Loan for expansion of my computer college

Francis Maweu

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Francis Maweu

Member since

December 2014

On-time repayments

286 installments  •  67%

About Me

i am 25 years old, God fearing, humble, intelligent and hardworking gentleman. currently, i graduated in December 2015 and was conferred a bachelors degree in economics from Technical university of Kenya.
i have always tried my best to achieve the best and so far i have something to smile and keep myself smiling always. since my childhood i have been enterprising. i used to rear rabbits & chicken to cater for my needs and supplement my mums' efforts in raising fee. it was a challenge but i have ever remained focused as am sure that, wherever there is will, there is way. today i appreciate zidisha as it has made me to grow in business thus making my life more easy to face financial challenges. something which really amuses me about my people is ego-centrism and very stubborn to help even if they see potential in you. its something which i never like and wish they could change and support young talents.
i am fond of learning tradition and spent most of my leisure time visiting and sharing with the aged in my community.

My Business

as stated above, i started venturing in business since childhood. after my form four(2009) i started doing photography, and after a year, i upgraded to video shooting. it has been successful story and up-to date I also provide these services. fortunately, i have been saving since then, at the same time paying for my fee.

in the year 2013 December, i managed to open a cybercafe. however, due to its high demand for capital it has been serious challenge of getting funds for expansion, considering i solely depend on it for paying for my fee and upkeep expenses. my services are experiencing upward trend especially during this time when transition from analog to digital is "picking" in my country Kenya.

i like the business because it involves acquisition of fixed assets and thereby no risk of getting losses due to perish-ability. again it personally helps me in getting information especially for my degree course. the revenue earned is usually spent for school fee and business expansion. due to the high demand of my customers am forced to add the number of computers in my cyber. this has been caused by the quality services i offer to them almost beating all my competitors.
i am pressured by this demand and wish i could get some backup at-least to raise additional income for expansion. I usually have yearly targets. For the year 2015 u assisted me start and run my computer college.
This year I am planning to raise the notch higher and start training video coverage and photography. I believe u will be supportive as ever.

Loan Proposal

I intend to diversify my portfolio from basic computer training to also train in video and photography. therefore i will upgrade from my small Sony camcorder to a professional video camera and a professional still digital camera. This will enable me to employ more and take advantage of the changing lifestyle of Kenyans of covering events like weddings, and birthday parts among others.
the budgeted cost include
1. professional video camera - $1200
2. professional digital steel camera - $500
3. tripod - $300
Total $2,000.
of this total i have managed to save around $800 and thus call for zidisha to help me realize my 2016 goal. i.e professionalizing my video& photography work. I am sure you will help me as you have done previously.

ths apart from training my fellow youths n how to cover events it will also increase my income by approximately $350 monthly as i will be offering such coverage at fee.

Looking forward for your support in this noble mission.

