Purchase internet data bundles

Nicholas

Rusinga Shopping Centre, Kenya

100% repaid

Entrepreneur

Name

Nicholas

Member since

May 2013

On-time repayments

181 installments  •  25%

About Me

I am married with two children. I live in Rusinga Island. I am trained in social work and community development. I occasionally get contracts that may last for within 5 months within the district. At this time I contract some competent people to help. I trust them and know their ability since they are people I have trained and they have equally studied my diligence and affinity to satisfy my customers. The results have always been impressive.I opted for business as I felt it more satisfying other than mainstream jobs. Through the business I am able to provide for my family and support some of those who may need my support.Through this I am able as well to offer a job opportunity to some of the people who were otherwise jobless. I desire to expand the business in order to match the emerging trends.

My Business

I operate a computer bureau within Rusinga Market. Through the Zidisha loan I managed to buy more data bundles in bulk and customers were thrilled that there were no delays as I could not run out of the data bundles. Consequently I have realised that with additional machines I have to buy another desktop switch and at the same time upgrade my machines by replacing the older ones that are a bit slow. Since computer industry is dynamic I always want to stay relevant and at the same time add more equipment.
From the cyber cafe there is high demand as people always come to browse especially in the evenings after work.
I am currently in need of about $150 from Zidisha to top up the amount that I have to aid me upgrade my equipment. I have done my research and realised that an upgraded equipment especially the desktop switch will help in internet sharing between the computers for efficiency.
I have been trying to get funds from the mainstream financial institutions but always disappointed because of the securities and other technicalities associated that they require.
I am located at the central business area within the market and the services I offer are quality. They range from photography, Typesetting, Printing, photocopy, graphic design, basic computer training and basic computer repair services.
There is however competition which I seek to beat by just upgrading the equipment. I believe by doing this the profit margin will increase and therefore be able to settle the loan as soon as possible. I desire to take this business to greater heights since I can see the potential both in me and the potential customers.

Loan Proposal

I will buy internet bundles as it is more profitable to buy bundles in bulk. Currently I am only able to buy in bits that may get used up so fast especially when there is high traffic of of customers. I will be able to enjoy the bonuses that the internet providers like Safaricom offer with higher purchase of bundles. I can as well add in more materials like reams of papers for photocopy and printing.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Mar 12, 2014

Repayment status

On Time

Projected term

2 months

Other loans

Lenders

J

Jopar

Corroios, Portugal

joaoferraz

RINCHOA, Portugal

L

lochquel

United States

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