364 installments • 83%
My Names are Titus Kemboi Kiplangat, a married man living in Embomos ,Konoin . I went for computer engineering course in Nairobi where i acquired some IT skills that i thought later will help me due to the passion i had for computer studies. After the completion of my course, I worked as a computer laboratory technician in one of the colleges in Kenya where i gained a practical and hands on experience. but afterward i decided to diverse my education by joining a university and pursued Accounting course. After completion i worked in one of the largest micro finance where i was qualified be advanced with the loan which could necessitate entrepreneurial financing in order to exploit the expertise IT and earn a living thereof and i managed to open a small cyber cafe in the nearby town in 2011. However small it was i could feel that I am satisfied with it. due to growing needs by the people, I realized that the market niche that could be exploited.
Currently I yearn to increase the capacity of my output could be way of sourcing fund externally.
Should I get a well wisher to further gear the business I believe I shall be able to exploit the potentiality existing in the area.
My business is in line with my career of information technology, having well understood the industry I decided to do it as a business to boost my livelihood.
I ventured into the business because of the demand in the area. it started in the year 2011 In bomet town (nearby town) out of what I had saved from my previous employment salary where I had only one computer for the administrator and a printer alongside and a workforce of only one personnel. The administrator could sometimes allow the client use his desk top when there was no work which I felt embarrassing and I saw need to expand the business a bit to accommodate all my clients without sharing resources. .
Due to steady rise in demand, I was forced to increase the computers to enable my client served better. I added two more computer and consequently hired one more personnel, and at that moment I could net in KSH 20,000 a month having paid the operating expenses.
When I joined Zidisha, I was able to by some few computers and good printer in 2016 which is serving the business very well. Currently I yearn to increase the capacity of my output could be way of sourcing fund externally.
With outbreak of COVID-19, it presented opportunities to cyber businesses. I have been having many clients doing their jobs online, attending meeting and classes for students. I feel embarrassed to see customers queuing or sharing a computer. As a result, I need to acquire more computers to accommodate them.
Describe what you will do with the loan in at least 200 characters.
i have upto now enjoyed and thank zidisha lenders. my cashflow has really changed positively to a current almost double the initial.due to high potential in the am planning to add more machinery and more personell from the current 4 computers and 2 personel manning the cafe'
should i get this loan this loan i want to add one computer to assist in running the business and to decongest the offices.similarly i will be forced to add more personell to assist in manning it but the wages will be out of daily sales.the area still holds capability of expansion.
thanks to lenders.
Sep 12, 2015
Cost to entrepreneur
Service fee: $7.48