Name
Fredrick
Member since
October 2016
On-time repayments
29 installments • 48%
I come from a humble family in Siaya County, Gem Sub-county around Uranga Village. after completing my form 4 and there was no college fees, I opted to go to nearby by Town called Luanda to start a new life. at first I met someone by the name Henry Gosho who had a cyber and Mpesa running together. after a lenghty talk, he agreed to employ me as an Mpesa agent. I worked there for almost 2 years trying to raise some capital so that I can start my own business.After raising somthing like 30, 000, I went home and sold a piece of land which enabled me to raise 80,000. I used that money to buy some computers and copier machines which made me to start my own cyber cafe and now am moving in the right direction.
I deal in computer services, photocopy, scanning, internet services, binding passport photo size, laminations.
I also sells thing like, envelopes, blanc cds, dvd cases and many more.
Am opperating next to a school and this provide ready market for the services I do. Since childhood have being longing to be a computer litrate and though my business it has made me to be what I wanted to be. My profit is reinvested in the business and others are used to pay my siblings school fees.
As I have stated above, my first loan will be a blessing because have already acquired a tender from a nearby school. They want me to make for them school Ids totaling to 800, the money will help me purchase enough lamination porches which will enable me make the Ids without any problem.
I know it will benefit me a lot, each Id I will be getting 10 Kshs and they are 800 that means if the job goes on well up to the end, 8000 profit which I will again re-invest in areas that needs reinforcement in my business
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Project Type
Classic Loan
Disbursed amount
$22.00
Date disbursed
Oct 9, 2016
Repayment status
On Time
Projected term
2 months
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