Purchase backup generator & photocopy papers
Joshua
Kisii County, Kenya
100% repaid
Entrepreneur
Name
Joshua
Member since
February 2014
On-time repayments
348 installments • 78%
About Me
Have really grown, Born in 1981 in a rural area named Manga scheme in Nyamira county of Nyamira County - Kenya. Married to a lovely and supportive wife Catherine blessed with two Kids, in July 2016 I lost my little sister who had a 8 year old daughter. We decided to take her as our own. Now we are parents to 2 beautiful girls and 1 handsome boy. The girls want to be doctors so we can be treated at home while the boy wants to be a police officer to arrest all those who mistreat the mum.
After my primary and secondary education I joined Thika Institute of technology for a Diploma course in Information technology for three years. I later got a Job and worked for 5 months without pay. But then on a positive side I gained experience on various things (computer repair, networking and installation).
In 2007 a friend loaned me two computers and from savings I started a cyber café which has grown to over 15 computers today.
In March 2014 a friend introduced me to Zidisha and I was awarded 150 dollars, which I brought webcams. My profit margin grew and I got new clients, Have made more friends from my list of clients.
In life have learnt a lot of lessons. Of late my 1st and only employer is one of my best client. Sometimes we Joke how he never paid me even after making alot of profits on installation for him.
My Business
At first (2014) my cyber café offered services ranging from provision of internet services, computer services, Networking and installation, Phone application installation and later after receiving loans from zidisha, The cyber is far better then when it started. It now owns a two photocopy machines, Bbetter printers, a digital
camera and a generator machine all brought from funds and interest loaned from Zidisha, the profit margin grows dispute the daily challenges
PROFITS
I hired a 1 acre land for 4 years (starting Jan 2015) at a cost of ksh 7000 per year. in this land have been planting maize and groundnuts and it has an added advantage since i don’t buy maize flour any more (Form the profits i brought building materials).
Have also been paying school fee per year, something that was impossible before.
I started a poultry project which had a few challenges, when I started it was a little hard since I was buying the feedings but since the chickens are laying eggs now I don’t have much problem in feeding them plus am getting eggs for my family and a little. profit to add up to the cyber business.
From the chicken and cyber profits have managed start building my three bed roomed house which is half way (flooring and finishing)
Loan Proposal
First let me thank all the lenders for the trust & encouragement, then thank them again for the funds and faith entrusted in me. To the zidisha team thanks for the platform have grown to be a better person today.
From the previous loans have managed to buy webcams, computers, a printer, a digital camera and a photocopy machine, despite the daily challenges am happy the returns payback the loans.
Am here again, To kindly request for another loan.
Allow me to share my reason for this request.
While we have electricity in place sometimes we get blackouts going for upto two days. I thought with a generator place it can serve better and save losing clients and incomes. Another added advantage of a generator is on terms of payments.
During normal time (when using electricity) charges are 0.3 dollars per hour for browsing and 0.02 dollars for photocopy. During blackouts, charges increase to 0.6 dollars per hour for browsing and 0.05 dollars for photocopy which is usually better business. To tap this business opportunity a generator will be a great investment.
Loan breakdown.
With this (589.4 dollars ) I plan to buy a new generator at 449.57 dollars which can run 10 computer, One printer and still do photocopy. 24.9763 dollars will be used as transport to and from Nairobi to Kisii, the remaining balance of 114.891 dollars will be used to buy printing and photocopy papers to boost the business and assist to repay the loan on time.
I hereby request lenders to help me invest in getting this generator, it'll be a great boost both to the cyber and client relation.
Thanks again.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$589.00
Date disbursed
Feb 15, 2016
Repayment status
On Time
Projected term
9 months
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