Purchase computer with modern software & hire intern

Dauglas Mwanga

Kawangware, Kenya

100% repaid

Entrepreneur

Name

Dauglas Mwanga

Member since

November 2014

On-time repayments

269 installments  •  20%

About Me

I was born 30 years ago at a village in Western Kenya and went to school there. I grew up with a vision to be a career Journalist. While in Primary School, I ventured in poultry where I reared local breeds and sold both eggs and chicken to the teachers and neighbors.
When I sat for my KCPE, I scored good grades and joined high school where I also completed and later joined campus to pursue Journalism and Communication.
In 2009, I finally completed and joined a local radio station where I worked there as a presenter/Reporter for a whole year. I moved to a different local community Radio Station where I worked again for a year before leaving to join a monthly Education Magazine where I worked as a writer.
In January 2013, I left work as a writer to start my small Computer printing,typing, photo and Video Editing as well as photo copying.
within two months as an entrepreneur, I got a job at a Local College teaching Journalism as a part time lecturer.
Since then, my business continue to flourish day after the other. I now want to replace an editing Computer and employ one person from college as an intern so that i can improve efficiency of the business.

My Business

My business deals with copy typing, printing, photocopying, photo/passport taking /editing and Video editing. I
I realized many people in my neighborhood and in church are in need of video and photo coverage during their events.These events range from weddings, house warming, funerals, passports for students registering in schools/colleges. a part from that, my business is strategically positioned at a D.o/Chief's camp where many people come for services and mostly want photocopies of their documents. so it is easy to tap them.
I chose this kind of business because its part of my career and also because of the overwhelming demand of the above services within this locality. I get considerable profits which I save part of it for my son's future, and also part of it for purchase of accessories, stationary and maintenance, Rent, and other utility bills. I seek 60000 Kenya shillings to buy a modern computer that is compatible with modern editing software to edit clients videos and photos. It will also help me increase the number of interns to 2 where they will get enough resource to learn from. I will appreciate getting a loan to improve my business and empower others also as enshrined in our Kenyan Vision 2030.

Loan Proposal

Dear Lenders,As I had earlier on mentioned, My Business deals with Photo and video production of all sorts,Type setting and printing, Photocopying and passport size taking. In January, I differed with my Landlord my Land Lord over some issues of maintenance of my premise which led to my vacation. Now I have found another premise and need to renovate and partition it in order to resume my works. I urgently need your support to carry out these so that I capitalize on Easter Holiday season to get more profit. Kindly kindly Lenders, am in need of this loan to facilitate this renovation/partitioning so that I resume my normal operation.
these are my estimates below:
Advance rent for 6 months....6000x 6= 36,000Kes
Renovations materials and Labor..... 15,000
Stationary and printer Ink color...........11,000
Total....................................................................61,000 Kes

How I will get funds
Zidsha...............60000
my savings ........1000
Total Expenditure....61800 Kes.
I will appreciate your kind support towards this project which is almost my everything.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$680.60

Date disbursed

Apr 3, 2015

Repayment status

On Time

Projected term

8 months

Cost to entrepreneur

Service fee: $-57.61

Lenders

sebastienrosa

Quebec, Canada

A

anonymous123

United States

ads68

Melbourne, Australia

F

flaguy999

Tampa, United States

Muslim

Riyadh, Saudi Arabia

A

andreasb

Zug, Switzerland

T

thebonseung

Republic of Korea

Paul Buchheit

Mountain View, United States

mepster

San Francisco, Ca, United States

Kyle Hoback

Omaha, United States

S

Stephan

Netherlands

Robert

Sweden

MW

Matt Willis

United States

JM

John Meserve

United States

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