Entrepreneur
Name
Sarah
Member since
December 2014
On-time repayments
285 installments • 6%
About Me
My name is Sarah Mugah, and we have been blessed with 1 kid.
I did my O-level in the year 2013 and later proceeded to do several short courses includind Information Technology (I.T) and did various jobs including employment in an insurance firm, real estate agency firm and as salesman. I quit employment in to be self employed last year where I did various small businesses. I i decided to borrow some cash from my retired Dad and together with the small savings i had acquired a Kyocera Aficio Mp 2000 Photocopier and proceeded to open my own business. My main clients include , students in colleges and schools.
My Business
I run a cyber and Photocopy services at Shabab centre in Nakuru town Its a one room computer shop cum typing bureau right next to a newly built near Mount Kenya University.The university has close to 6000 students and this population is targetable businesswise.Students look for ways and means to have their study papers,proposals and even thesis' typed by experienced typists and computer bureaus.Since i have polished my skills with the necessary knowledge i have an increasing number of clients,especially the student population and lecturers,most of whom know little about computer packages and prefer giving the work to someone else. I pay 3000 kshs (30$) for rent and 4$ for electricity per month.I make an average of 100$ a month from typing and thesis binding work in a month.I have not employed anyone but do this work myself.It is my vision to increase my equipment by adding more paper for printing and a photocopy machine
Loan Proposal
Given the loan i want to expand my business to include internet service,printing, lamination and binding
With he loan i will be able to buy and instal a high and more speed internet in order to give my customers more quality services and this will attract more customers
hence reaping more profits that will enable me to repay the loan in good time.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Dec 5, 2014
Repayment status
On Time
Projected term
7 weeks
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