Loan to stock more items into my computer-services business

Gibson

Lugango Village, Kenya

100% repaid

Entrepreneur

Name

Gibson

Member since

September 2014

On-time repayments

97 installments  •  98%

About Me

i am business man providing computer services at Khayega Market, and i am also a vendor in scratch cards of safaricom, orange and YU mobile service provider. I also provide internet cyber services. i was born in1981 as a last born in a family of 8 siblings. am holder of a certificate in computer studies. Am a father to a handsome son Giggs Witaba and a lovely husband to Mildred Ingosi a teacher by occupation and profession. My hobbies are Bicycle riding, reading magazines and volunteering to the community. i started this business because i have passion for technology coupled with my academic background in computer studies. The computer business my major source of income. i start the business on a veranda of a friend shop with one computer and simple printer that could not carry out a photocopying function in 5 years ago. I have increased my asset base to 5 Computers and 2 copier cum printer machines, A photo printer, guillotine and a laminating machine. My CPU are slow in that the can not match the service demand and therefore need to look for a high processing CPU at KSH 30,000 ( abt 360 dollars)

My Business

The following are some of my sources of income:-
1. Typesetting and printing - $ 300
2. Photocopy services - $ 160
3. Scanning - $ 25
4. Lamination - $ 30
5. Binding - $ 20
7. Internet services - $ 60
8. Training - $ 60
9. Scratch cards - $1700
Total monthly sales turn over - $ 2355
Total operational costs adds to $ 1964
Net profit is $ 391
The above profit i use 3/4 and the remaining i save $ 97 towards the expansion of the business. I believe with help of loan from Zidisha i can easily my business and employ two people.

Loan Proposal

I intend to Purchase more stock especially goods that move more fast and this are Photocopying papers; 30 reams, A4 lamination films 2 reams, Photo paper A4 20 reams, 4R 30 reams, Fulls-caps 5 reams, Spirals one box each size, 5 pieces binding tapes, Embossed papers 5 reams, 2 reams VPC films, 1 box A4 envelopes, 1 box DL envelopes, 1 box A5 envelopes. Assorted Epson Ink 6 pairs, Manila papers 2 reams. Just but to mention a few among others. The commodities are moving very fast because i am the only one with a cyber around the market who provides this commodities if not one has to travel to Kakamega town 8 kilometers away. I am looking forward for your loan offer which i hope it wont take long to get it.
Thank you in advance and God bless you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$581.00

Date disbursed

Sep 26, 2018

Repayment status

On Time

Projected term

3 months

Lenders

MarktheMormon

Sandy, Utah, United States

MakeSense

-, St. Kitts and Nevis

BJ

Brandon Joz

North Carolina, United States

Richard Griebe

La Jolla, United States

P

Purplejeep

Moravia, United States

P

pnrjulius

United States

moursund

Beaver Nation, United States

Jennifer

Berlin, Germany

TF

Tom Fawcett

United States

EthicalHost

Toronto, Canada

Ed

Howells, United States

Seppo Ruohonen

Vantaa, Finland

W

Will

United States

M

Malte

Switzerland

CC

Carl Corvin

United States

JRM

South Bend, IN, United States

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Summary

Amount repaid

$581.08

Amount remaining

$0.00

Date repaid

Jan 13, 2019

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Oct 7, 2018 $49.27 Oct 6, 2018 $49.27
Oct 14, 2018 $49.27 Oct 14, 2018 $49.27
Oct 21, 2018 $49.27 Oct 21, 2018 $49.27
Oct 28, 2018 $49.27 Oct 28, 2018 $49.27
Nov 4, 2018 $19.71 Nov 4, 2018 $19.71
Nov 11, 2018 $19.71 Nov 11, 2018 $19.71
Nov 18, 2018 $19.71 Nov 18, 2018 $19.71
Nov 25, 2018 $19.71 Nov 25, 2018 $19.71
Dec 2, 2018 $14.78 Dec 2, 2018 $14.78
Dec 9, 2018 $49.27 Dec 9, 2018 $49.27
Dec 16, 2018 $49.27 Dec 16, 2018 $49.27
Dec 23, 2018 $49.27 Dec 23, 2018 $49.27
Dec 30, 2018 $49.27 Dec 31, 2018 $49.27
Jan 6, 2019 $49.27 Jan 6, 2019 $49.27
Jan 13, 2019 $44.02 Jan 13, 2019 $44.02

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