A loan to purchase computers for my cybercafe
James Ngundi
Ruiru, Kenya
100% repaid
Entrepreneur
Name
James Ngundi
Member since
August 2013
On-time repayments
291 installments • 63%
About Me
i am James Mulwa,a young man who is undertaking a printing and photocopy business at Ruiru town.i live with my parents along ruiru-kiambu road, three kilometres from ruiru town near Ruiru prisons training collage.i have completed my high scool education and engaged in small business which is doing quite well.i have a passion of enterprenuereship and like trying various business opportunities.i only have one printing/scanning/photocoping machine,a computer,a laminatind and binding machine which i started with my small business which has proved to grow at an amazing rate.i use my earnings from the business to expand it to cater for the high demand of my customers.
My Business
i operate a printing and photocopy business at Ruiru town near Kenyatta University Ruiru Campus.Most of my customers are the university students who have made my business grow at a faster rate since most of the assignments given to them need to be typed and printed. despite the competition, i have tried to maintain quite suffecient number of customers by given them high quality services at a considarable price.i try my best to make sure that my customers are satisfied with the services i offer to them and tr to be friendly to them. i would therefore request the Zidisha members to grant me a $100 loan so that i can expand my business to cater for the high demand.Am ready to abide to the terms and conditions of The Zidisha Organization
Loan Proposal
Hello zidisha, to begin with, i appreciate the financial support i have been getting from this platform. it has made a positive difference in my entrepreneurial world as i have made some few steps towards my success destiny and vision. my business has been doing well due to the loans i have been getting to fund it. i hereby come again to request for another loan of the amount stated above. the purpose of the loan is to purchase some other few computers so as to expand my business and increase my income. i will appreciate the support once again and promise to repay the loan installments on time. thank you in advance to zidisha lenders as you begin funding my loan.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$718.08
Date disbursed
Jan 9, 2015
Repayment status
On Time
Projected term
26 months
Cost to entrepreneur
Lender interest: $718.08 at 4.49% annual rate over 26 months = $70.86
Service fee: $101.59
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