Entrepreneur
Name
Mark
Member since
August 2011
On-time repayments
37 installments • 35%
About Me
I am Mark O. Opondo a Kenyan aged 31 years, I have a family with two children. First born is 5 years and is in nursery, second born is 6 months old.
I live in Bahati center plot no 53 just next to Bahati North district commissioner’s office. People who know and can give you information about my residential area include Steve Kagwe 0722148384, Moses Walela Waswa 0720050502, Samuel Ndungu 0720474748 who is my church member in Full Gospel churches of Kenya .
I hold advance diploma in computer electronic engineering and computer science studies fro m IAT college in Nairobi and Graffins college in westlands Nairobi.
I have adequate skills and experience of 8 years in the said field. Iam a part time computer instructor in a private school in Nakuru and also a freelance computer technician, repairing computers and their accessories. I also sell ex-uk CRT monitors and at times trade in CRT monitors with TFT monitors.
The business is not bad because people are leaving CRT monitors to TFT owing to their portability, clearity and low power consumption.
My Business
I trade in a 17’’ CRT monitor to my customers with a 17’’ TFT at a fee of kshs 7000 and make a profit of kshs. 1000. Then resell the ex-uk at kshs. 2500. Thereby making a profit of kshs. 3500. I also install windows operating system to my customers at kshs. 2000 and Application software at kshs. 1000.
In a good trading month I make kshs. 20,000 – 30,000 on my freelance technical IT job and part time teaching job kshs. 12,000. Therefore my total monthly income is kshs. 40,000. The only challenge I have is sharing computer workshop with friends whom we share rent and other expenses. I want to start my own workshop.
I currently have savings of kshs. 150,000 and need kshs. 50,000 from zidisha. This will total to kshs. 200,000 that I think will be enough to start my own workshop. I will pay 4 months’ rent deposit of kshs. 40,000, buy furniture at kshs. 20,000, install unlimited internet line at kshs. 20,000, trading license at kshs. 4000, out door signs and adverts at kshs. 10,000, 2 desktop computers at kshs. 40,000, employ a secretary at a wage of ksh.8000 per month and keep the rest of cash for buying and trading in ex-uk TFT monitors to my customers.
Loan Proposal
buy 2 desktop computers at kshs. 40,000, employ a secretary at a wage of ksh.8000 per month.and the rest of my savings will be used to start my own business.
Feedback
Positive
11
Neutral
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Negative
2
Loan Info
Project Type
Classic Loan
Disbursed amount
$559.00
Date disbursed
Sep 14, 2011
Repayment status
On Time
Projected term
14 months
Other loans
Lenders
Sarasota// Phnom Penh, United States
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Summary
Amount repaid
$604.19
Amount remaining
$0.00
Date repaid
Jul 11, 2012
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Nov 14, 2011 | $54.33 | Nov 14, 2011 | $54.33 |
| Dec 14, 2011 | $54.33 | Nov 14, 2011 | $0.40 |
| Dec 15, 2011 | $53.94 | ||
| Jan 14, 2012 | $54.33 | Dec 15, 2011 | $0.47 |
| Jan 13, 2012 | $53.86 | ||
| Feb 14, 2012 | $54.33 | Jan 13, 2012 | $0.66 |
| Feb 16, 2012 | $53.68 | ||
| Mar 14, 2012 | $54.33 | Feb 16, 2012 | $10.84 |
| Mar 15, 2012 | $43.49 | ||
| Apr 14, 2012 | $0.05 | Mar 15, 2012 | $0.05 |
| May 14, 2012 | $54.84 | May 9, 2012 | $54.84 |
| Jun 14, 2012 | $54.84 | May 9, 2012 | $20.43 |
| Jun 11, 2012 | $32.26 | ||
| Jul 8, 2012 | $2.15 | ||
| Jul 14, 2012 | $54.84 | Jul 8, 2012 | $54.84 |
| Aug 14, 2012 | $54.84 | Jul 8, 2012 | $23.66 |
| Jul 11, 2012 | $31.18 | ||
| Sep 14, 2012 | $54.84 | Jul 11, 2012 | $54.84 |
| Oct 14, 2012 | $54.84 | Jul 11, 2012 | $54.84 |
| Nov 14, 2012 | $3.30 | Jul 11, 2012 | $3.30 |
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