Entrepreneur
Name
Simon
Member since
October 2015
On-time repayments
315 installments • 84%
About Me
During my childhood within school holidays I would work for our neighbours, I would cut grass and weed there shambas. Slowly I would keep aside 10 percent of my earnings into a cash box as I was to young to open a bank account. I saved the money untill I was 18 which I had saved enough for me to purchase my first computer and would start working from the house typing assignments for my classmates. I continued the same routine of saving 10 percent of total income which enables me to buy another computer and start the bureau.
Currently I have had three Zidisha loans. The first one managed to inject in more stock to the my cyber business. I was able to buy more computers and a printer. The second loan I took I used it to inject into my farming business.
So far with Zidisha things have been looking up good. I am very great full and thus would request for funding to continue with the farimng business as we head to the rainy season. At the moment the money shall be used to buy potatoes seed and prepare the grounds. I have some photos of the work in progress and would share in a moment.
My hobbies including swimming and watching motorsports
My Business
Sell of photocopy services, cyber, computer repairs and sell of stationery items at section 58 nakuru town
The main reason for cyber services is to enable a common mwanainchi access goverment servcies since all goverment services have been taken online by the goverment.
Computer repairs and sell of stationery to the local schools in order to save for them time to go to town to access the same services.
Typical cost: Water and electricity bill., internet cost, salary , and rent.
Revenue : cyber , sale of stationery, computer repairs and sales, sales of sodas and ice cream
Thansk to Zidisha the cyber business is doing good, with this loan application I shall be able to split the money 50:50 Which I shall split and pump into the cyber business for the purchase of furniture and fittings. The balance of the amount I will use it in the farming business.
The profits I make i shall give 10 percent donation as charity donation for a church ministry in my local church. The rest of the profit I shall reinvest back to the business.
I know with zidisha I shall be able to complete the two projects with a success story
With the help of zidisha lenders I have also expanded my farming business of planting potatoes upto 2 acres. Thanks and be blessed zidisha lenders
Loan Proposal
With the zidisha loan, I shall buy a new computer computer to add to the cyber line activity, I already have another twelve thousand in savings which I shall combine with the zidisha loan the cost be Kshs 12,000 being USD Equivalent of usd 114. i will also be abel to add more stationery stock of USD 7 dollars
Benefits I will get is that increased revenue to mybusiness as more customers will come and I shall have enoughcomputers to serve them .
I expect a 40 percentage increase in total revenue collection
Feedback
Positive
1
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Nov 23, 2015
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
United States
Ask Simon a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Loading...