New courses for computer training center

Dismas Kipsongok

Nandi Hills, Kenya

100% repaid

Entrepreneur

Name

Dismas Kipsongok

Location

Nandi Hills, Kenya

On-time repayments

165 weekly installments  •  82%

About Me

My name is Dismas Kipsongok, born 1990 and currently in a family of two (my sister and I) to a single mother in Kenya, Nandi County. Growing up in a rural setting with financial challenges and lack of better amenities, I decided to work hard in school to actualize my vision of a better life ahead. After completing my primary I proceeded to Secondary level. Though with fees challenges my mother faced, I managed to complete my Secondary Education in 2009, and joined College two years later, 2012. I enrolled and studied a national Diploma in Information Communications Technology (ICT) and successfully graduated in 2015.

My Business

I started Nandi Digital Center – an IT/computer training hub in my hometown, Nandi Hills. With four desktop computers and my laptop, I am offering affordable Computer Packages to people, mostly the youth mainly from senior/secondary school awaiting to join university/colleges, and at the same time doing a variety of cyber services, including online government businesses like e-Citizen, TSC registrations, iTax, printing, scanning, photocopying among others.

The Center also doubles up as a Playing Station for children who usually come to play PC games on weekends. The loans I am applying for will help boosting my overall business operations, including setting up other new projects that will earn income.

Loan Proposal

This loan will help buy neessary equipment for newly introduced short courses and learning materials, buying ink tanks for refilling printer, including the ream of papers. It will also boost the new introduction of advanced short courses in computer training, and its marketing costs, among other business operations.

Income Source

Due to the coronavirus pandemic, NDC decided to follow the government's orders of sanitizing and social distancing. Therefore, the business operations will follow these rules and operate on a mean budget to cushion the business, thus saving money that will be able to repay the loans.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$317.18

Date disbursed

May 11, 2020

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: 10% of $317.18 = $28.51

Credit risk payment: $37.07

Lenders

B

Bpryse

Long beach, United States

R

Rearden

STAVANGER, Norway

JH

Joseph Hwang

Houston, United States

HH

Helen Horseman

United Kingdom

Shervin

San Francisco, United States

Kevin Kong

San Francisco, CA, United States

DK

Daniel Kalla

Saint Paul, United States

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