Funds to expand my computer and accessorises shop
Ondieki
Bochura, Kenya
4% repaid
Entrepreneur
Name
Ondieki
Member since
January 2014
On-time repayments
82 installments • 45%
About Me
Well, I find it needful to start by saying that I don’t hail from a privileged family. i live each day trying to beat the odds by living both innovative and creative. I find it beneficial to engage myself on mind-building activities like entrepreneurship and education. That’s why, through the initial support from my family, I started a computer shop where I sell accessories and also do repair and maintenance Through determination, I have-and for the past four years been running the business while handling my education, a diploma in Computer Science which till yesteryear I have been persuing in Kitale Technical Training Institute. Basically, I’ve been ploughing back my gains to add stock and expand my business which has been growing steadily and to carter for my educational needs.
My Business
My business deals with sell of ex-uk computers and accessories like mouse, laptop chargers, memories screens. The demand for these accessories is high and in a good month I can make a profit of around $200. From the profit I deduct$50 and pay rent and $60 I pay my employee. The rest of the profit I reinvest back into the business. I usually sell my accessories at lower prices which attracts most of customers compared to some of my competitors who sell at higher prices. on top of that i do computer repair and maintenance. I will use the profits from the business to repay the loan
Loan Proposal
When I get this loan I will use $460 to add computer accessories to my new shop which I recently opened from the profits I gained from my computer and cosmetic shop which ware funded by zidisha. This will increase the profits since I will now be providing accessories in demand which am not able sell due to lack of enough funds, I will also comfortably pay my worker. from the remaining amount of $250 I will pay tuition for my part time computer science degree. Lenders hope you will lend me to fulfill my dreams, I promise to repay back like the previous loans in time. Be blessed.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$547.00
Date disbursed
Oct 6, 2014
Repayment status
Late
Projected term
12 months
Other loans
Lenders
Hong Kong, Hong Kong
Bremen, Germany
Stockholm, Sweden
Republic of Korea
United Kingdom
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Thilo Oct 22, 2017
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