6 installments • 0%
i am in a family of four, i am an IT proffesional having a business at ogembo town in kisii county where i repair computers and phones. install softwares in machine and does networking for institutions and have two printers for printing, scanning and photocopying purposes. i started my business as a way of upgrading my economic status. i would like to buy a few laptops and sell plus a few computer accessoris too for sale. it is a shop that in a day serves not less than 50 customers and its well advertised and accessible for them.
i do get a profit of 4000 in a month after all the expenses are cartered for like rent, stock, electricity and small income too. the major risk is mainly power surges that mostly interfere with my machines spoiling backups. my business offers customers with fast and reliable services such as printing, computer repairs and diagnosis, networking is a fast thing since a cyber depends mostly on it, i also have the latest softwares needed by my clients hence income is fast.my business if well stocked can pay the loan.
this loan will help me expand my business with stock that is normally used on a daily basis. the amount of money will enable me buy this items and will ensure that loan is repaid well in advance. With the customer number increasing, wish that will catch a good number that will enable my business grow by availing the items they need in advance.
Jan 12, 2015
Cost to entrepreneur
Lender interest: $90.15 at 9.14% annual rate over 1 month = $1.09
Service fee: $0.44