Open an office for my online freelancing service

Eliud Ominde

Nairobi, Kenya

20% repaid

Entrepreneur

Name

Eliud Ominde

Member since

April 2015

On-time repayments

167 installments  •  53%

About Me

I am a young energetic entrepreneur who believes in self initiatives for personal growth and development. I hold a Bachelors In Education from Nairobi university and due to graduate in August with a Masters from the same. After my first degree graduation, I took up a job at Lutheran World Federation as an Administrator in Kakuma Refugee Camp, Kenya. During my free time, I used to do Online freelance work that mostly constituted research. I decided to switch fully to this business after my Contract with Lutheran World Federation ended. This is what I currently do. I have been making the steps to formalize and increase productivity in my income generating engagement, utilizing the knowledge and skills I gained from Training and work to gradually perfect the art.

My Business

I run a personal online research business. One of the aspects of the business is gathering of academic material, online tutorials and academic assistance to students. I research and report in various disciplines that include Education, Nursing, History, Business, Marketing, Technology and Natural Sciences among others. For every report generated per research, I get paid a variable cost per page that is calculated by the number of pages, discipline, complexity and academic level of the research. The main resources I utilize is an unlimited internet connection and a laptop computer. The main advantage of this business is that, besides the aforementioned resources, there are no other major resources required, apart from research skills and academic knowledge. Besides regular internet and electric bills, there are no other major expenditures, increasing probability of profit. Typically, I spend approximately Ksh.8000 (90 USD) on associated bills. The income ranges between Ksh.30,000 ($290) and Ksh.40,000 ($380) every month. I use a significant amount of the income for bills and supporting my brother in college. I also manage to save some for future expansion plans.

Loan Proposal

I intend to set up an office from where I will dispense my research services. Currently, I work from the house if am not meeting my client. My help also works from his house and we coordinate over skype, email and social media, when he is not at my place. I have decided to work from an office where clients can come if I can't go to them, as an alternative and for convenience and trust building. I have identified an office at Lumumba Drive, Roysambu that costs Ksh.15,000 a month (Approximately USD. 150). To use the office one is required to pay 2 months deposit and a month of rent. I currently have in my possession office seats, a working table and office stationery. I also have a month's rent. I will use the loan for the 2 months deposit that totals to Ksh.30,000(USD.300). I will also use the Ksh.6000 for the city council business permit. Having a physical and official working location will help me build more trust with my customers. It will also be positive for my work culture, discipline and daily production assessment. With higher trust, I expect referrals from clients for whom I have worked to increase. I will also be able to manage my work well with my help working beside me. I also intend to get a second employee and the work place will be appropriate for a growing team. The lowest I make for a research paper is usually Ksh.8,,000 (USD.80) and an increase in referrals even by one is highly sought after. I look forward to your support. Thank you in advance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$363.00

