Moving technology to the next step

Herman

Nairobi, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Herman

Member since

January 2015

On-time repayments

197 installments • 38%

About Me

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.

My Business

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.

Loan Proposal

i want to buy a sizable printer amount $100 to speed the business rate of cash inflows. to the student around there will be no long ques, to me my cash inflows will increase and to the community employment of one ore more person is expected if the inflow increases to expectation. since the last loan improved my income by nearly 10% from these i expect between 15-17% increase.