Entrepreneur
Name
Bolton Wanyoike Mbugua
Member since
October 2015
On-time repayments
239 installments • 38%
About Me
My name is Bolton Wanyoike a former student of Mugumo-ini Primary school located in Banana around Nairobi, a former student of Gatamaiyu High school located in kiambu and currently a student in Moi university in Eldoret.
my personal life has been manned by great challenges right from my secondary school level of education to date at the university. i am an orphan who struggles to pay my school fees. i started online writing sometimes back and it has greatly helped me enhance my living, pay my school fees and at least pocket some cash each and every day.
i started online writing as a part time job where i write articles for student in the social sciences department that is sociology, community development and political science and they pay me. This has been my business for the past four years since i joined the university. I have been living, paying my school fees and doing other errands through this work. i then came to learn of zidisha which has by a greater extent been my shield. It has helped me start a cyber cafe in Eldoret town where i work and offer cyber related activities.
My Business
i provide online writing service to student who send me emails on articles they want me to write for them, topics that they want me to research on and give the solutions and in return they pay me some money.
the service i am providing are on very high demands because students are given assignment by their lecturers day in day out and thus majority of them whom i have written articles for have developed trust in me and thus they give me more jobs or they refer me to their friends.
i incur a lot of expense in purchasing bundles to aide my internet writing because the internet requires bundles to allow me do my work. i spend around 3000KES per month buying internet bundles. Through the writing i therefore generate around 15000 KES per month as profit.
on the other hand, zidisha game me my second loan that helped me start a cyber cafe. i bought 10 desktops with the loan that i received from you in addition to some savings that i had. This enabled me to open and run the cyber. At the moment i engage in this cyber cafe as well as the online writing as my business. I make money that has been enough to pay my school fee, pay back my loan in time and also support the child i adopted in school.
the profits that i am making every month which is roughly 15000 from the online writing business i use it to pay my school fees, sustain my living and keep my business running day in day out. on the other hand from the cyber cafe i make on daily basis a profit of 50 Us dollars. This has changed my life and all thanks go to zidisha for helping me realize my goals
Loan Proposal
The online writing is an activity that requires a laptop that can hold power for a long time in case of a situation where their is blackout, power failure among other short-comings. my current laptop has been outdated because it cannot hold power for long and also the laptops specs is a bit low. granted 50 US dollars i will add with my personal savings of 150 Us dollars and use that amount to buy a new laptop at a cost of 200 dollars.
The new laptop will personally benefit me because i will increase my scope of work which means i will be generating a lot of income. on the other hand, my old laptop will create employment opportunity to one person whom i will employ to help me do the writing and thus get payment on commission basis per article written.
with one laptop i used to make a profit of 150 Us dollars per month thus with now two laptops i presume to generate a profit of around 250 US dollars per month.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jan 14, 2016
Repayment status
On Time
Projected term
2 months
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