Entrepreneur
Name
George
Member since
March 2013
On-time repayments
12 installments • 0%
About Me
I am a Kenyan citizen who live in Naka in Nakuru district. The residential area that is developing at a high rate. I work in Nakuru town whereby am a businessman who deals with computer services and photocopy services. I am a businessman who have invested all his time, energy, money and experience in the ICT field. My business is growing at a high rate because it is located in Nakuru town; this has been contributed by good customer relation and offering several services at on shop. I also sell stationery at an affordable price to my customers. I am married and have 3 children all in school.
My Business
Nakuru Engravers & Designers is the name of this business. The business begun in year 2000. We offer all computer and ICT services such as scanning, lamination, photocopying, internet services and stationery at an affordable price to our customers which makes them flow in big number and we sell more. The increased number of customers is due to quality services given by our experienced personnel. The amount earned is used to and more stock to satisfy our customers needs payment of staffs and house rent. The business is able to earn about Kshs. 70,000 and in a month there is an expense of about Kshs.30,000 thus giving me a profit of Kshs. 40,000. This translate to a margin profit of about Kshs. 200,000 per annum. The main challenge in this business is lack of enough capital to fully stock the business to satisfy my customers.
Loan Proposal
I will use the amount given to increase the stock of my business and also see if i can buy one printing machine in order to satisfy my customers. thank you very much for your support to young business people like me. I will use the amount given to increase the stock of my business and also see if i can buy one printing machine in order to satisfy my customers. thank you very much for your support to young business people like me. I will use the amount given to increase the stock of my business and also see if i can buy one printing machine in order to satisfy my customers. thank you very much for your support to young business people like me.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Apr 21, 2013
Repayment status
Late
Projected term
12 months
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