Purchase of a power generator

Esther Wanjiru

Naivasha, Kenya

100% repaid

Entrepreneur

Name

Esther Wanjiru

Member since

April 2014

On-time repayments

169 installments  •  44%

About Me

I am Esther Wanjiru, I completed my secondary school level two years ago and since my parent did not have enough fund for me to continue with the college, I got employed in a business field where by am working in an mpesa and stationery shop. The business have been doing well and now i have decided to start my own business of cybercafe next month. I therefore request to get the loan to enable my business idea to work,i will be happy to get the loan. I have heard good things and also read from your posts about how people who have used the loan wisely have advanced. My prayer is I will also make good use of the money advanced to me. thanks.

My Business

I started my cybercafe four months ago and it is picking up. Am doing typesetting printing, photocopying, binding and lamination.My customers prefer my business because of my good customer relations that i have with them and the one on one interaction that i offer them. They also prefer my business because of the conducive environment offered by business through its ample location and the quality services that i offer my clients. My business is profitable because i have invested a lot of confidence in my clients who are assured of quality through my cyber. Thus am assured of the clients coming for my services. I face risks such as power shortages and machine break down especially the printer and photocopier which leads to a lot of losses and if i got a generator for my business i could be in a better position of dealing with this. Am dreaming big to expand my business and with Zidisha am sure all fulfill my dream.

Loan Proposal

I started my cybercafé four months ago and it is picking up. Am doing typesetting printing, photocopying, binding and lamination. My customers prefer my business because of my good customer relations that I have with them and the one on one interaction that I offer them. They also prefer my business because of the conducive environment offered by business through its ample location and the quality services that I offer my clients. My business is profitable because I have invested a lot of confidence in my clients who are assured of quality through my cyber. Thus am assured of the clients coming for my services. I face risks such as power shortages and machine break down especially the printer and photocopier which leads to a lot of losses and if I got a power generator for my business I will be in a better position of dealing with this. Am dreaming big to expand my business and with Zidisha am sure I will be able to fulfill my dream. I will use my loan to purchase a power generator that is costing 141 dollars. So far I have been able to raise 94 dollars from my savings therefore having a deficit of 48 dollars which am requesting for your funding. After the purchase, I will now have enough power supply when the electricity power is off. I usually loose a lot customer when the power is off. God bless you zidisha as you support my vision.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.12

Date disbursed

Jul 2, 2014

Repayment status

On Time

Projected term

7 weeks

Cost to entrepreneur

Lender interest: $50.12 at 10.30% annual rate over 1 month = $0.69

Service fee: $0.25

Lenders

Sarasota

Sarasota, Fl, United States

R

radhapatel

United States

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