Computer accessories and workshop upgrading

Eric

Kisii, Kenya

100% repaid

Entrepreneur

Name

Eric

Member since

August 2016

On-time repayments

136 installments  •  71%

About Me

Born in 1979 in a family of six, I went through primary education and secondary education afterwards. I then proceeded to college where i studied Diploma Business information Technology. Due to our large family i had to find a way to earn a living because my parents were not able to continue providing for each and every one of us as they were now retired. I looked for a job but i couldn't find a suitable one which could cater for my needs. i decided to save some money which enabled me to buy a computer which i used to register for freelance opportunity which had been recommended by my friend. I made some money which enabled me to rent some space in our town where i continued to give computer services to the public. I am now looking to get funding which will boost me to greater heights. Entrepreneurship is the best solution for my situation.

My Business

I rent a space in Kisii town where I do computer repair, networking, data recovery and software development. In the current day to day life, computers are essential and they need servicing and fixing every now and then. I give the services at a fee from which i earn a living and make some savings. Computer spare parts are in great demand hence the need to stock the spare parts. The charges for fixing a computer without using any spares is at least Kshs. 1000/=. Fixing using replacement of some parts the cost depends on the price of the spare used plus the service fee. The profits I make go to rent payment, school fee, food and buying household equipment. I would like to improve my spare parts stock to make more profit which will help me to long term financial stability.

Loan Proposal

I will go ahead and buy the following items:
3pcs C.P.U paste @ $1.45
15pcs C.P.U Power Cables @ $10.17
2pcs Laptop adapters @ $15.49
5pcs Optical mouse @ $5.81
3pcs Keyboards@ $11.62
4pcs laptop speakers@ $ 0.68
These loan will improve my business and life in general through the profit I will make.
I expect a 35% profit margin.

Regards.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$49.00

Date disbursed

May 6, 2017

Repayment status

On Time

Projected term

3 months

Lenders

Franmiguel

Perth, Australia

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