Purchase of New Photocopier for Home Business

Emmanuel Majanga

Kibabii, Kenya

10% repaid

Entrepreneur

Name

Emmanuel Majanga

Member since

February 2016

On-time repayments

224 installments  •  16%

About Me

I thank zidisha for accepting me to join the Zidisha family. My names is Emmanuel and I am the third born son of Mr. Evans Wanyala and Mr.Dorcus Agunda. I went to nyatego primary school and then went to Kimilii boys secondary school ,and I am currently studying Business administration at western based Masinde muliro university.
I started my business to help me cater for my college expenses since my parents could not afford. I always wanted to photocopying and printing because it the customers were so many but I did not have capital. I finally got a loan from Higher Education Loans Board (HELB) that I used to buy a photocopier and printer. I have now opened the shop and growing the business.
I play soccer during my free time and also watch soccer during my free time.

My Business

I provide ,type setting , printing and photocopying services in my rented room outside the college.
The demand for my services is high because I always market my business to comrades and socialize with them,give them fair prices and give credit to frequent customers.
I choose these business because it was easy to manage while studying. my monthly typical costs are $200 per month and my monthly revenues are $400 per month.
I use my profits to pay for my university fees,take care of basics needs and save for reinvestment.

Loan Proposal

Good evening to you lenders
I hope you and your families are well and doing fine. I am requesting you to help me finance my loan so that I can acquire a new photocopier.The current on is prune to breaking down and hence inconveniencing me and the customers .Repairs cost me a lot and hence the need for a new and better copier at cost of $350.thank you dear lenders and good evening.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$201.00

Date disbursed

Jul 18, 2016

Repayment status

Late

Projected term

48 months

Other loans

Lenders

C

Christian

Saarbruecken, Germany

S

stroll

Stockholm, Sweden

ErikN

Stockholm, Sweden

F

FHult

Stockholm, Sweden

J

jgillard

Winchester, United Kingdom

Zidisha

Sterling, United States

andreas

Katsdorf, Austria

Apmay

Melbourne, Australia

Cloudways

Malta, Malta

D

danderson1953

Plainsboro, United States

M

Mark

Melbourne, Australia

ads68

Melbourne, Australia

R

RealUtopia

San Diego, United States

I

illm4n

Akaa, Finland

J

jonastang

Hong Kong, Hong Kong

S

scottpz

branford, United States

D

Dianatalk

Netherlands

M

martyb

United States

Matching Fund

Sterling, United States

M

misaheat

United States

sgornick

Los Angeles, CA, United States

P

plhughes

United States

M

merk85

United States

larry

Sweden

Y

Ycantha

United States

A

Akowal

United States

Suman

Gold Coast, Australia

T

Tim47

United States

M

Medagan

San Franciso, United States

J

jocor

Germany

B

Bennphoto

United Kingdom

adrianz

United States

D

dmorley

United States

reluck

Marseille, France, France

Kyle Hoback

Omaha, United States

E

Ejackson

United States

KM

KHS Microfinance

Tampa, United States

SK

Sebastian Krohn

Amsterdam, Netherlands

Gab

Singapore

P

PC

United States

Lauren

United Kingdom

AA

Adam Atlas

Montreal, QC, Canada, Canada

Deb Fox

Melbourne, Australia

KO

Kevin OBrien

Denver, CO USA, United States

E

erica

antwerpen, Belgium

Max Lettenberger

Madison, WI, United States

Kevin

San Francisco, United States

Sandi Kaucic

Stow, Ohio, United States

NH

N Holt

United States

JD

Jeff DePree

United States

George

Corvallis, Oregon, United States

ZT

Zac Tomlinson

United States

CNV

United States

Framework Eyewear

Utrecht, Netherlands

OS

Omar Silas

United States

B

Brent

United States

Chris OConnor

Atlanta, United States

Pedro R-C

Cambridge, United States

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

WS

Warren Shen

United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

D

Dalton

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

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

Loading...

Loading...

Loading...