Johnson Ndegwa

Gilgil, Kenya

37% repaid

Entrepreneur

Name

Johnson Ndegwa

Member since

June 2011

On-time repayments

96 installments  •  51%

About Me

I am a focused, hardworking Kenyan citizen man aged 28 Years, single and a holder of national diploma in computer science. In addition to this i have acquired professional certification courses in Information Technology from KASNEB in Kenya and several certifications in the information technology field.
After graduating from college, formal employment was not forthcoming and this gave me a big challenge to start my business. I also wanted to enlighten the youths and the general younger generation in my area about Information Technology Skills and how they can use them to fight poverty hence reducing crime and contributing to the national economy.

My Business

I run a computer business providing various services to the local community.The services provided by my business includes all Cybercafe services i.e Photocopy, Internet services, online filling of government forms,Scanning and printing. I also offer Information technology training where i impart the local community with computer skills. I also repair computers mainly for schools in the entire region and also offer consultancy services pertaining to information technology.
Many customers in the area prefer my business because i offer affordable services to them as my business is aim is to serve the society and profits comes second. My business offer professional services to the customers hence my products and services are always in great demand. Currently i have a pool of three energetic, highly skilled employees who assist me to run my business.
The major risk my business faces is high cost of doing business in Kenya, starting with very high electricity costs and rising house rents. In addition to this the cost of consumable products have gone high thus reducing the profit margin of my business.
The operating expenditure of this business is approximately Kshs 40,000 per Month, with a generating revenue/income of Kshs 82,000 per month.

Loan Proposal

One thing that I have noted in business is that there are emerging needs and challenges on daily basis. I can attest to this as a result of the challenges that I experience in running my computer services and accessories business. As I had said when applying for my second loan, the loan was meant to expand the scope of my business as far as the needs of my customers were concerned something that I successfully did after purchasing accessories as well as new machines.

One thing that I learnt after the introduction of information technology accessories is that there are diverse accessories and some of them require heavy capital investment to stock them. It is for this reason that I have seen it wise to introduce many accessories including the consumables such as toners, copier drums and spare parts for repairing computer related peripherals. According to my estimations, to successfully introduce these items requires a capital of about Kshs 500,000 ($5,900), and with about Kshs 200,000 ($2,000) savings that I have, I believe an extension of a loan of about Kshs 290,000 ($3,500) will go a long way in realizing my plans into reality. This is the main reason I am humbly making application for my third loan of about $3,500.

In future, I am planning to introduce outsourcing services and come up with new applications that will put my business ahead of the rest. I kindly appeal to the Zidisha community to finance my third loan and as usual I will strive very hard to make all the payments as stipulated. Thank you and may God bless the Zidisha community.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$3,367.87

Date disbursed

Nov 5, 2013

Repayment status

Late

Projected term

73 months

Cost to entrepreneur

Service fee: $718.84

Lenders

BM

Benedicte Monroe

Sarasota// Phnom Penh, United States

E

Errol

Bradenton, FL, United States

Brian

Midhurst, Canada

M

michael

Mornington, Australia

G

Gastao

Covilhã, Portugal

L

lmuenchen

Munich, Germany

Vanamo

Helsinki, Finland

J

jozua

Delft, Netherlands

S

shane

San Diego, United States

P

pieces15

Grand Falls-Windsor, Canada

G

giaco

madrid, Spain

L

LRMike

Arkansas, United States

quozl

Dublin, Ireland

mikeypw62

Seminole, United States

MindMuse

Talking Rock, United States

Jeff and Marcie

Portland, OR, United States

andreas

Katsdorf, Austria

B

briansedz

Canton, Ohio, United States

beverly

Vancouver, Canada

Universal1

Melbourne, Australia

TheMoonDuster

Brisbane, Australia

G

graememoss

Amsterdam, Netherlands

Pierfausto

Rome, Italy

K

kaf121

Lynnfield, United States

K

KDeath

Dublin, Ireland

J

Jeb33red

Bourne end, United Kingdom

SHRFamily

Vancouver, Canada

B

bugsheep

Houston, United States

Jouni

Finland

S

SvenWaage

Stavanger, Norway

Namaste250

Pittsford, United States

J

jr557

Mount Pleasant, United States

MillerClark

London, United Kingdom

LadyPhi

Ontario, Canada

S

Southern

Oberursel, Germany, Germany

rfriedenberg

New Jersey, United States

IM

Isak Maaseide

Tromso, Norway, Norway

C

Caalve

Bratislava, Slovakia

Bobrm2k3

Charleston, United States

calvero

Bergen, Norway

E

elcico

Turin, Italy

E

erlingre

Sør-Fron, Norway

J

jasontoheal

Geraldton, Australia

N

Navigator

Alavus, Finland

W

WinWinNL

The Hague, Netherlands

U

urtica

Moscow, United States

V

VegaMansk

Woerden, Netherlands

C

cjvjsv

El Paso, TX, United States

Sarasota

Sarasota, Fl, United States

I

inips

Oslo, Norway

C

CZC

Lake Zurich, United States

S

seikatsu

Palo Alto, CA, United States

M

mjohnson

Austin, United States

Kristrun Tinna

Reykjavik, Iceland

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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