Omwoyo Obaigwa

Kawangware, Kenya

100% repaid

Entrepreneur

Name

Omwoyo Obaigwa

Member since

January 2014

On-time repayments

25 installments  •  88%

About Me

I am responsible, come from a humble background, a family of 7 children where love abounds most.
Talking about Business, I am passionate about business and this has helped me discover more about myself. I decided to venture into business so as to be able to pay up for my School fees, pay rent, upkeep and also support my nephew in his academic fees. The course I am pursuing is demanding and requires alot of financial aid, I was unable to get this aid and this let me to start a business which has been able to cuter for a good set of my expenses. I have been able to mentor my fellow students and friends into discovering their hidden abilities so as to be able to boost their upkeep without being reliable on anyone. I have seen most of them start their own business adventures and this has been my joy as I have impacted positively in their lives.
Apart from spending my finances on just myself, I also share out to those in need esp. when visiting the children’s home, I always grab something to take to them. I have come to learn that love and sharing should be the code of life.

My Business

I run a Printing and Photocopy Bureau and other computer services within the University of Nairobi. There is demand for these services at the University as it is an academic hub and there is need for the service to curter for the demand of computer services rendered to the large number of students.
My customers love the kind of services I offer, and there has been an increased demand in the need to satisfy my customers.
Better opportunities have been able to present themselves to me due to the quality of services that I render to my customers, with which I need to purchase more machines and equipment to be able to continue providing better services. My customers love the services I render unto them and they have always pushed me to buy more machines to meet their needs.
I also want to expand my business venture to a bigger space and open up other branches within the Central Business District of the City as I have been able to get clients from not only within the University but also to the open public. But I am in insufficiency of funds. That’s why I would like to apply for a loan so as to meet these needs. Finding a Lender to support me will be of great assistance and boost to my business and also to my mentors as the always look upto me for a new adventure.
My monthly Net income ranges between Ksh. 15,000 to Ksh. 25,000.
I have engaged in Loans before and have always paid them back in time and honored my pledges.

Loan Proposal

Dear Lenders,
First and foremost I would like to thank all the Lenders who are always willing to lend out their monies to those in need and want to do something positive with the Money.

Thanks to Zidisha team for coming up with this site, I am new and when I came to learn about it, I was really thrilled with the trust that we have in one another.

I run a printing press within an academic institution, and I would like to borrow the above monies so that add up to the money I have to purchase a new Printer, to boost up my Printing business. We have just resumed session in school and there is need for me to purchase a new printer to enable me serve my customers well and best.

Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.02

Date disbursed

Jan 13, 2014

Repayment status

On Time

Projected term

5 weeks

Cost to entrepreneur

Lender interest: $50.02 at 4.00% annual rate over 1 month = $0.19

Service fee: $0.17

Lenders

AWOL

USA, United States

Wiredfox

Macclesfield, United Kingdom

H

howard

Vence, France

Sarasota

Sarasota, Fl, United States

A

Armeij

Veendam, Netherlands

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