Buy printer and camera for business expansion

Shaaban

Kahawa Wendani, Kenya

Funds disbursed

$0 to go

100% funded of $446 goal

0

days left

Entrepreneur

Name

Shaaban

Member since

April 2014

On-time repayments

25 installments  •  16%

About Me

Life for me has been full of challenges since I was 3 years after the death of lovely father. My father died as a result of bullet from robbery who broke into our house and shot my daddy and stole most of the household items. My mother has worked hard to ensure my sister and I complete education. Over the weekend and school holidays my sister and I engaged in small business to raise money for part of our school fees. My mother has mentored me on how to successfully run a business thus after completing my college education I used the little savings I had to purchase one desktop which I used to start offering computer services to the residents of Kahawa Wendani which is just opposite kahawa barracks and people residing in our community are middle class. I have been in operation for 3 years and with the profit I have managed to buy 10 desktops which I am using to offer various computer services such as typing, internet, photocopy and printing.I have also started offering computer training whereby I have bought 4 desktops which I have dedicated for computer training in another room but I intend to purchase 6 more desktops to accommodate more trainees. Part of my profit is used for saving while the rest is used for expansion of the business because my dream is to operate a power house with various computer services and trainings as the demand is high because our country has become digital. During my free time I visit secondary schools in the community and offer business mentorship and importance of formal education to the students and now many young people look up on me as a role model.

My Business

My computer business started 3 years and it is based in Kahawa Wendani which is a fast moving estate which is occupied by young people from Kenyatta University and soldiers from Kahawa Barracks so the demand for computer services is high because they would like to connect with other people across the globe. I started with one desktop then 10 desktops offering typing, printing, photocopy and internet then I have started computer training with 4 desktops. I offer computer training at subsidized price as a form of giving back to the community but at the same time generating good profit. l intend to have 10 desktops for the training so that more people can be accommodated at once thereby more people acquiring the skills thus I intend to purchase extra desktops to realize my dream. The demand for computer services and training is overwhelming thus I am working hard to capitalize on the high demand by acquiring the right equipments to effectively offer the services. People like my business because has social enterprise concept and also the services are quality.

Loan Proposal

The profit from my business has been improving step by step which I have been using to expand my business from one desktop when I started to now 18 desktops and offering various computer services and training. I want now to introduce photography services at my business and capitalize on the absence of the services, from my research the services are in high demand but their is no dedicated person to offer the services and this is as a result of the cost associated with setting up the business. I will not incur a lot of expenses because I will utilize the desktop at my business for editing the photos. I have some savings and also request lenders to consider supporting me with money to ensure I set up quality photography services. I will buy HP photosmart 7520 printer at USD 260, Canon PowerShoot camera at USD 220 and photo printing papers at USD 65. After buying the printer and camera, I will be in position to offer quality photography and my profit will increase because no extra cost will be incurred because I will run the photography from my current premises. Through your contribution towards my loan, my dream will be about to materialize. Please support me realize my dream!!

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$446.00

Date disbursed

Jul 10, 2014

Repayment status

Late

Projected term

4 months

Other loans

Lenders

J

jeffb

United States

Kitty

Hailsham, United Kingdom

O

Oliver

Geneva, Switzerland

F

FilemonInvest

Odense, Denmark

S

Serene

Philadelphia, United States

Sarasota

Sarasota, Fl, United States

Matching Fund

Sterling, United States

T

tmarkus

Netherlands

Vesa

Helsinki, Finland

Mikers

Netherlands

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