Buy a photocopy machine and top up my daughter's fee

Davies

Lang'ata, Kenya

34% repaid

Entrepreneur

Name

Davies

Member since

January 2014

On-time repayments

179 installments  •  26%

About Me

I am 29yrs old.Raised from a humble background in Nairobi,Kenya i grew up with my four siblings i.e 2brothers and a twin sister.I am blessed with a lovely daughter called Kayla Monique.
In Kenya i live in Langata,Nairobi area and that is where i run my business too.I am an enterprenuer by profession hence i decided to venture in business because that's one field that people have neglected so much since they've been stereo-typed that the only way to get successful is to run for a white collar job.Business has great potential in kenya.
I have studied business management at the Kenya Institute of management I believe that spending less and investing more is the key to financial success.

My Business

I own a Cybercafe called RightClick Technologies that is registered under the Kenyan Government.RightClick Technologies is my main source of income and It is Located in Langata, Nairobi.
There is rising demand of my service because information and technology is fast rising thus nowadays internet is one of the most important things in life.The main reason why my business is profitable is because it doesn't have a peak or off-peak season because people must browse, print, photocopy, scan e.t.c
My typical monthly costs can go up to kes40,000 thus my monthly sales on average is kes70,000 leaving me with a net of kes30,000.
I intend to invest my loan fully in business so that my sales can increase and i can maximize profit which is my main objective. Thanks to zidisha for always supporting the small and medium sized businesses.

Loan Proposal

Hello Zidisha family.Thank you for past loans you have given me. They have really changed my life. I am applying my 5th loan in regards to purchasing a standard photocopy machine. Currently i am using Epson px660 which acts as a printer, scanner and photocopier. The challenge with it is that it doesn't print in bulk thus making me outsource elsewhere. A standard printer will cost me 300dollars of which i had already made a down payment of 140dollars.
I have applied for approximately 200dollars whereby 160 dollars will offset the balance and 40dollars will top up my daughter's fee.I had to take her to school early since i am a single father thus i also needed to make sure my cyber business runs efficiently.
I am kindly requesting you if you can walk with me into realizing my African dream. God bless you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$209.00

Date disbursed

Oct 1, 2017

Repayment status

Late

Projected term

16 months

Lenders

M

Marcus86257

United States

PG

Paul Graham

United States

Elise E

United States

Ren

Minneapolis/StPaul, United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

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