New motorbike to supply office stationaries to customers

Dancan

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Dancan

Member since

March 2014

On-time repayments

341 installments  •  82%

About Me

My name is Dancan mong'are, I was raised in a family of 5 brothers where I am the second born, my father is a self employed in a lumbering industry while my Mom is a small scale farmer. I decided to start my computer service business so that I can support myself in my education and other personal emoluments . Currently I am pursuing my degree program in purchasing and supply management at Jomo Kenyatta University of Agriculture and Technology Nakuru CBD campus. My entire business helps me to relieve my parents from the strains of catering my studies and that of my brother's who are also at college "Kisumu polytechnic" . From my business I am able to pay my rent, bills and it also helped me buy myself a laptop which I use to do my research and assignment at school.

My Business

My business is a computer service program that deals with type setting, photo printing, internet services and computer software repairs. The goods I sell in my business include: printing papers, envelops, pens and pencils. My customers prefer my services since they are served very fast and get the goods at the lowest prices compared with the nearby competitors and this attracts many customers to my business, which means more profits. In a month it costs me in maintaining and replacement of printer parts including ink cartridges, purchase of more stock such as printing papers and other stationery, but also it earns me sales amounting to not less than ksh.25,000, giving me an average profit of kshs. 10,000 to kshs.18,000

Loan Proposal

My computer service business has been good thanks to Zidisha loan. Dealing in provision of computer service and at the same time selling office stationary.The goods I sell in my business include: printing papers, envelops, pens and pencils,exercise books,mathematical sets, rulers. My customers are mainly students and several schools. They prefer my services since they are served very fast and get the goods at the lowest prices. The demand is very high especially by schools that want me to supply them in bulk hence the need to have a personal means of transport to deliver the goods. The most appropriate and affordable means is via motor bike since it is cheaper and consumes less as compared to other means like hiring motor cars.

A new motor bike will cost me $950. $400 from zidisha loan and $550 from my savings. I will be so glad of your support.

Thanks

Show original English  

About Me

My name is Dancan mong'are i was raised in a family of 5 brothers where i am a second born and my father is a self employed in a lumbering industry while my Mother is a small scale farmer. i decided to start my computer service business so that i can support myself in my education and other personal emoluments . Currently have graduated with a degree in purchasing and supply management from Jomo Kenyatta University of Agriculture and Technology Nakuru CBD campus my entire business helped me to relief my parents from the strains of catering for my studies ,personal study expenses and that of my brother's were also at college "Kisumu polytechnic" . from my business am able to pay my Rent bills and also helped me to buy myself a laptop which i used to do my research and assignment at school. it also helps me in supporting my siblings with their school feels since as for now my dad is jobless and their yields from small scale farming does not help enough.

My Business

my business was offering computer cyber services that included printing, photo printing ,photocopying,scanning, binding and laminating. Then i was introduced to zidisha organization which enabled me to purchase improved machines that helped me run my business smoothly . But after my Graduation in November 2016 from JKUAT (Jomo Kenyatta University of Agriculture and Technology) my business earnings became unstable and started to fall . Thats when I saw an opportunity in Bodaboda which is transporting peopleand goods within Nakuru town using a motorbike. I decided and sold out all my business equipments and bought 2 brand new motorbikes and traded in the one i used to deliver goods and services to my cyber customers for the 3rd new one. Now i own 3 motorbikes whereby i operate one and lend the other 2 to people who offer me $3 a day. My business is unique in that my customer always trust me for delivering their goods ,believe in me for safety riding and prefer me because i respond to their phone calls almost immediately or giving them a genuine reason to wait for a few minutes in which they do.
With my motorbike I make atleast $5 to $10 a day earning me atleast $55 aweek and an additional $38 from the other two making upto $80 a week less all the expense. I do service my motorbikes twice a month for the better performance and durability guarantee which costs me fixed $27 and rarely change of tubes that i consider emergencies. I love my business since it enables me to pay all my bills ,rent,repaying my loan evenly without much strain and still safe upto $140 a month. Am so grad to be a benefited member of zidisha, thanks to zidisha Team for changing my Life.

Am now happy that with zidisha helping me expand my business . it has also enabled me support my young brothers with paying their school fees and thus reducing the strain of my parents they have been going through our well being.

Loan Proposal

My computer service business has been good thanks to Zidisha loan. Dealing in provision of computer service and at the same time selling office stationary.The goods I sell in my business include: printing papers, envelops, pens and pencils,exercise books,mathematical sets, rulers. My customers are mainly students and several schools. They prefer my services since they are served very fast and get the goods at the lowest prices. The demand is very high especially by schools that want me to supply them in bulk hence the need to have a personal means of transport to deliver the goods. The most appropriate and affordable means is via motor bike since it is cheaper and consumes less as compared to other means like hiring motor cars.

A new motor bike will cost me $950. $400 from zidisha loan and $550 from my savings. I will be so glad of your support.

Thanks

Feedback

8

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  • Mary    May 7, 2018

    Great Borrower!

    Log in to reply • Share
    • Dancan    May 8, 2018

      Thanks Mary, i never disappoint. Thank you very much for lending me

      Log in to reply • Share
  • djkmoran    Sep 26, 2017

    I am not surprised at all Dancan on you yet again repaying another loan! Absolutely fantastic - wishing you continued success!

    Log in to reply • Share
    • Dancan    May 10, 2018

      Hellow djkmoran. Its been long time since i heard from you. Hope you doing good.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$460.00

Date disbursed

Jul 2, 2015

Repayment status

On Time

Projected term

7 months

Lenders

korben

VILLENAVE D'ORNON, France

P

PlutusNOR

Trondheim, Norway

M

Mårten

Inden, Switzerland

Namaste250

Pittsford, United States

ads68

Melbourne, Australia

T

Tui1974

nuenen, Netherlands

fairspirit

Utrecht, Netherlands

tonnyschonewille

Maastricht, Netherlands

Paul Buchheit

Mountain View, United States

mepster

San Francisco, Ca, United States

A

andreab

United States

djkmoran

United States

S

Stephan

Netherlands

KM

Kirsty M

United Kingdom

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