Feedback

4

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,289.79

Date disbursed

Oct 27, 2016

Repayment status

On Time

Projected term

27 months

Cost to entrepreneur

Service fee: $53.17

Lenders

T

Tmann

Los Angeles, United States

J

Jon

United States

Dunmail

United Kingdom

C

Christian

Saarbruecken, Germany

Dipsius

London, United Kingdom

ErikN

Stockholm, Sweden

KyRoamer

Louisville, Kentucky, United States

Svenip

Vienna, Austria

MakeSense

-, St. Kitts and Nevis

JimVandegriff

Trinidad, California, United States

H

hilde

seattle, United States

Tavin

Ottawa, Canada

athomas

Chevy Chase, United States

A

Austrian

Graz, Austria

P

Prysdahl

Marshall, United States

Ingela

Falun, Sweden

E

erogers

Vancouver, Canada

B

boronat

Brussels, Belgium

B

BlackWolf

Lappeenranta, Finland

F

flaguy999

Tampa, United States

W

willemsenphilippe

Edegem, Belgium

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

N

nk786

Dubai, United Arab Emirates

JonB

London, United Kingdom

mfrost3

Dakar, Senegal

D

Dianatalk

Netherlands

sderickson

Berkeley, CA, United States

M

martyb

United States

DavidHS

United Kingdom

Paul Buchheit

Mountain View, United States

B

bugdaniel

Switzerland

mepster

San Francisco, Ca, United States

B

bscent

Hong Kong

WiscoHorndog

United States

Loungin

United States

K

Keith

Luxembourg

Otto Barten

Amsterdam, Netherlands

TheGoodData

London, United Kingdom

C

Crainster

Chapel Hill, United States

SuperMario28

Cudahy, United States

melissapmeier

United States

N

NeoOzymandias

United States

Mike and Jacqui

United Kingdom

JL

Joao Leal

United Kingdom

J

Joas

Hannover, Germany

UN

Uwe Neumann

Frankfurt Germany, Denmark

Gab

Singapore

Dean Cress

United States

SK

Stefan Kruell

Muenster, Germany

JK

Hamburg, Germany

Julia

United States

V

Vivek

Arlington, VA, United States

George

Corvallis, Oregon, United States

CNV

United States

Carla

Amsterdam, Netherlands

B

Brent

United States

Pedro R-C

Cambridge, United States

Martin Nielsen

Aarhus, Denmark

M

Mart

United Kingdom

PG

Paul Graham

United States

PR

Paul Rausch

United States

Robin Padberg

Pétion-Ville, Haiti

EF

Eddie Flores

NYC, United States

Rosario von Li

San Jose, Ca, United States

A

Andrei

United States

Elise E

United States

Der Dooley

Dublin, Ireland

P

Peter

Germany

Thomas

Sweden, Sweden

Gabriel Fenili

Santo André, Brazil

Johnatan Ariotti

Brasília, Brazil

Carlos Raphael Rocha

Joinville, Brazil

Y

YTSJ

London, United Kingdom

Philip Schueler

Newbridge, Ireland, Ireland

JC

Justin cohan

United States

S

stevensau

United States

K

Katka

St Albans, United Kingdom

ND

Neil Dykes

United Kingdom

KE

Karen Epolito

Syracuse, NY, United States

T

tonym

Australia

RB

Rohit Bhatia

United States

MF

Marissa Fiore

United States

V

Vidar

Oslo, Norway

LT

Leslie Tymko

United Kingdom

DS

Dana Smith

United States

H

Huub

Switzerland

I

isaac

United Kingdom

JC

juli camrud

United States

RC

Rudi Chen

United States

M

Magnus

Switzerland

SR

Sharyn Ribich

United States

roark22

Geneva, Switzerland

B

Boris

Bern, Switzerland

SB

Sue Bucholz

Sacramento, United States

KT

Kate Turner

United States

SV

Salim Virji

United States

MT

Mufi Tabacchi

United States

P

PeterP

United Kingdom

HPK

Switzerland, Switzerland

BW

Betty Waweru

United States

K

Kenny

United States

L

Linda

United States

Jes-c

United States

RG

Ravi Gadad

United States

EW

Emily Winters

United States

GA

Giovanni and Yelena

New York, Ny, United States

JA

Jan Andresen

Hamburg, Germany

Sinan Taifour

Munich, Germany, Germany

E

Elle

New York, United States

JG

Jonathan Giuffrida

Chicago, United States

Matt and Erin Daly

San Francisco, United States

J

Jon

United States

Ed

Howells, United States

L

Lucy

Australia

M

manuvi

Antwerp, Belgium

Martin Kraus

Traiskirchen, Austria

Craig Newmark

United States

H

Hans

Czech Republic

The Zinc Team

San Francisco, United States

WS

Warren Shen

United States

Humble Bundle Community

San Francisco, United States

Marius Lohri

Switzerland

R

Robert

Chicago, United States

NM

Nitya Marepally

San Ramon, CA, United States

Day Family

Melbourne, Australia

BE

Bob Ewing

United States

V

VJ

Canberra, Australia

MP

mark ptak

United States

Dave Magnan

Québec, Canada

K

Kyle

Durban, United Kingdom

D

Dalton

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

Haroon S

United States

NG

Nathan Grey

United States

Dean Suminski

Portland, Oregon, United States

A

Anonymous

United States

GS

Gary Sinard

Franklin, TN, United States

ED

Eunan Doherty

donegal ireland, Ireland

M

Marco

Napoli (Italy), Germany

A

anna

Sacramento, California, United States

JU

jeremy upsal

United States

