Stanley
Kamelilo Village, Kenya
100% repaid
Name
Stanley
Member since
November 2015
On-time repayments
234 installments • 32%
I am a first born in a family of five. My parents raised me up in Baringo County before I relocated to Nairobi to work in a private organisation.
My parents were peaseant farmers growing maize for subsistence and small amount went to commercial use.
I did a degree in Business Information Technology and currently thinking of doing repairs in laptops and desk top computers.
Computer and Laptops repairs kenya is a vibrant industry taking into consideration the high penetration of ICT devices. There is huge demand for repairs in the Industry and hence need capital to enable me open my own business as am currently doing on freelance basis. The start up costs include rent,business permits,few support staff among others
My source of income from this venture will be the service charge and also selling of various accessories that I will be levying for the various repairs such as power supply ,replacement of hard disk, key boards, monitors, accessories and RAM.
My first loan may not be enough to kick off the business but the subsequent loan will enable me start the business by opening a premise of my own rather than currently where I do on freelance basis. The costs inherent to this venture is rent, business permits, furniture, support staff and getting a various accessories so that do everything under one roof.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$1,008.00
Date disbursed
Sep 8, 2016
Repayment status
On Time
Projected term
22 months
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