Loan to expand and deal with computer parts and accessories

Kevin

Soweto, Kenya

4% repaid

Entrepreneur

Name

Kevin

Member since

September 2014

On-time repayments

73 installments  •  34%

About Me

Born in a family of five and raised by a Single mother. I have struggled through hard and thick times to make it in life. I am A Part time student. in my final year doing Business Information Technology. I am bright, creative and innovative in all i do. The business i have is the greatest breakthrough in my life because it has given me most of the assets i have just from the money i get from it. Am an entrepreneur and i buy and sell computer accessories and computer services. Computer services comprise of a cyber cafe where Internet, photocopy, lamination IT services are offered. i believe that the field i am in will guarantee success based on the trend for the past two years. I believe the business is on a good trend and some support will help the business to go far

My Business

The business is 2 years old. i started it from my own savings and support from Friends and relatives. I started with 2 computers to now i have 10 computers. It has been a great growth and all the credit goes to the favour i have received from People and the grace from God. The money i need is to support my working capital, the business generates $1000 per month with a net of $500. The business sometimes has a challenge to operate when the capital is less hence the need to seek financing. the challenge is to buy materials for daily operations like photocopy papers, binding materials, lamination materials.
The demand is great and the market is ready hence the growth.
my experience with Zidisha has been tremendous and i believe that this loan has been of great impact to my business in transforming and growing my business

Loan Proposal

this is the Third loan from Zidisha and the growth i am experiencing has given me another chance to ask for funding for my next project for my business.
I operate a cybercafe where i provide services such as photocopy, Internet access, printing, typesetting and other IT services.
With much success business i have seen the need to expand and deal with the sale of computer parts and accessories in this town. The market is really available because the clients i serve keep asking for these products and so with additional venture it will help to satisfy the needs of the clients and also increase revenue for my business.
I have great zeal and passion in this business and so my daily hardwork ensures that i meet my sales target and also ensure that i pay my loans in time. I believe i have a ready market because of the orders i keep receiving
My estimated budget for this business is $1500 the $500 i expect from Zidisha lenders and another $1000 is from my personal savings.
the list of items to buy is very long hence i can't list it here buy they are all Computer software and hardware to support computer operations.
I do hope you will find it great to believe and fund me.
Thanks you

Feedback

1

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Loan Info

Project Type

Classic Loan

Disbursed amount

$501.00

Date disbursed

Jun 13, 2015

Repayment status

Late

Projected term

11 months

Lenders

PG

Paul Graham

United States

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

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  • Edson    Aug 27, 2015

    Dear Lender
    I called Kevin Lusaka and he made a Promise to update his Zidisha Loan Account By the end of the week so am expecting some changes on his account any time. He says that cyber business has gone down due to an increase in cyber within his area.
    Thank you
    Edson Wandera

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    • Kevin    Aug 30, 2015

      I hope to start paying by this week. Sorry for the inconvenience

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  • Kevin    Jul 14, 2015

    I am comfortable with this amount since its what my business can allow. In two months time i hope to be stable enough to increase my limit to the previous amount.

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  • Edson    Jul 10, 2015

    Dear Lenders Kevin Lusaka Phone is out of Network Coverage i will try to call him and His Contact person and update you lender on the progress and reason why his has not be able to re-pay his loan on time.
    Thank you
    Edson Wandera

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  • Kevin    Jun 17, 2015

    Thank you so much to zidisha and all the lenders. I received my loan and i appreciate. it so much

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  • Kevin    Jun 12, 2015

    Am grateful for the funding i have received. It gives me much joy to know that i have been funded. I hope to achieve more with this money.
    Thank you so much Zidisha and the lenders

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  • Kevin    Jun 1, 2015

    This is the third Loan am Requesting and The impact it has brought to my business is tremendous. I have great dreams and i know with god's help i will make it. Thanks to Zidisha lenders for lending and trusting me with their money. Thanks a lot and i look forward to great help from you

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  • Kevin    May 2, 2015

    i would like to clear it early because i have enough cash

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  • Kevin    Mar 21, 2015

    My business is doing great except for the normal daily hussles of business. thanks for asking

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  • Robert    Mar 20, 2015

    Hi
    Kevin how is your business fairing on all the best

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  • Kevin    Jan 20, 2015

    Thank you so much Lenders for your confidence and consideration. I feel blessed to be granted this loan. I won't let you down in my repayments. It will surely go a long way in buying the item i had hoped to buy.
    Thank you

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  • Kevin    Jan 19, 2015

    My Experience with zidisha was a great one. The money i received helped me buy supplies and this grew my business to a great extend. it has given me a new opportunity now to expand hence my next application is to enable me add items that will also help me increase my sales. thank you Lenders and God bless you in all your endeavors.

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  • Kevin    Jan 3, 2015

    Happy new year guys. Am thankful for the new year and Hopeful of the great things ahead of me. Am halfway through loan my repayment. everything is going on well cant wait to finish so that i may go to my next level. As a business person who Runs a cyber and Sell of computer accessories. i hope to Buy a nice printer in my next Loan that i will borrow.
    Once again thanks to those who funded me. I am really grateful for the help and i hope to achieve more in my next loan. I look forward
    God bless you all in 2015

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  • Kevin    Dec 9, 2014

    Am finished with my 2nd loan repayment installment. looking forward to finishing then taking another one for my next project

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  • Kevin    Nov 21, 2014

    thanks to Mepster my lender and the zidisha platform for the loan i got. I am sure it will go a long way to ensure i attain whatever i dream of achieving
    God bless you

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