Loan to boost my training-services business

Fred

Kiambaa Muguga, Kenya

22% repaid

Entrepreneur

Name

Fred

Member since

August 2015

On-time repayments

45 installments  •  0%

About Me

About Me
am a married adult aged 29 years .Holder of a Diploma in information communication technology and Certificate in Computer applications.
i worked as an admin assistant in tamu tamu Kenya limited in Nairobi i have also worked as a lecture in Presbyterian technical training college in Nakuru and currently operating my own business still in the line of my profession after getting a loan which i later paid.
The college offers different courses and with at least 59 students .I MUST THANK GOD I WAS GIVE A 4 YEARS CONTRACT TO TRAIN 400 SUPPORT STAFF BY KENYA FOREST RESEARCH INSTITUTE (KEFRI) But with a condition that students should not share computers. This have been a challenge to me to meet this condition of adding few computers in the college.i therefore take take the request as a worthy course.

My Business

My Business
i offer computer training ,cpa , secreatarial and quickbooks training services,I have employed 5 tutors and a secretary. I have set the business in potential town with no competation this giving me a room to grow to a university.
i intend to purchase more computers to accommodate more students and offer other services.
Loan Proposal
ONE CPU @ 103 DOLLARS
am intending to increase 10 computers whereby I will be able to accommodate 34 students ago. Having in mind that the contract WILL BOOST THE CASH FLOW IN THE COLLEGE, I will be able to pay the loan with ease.
Out of this,I will help other youths with opportunities to work with us and giv back to the society by training with low and affordable fee.

Loan Proposal

Am intending to purchase a server machine at 150 Us dollars

This will help me in monitoring other computers,supplying them with assignments hence reducing cost of papers .
This will also help the students submit their assignments easily to the server.
This will attract more clients hence adding my profit with approx 80 Dollars monthly.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Oct 6, 2015

Repayment status

Late

Projected term

10 months

Lenders

Craig

Memphis, TN, United States

T

Tucker

United States

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