the second born.
I am holding diploma in ICT and self employed at my cyber cafe in Busia town.I started my business more than a year ago immediately after my college so that to keep myself busy and also i may earn a living before i could secure any kind of job in future.
My business has been doing too good the fact that Busia is a border of Kenya and Uganda so i have lots of customers who are using internet to clear their vehicle when they are crossing the border.
From the business i pay my own rent,feed myself and also support my family at home.
I run a small cyber cafe in Busia town.My business has five computers,printers and binding machine.The business is purely a sole proprietor of which i started with the capital from my savings and the soft loan i was given by my father.
I offer internet service,printing,typing,photocopying and binding.The demand is high the fact that Busia is situated in Kenya Uganda border so most of my customers are those who want to cross the border so i offer my service for them while they clear and forward their vehicles.
My business is profitable because i have so many customers so the more i serve the more i earn.The risk am facing is just lack of captal to expand my business.
My monthly cost is as follows KES 5000 rent,KES 3000 orange data bundles,KES 6000 and KES 5000 for other expences.Frofit ranges from KES 10000-20000 per month.The loan i will used to modify my business and its the business that will repay the loan.
I want to use the loan to buy hp scaner.This is because i have alot of scanning jobs that requires a very high speed scanner.I also want to buy colour printer.This is because i have a tender to make 10000 coloured posters by the end of Aprill.If i buy this printer i will manage this tender without problem at all.Lastly i want to stock three rims of printing papers and printing inks.
Positive
6
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$151.00
Date disbursed
Mar 11, 2014
Repayment status
On Time
Projected term
4 weeks
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