Ndungu
Kisauni, Kenya
12% repaid
Name
Ndungu
Member since
February 2014
On-time repayments
401 installments • 75%
My name is David Ndungu and I run a small IT business in Mombasa. I was born in Kiambu county near Nairobi and later re-located to Mombasa, where I came for employment after clearing my college education. I later quit my job to start my current business. My main business involves the provision of IT services such as typesetting, Internet services, and basic computer training. I also do small printing jobs, lamination and binding services. I have been in this business for the last fifteen years. I run my business on rented premises in Mombasa town.
I am married with two school-going children, one aged 13 and the other aged 8. My wife is employed as a teacher. I also do part-time jobs as a graphic designer and videographer.
My source of revenue is mainly from the proceeds that I get from my business. I supplement it from my part-time jobs that I do over the weekends and during holidays. I provide IT services in a densely populated region of Mombasa where the demand for those services is very high.
I also have keen interest in videography and this gets me good income when hired to do video jobs like wedding, birthday parties, documentaries, etc. My wife, who is an employed teacher, supports me in my endeavors.
Through Zidisha loans, I was able to start up a cybercafe and the sale of computer hardware, and this has contributed a lot to the growth of my business. I also upgraded my computer training section by offering more courses.
As mentioned earlier, I used the last loan to start a new department of selling computer hardware such as terminals and related accessories. I am glad that this went well and my client base is growing progressively.
I now need to add laptop computers to my stock so as to address this market segment which is proving to be very popular with the local population. I have been selling desktop computers, but laptops will do equally well since they are mostly preferred by college students, of which there are many in my area.
This money will be enough to get me about a dozen refurbished laptops and this is a good number to start with. Since it is a new venture, I am hoping to make a profit of anything between 20 - 25% and this will boost my income significantly.
My name is David Ndungu and I run a small IT business in Mombasa. I was born in Kiambu county near Nairobi and later re-located to Mombasa in where I came for employment after clearing my college education. I later quit my job to start my current business. My main business involves provision of IT services such as typesetting, INTERNET services and basic computer training. I also do small printing jobs, lamination and binding services. I have been in this business for the last fifteen years. I run my business on rented premises in Mombasa town.
I am married with two school going children, one aged 13 and the other aged 8 years. My wife is employed as a teacher. I also do part time jobs as a graphic designer and videographer.
My source of revenue is mainly from the proceeds that I get from my business. I supplement it from my part time jobs that I do over the weekends and during holidays. I provide IT services in a densely populated region of Mombasa where the demand for those services is very high.
I also have keen interest in videography and this gets me good income when hired to do video jobs like wedding, birthday parties, documentaries etc. My wife who is an employed teacher supports me in my endeavors.
Through Zidisha loans, I was able to start up a cyber cafe and the sale of computer hardware and this has contributed a lot to my the growth of my business. I also upgraded my computer training section by offering more courses.
As earlier mentioned, I used the last loan to start a new department of selling computer hardware such as terminals and related accessories. I am glad that this went well and my client base is growing progressively.
I now need to add laptop computers in my stock so as to address this market segment which is proving to be very popular with the local population. I have been selling desktop computers but laptops will do equally well since they are mostly preferred by college students who are many in my area.
This money will be enough to get me about a dozen refurbished laptops and this is a good number to start with. Since it is a new venture, I am hoping to make a profit of anything between 20 - 25% and this will boost my income significantly.
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$2,776.00
Date disbursed
Aug 5, 2017
Repayment status
Late
Projected term
54 months
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