Increase computer accessories and stock

Zachary Maina

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Zachary Maina

Member since

March 2014

On-time repayments

56 installments  •  64%

About Me

I am zachary maina age 29years.
i am married to Naomi maina and expecting a child in the next three months.
i am a graduate with a degree in computer science and Engineering from moi university.
for a while i have been offering service to businesses until i manage to save some capital to start my own business of selling and repairing computers and printers.
my business is eight months old and its doing well. i was introduced to zidisha organisation by a friend and am so grateful.

My Business

My business involves selling and repairing of computers and printers plus accounting software and point of sales.
the business is able to generate an income of kes 30000-40000 on a good business month after deducting my expenses i get a profit of between kes 15000-25000. the challenge i get is still competition and lack of enough capital to run the business. the solution i opt to is lowering prices and offering better services to my customers than my competitors who in turn prefer my products and services. i use the income i get from the business to cater for my family basic needs and to add more stock in the business.with your loan i will be able to purchase more stock of memories hard disks power cables and the most recent computer softwares e.g point of sales and accounting softwares which are in great demand.

Loan Proposal

when i get your loan i intend to increase my accessories stock for example memory chips, flashdisks, hard disks, power cables and i would also like to buy a hot air gadget that will help me when am doing repairs

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$145.27

Date disbursed

Dec 8, 2014

Repayment status

On Time

Projected term

6 months

Cost to entrepreneur

Lender interest: $145.27 at 5.90% annual rate over 6 months = $4.92

Service fee: $3.09

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