John

Nairobi, Kenya

100% repaid

Entrepreneur

Name

John

Member since

November 2013

On-time repayments

89 installments  •  9%

About Me

i am a hardworking computer seller situated in juja near jomo kenyatta university of agriculture and technology. i am a degree holder of information technology with honor of second class upper division. i started the computer business after seeing the large number of students joining campus and they all needed to buy computers for their studies. right now my business is small and the profits i get i plough them back to my business. i am very well conversant with technology and i hope that i will combine my proffesional skills and my business to change the world of technology.

My Business

i will use my profits gained from the business to pay for my loan. also i am a part time teacher at a local college and i will also use my salary to help repay for the loan. my business deals with the sales of computers including laptops,desktops,printers and other accesories. my business is profitable because i interact well with my customers hence they tend to trust me more. also they prefer my products because they are cheap and of best quality. my business faces alot of challenges and risks like the competition in the market for computer sales is higher because the IT field is getting flooded. i incur monthly costs of about ksh.50,000 and the revenue and profits amount to about ksh. 80,000. i will use the loan to invest in my business.

Loan Proposal

i will fund my laptop selling business with the loan offered. i will combine it with other savings to grow my business wide. due to a high demand in computers from college students i am sure that my business will be of great sucess. i plan to expand it to reach as many customers as possible. i am sure the funding i will get from zidisha will be of much help both to me and to my society. i will appreciate your funding.

Feedback

3

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Dec 3, 2013

Repayment status

On Time

Projected term

2 months

Lenders

IM

Isak Maaseide

Tromso, Norway, Norway

Richard Griebe

La Jolla, United States

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

Loading...

Loading...

Loading...