Buy rims of copier papers and lacer scaner

Jecinta Kihara

Njoro, Kenya

100% repaid

Entrepreneur

Name

Jecinta Kihara

Member since

January 2015

On-time repayments

274 installments  •  5%

About Me

I am Jecinta Kihara born in Nakuru county Bahati village.They call me 'mtoto wa shosh' meaning the child of a grandmother.I had that my mother gave birth to me before married and my father abandoned me before i was born.Since my mother died while i was still young nobody is able to show me my father and as they call me i will remain the child of a grandmother forever.

I got education through a bursary and after secondary school i couldn't proceed any farther so i started casual jobs which enable me to save and done a short course in ict.And after working for several people in different cyber i manage to save some amount to start my own with just two second hand computers.

My Business

At my shop i provide variety of services such as internet service,typing,photocopy,printing cooperative bank agent and mpesa agent.
Because this is a small town and more population of learning institutions there is high demand of this services hence making it profitable.
I also choose this kind of business because i did my pre research and found that this business does not face stiff competition at the moment.

The total amount of cost of my business is around $375 with the maximum of $250 and minimum of $80 profit per month.I do do not have other employee so my cost is low because i myself offer cheap labour.

Loan Proposal

Thank you very much for giving me this chance to post my loan too.I kindly ask lenders to support me and this is how am going to use with the loan,

$60 i want to use to buy lacer scaner .This will help me to generate more profit as at this moment i have numerous scaning jobs and the other $40 i will use to buy ten rims of copier papers at wholesale hence enabling me to get trade discount.Thank you in advance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.16

Date disbursed

Jan 12, 2015

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Lender interest: $100.16 at 6.89% annual rate over 1 month = $0.91

Service fee: $0.49

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