Name
Martin
Member since
January 2016
On-time repayments
33 installments • 21%
Am martin Oyalo, i had passion for becoming IT person in future while i was in High school and the dream came through am now a software architect, also network administrator, Hardware configure in the line of Computer, also i do supply some computer accessories. I own a small computer college which am hoping God willing to expound it in future to help people within vicinity and diversity at Navakholo sub-county in Kakamega. While i was in campus i used to code some systems especially school management systems for High schools Colleges, Pharmacy Systems and many other systems. After college i stated to market for my products for sale i managed raising some amount that i used to bank in the bank kcb in Kakamega there after i took the starting loan for business 100,000/=.
About my business i repair computers, printers, coding of computer systems for sale like point of sale, MIS, ERP and many others. I do buy Toners, cartridges, photocopying papers then later i sale them on additional fee at least to have some profits.
I choose this kind of business because where i am in town the products and the kind of business is on demand. About the costs it depend with the kind of products i deal with. Profits helps me to increase the stock where necessary, pay loans in good time also
Once i have the amount (Loan) will buy Toner cartridges for supply
e.g i buy @ 1500 one and sell it at 6,000/= making a profit of 4500 per one.
That will enable to pay my loan in Good times to avoid some penalties
This also will enable me to expound to many business like supply of photocopying papers to different institutions
1,500 shillings in dollars is 14.61276 USD
6,000 shillings is 58.31 USD
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Negative
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Project Type
Classic Loan
Disbursed amount
$74.00
Date disbursed
Mar 9, 2017
Repayment status
Late
Projected term
7 months
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