Loan for coloured printer, stationery and other expenses

Rosebella Mukonga

Mumbuni Machakos, Kenya

75% repaid

Entrepreneur

Name

Rosebella Mukonga

Member since

April 2014

On-time repayments

30 installments  •  70%

About Me

I am a young lady who is outgoing, currently I have started a business dealing with Cyber services(internet services) and computer services and would like to get income to help me advance in the business.
I am married with one child who is 1 year 3 months old. I come from a family of Four Siblings being the last born of the family. i have a Diploma in Information Technology. My passion is information technology. which puts me i a better place with the business i have started.
I intend to use the money to buy a colour printer, stationery as well as small expenses for the business. Your support and encouragement will be highly appreciated.

My Business

I am currently employed in a Cyber but am establishing my own place which is already in operation. I provide internet and computer services (typing servises, binding, printing and photocopy services). it is a booming business due to the opening up of educational institutions as well as online government services, there is a gap and i believe there is an opportunity to be harvested in provision of this services.
I also do intend to offer computer l
essons in the near future to ensure that the masses are computer literate. This will ensure that I have a steady supply of business. My business location is in the town center near the city of the County Government which affords me a strategic advantage, this also helps market my business as it is the go to place.

Loan Proposal

I would use the loan to purchase a colour printer because of printing coloured documents as I had not purchased one and the demand for coloured printing is high, and the cost of printing is high in the area hence high returns. The colour printer will cost around 12000 ksh and the balance of around 2822 ksh I will use for the purchase of stationery and other expenses.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$168.73

Date disbursed

Nov 10, 2014

Repayment status

Late

Projected term

3 months

Cost to entrepreneur

Lender interest: $168.73 at 13.15% annual rate over 3 months = $7.19

Service fee: $2.00

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