A loan to buy a computer for my shop

Fundi

Ruiru, Kenya

100% repaid

Entrepreneur

Name

Fundi

Member since

August 2014

On-time repayments

262 installments  •  67%

About Me

I am Fundi Mwendwa and i survive through different kinds of business. I have been trying different kinds of ventures which have been serving as my source of income for my upkeep since i completed my education. I have a small shop of photocopying, printing and typesetting which i started recently to supplement my artisan work(tiles fixing) and add to on my income. the venture is still young and needs to be funded from different sources for it to stand and continue growing. However,despite it being new, it has been showing up a positive progress and it is so promising if well managed and taken care of closely.

My Business

i have small shop of printing, typesetting and photocopying which is located at Ruiru town. The venture is located at a strategic place and i have been serving quit a good number of customers for that short period that i have been operating it. it is located near a college and this has been advantageous to me since most of the students serve as my customers for typing and printing of their class works and assignments. since the business is growing at a faster rate, i would like to expand it by buying a bigger printing machine which will cater for a bigger number of customers and this will increase my profit. I hereby request financial support from Zidisha team to fund my business and agree to comply with the zidisha terms and conditions regarding the payment of their loans.

Loan Proposal

Hello zidisha lenders, am humbly requesting for the above stated loan to buy a computer for my business. I have been operating a photocopy and printing shop that has been doing quite well. However, i wish to expand the venture to server a larger number of my customers. The business is growing at a considerably good pace and has been serving me well. I have been getting positive feedback from its progress despite some few challenges which i believe are normal to any business venture. One of my challenge that i face has been insufecient machines to serve large number of customers at the same time. This has been denying me quite a good number of customers who appear to be in a hurry and unable to wait for longer to be served. As a response to this challenge, i thought that it is a wise idea to add some more computers and printers and get someone to assist me. I will be therefore gratifull if i get a financial assistance for the zidisha team so as to buy another computer.

Feedback

4

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Nov 24, 2014

Repayment status

On Time

Projected term

2 months

Lenders

investor

Candiac, Canada

ElWal

Kirn, Germany

ads68

Melbourne, Australia

fairspirit

Utrecht, Netherlands

sderickson

Berkeley, CA, United States

Matching Fund

Sterling, United States

R

roozbeh

United States

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