$ 520 to buy 3 computers for education center

Amon

Kimende, Bathi Sub Location, Kenya

35% repaid

Entrepreneur

Name

Amon

Member since

January 2014

On-time repayments

297 installments  •  10%

About Me

I am a 30 year old who has a passion for writing and have decided to make it an income generating venture to beat the high rate of unemployment in my country. I decided to venture into freelance writing to help my siblings and make something out of my life as well. I have been writing for 6 months now, though my income was negligible at the start, I am now able to earn a decent earning despite facing various challenges. I confidently say that with the current trend sky will can only be the limit. I have managed to move from basic level to Elite level on a website called iWriter.com with steady flow of special requests from clients who have been pleased by style of writing.

My Business

Despite having written for six months, I have experienced quite a number of challenges with the most outstanding one being the use of a computer for hire to write my articles. After 3 months I approached a friend who agreed to sell me his laptop at a hire purchase price but I will only gain full ownership upon completing the final payment. If my loan is approved not only will I complete the payment but that will automatically translate to more working hours thus increased income. I am also planning to show other jobless youths how to make money online with the meager resources i have and have a positive impact in their lives. Freelancing is working for me, it can certainly work for them as well.

Here is a breakdown of how much I earn, and expenditures
Monthly earnings $300
Monthly internet bundles $23
Other Expenditures $120

With this income I have a balance of $157 , thus will be able to service your loan within the required time. Kindly consider my application.

Regards
Amon Githae

Loan Proposal

Hello Lenders,

My first Zidisha loan helped double my online income from $ 300 to $ 600! Thank you for everyone who came through for me.

Consequently I was able hire a small room, registered a learning center in Limuru town which is now up and running. Through my savings I bought a refurbished computer and I now offer basic computer skills to trainees who enroll with us. However, as you would have guessed, one computer is not enough to sustain a learning center.

It is for this reason that I am here for my second loan, requesting lenders to help me raise $ 520 which I plan to use as follows;

Purchase 3 refurbished computers @ $ 127. That sums to $ 381. I intend to use the remaining $ 80 to network the computers and the $ 59 to purchase chairs for the enrolling trainees.

With the advent of technology, it’s important that young people be equipped with computer knowledge and it’s for this reason I decided to start the learning center. Besides giving basic computer training I help willing students learn how to make money online which is currently my major source of income for free. This will help them start earning almost immediately after they complete training.

Currently we can only train 4 students at any given time. The number has been greatly compromised by lack of enough computers. The 3 computers will not only triple the number of students but increase the income as well. I have committed to pay $ 11 every week from my current online business. However, should my loan be funded, I intended to reschedule the loan to match the learning center's income probably in 4 weeks time.

God bless you as you contribute towards my loan.

Regards
Amon Githae.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$520.00

Date disbursed

Apr 17, 2014

Repayment status

Late

Projected term

67 months

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