Am applying for my second loan to enable add a stationary product to increase my stock due high demand stationary produc...

George

Nakuru, Kenya

100% repaid

Entrepreneur

Name

George

Member since

July 2013

On-time repayments

92 installments  •  72%

About Me

Am a Kenyan citizen turning 30 years. Am in business industry after a attaining bachelor degree in computer science from Kabarak University and a holder of various other academic credentials. I am highly skilled in and experienced in the filed of Computer maintanace and repair having been exposed to various organizations in which I was previously attached. I have worked with busy organization and gained a lot of sales skills and tactics Municipal council of Nakuru And Ukwala supermarket Nakuru.
I am a resident of Nakuru town in Nakuru County of Kenya living in one of the superb estates within the town. I have been in business for three years now having started as a free lancer way back in the year 2010; a business which I have so far developed and transformed into a well-to-do enterprise. At the time of its inception, my current business was dealing with purchasing and sale of photocopying papers. With time, I brought on board other services such as computer services and its currently operates as computer technicians and general stationers.

My Business

My business is located in Nakuru town CBD and has been operated for three years within the area. At the time of its inception, the business was dealing with computer maintenance and repair sale of photocopying papers. With time, I brought on board other services such as computer services and it currently operates as computer technicians and general stationers. My major customers include schools and other learning institutions, churches, individuals, companies and other organizations using computers for various applications. The business yields average profit margins and has acquired a reasonable market share within its area of operation courtesy of the quality of services and products offered. This has enabled it to survive despite the stiff competition from other similar businesses. My business does amazingly well and has grasped a reasonably proportion of the market share over time. It currently yields a net profit of US $ 20 (Ksh 20 000) every month. I have one employees who is in charge of marketing and financial operations of the business. I am fully in charge of management of the business; a role which I have always played very well. I only seek to advance to by purchasing photocopiers Machine due to customer demand.. Personally, as a businessman, I am very optimistic that such schemes as Zidisha will only reach us to greater heights and help us achieve our goals as individuals in the business world.

Loan Proposal

Am Kenya citizen running a business in Nakuru town. Am applying for my second loan to enable add a stationary product to increase my stock due high demand stationary product during this season of back to school. My customer purchases the products till I end up running out stock. This will also enable me to yield high profit and repay back my loan.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$11.00

Date disbursed

Feb 3, 2014

Repayment status

On Time

Projected term

7 months

Lenders

P

Pavane

Kungsbacka, Sweden

Sarasota

Sarasota, Fl, United States

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