Inventory of laptops for my computer hardware store

Ndungu David

Kisauni, Kenya

11% repaid

Entrepreneur

Name

Ndungu David

Location

Kisauni, Kenya

On-time repayments

390 weekly installments  •  81%

About Me

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 Business

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.

Loan Proposal

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.

Show original English  

About Me

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 Business

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.

Loan Proposal

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.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$2,775.90

Date disbursed

Aug 5, 2017

Repayment status

Late

Projected term

54 months

Cost to entrepreneur

Service fee: $124.49

Lenders

G

GalantnostS

Hong Kong, Hong Kong

W

WilsonLending

Atlanta, United States

C

Christian

Saarbruecken, Germany

investor

Candiac, Canada

BelleStarr

Albuquerque, United States

cyrus0302

San Francisco, United States

AltruisticSelfishnes

Chicago, United States

ErikN

Stockholm, Sweden

AndreaBravi

London, UK, Canada

Kjartan

Oslo, Norway

T

Tallago3

Munich, Germany

R

rmacaw

Australia

T

Timotte

WOLLONGONG, Australia

B

briansedz

Canton, Ohio, United States

indeh

London, United Kingdom

S

SlyDoh

Tomball, Tx, United States

Boysenfam

Boulder, United States

B

bgj21

Cambridge, United Kingdom

Cloudways

Malta, Malta

lorello

Vicopisano, Italy

L

loistf

Madrid, Spain

G

Goodwill

Oakland, United States

B

BClay

Campbell, United States

ads68

Melbourne, Australia

S

Scodeb123

Huntsville, United States

E

edgreig

Brixton, United Kingdom

M

mwkelley2

Columbus, OH, United States

Cadwah

Barcelona, Spain

Andreas Kiss

Vienna, Austria, Austria

Bruno

São Paulo, Brazil

A

Andy

Berlin, United States

G

glh25

Winooski, United States

fairspirit

Utrecht, Netherlands

rhagen

New York, United States

Bobrm2k3

Charleston, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Zal0m0n

Atlantis!!!! x), Mauritania

H

HobbyCollector

Beach City, United States

gseletko

South Perth, Australia

JOKer

Weisendorf, Germany

soniad

Dubai, United Arab Emirates

xtrahardware

Cazenovia, United States

D

doroncoh

Tel Aviv, Israel

E

edgrr000

Dallas, United States

E

E

Marin county, United States

Freewolf

Salt Lake City, United States

H

happytrailsjpd

South Bend, United States

M

mibrahim51

Mountain View, United States

G

Graceanne

milwaukee, United States

C

Clben7

Cincinnati, United States

Evan Lamos

Brussels, Belgium

sderickson

Berkeley, CA, United States

D

drorm

United States

P

Peaches

United States

C

chrishol

United States

D

DCLending

United States

O

osubucks45

United States

S

simonista

United States

D

DandS

United States

lyalljellyman

Wellington, New Zealand

joshuacollinson

Vienna, Austria

S

sarah4d2

Saint Louis, United States

R

ruth11

United Kingdom

smastermind

Jerusalem, Israel

mepster

San Francisco, Ca, United States

R

RonEddy

United States

AndrewNeu

Ho Chi Minh, Vietnam

J

JonAlec

United States

D

Desteli

United States

Grant Xavier Storer

Seattle, Wa, United States

K

Keith

Luxembourg

M

Medagan

San Franciso, United States

S

satheajay

United States

S

smanda

United States

B

beegkitty

United States

K

Kebrenagast

New York, United States

SuperMario28

Cudahy, United States

T

Tony1

Australia

Voscke

Utrecht, Netherlands

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

JP

James Parker

Sacramento, United States

Matthias

Frankfurt Am Main, Germany

Frank Termathe

Frankfurt Main, Germany

DR

Daniel R

Berlin, Germany

UN

Uwe Neumann

Frankfurt Germany, Denmark

Mark

Nijmegen, Netherlands

MD

Miles Dodge

CORVALLIS, United States

MW

Matt Willis

United States

W

Wade

United States

P

Patty

Colorado Springs, United States

Elly

Woudrichem, United Kingdom

jtreyes

United States

BS

Bart Sturm

Amsterdam, Brazil

BV

Ben Veal

United Kingdom

RM

Roxane Milot

Gatineau, Québec, Canada

Max Lettenberger

Madison, WI, United States

M

Marc

Newcastle upon Tyne, United Kingdom

EB

Erica Brescia

United States

C

cota

United States

CNV

United States

PG

Paul Graham

United States

N

Nick

Greater London, United Kingdom

N

Nick

United States

E

eriklonnroth

United Kingdom

A

Allie

Australia

Aran Dunlop

United States

Christopher Hey

Sudbury, Canada

Dan Michael

Oslo, Norway

DB

Daniel Bezerra

JABOTICABAL - SP - BRAZIL, Chile

HPK

Switzerland, Switzerland

Angela Linwood

Minneapolis, Minnesota, United States

SG

Suresh Gadad

United States

Zack Stein

United States

EW

Eli Weiss

United States

J

Jon

United States

I

ibaer

Germany

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Benjamin Kniaz

Boston, United States

Humble Bundle Community

San Francisco, United States

ES

Evan Simons

United States

V

VJ

Canberra, Australia

D

Dalton

San Francisco, United States

MP

Marieke Peeters

Amsterdam, Netherlands

NG

Nathan Grey

United States

The X2AI Team

San Francisco, United States

A

Anonymous

United States

France

R

RMIM

United States

A

Anabell

Elizabeth, United States

E

Eric

Canada

AS

Andreas Schäfer

Basel, Switzerland

Nethanel Kohen

NYC, United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Darren Jeppson

Denver, Colorado, United States

BG

Bruce Garretson

Portland, Oregon, United States

AD

Andrew DiMuro

United States

MC

Martin Carmouze

Sterling, United States

AD

Arthur Dent

United States

AA

Andrew and Kim

Nashville, TN, United States

James Douglass

Sydney, Australia

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