A loan for 3 additional computers for my training courses

Mutiso

Kyamusivi/mbitini, Kenya

32% repaid

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How it Works

Entrepreneur

Name

Mutiso

Member since

May 2014

On-time repayments

131 installments • 12%

About Me

My name is shadrach Mutiso Kimanthi born and raised in a rural village of Kenya called Mbitini. I am born in a family of two, me and my elder brother. I went to a day primary school, I joined a good county school known as Kabaa High school after that where I qualified to attend the university as a government sponsored student. There I undertook a course in Bsc, strategic management which I completed last year July.

I have gained financial literacy and skills through my work experience, first at National bank of Kenya as an intern and later after completion of campus I have worked with Faulu Kenya micro finance bank as a relationship officer in SME lending for five months.

I resigned from my first job after campus so that I could follow my dream: being self-employed and a job creator rather than a job seeker.

I love socializing with people and sharing ideas as well as giving motivational talks. While at campus I was a member of SIFE (students in free enterprise) where we would talk with the surrounding business community and give them ideas to improve their businesses. My life's dream is to create a strong business brand in the field of print and advertising as well as training.

My Business

I started my business during my first year at the university in 2009 with savings I made from a contract to conduct national census as an enumerator. I used this money to buy one second hand printer and a computer and used them to help students print their assignments at a fee.

From this venture I saved some more income and during the break I had accumulated enough and decided to open a printing shop in our local town. My business was set to go with one computer and a printer and out of good will combined with my skills in computer applications and designs I got a lot of clients. I have run my business with the help of one employee since then and it has grown from one computer to 10 computers, four printers and a photocopier. My work consists mainly of designs, printing, internet services, photocopy and other supporting services such as computer repairs. We also offer computer classes in basic computer applications.

My monthly income is $517 (from printing shop and students fee), my monthly expenses such as rent, electricity, commuter, wages, telephone and others are $275, leaving me a net profit after expenses of $517-$275 = $242

This amount will help me add more computers for training..

Loan Proposal

This loan will help me a lot in expanding my business in basic computer applications training courses. A second hand X-UK computer approximately costs around $150 in Kenya. As mentioned earlier I currently have 10 computers, adding more computers is necessary in anticipation as most clients will have completed their national examinations (Form 4).
By the beginning of November the demand for basic computer skills training will be high as most people need to acquire these skills before joining tertiary institutions. I would like to thank the Zidisha lenders in advance for helping me with this loan, it will really be appreciated.

Show original English

About Me

My name is shadrach Mutiso Kimanthi born and raised in a rural village of kenya a place called Mbitini. I am born in a family of two me and my elder brother. I have schooled in a day primary school, joined a good county school known as Kabaa High school where I later qualified to join the university as a government sponsored student. There I undertook a course in Bsc. Strategic management which i completed last year July. I have gained financial literacy and skills through my work experience first at National bank of kenya as an intern and later after completion of campus I have worked with Faulu kenya micro finance bank as a relationship officer in SME lending for five months. i resigned from my first job after campus so that i can follow my dream; that of being my self employer and a job creator rather than a job seeker. i love socializing with people and sharing ideas as well as giving motivational talks. while at campus I was a member of SIFE (students in free enterprise) where we would talk with the surrounding business community and give them ideas to improve on their businesses. my life's dream is to create a strong business brand in the field of print and advertising as well as training.

My Business

I started my business while a first year at the university in 2009 from savings I had made from a contract to conduct national census as an enumerator. i used this to buy one second hand printer and a computer. during my first year i could use it to help students print their assignments at a fee. from this venture i saved some more income and during the break i had accumulated enough and decided to open a printing shop in our local town. my business was set to go with one computer and a printer and out of good will combined with my skills in computer applications and designs I got a lot of clients. I have managed the business with the help of one employee since then and it has grown from one computer to 10 computers and four printers and a photocopier.my work mainly is designs, printing, internet services, photocopy and other support services in repair of computers. we also offer computer classes on basic computer application.

my monthly income is $517 (from printing shop and students fee)
expenses i.e rent, electricity, commuter, wages, telephone and others is: $275

net profit after expenses is $517-$275 = $242
This amount will help me add more computers for training.

Loan Proposal

once i get this amount it help me a lot in expanding my business whereby i specialize in training of basic computer applications. A second hand X-UK computers approximately costs around $150 in Kenya.
currently i have 10 computers, adding more computers is necessary in anticipation as most clients will have completed their national examinations (Form 4).
By start of November demand to train basic computer skills is high as most people need to acquire the skills before joining tertiary institutions.
thank you in advance