Digital copier for quality printing

Stephen

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Stephen

Member since

July 2016

On-time repayments

190 installments  •  52%

About Me

Am a hardworking, innovative young man. I schooled through hardship where my parents could not maintain paying school fees. My mother had to make chapatis to subsidize the meager salary from govt. At the age of 12, an uncle gave my mother his fridge for safe keeping. My mum took advantage and taught me how to make flavored ice sticks which i could take to the market on Sundays and sell. At the end of the sales, i could bring home some 50 kshs which afforded dinner. This inspired me and cultivated my career as a businessman. At secondary school I sold eggs to subsidize the kitchen budget and my pocket money, hence mum could concentrate her efforts on school fees. I managed to go through college where i did odd jobs at my free time to boost my fees. After college, there was no employment so i had to be innovative, thus the idea of a cyber cafe was born. I could earn money from getting casual jobs and use the money to purchase equipments one at a time. I bought, a Monitor, later on bought a CPU, then finally a printer, i got a loan from a relative and built a stall where i established the computer services bureau in the year 2008 January, worked hard and bought another computer in May 2008, and a photocopier in October 2008.

My Business

My business in a service business in the printing industry. I offer typing, printing, photocopy, internet and photography services. I draw clients from the environs of my premises and far away since i have learned the customers needs. I strive to satisfy my customers hence av managed to be consistent for the last 9 years. My clients are the churches and hotels nearby who do bulk printing and copies for seminars and monthly consumption, schools that do a lot of exam typing , printing and copying, individuals who work for organizations that have a lot of community field work and bring their reports for typing, printing and copies or posting on the internet in the evening when other cybers have closed since i work till late and their field work ends in the evening. There are also Universities and colleges around my business whose students require copies of handouts, project report typing, printing and binding. I also sell sodas and snacks, do passport photos, T-shirt printing, and Banners.
My business has managed to, settle medical bills during delivery of my children, and it has sustained my family while expanding. it started with one computer and one small 3 in 1 printer, which have generated more computers and a photocopier, stable internet connection with WIFI for customers. It established an eatery/cold drink cafe, with WIFI connection. I intend to buy a bigger digital color printer by the end of this year to print campaign materials for aspirants in the coming 2017 general elections.

Loan Proposal

I intend to buy a laser digital printer that is worth 600 dollars. This will enable me print quality color items for my customers thus earn me more income that would provide school fees for my children and enable me to employ 1 person to help in my work. Am targeting 2017 general elections where aspirants would print campaign materials. I will therefore work to increase my loan limit since i will only receive less than this amount in the first loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$196.00

Date disbursed

Aug 1, 2016

Repayment status

On Time

Projected term

4 months

Lenders

The Zinc Team

San Francisco, United States

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