Loan to purchase computer

Brian

Nairobi, Kenya

100% repaid

Follow Brian

How it Works

Entrepreneur

Name

Brian

Member since

February 2015

On-time repayments

93 installments • 87%

About Me

My name is Brian Amiani aged 21 years and I reside in Nairobi the Capital city of Kenya. Born in a family of three and raised by a Single mother, I have struggled through hard and thick times to make it in life. I am a second year student doing computer science 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 and also it has lessen the burden that my parents had in paying my school fees and now my siblings are all in various schools in our country Kenya. I buy and sell computer accessories and computer services. Computer services comprise of a cyber cafe where i offer services in Internet, photocopy, lamination. 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 to greater heights.

My Business

The business is 4 years old .I started it from my own savings and support from Friends and relatives. It is strategically located a few kilometers from Nairobi Central Business District. I started with 2 computers to now i have 4 computers. It has been a great growth and all the credit goes to the favor i have received from People and the grace from God. The money i need is to support my working capital and completion of education as I have got two years to graduate from the university. The business has grown exponentially and now it generates ksh 25, 000 equivalent to $250 per month with a net profit of $98. I pay ksh 3,500 for rent and approximately ksh 400 for electricity per month depending on the monthly usage . The profit i get from the business i reinvest it in the business and part of it i use for my school upkeep and i also support my siblings

Loan Proposal

Due to increase in number of clients, it has led to a demand for more computers and accessories. The loan i will receive from you will be helpful in purchase of a computer that worth $ 168. This will create a tremendous increase in net profits. Thanks zidisha and lenders for your valuable assistance.