Help me teach and sell my transcription service

Ian

Nairobi, Kenya

32% repaid

Entrepreneur

Name

Ian

Member since

November 2013

On-time repayments

119 installments  •  31%

About Me

I’m an honest person who enjoys working with good, honest people, who want to work hard. I'm the sixth born in a family of eight (four brothers four sisters). I love swimming and hanging out with family and friends. My profile pic is me and my niece (Rosy) and we can spend loads of time just watching cartoons and talking. We are both Chelsea fans (smiles). I'm not yet married but currently in a serious relationship. I enjoy traveling to the countryside whenever I get a chance as I find it really calming. I never did get a chance to finish college due to financial reasons but fortunately right after high school I did manage to land a call center job. The skills I have attained have led me thus far and it's been a journey with its ups and downs.

My Business

I started my journey in the call center industry in 2008. I worked for 2 years at Kencall EPZ Kenya's largest call center where I was employed as a transcriptionist. I quit in 2010 and started sourcing work from Odesk.com and other online websites. I started building my profile in Odesk.com by doing small jobs for small pay. I started by earning $6 for 8 hours of typing and after several months I had enough jobs to get a raise and got $8 for 8 hours of typing. My big break came when I got a good client from the U.S who noticed me and decided to give me a shot, she was paying me $15 for 8 hours of typing. The client increased her volumes and I was able to hire an extra typist to help with the extra workload I was getting. After several months with the client I was able to hire two more typists and the workload increased and I was able to set up a small call center where we do transcription jobs. I then saved up enough cash to set up a website.
I now have good experience in the business to be able to command a decent fee whilst assuring quality transcripts. I’ve had to weather through a lot of hardships having to almost close shop but no matter what challenges came my way I’ve always kept the faith and stood my ground and after every trying moment I’ve only grown bigger. I want to create a big call center and a big training hub in order to pass on the knowledge I’ve acquired over the years and help other young entrepreneurs start their own transcription businesses.
I know my goals and dreams are achievable and I also know help from Zidisha lenders will be really helpful and valuable.

Loan Proposal

I'd like to thank Zidisha for the far it has taken me and all lenders who helped in funding my earlier loans. The loan I am now applying for will be to help me market my transcription training center. The center is already up and running and we already have two students who have enrolled and are currently training. I am planning to print brochures, flyers and set up mobile tents to be able to attract the youth to enroll in our center. I am also planning to recruit some temporary staff to help in flyer distribution and putting up posters. Part of the loan will also be used to supply internet to our center. The cost of design and printing for brochures, cards, flyers and posters will be approximately $150. The temporary staff will be paid on a daily basis to help distribute the posters and flyers. Also temporary staff will be set up in tent like booths outside areas visited by our target audience mainly the youth. Total budget for that task is $300. The county council will be paid approximately $20 to $25 for permits to distribute flyers. The cost of equipment for internet supply is $80 plus $50 for the monthly subscription. The training center has already started gaining traction. We have meetings lined up with The National Council for Disabled people to see whether we can partner with them to train handicapped people who have restricted mobility be able to work and make a living working from home. I believe with the right marketing strategy and market education we will be successful and create a good brand that empowers young people.

