Purchase desktop computer for print shop

Thomas

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Thomas

Member since

February 2014

On-time repayments

32 installments  •  47%

About Me

My names are Thomas Odongo. I am 45 years old with 3 children of my own and two others adopted. I live in Kisumu Polyview estate, a middle class residential area. I have a bachelors degree in Economics and Sociology and currently operating a business in Kisumu town dealing with bureau / secretarial services. I started the business last year to take care of family needs. The proceeds from my business pays the basic needs of my family. food, shelter and clothing. it also pays for the education of my children.

My Business

I operate a bureau / secretarial services in Kisumu town. The services include:
- Photocopying
- Printing
- Binding
- Lamination
- typesetting services
These are services required by a wide range of customers, including offices, students etc.
we are strategically located at a building housing many offices, a supermarkets and a University. These provide a steady flow of clients to my shop. I have two employees who assist on the day to day running of the office.
My costs include, rent, salaries, statutory payments and materials (photocopy papers, binding materials, tonners etc. These on average is about kshs 75000.
The average monthly generated revenue is between kshs 110000 to kshs 130000.
The average net profits is about kshs 45000

Loan Proposal

I will use the loan to purchase a refurbished desk top computer. This will add to my existing one desktop computer I use for secretarial services. A refurbished desktop computer currently goes for around 175 USD. I will use my savings to top up the difference.

The additional computer will boost my earnings in addition to providing employment to one extra person. Currently, I have to turn away customers when the one work station is busy.

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$129.00

Date disbursed

May 3, 2014

Repayment status

On Time

Projected term

5 months

Lenders

C

cjmenchaca

Austin, United States

IM

Isak Maaseide

Tromso, Norway, Norway

Culli

Brooklyn, United States

B

bonnieinbremen

Bremen, Germany

Hedwich

Gorssel, Netherlands

Sarasota

Sarasota, Fl, United States

M

Mieli

Kotka, Finland

B

Badass78camaro

Mohnton, Pa, United States

Shemuel

New Jersey, United States

larry

Sweden

C

CraigInCo

United States

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