81 installments • 49%
Am a born again Christian, hardworking and ambitious, I was born in Mombasa, Changamwe District. am the third born in a family of seven. Am a married man blessed with one child. I completed my primary school education in the year 1999. Accomplished m O level in 2004. I hold a Diploma in Civil Engineering with CADD from The Mombasa Polytechnic University College. I completed this course in the year 2008. Currently I am employed as a Surveyor with a private company in Turkana as well as offering Computer services in my area village, which I started in the year 2009 after my college life. This was to create an employment opportunity as well as putting my entrepreneurial skills to practice while looking for other job of my carrier. I love athletics since it keeps me fit as well watching movies on free times.
Currently am employed working as a Surveyor undertaking engineering survey works which is my line of profession I would also like to term that as my great source of income at the moment after my computer service business. I would to use this opportunity and invest largely in purchase of survey equipments both for hire and personal which I have been hiring in the past for some of the contracts I have been undertaking. this will enable me save about two thousand shillings while using the machine or gain the same on hire. Apart from that I offer computer services which include typesetting, photo printing, photocopying and video coverage and editing. I operate in an area with less competition thus working to my advantage. Due to efficient and effective service delivery this has made my business the most preferably by my customers by meeting their delivery in a timely fashion. the business operates with the risk majorly theft, to ensure this does not occur we have deployed Masai security personnel to secure the premise where other businesses are also in operation. the business generates a minimum cost of one thousand five hundred shillings on daily costs making my monthly costs to not less than forty five thousand shillings a month. twenty five thousand of the generated costs are used to pay for the premise, wages for one of my staff as well as the operational costs of the business. leaving me with a profit of not less than twenty thousand a month. This keeps in a better position of meeting my family expenses as well as assisting in my home improvement as well as planning a better future for my family.
I would like to spend the money in increasing the stock of my business, since due to low operational capital which has led to poor service delivery, adequate printing and photocopying materials will ensure efficiency and effectiveness of service, increasing this stock will reduce the time spent from now and then for making the purchases as well as transport expenses that is incurred through the process. thus more time will have been created in offering services to the customers effectively.
Jan 23, 2014
Cost to entrepreneur
Lender interest: $50.02 at 14.70% annual rate over 1 month = $0.71
Service fee: $0.17