Feedback

5

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Loan Info

Project Type

Classic Loan

Disbursed amount

$614.00

Date disbursed

Dec 22, 2014

Repayment status

Late

Projected term

21 months

Lenders

investor

Candiac, Canada

C

chkuo

Taipei, Taiwan

K

k9rich

Bay Shore, United States

BrianHibbs

South Bend, United States

S

SelvaMarcus

Green Cove Springs, United States

J

jjonas

berlin, Germany

tasos

hove, United Kingdom

chrsve46

Stockholm, Sweden

H

HildeK

Rogaland, Norway

D

Dadiolafs

Vestmannaeyjar, Iceland

1

1dancer

Irvine, CA, United States

ads68

Melbourne, Australia

D

DThirteen

Miami, United States

S

spesalvi

Houston, United States

L

laurashearin

Greensboro, United States

fairspirit

Utrecht, Netherlands

camilberlin

Berlin, Germany

MichaelOsburg

Hochheim, Germany

R

Ronnie

STOCKHOLM, Sweden

Hedwich

Gorssel, Netherlands

F

Frenchie

Johannesburg, United Arab Emirates

B

BigWillie

Belfast, United Kingdom

G

granite

Stanford, United States

Kristrun Tinna

Reykjavik, Iceland

Z

zangalan

Maryland, United States

Richard Griebe

La Jolla, United States

HealthcareProvider

Baltimore, United States

J

jonastang

Hong Kong, Hong Kong

Evan Lamos

Brussels, Belgium

T

thebonseung

Republic of Korea

pvilliger

Zurich, Switzerland

G

geoff

United States

M

meric

Australia

C

Chad

United States

WhyPeace

United States

K

Karpet

Faroe Islands

M

mjgoldsmith

United States

TyWee

Manila, Philippines

Vesa

Helsinki, Finland

Laparo

Dusseldorf, Germany

D

dk1234

Netherlands

Dave

Ede, Netherlands

M

mbarbier

United States

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

KM

Kirsty M

United Kingdom

BM

Brian Mickel

United States

Dave Bogard

New York, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Ian a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Jamal Hamou    Mar 8, 2018

    Hello Ian,

    Do you plan on repaying this loan? Repayments help the community continue to offer loans to others. We depend on repayments to keep the cycle going. This is how we can all avoid the large interest charged by banks.

    Let us know how you are doing.

    Blessings,
    Jamal

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  • Laparo    Jul 18, 2016

    Hi Ian,
    you still have outstanding repayment. When can we expect you to balance your account?

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  • granite    Jul 18, 2015

    Ian - how your business is going? All those photos really tell a story. Do you have photos with your students?

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  • BigWillie    Mar 3, 2015

    Well done Ian. Hope business is good. Keep going
    William

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    • Ian    Mar 9, 2015

      Thanks Big Willie. The business is growing and doing well. Thank you for your support.

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  • Ian    Dec 23, 2014

    Thank you lenders for the quick funding. I appreciate it.

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  • Hedwich    Dec 13, 2014

    Hi Ian,

    Thanks for uploading the photos. It looks great!

    Hedwich

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    • Ian    Dec 15, 2014

      Thanks Hedwich and I appreciate the support you've given.

      Ian

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  • Ian    Dec 13, 2014

    The training center at night.

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  • Ian    Dec 13, 2014

    Mureithi the electrician. He worked on the project till really late at night. An amazing guy and loves his work. I'm glad he worked on the project.

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  • Ian    Dec 13, 2014

    We're almost there. With a pal Denis asking him what he thinks of the place.

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  • Ian    Dec 13, 2014

    The classroom setup

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  • Ian    Dec 13, 2014

    Branding of premise

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  • Ian    Dec 13, 2014

    Desks after completion

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  • Ian    Dec 13, 2014

    Computers arrived on time.

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  • Ian    Dec 13, 2014

    Designers hard at work.

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  • Ian    Dec 13, 2014

    Working on site

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  • Jeremiah    Dec 5, 2014

    I phoned Ian today at 10:53 am, he told me that he sent an amount that will clear off his arrears.
    Thanks.

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  • Ian    Nov 17, 2014

    Hi cccs36. I'll be able to clear the loan by end of this week. There was a delay in funds being released by clients as well as other factors. Thanks for checking in on me.

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  • ccs36    Nov 15, 2014

    Hello Ian,

    Can you give us an update on how your business is going? I know you hit a slow spot and your income wasn't what you were hoping for.

    Please let us know. Thank you.

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  • Henry    Oct 15, 2014

    CONGRATULATION IAN MWANGI IN YOUR BUSINESS KEEP IT UP.

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  • Ian    Oct 7, 2014

    I would like to reschedule my loan. I'm expanding my business by opening a training college and due to the expansion I will take a short break as funds will be channeled to the expansion phase and once I've finished setting up the training center I will proceed with the repayments. The training center I am opening will be operational in three weeks time and will help educate and empower youths to be able to do transcription jobs from home and be able to earn some income.

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    • ToniMaree22    Oct 7, 2014

      Hi Ian,

      Thank you for updating us. I hope that the expansion of your business goes smoothly and I wish you all the best for your future endeavour.

      Thanks. :)

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