Loan to buy a photocopier machine

Erick

Chavakali, Kenya

100% repaid

Entrepreneur

Name

Erick

Member since

February 2015

On-time repayments

171 installments  •  61%

About Me

My Name is Erick Ndeda aged 28yrs old 1st born in a family of six, three girls and three boys, i live in Chavakali, Vihiga County in the Western region of Kenya. I am single and well educated. i attended Steadfast Educational Centre where i completed my Primary education in 2004, later joined Kibabii High school where i completed in the year 2008. I am a graduate from Kenya Methodist University and hold a degree in Bachelor in Business Information Technology.

My Business

I operates a Cybercafe at Chavakali market along academic street, i started operating my cyber cafe four years ago and the business has been doing great. I have been facing a lot of challenges in my business due to technology hitches, i don't have enough modernized computers & printers, i operates eight computers and two printers. I chose this type of business because its growing really fast since everybody needs internet and computer services. I usually earns Kshs 1000-1500 daily and use them to finance my Education and promote my business, pay my employee, rent and other services.
The first loan i received helped me a lot in upgrading the computers i use having repaid it i am requesting for a second loan which i intend to use it in renovating the the business premise i use, thank you zidisha for making me actualize my financial freedom.

Loan Proposal

Hi Zidisha lenders, I would like you to fund me buy a photocopier machine. The loan from your end together with my savings will enable me purchase the machine. Currently my business is located around a number of institutions hence my cyber cafe is strategically located in offering the ever in demand computer services (printing and photocopying) my old photocopy machine I'm currently using is slow and faulty hence inconveniencing most of my customers who have in the long-run deserted my place to elsewhere where they get faster services. I will appreciate if you fund thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$184.00

Date disbursed

Nov 30, 2016

Repayment status

On Time

Projected term

30 months

Lenders

ads68

Melbourne, Australia

Scotts5320

New York, United States

Jeremy

Washington State, United States, United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

Salvatore Martello

New York, New York, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

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