Loan to buy a computer monitor

Jane Ndegwa

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Jane Ndegwa

Member since

July 2014

On-time repayments

346 installments  •  92%

About Me

My name is Jane Wachu – born in Nyeri County in Central Kenya. I was born in a big family of 9 and I am the 3rd born. I come from an agriculturally rich region where the main activity is coffee farming.

My parents like most people in the area practised coffee farming and it is from this activity that they raised us up.
It was a hard life because the income was not enough to cater for even the basic needs of the family and we endured lack of many necessities. In spite of the odds, my parents took me to school for my primary and secondary school and I will forever be grateful to them for this.

I managed to get a clerical job at a local health center but the pay was very poor and I quit after a few months. I decided to relocate to Mombasa to live with a friend at the same time trying to get a job for my sustenance. While living there, I enrolled for a short computer course which took me about 6 months to complete.

I am very sound spiritually and I do evangelism work when time allows. I am married with a 3 year old son.

My Business

After my studies and with the help of my friend, I bought a second hand computer to further sharpen my IT skills. My neighbors got very excited at the sight of a computer because many of them had not used or even seen one before. I saw an opportunity of making some money by offering very basic computer training to this crowd. I lived in an area that is economically depressed and I could only charge the students some minimal amounts.

With serious savings and dedication, I bought a second computer after one year to cater for the growing number of students. I can handle about 10 students in a day using my two computers and this gives me a net income of about $200 per month. While this is a modest amount, the future is bright and I believe I can double this income if I get more machines.

Loan Proposal

If I get funded, I will use the money to buy a modern TFT monitor which will cost me about $60. One of my computers uses the old tube type monitor which is failing gradually. It also occupies a lot of space in my small room and a TFT one will be a good choice due to quality and small.

Thank you and happy holidays!

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$50.09

Date disbursed

Dec 26, 2014

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Service fee: $0.22

Lenders

A

Anna

Brussels, Belgium

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

Loading...

Loading...

Loading...