Date disbursed

Jul 20, 2016

Repayment status

Late

Projected term

64 months

Cost to entrepreneur

Service fee: $18.16

Lenders

johnfay

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C

Christian

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Elinor

Maple Lake, MN, United States

M

MiguelGago

Guimarães, Portugal

AltruisticSelfishnes

Chicago, United States

ErikN

Stockholm, Sweden

C

czeisler

Hochheim, Germany

F

FHult

Stockholm, Sweden

T

tloureiro

Pfungstadt, Germany

R

Roman

Barcelona, Spain

johnandmoliehi

Canton, New York, United States

Zidisha

Sterling, United States

M

mogensh

København V, Denmark

Apmay

Melbourne, Australia

A

AlexCheng

Seattle, United States

B

briansedz

Canton, Ohio, United States

C

chrisherron

Chicago, United States

H

hanso

Arendal, Norway

A

anonymous123

United States

J

JandC

Watsonville, United States

DLarson

Morris, United States

Landei

Sandersdorf-Brehna, Germany

Myrar

Aarau, Switzerland

Los Wade

United States

E

ebronken

Oslo, Norway

C

cravioli

geneva, Switzerland

D

davide

Vallentuna, Sweden

AdvancingCompassion

San Diego, United States

J

JoeSolar

Virginia, United States

K

KnutAnders

niedernhausen, Germany

ads68

Melbourne, Australia

jimmycarterforever

Missoula, United States

dhulsterwim

LIER, Belgium

swendl

Iowa, United States

E

erogers

Vancouver, Canada

R

Rachel

Vernon, Canada

D

dannimw

Victoria BC, United Kingdom

mrgonzalo

San Francisco, CA, United States

nakamura

United States

B

bek88

Fairview, United States

T

TurgayAlihos

SOUTHBANK, Australia

C

cardiff

Falls Church, United States

JTShorty

Gorham, Maine, United States

M

Marod

Edmonton, Canada

A

Andrii

Kiev, Ukraine

G

greendave

Manchester, United Kingdom

K

kingcamo1095

Mountain Home, United States

H

HobbyCollector

Beach City, United States

lemonadestand

Brisbane, Australia

D

Dutch_lender

Leiderdorp, Netherlands

B

Blazeski786

Shimoni, Kenya

B

BMcDermott

Washington, DC, United States

D

DogFort1

Sydney, Australia

M

Michiel

Zoetermeer, Netherlands

Jamesaubrey

Norman, United States

PlanetEarth

Somewhere close, United Kingdom

C

Clben7

Cincinnati, United States

M

martyb

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M

Malibu

Westwood, United States

A

axienjii

Amsterdam, United Kingdom

I

ibd267

Ambler, United States

G

guiambros

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C

chrishol

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MalcolmL

San Francisco, United States

P

PietjeP

Eindhoven, Netherlands

D

DCLending

United States

J

Jonas

Linköping, Sweden

C

CRR7x

United States

F

FSO

Canada

poorinvest

Sandefjord, Norway

Landerson

Edinburgh, United Kingdom

ToniMaree22

New Zealand

larry

Sweden

C

charleen

United States

mepster

San Francisco, Ca, United States

A

Amengan

Netherlands

L

luckiestmonkey

United States

B

bscent

Hong Kong

B

blambert

United States

T

tehmle

United States

S

sarahb

United States

M

Medagan

San Franciso, United States

N

nshekher

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S

satheajay

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C

cocolo

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adrianz

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N

nagoll

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D

dmorley

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T

twm3823

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E

egines

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V

VeraG

Germany

G

Gordbarb

United Kingdom

reluck

Marseille, France, France

Kyle Hoback

Jersey City, NJ, United States

A

andreab

United States

D

djlayton4

United States

Peter R

Fulda, Germany

Frank Termathe

Frankfurt Main, Germany

F

Falk

Germany

M

Marcus86257

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Gab

Singapore

Veeti

Helsinki, Finland

Villa Maria Outliers

Montreal, Canada

One Love

Boston, United States

Jerome

Switzerland

P

Patty

Colorado Springs, United States

JD

Jo Dane

Melbourne, Australia

Dominik Wagner

Karlsruhe, Germany

H

Hazel

United Kingdom

Elly

Woudrichem, United Kingdom

Jake Badger

Roskilde, Denmark

C

cnr

United States

jtreyes

United States

MB

michael breen

United Kingdom

KW

Kevin Wehber

United States

The Bayiates Family

Chicago, IL, United States

JM

John Meserve

United States

DF

Daniel Fehr-Krahn

Winnipeg, Canada

BS

Bart Sturm

Amsterdam, Brazil

MA

Mary Art Hunt

United States

SK

Stefan Kruell

Muenster, Germany

E

erica

antwerpen, Belgium

CN

Cyprien Noel

United States

BV

Ben Veal

United Kingdom

ME

Mike Engsberg

United States

Max Lettenberger

Madison, WI, United States

Julia

United States

KL

Kevin Law

United States

Kevin

San Francisco, United States

JC

JD Conley

United States

KD

Kent Don

United States

TB

Taylor Brown

United States

EB

Erica Brescia

United States

Lisa Hendry

Cheltenham, UK, United Kingdom

Mouhamed

United States

MG

Meron Gribetz

United States

Paul

Seattle, United States

JD

Jeff DePree

United States

N

Nikhil

United States

George

Corvallis, Oregon, United States

ME

Manaal Eisa

Washington DC, United States

CNV

United States

RM

Robert Mulley

United States

Andri K

Baden, Switzerland, Switzerland

Framework Eyewear

Utrecht, Netherlands

Solon Brown

Singapore, Singapore

Martin Nielsen

Aarhus, Denmark

JF

Jason Foti

United States

F

Frits

Rotterdam, Netherlands

M

Mart

United Kingdom

Robin Padberg

Pétion-Ville, Haiti

Sarah and Dave

Toronto, Canada, Czech Republic

Dmitriy Govorov

Karagandy, Kazakhstan

P

patricio

Yorba Linda, Ca, United States

Mark Grey

Redding, CT, United States

E

eriklonnroth

United Kingdom

YK

Yonghwan Kim

Republic of Korea

A

Allie

Australia

Diego

Monza, Italy

Dirk

Penang, Malaysia

Craig Newmark

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The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

A

Anonymous

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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