DW

Dan Winetsky

United States

WC

Walter Clarke

Phoenix, United States

JH

Joseph Hwang

Houston, United States

W

Will

United States

RH

Rachel Hipp

United States

TH

Tyler Harris

United States

Ask Francis a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Francis Maweu    May 6, 2020

    the corona virus has seriopusly hit my business... am struggling for survival

    Log in to reply • Share
  • Francis Maweu    Jan 31, 2020

    business so down cant manage to pay huge amounts

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  • Francis Maweu    Oct 23, 2019

    Business is down

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  • Francis Maweu    Aug 13, 2019

    the business is down

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  • Francis Maweu    Jul 1, 2019

    Currently am financially strained business is down

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  • Francis Maweu    Apr 28, 2019

    am pressed down by school fees thus cannot manage to pay high amounts.

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  • Francis Maweu    Mar 3, 2019

    Currently am paying fees for my wife and siblings thus unable to pay timely

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  • Dama Wanje    Feb 3, 2019

    Francis Maweu has given excuses as to why he didn't pay but now assured that he will clear the debt

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  • Dama Wanje    Dec 30, 2018

    Francis Maweu has said that he is going to repay by next week

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  • Francis Maweu    Dec 4, 2018

    thanks greatly for accepting and being ready to assist i am planning to buy a commercial printer/copier to increase efficiency which greatly increase my gross daily income.

    be assured your money will be invested in a worthwhile venture.

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  • Francis Maweu    Nov 28, 2018

    the loan enabled me to add more computers in my college, further more i managed to buy a tripond, digital Camera and a camcorder. this has promoted my services even though demand for the has not been that good. however i have seen my weekly revenue grow with almost ksh. 2,000 a week. it has been of great help and hope in future thing will continue being better and better,.

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  • Francis Maweu    Nov 14, 2018

    Business is going up as efficiency has been realized

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  • Francis Maweu    Nov 10, 2018

    to this far, Zidisha has nade me a stable business person,,,, despite taking too long to update on the progress, on note form i managed to change the outlook of my premises, constructed a shade along the verandah, (u can compare with the first pictures), diversified to gas vendoring, My money agency still doing good and also managed to buy a new photo printer epson px 660 for efficiency delivery of my services. may zidisha live long. see images of the current business premises.

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  • Francis Maweu    Sep 25, 2018

    i am through with certain upgrading and am optimistic that business will respond positively

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  • Francis Maweu    Sep 8, 2018

    business is down here but hope things will change soon

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  • Francis Maweu    Jul 20, 2018

    of recent my business has bee good but had some financial emergencies and thus was unable to repay the anticipated amount on time. i will therefore reduce installment for utmost 5 installments to regain my financial position then pick up again from there.

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  • Francis Maweu    May 11, 2018

    business has started to depict increased income thus feel i should increase my installment.

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  • Francis Maweu    Oct 21, 2017

    due to current political state in Kenya businesses generally are not doing well. so i am not able to get the stated amount but this wont last for long. so i opt to reduce atleast to manage without much strain.

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  • Francis Maweu    Jul 10, 2017

    I diversified my ventures to acquisition of a pool table thus being able to pay more than my weekly contribution.

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  • Francis Maweu    Nov 20, 2016

    dear lenders I received the whole loan amount,however Ihave not yet started operations. I ordered for the camera and its yet to be delivered. I am expecting to get it soon and my new business starts to operate. I humbly request your tolerance and understanding.

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