More space for my home based computer training

Jane Ndegwa

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Jane Ndegwa

Member since

July 2014

On-time repayments

346 installments  •  92%

About Me

My name is Jane Wachu – born in Nyeri County in Central Kenya. I was born in a big family of 9 and I am the 3rd born. I come from an agriculturally rich region where the main activity is coffee farming.

My parents like most people in the area practised coffee farming and it is from this activity that they raised us up.
It was a hard life because the income was not enough to cater for even the basic needs of the family and we endured lack of many necessities. In spite of the odds, my parents took me to school for my primary and secondary school and I will forever be grateful to them for this.

I managed to get a clerical job at a local health center but the pay was very poor and I quit after a few months. I decided to relocate to Mombasa to live with a friend at the same time trying to get a job for my sustenance. While living there, I enrolled for a short computer course which took me about 6 months to complete.

I am very sound spiritually and I do evangelism work when time allows. I am married with a 3 year old son.

My Business

After my studies and with the help of my friend, I bought a second hand computer to further sharpen my IT skills. My neighbors got very excited at the sight of a computer because many of them had not used or even seen one before. I saw an opportunity of making some money by offering very basic computer training to this crowd. I lived in an area that is economically depressed and I could only charge the students some minimal amounts.

With serious savings and dedication, I bought a second computer after one year to cater for the growing number of students. I can handle about 10 students in a day using my two computers and this gives me a net income of about $200 per month. While this is a modest amount, the future is bright and I believe I can double this income if I get more machines.

Loan Proposal

From the time I took my first loan late last year, my business has grown by leaps and bounds. The growth has been accelerated by the additional machines that I have been able to acquire through the credit facility. However, the growth has come with its challenges, the main one being lack of enough space to accommodate the surging numbers.

The purpose for this loan is move into a bigger space where I can accommodate more students. This change will cost me about USD 100. I will use the balance to get an extra computer since I expect the number to grow even further.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$184.11

Date disbursed

Jul 13, 2015

Repayment status

On Time

Projected term

8 months

Cost to entrepreneur

Service fee: $7.42

Lenders

W

WilsonLending

Atlanta, United States

José Antonio

Carapicuíba, Brazil

lorrymac

Killough, United Kingdom

ErikN

Stockholm, Sweden

M

mogensh

København V, Denmark

quozl

Dublin, Ireland

A

Alex1987

Ludwigsburg, Germany

C

chrisherron

Chicago, United States

H

hanso

Arendal, Norway

Boysenfam

Boulder, United States

DLarson

Morris, United States

Los Wade

United States

E

ebronken

Oslo, Norway

P

pillepalle

Osnabrück, Germany

D

danderson1953

Plainsboro, United States

J

JoeSolar

Virginia, United States

R

RealUtopia

San Diego, United States

R

Rachel

Vernon, Canada

V

Valis

Singapore, Singapore

rhagen

New York, United States

Z

zedoud

Hamburg, Germany

L

Ldeschae

Gent, Belgium

ibc123

Seattle, United States

B

BearLa

Indianapolis, United States

Garry Tan

San Francisco, California, United States

I

ibd267

Ambler, United States

C

chrishol

United States

T

tlbtlbtlb

United States

B

beckynagel

United States

Jonas

Brussels, Belgium

Paul Buchheit

Mountain View, United States

J

jay12

Germany

bb4dogs

United States

K

Kimbo

Vietnam

mepster

San Francisco, Ca, United States

VK

Vasily Kudrin

Moscow, Russia

A

afrakhan

United Kingdom

S

Schwartz

United States

T

Tony1

Australia

P

ppokcire

United States

E

Erich

Zurich, Switzerland

D

Doug

Baltimore, United States

EL

Erik Lönnroth

United Kingdom

MG

Michelle Gard

United States

MJ

Matt Jenkins

United Kingdom

Jerome

Switzerland

Haroldo Ramthun Junior

Pomerode - Santa Catarina - Brazil, Brazil

Jason Ogg

New Zealand

DB

Dianne Bayes

Huntersville, United States

Kristina Speed

Seattle, WA, United States

BS

Bart Sturm

Amsterdam, Brazil

Francoise Kuenzi

Neuchâtel, Switzerland

ME

Manaal Eisa

Washington DC, United States

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

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