Name
Francis
Member since
December 2012
On-time repayments
15 installments • 20%
Am Francis Waweru, i live in Mawanga Estate. While in Nakuru Town you board Matatu heading to Mawanga Estate Via Nakuru-Nyahururu road near Vineyard Hotel.You alight at P.C.E.A Church Stage in workers. i Hold a Diploma In Information Technology and Diploma in Business Management. I own a business where i deal with sales of Computers and Computer accessories. I started the said business because i had a passion for Computers and i have done a course in Information Technology.I have another project whereby i rear 3 calves and i buy for them calf pellets from my earnings and also paying salary to the person whom i have employed to take care of the calves.And if i continue like that ,I know i will not only have calves ,I will also start Zero grazing of maybe about 3 to 5 cattles,which will also be giving me some milk,and selling it,to town which will give me a lot of money,which i will be able to give soft loans to other people so that they can meet their needs and their dreams comes true,according to what i understand is that many peoples has some good ideas to get money but the problem is the capital,but thanks guys you are there for us.
My business is located in Nakuru. I deal with sale of computers and computer accessories i.e Mouse Keyboards, Laptops, power cables, Power supplies, Power backups, Memory cards, T.v Cards, Flashdisks, Tft Monitors, CPU'S, USB Cables etc.I also deal with general Maintenance and servicing of Hardwares.I have three employees who assist me with the servicing and maintenance of computers to my customers who are efficient and reliable thus making my business to be in demand for my goods and services and thus making my business very competitive and more profitable.I don't incur major losses but only when am transporting my goods from Nairobi where i do purchase them to their destination that is Nakuru because i use public means of Transport. I experience breakages.My monthly costs are Rent, Salaries, Electricty Bill and Water Bill.My sales revenue range from Kshs. 150, 000-Kshs.170,000. When i foot my monthly bills my net profit is about Kshs. 40,000- Kshs. 50,000.But know and believe that if i can get support or any assistance,my business can go higher and higher,Also i can be able to open other branches in different towns in Kenya,to expand my business.
I will add my stock with the loan,which will help me to meet all customers need.Because sometimes a customer comes and needs computers in large number,and maybe i don't have them,this can make me to loose customers,but having the loan i will be able to have computers,laptops,mouse,keyboands,flash disc and memory card in large number.Also this loan will enable me to open other branches country wind,and this will help my business to grow in a very high rate,and creating jobs to other people.
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Project Type
Classic Loan
Disbursed amount
$497.00
Date disbursed
Jan 7, 2013
Repayment status
Late
Projected term
15 months
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