52 installments • 71%
I am a volunteer Church minister in Kenya with GCFC ( Grace Community Fellowship Church)and a part-time bible school teacher at KMTI (www.kmti.org). I am a father of 6, Two girls who both have just started making an income one running her own Business and the other a legal office at a local company. 2 boys in High school and 2 boys in primary school. I hold a Degree in Bible and Theology. In 1997 I was going through a rough time in my life this cause me to stop teaching at the Bible school and also doing any church ministry. at this point, I trained myself in computer maintenance through some books and CDs a friend from the USA gave me. This set the path for me to start a computer repair shop that eventually became a full-fledged IT Store. However, in 2013 I found my self in bad debts because of my lack of proper planning and this cost me my business. Part of the problem was no one was willing to refinance me to start over. Since then I to date my clients bring their work to my house where I do the work at night and deliver the finished product the next day.
I currently undertake, repair and maintenance of smartphones i.e replacing broken screens, or parts or fixing software issues, I also fix and maintain laptops. and I also install CCTV . among those clients I previously had when I run an IT shop. Currently, everyone has a smartphone or even a laptop and this break daily and many can't afford new ones they prefer to repair. The challenge is financing that can allow me to reopen my business especially now having learnt from my past mistakes. I have since Joining Zidisha added the sale of refurbished ex -UK/USA Iphones. which has proved really profitable.
My profit is mainly used for the family to take care of my bills and pay school fees for my kids 2 in high school and 2 in primary school. sometimes I also buy common parts clients need.
Zidisha Has turned my tables around. and because of them, I can now do what normally I would have given away to other technicians and only got a commission. With my next Loan as per the video, I plan to buy and replace the complete screen for a client @ Ksh. 15,000/- and also supply an EX-Uk laptop to another client @ Ksh. 25,000/-. and Buy a battery for a laptop @ Ksh 3,500/-.
This is business I would have given away but now if I get this loan I can supply the items and make more profit. which in turn will create a better revenue base for my family. considering banks cannot fund me because I operate from my house.
My business if this loan goes through I estimate my profits to be 3 times what they have been. which means I anticipate to make over 15,000/- per week.
Apr 15, 2021: Loan to complete our family house
Mar 12, 2019
Cost to entrepreneur
Service fee: $21.64
Credit risk payment: $86.57