Spare parts for repairing computers

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

After making some progress from my first loan, I will like to go on and increase my PC repair spare parts as well as accessories with the second loan. I will purchase:
Laptop adapters - 3pcs @ $11.8
Flower Cables - 6pcs @ $8.85
The loan will enable me to increase the profit margin which I use to improve my business and day to day life.
With the loan; I expect to make $11.8 as my profit.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$22.00

Date disbursed

Nov 11, 2016

Repayment status

On Time

Projected term

2 months

Lenders

dlpringle

Denver, United States

Alberto Cereser

Copenhagen, Denmark

Tobias Königs

Sancta Colonia Dei Gratia Romanae Ecclesiae Fidelis Filia, Germany

Hans Moor

Vorden, Netherlands

JC

Jordanna Chord

Kirkland, WA, United States

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