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Kiplangat Kemboi

Bomet, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Kiplangat Kemboi

Member since

December 2014

On-time repayments

364 installments • 83%

About Me

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

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.

Loan Proposal

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.