Printer loan

Alex

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Alex

Member since

January 2015

On-time repayments

44 installments  •  23%

About Me

My name Alex Makau.I completed my secondary school in the year 2009. Due to lack of school fees,i only managed to enroll to do basic computer training, a course which took me six months only.After that, i got employed as a cyber cafe attendant in the year 2010 earning kes 10000 per month. In the year 2011,i left my job having saved kes 50000.using this cash i bought for computers and started my own cyber cafe.since then i have been operating my business which gives me my daily bread.

My Business

my business majorly is to enable people access the internet.i also provide tutorial class classes to students on how to to use the internet.due to change in technology,internet has become a basic need to many people in the world.i also help people post adverts in different sites but mostly preferred the job sites.
my business is in a rented house which i pay kes 10000 per month.i also pay kes3000 to the internet provider.
in a day the average revenue is kes 1000.therefore in a month i can generate an averge of kes 30000 which i use to pay my bills and reinvest the balance.

Loan Proposal

thank you for this opportunity.the loan i am applying will be used to purchase a printer which costs 100 U.S dollars.so far i have not been printing for my clients despite the high demand.this will enable my clients get both services ,that is browsing and printing their documents and this will enable me to generate extra revenue.this will lead to an expected increase of profit of about 50% .

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jan 18, 2015

Repayment status

On Time

Projected term

17 months

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