Kiprono
Nakuru, Kenya
100% repaid
Name
Kiprono
Member since
August 2017
On-time repayments
10 installments • 90%
My name is Kiprono Josphat. I was born and brought up in a humble background. My parents were farmers and lacked a steady source of income.
I went to a local school and this saw me struggle so hard due to lack of school fees and enough basic needs.
Nevertheless, I managed to complete my primary and secondary school.
I had to stay at home for some years working on odd jobs to accumulate money to join the University.
In later years, I was able to save enough and underwent a degree course in Information Technology. I managed to complete the course despite major hurdles of lack of fees and basic needs.
The major challenge I have always tried to eradicate is poverty, which comes due to lack of funds and capital even if one has a good business idea.
With the help of little savings, I have managed to open up a cyber which I provide browsing, scanning, printing, photocopy, typesetting and selling stationary to customers.
It is my dream to supply my services in large scale and open up branches to reach more customers and realize higher profits.
I opened up a computer business which provide browsing, scanning, printing, photocopy, typesetting and selling stationary to customers.
I have employed one female member of staff who work with me in this business.
I pay this employee a monthly salary of Ksh. 10,000. In this business, I realize a profit of Ksh. 10,000 after paying myself a monthly salary of Ksh. 15,000. I plough back the profit to extend the business to provide more quality services.
It is my dream to supply my services in large scale and open up branches to reach more customers and realize higher profits.
Description of the Business . Sparks computer Center. Am dealing with computer services which include: internet, photocopying, typesetting, and printing services. The business has been doing well since the start in 2015. I have an assistant whom I pay Ksh. 6000 per month. In the business I get a profit of ksh. 25,000.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$5.00
Date disbursed
Sep 5, 2017
Repayment status
On Time
Projected term
5 weeks
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Helen Horseman Oct 8, 2017
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