Loan to buy computer

Erick

Nakuru, Kenya

100% repaid

Follow Erick

How it Works

Entrepreneur

Name

Erick

Member since

April 2015

On-time repayments

17 installments • 0%

About Me

Am Eric kahuno born 3rd in a family of six, having done and completed my education in the year 2002, born and raised in a christian family . during my childhood i had wished to become a Doctor in surgery but due to financial constraints forced me to drop my dream and pursue a sales and marketing course which made to start my own business since i had enough experience in business after having done an internship at Nakuru county council as a Marketer. i later got employed in 2005 as a sales person in a construction company dealing in Culvert, which i late quit since i was earning very low and i had more bills to pay. From the saving i bought 2 bicycles, employed two guys who would ferry people from one place to the other. so i used to earn at least USD 2 each day. Eventually i also managed to save and added 6 more which later on i saved and bought a Motorbike and ventured into transporting farm produce from shops to farmers in Rural Areas.
I have a kid who aspires to a football soccer star, and he is good at it.

My Business

As i had said earlier after having succeeded in Bicyce business i decided to buy a Motor Bike which i now use to Transport Farm produce from Shops to rural areas to farmers. i choose this kind of Business since i knew a little about the agriculture sector and since farmers had a hard accessing major towns due to transport issues. I do managed to make Nett profit of USD 200 after sales & 16 % VAT. I do use my profits to pay my kids tuition fee,house rent and other basic needs. In conclusion granted the loan will make my advanced changes to my business perhaps and boost my business.

Loan Proposal

I will use the loan to purchase a new set of computer to help run my business from Manual to a automated form of stock management. The set costs USD 132, from the loan given i will add USD 98.6 and buy a new one.
Having the computer will help my job so much since all money in and out will be accountable since it will manage my job and rise my profit from USD 2 to USD 3 daily.