Financing internet and a cpu for desk top computer
Martin
Nairobi, Kenya
44% repaid
Entrepreneur
Name
Martin
Member since
August 2015
On-time repayments
183 installments • 17%
About Me
As a first born in a family of six, my life was more than one would expect from a child my age. At only ten years my parents considered me on my decision on some of the pertinent family matters. My parents wanted what is best for me as a grew up. When I was in form four, it was unfortunate that my school undergone a series of strikes that affected my grades. Letting down my parents was the last thing I had ever thought of. Therefore, I looked for a school to resit my national exams where I passed and cleared their disappointment. I developed the sense of responsibility since then and this has remained my character. The trait has helped me in my daily undertakings in my business and my entire life. It has helped me to start a business and maintain it. I am now an independent man due to the things that I learn and developed as I was growing up.
My Business
Freelancing has been my source of my daily bread for a while now. I have been writing academic papers for my clients though locally. Many of my clients are referrals as a result of good work that I deliver to my clients. There is a huge demand for writing these days; whether academic or blogging to article writing. Due to this demand, I have ventured the online writing which is paying well. My vision is to open a firm based on youth mentor-ship programmes. This way, I will create employment to many jobless young people. Therefore, what I am doing now is setting up a foundation for growth and development of the business to greater height. And surely, that is my passion; create a source of livelihood for other others as I also grow financially and economically.
Loan Proposal
Zidisha has been a blessing to me and I would like to say I have seen positive returns on my business as a result of the previous loan advanced to me. Currently, I am seeking a loan to improve my business more by installing a unlimited internet connection and purchase a better performing desktop computer. Currently, I use a broadband modem which is becoming expensive to maintain in terms of monthly expense. Using the broadband modem I spend more than $45 in a month. With the access to unlimited internet I will service the bill with $30. The new development will save me $15 which is a great relieve for the business. Apart from this, I will have unlimited internet, and high surfing speed as a result of a high performance desktop computers. With the the developments the issue of slow down time with be past tense, hence improving work efficiency.
The project will cost a total of $184. Therefore, I am requesting a loan of $147 while the remaining amount of $37 will be financed by way of disposing the old slow computer I am using now. The money will be spent for the following:
i) 2GB RAM, 520 HHD, 3.0 GHz CPU = $120
ii) Internet connection and deposit amount = $64
Total amount of the project =$184.
I am looking forward to scale my business to greater heights courtesy of the lenders and the entire Zidisha fraternity.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Nov 26, 2015
Repayment status
Late
Projected term
40 months
Other loans
Lenders
United States
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