Loan to purchase kyocera fs 2100 copier
Charles
Kinangop, Kenya
1% repaid
Entrepreneur
Name
Charles
Member since
June 2016
On-time repayments
176 installments • 37%
About Me
It was later to dawn to me that it would again take almost ten years waiting to be absorbed by the government. With the skills that I had acquired in Information Technology, I thought of switching to something different and the idea of self employment was born. During my stay I have been offering services and on producing online payslips for teachers, I have been disappointed since they are usually underpaid and id rather stay in business where I feel I do better than in the teaching profession. May be in future i will invest in education and think of managerial position in the teaching profession which is far much better than being just a classroom teacher. It was later to dawn to me that it would again take almost ten years waiting to be absorbed by the government. With the skills that I had acquired in Information Technology, I thought of switching to something different and the idea of self employment was born. During my stay I have been offering services and on producing online payslips for teachers, I have been disappointed since they are usually underpaid and id rather stay in business where I feel I do better than in the teaching profession. May be in future i will invest in education and think of managerial position in the teaching profession which is far much better than being just a classroom teacher.
My Business
After graduation and no jobs coming by, I decided to start a simple business to earn income, I own a stall offering various accessories I own a desktop computer and have been offering computer typesetting services to my customers. I also design cards and do the printing. The business is so far doing well, however the operation cost is making profits go down, in side of printing, i dont have a reliable printer and the HP deskjet 2515 that I own is not reliable. This means that whenever I have bulk printing and photocopying, there is interuption to do some reffiling of ink and sometimes the catridges fail. Photocopying is my main source of income since atleast every day i make about USD5 in photocopies only.
Loan Proposal
In this loan, I will purchase a Kyocera FS2100 Photocopying machine. This will go along way helping me produce exams for the schools that have contracted me so far. I have been using 3 printers, deskjet 2515, HP P1005 and Epson L220 to produce bulk exams for schools but this has proved slow since sometimes I am just given 1 or 2 days to complete the task. Most of the time I am forced to work overnight and this has proved tedious. Kyocera Copiers are effective since going by market research, they can be able to produce many copies within short period of time and again cost of consumables are low. This copier is currently going for USD 8500 with an option paying deposit and complete payment later. This will put me at an advantage and be able to complete tasks for many clients
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Loan Info
Project Type
Classic Loan
Disbursed amount
$1,053.00
Date disbursed
Oct 21, 2017
Repayment status
Late
Projected term
27 months
Other loans
Lenders
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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