Inventory of more equipments in my cyber shop

Victor Amugune

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Victor Amugune

Member since

November 2014

On-time repayments

301 installments  •  51%

About Me

Am a humble Christian and determined to step over the next step of life, in every day I see by the powers and enabling of my Lord's grace. The same principle of love, encouragement and growth is the strength I apply at my business place. Having graduated with a diploma in IT and hustled and searched for job with no vain. I later was funded by my uncle who bought for me a secondhand desktop which i started the business and later on i acquired a second hand laptop from my friend on loan. Am grateful to be part of Zidisha family as large, and hope that by God's grace my hand through the round goes in Zidisha I will get an opportunity to torch somebody somewhere in life.
Thank you Zidisha and lenders for lifting me this far.

My Business

Nax Graphic Design is a graphic design studio focusing on brand identity, promotional items and garment design. I am currently active in several different markets, including working with high schools, event promotions, start-up businesses, churches, local bands and book layouts. I decided to go into business for myself when I had grown as much as possible at my previous job, and all other job opportunities in my field required relocation out of my home County. A friend of mine who owns a business lettering comic books suggested I look into starting my own business from home. I started this business because I love what I do, and because I know I have the drive to succeed. I live a very responsible life, and I would never have made the jump to owning my business and putting my financial livelihood in jeopardy if I didn't know I was going to be successful. My biggest challenge is getting my name out to new clientele, and standing out among the crowd of high end design firms as well as bottom line freelancers.
I use my profits to reinvest in my business and helping my family needs.

Loan Proposal

Given the loan I would like to purchase a laminating machine for my computer shop and to add some printing paper in it too. A laminating machine costs approximately 60$ but I have paid halfway for one and will buy it at 30 $.
I will also use 20$ to buy plain photocopy and printing paper. I have been having a printer and will add another one later on in the year. However, the current demand of students needs at least an additional 20$ of plain paper, approximately 5 rims of 500 A4 sheets in each rim. That’s 2500 A4 plain papers.
This should meet the demand.
I will buy a hardy stapler and a binding machine that costs 33$ and add stationery such as pens, blank CDs and plastic bag folders which are common with the university students. These additions should make me a good profit.
When I type and print on plain paper I usually charge 30 Kshs per paper I print, that’s approximately 30US cents per page. So for 2500 plain A$ papers I should be able to make a profit of around 5,000 kshs (55$) per week.
I will bind proposals at 10$ per 100 to 200 page proposal.
This should enable me pay the loan and safely reinvest my proceeds in the computer shop, eventually being able to purchase an additional computer with the increased proceeds.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$264.40

Date disbursed

Jan 30, 2015

Repayment status

On Time

Projected term

22 months

Cost to entrepreneur

Lender interest: $264.40 at 3.50% annual rate over 22 months = $17.14

Service fee: $51.16

Lenders

C

CWS

Huntington beach, ca, United States

H

Hilke

Bremen, Germany

investor

Candiac, Canada

J

johan

Oslo, Norway

P

Peter

München, Germany

torelizer

Reggio Emilia, Italy

P

Philippe

Adliswil, Switzerland

BelleStarr

Albuquerque, United States

L

lmuenchen

Munich, Germany

I

ideerge

Mountain View, United States

EHTHighSchool

Egg Harbor Township, United States

J

jozua

Delft, Netherlands

H

Hynek

Brussels, Belgium

Zidisha

Sterling, United States

BJ

Brandon Joz

North Carolina, United States

Jeff and Marcie

Portland, OR, United States

C

CheesemanDan

Shanghai, China

Krtecek

Balzers, Liechtenstein

P

proby24

Singapore, Singapore

T

tmsaddress

Orlando, Florida, United States

mikeoberhaus

San Francisco, United States

I

IonutN

Bucharest, Romania

Zal0m0n

Atlantis!!!! x), Mauritania

Evan Lamos

Brussels, Belgium

B

BobHope

United States

Paul Buchheit

Mountain View, United States

B

BigRosie

United States

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