Name
Caroline Kimani
Member since
October 2012
On-time repayments
56 installments • 91%
i am a 26 years old Kenyan female who works at Airways high school as a lab technician.I come from a family of five and am the second born with an older sister and younger brother.I am a graduate from Nairobi university with a bachelor in computer application.with my earnings i purchase photocopying papers,blank cds,office equipments such as more desk tops to facilitate training of my computer students.
i opened a cyber cafe with a loan i obtained from jikaze women's merry go round,my savings and help from my parents.i deal with computer services such as type setting,photocopying,lamination,scanning ,internet services and computer repairs.my business is competitive over others since it has modern equipments both software and hardware.i open early and close late, affordable rates and services plus the area is highly populated creating a good business environment. i incur monthly costs of kshs. 25,000-30,000 and make sales revenue of kshs.63,000-65,000 giving me profit of about kshs.33,000
-if granted this loan i will use Kshs 15,000 to acquire a new Epson printer to reduce printing, scanning and photocopying work loads at my work place. Kshs 10,000 i will improve my furniture due to increase of students and clients.the remaining Kshs 20.000 i will purchase T F T monitors and tower C P U's to increase speed and competition
Positive
8
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$497.99
Date disbursed
Nov 5, 2012
Repayment status
On Time
Projected term
12 months
Cost to entrepreneur
Lender interest: $497.99 at 1.87% annual rate over 12 months = $9.44
Service fee: $16.60
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