Name
Herman
Member since
January 2015
On-time repayments
197 installments • 38%
currently am a university student in (USIU). I joined after saving for one year when i finished my high school. immediately i finished my form four i joined the same school as a teacher and i saved for my campus fee. letter will in campus i joined a research program after learning how to use SPSS and i manage to raise US$ 500 (40000) which i used to buy 3 computers. The unique thing about the land or culture where i live is technology has not yet grown and that is why i took this chance to explore it. currently i don't own a family. My hobby is computer gaming which has made me creative in technology.
i offer printing, photocopy binding , trimming, lamination and online communication.the services are useful in demand because of the university around. i choose this kind of business because of location and demand from the university. my typical costs and revenue are 1.cost stationary, salary, rent and electricity. Revenue include charges from browsing, printing, photocopy, lamination trimming, binding and other charges. my profit i us for my campus fee business expansion and saving. I also help my younger sibling in settling part of there fee.
as i said earlier my next mission is room expansion. currently the room hold maximum of 10 people and my feeling is to look for a bigger room to a minimum of 20 person. the room will cost me 15,000 rent monthly but i know it will be worth it since it will give me chance to expand any time. with the bigger room i will add in other business such as Mpesa and other refreshment. am expecting the profit to grow more than double.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$544.00
Date disbursed
Jul 29, 2016
Repayment status
Late
Projected term
32 months
Ask Herman a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Loading...