Purchasing another computer

Frank Momanyi

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Frank Momanyi

Location

Nairobi, Kenya

On-time repayments

259 weekly installments  •  67%

About Me

I was born in bonyang'ande village,Emenwa sub-location,Bass central location,Nyamache division,Nyamache district,Kisii county in the year 1988.
I started schooling in the year 1994 at Nyakona primary and sat my KCPE exam in the year 2003 and attained 307 marks out of 500.In the year 2004 i joined Nyamagwa boys high school and after along struggle of fees problem due to the poor background i managed to score a mean grade of a B(plain) after sitting my KCSE examination in 2007.
Due to the poor background, my guardians and members of the society at large organised a fundraising for the college fees where i joined Kisumu polytechnic where i pursued diploma course in mechanical engineering in the year between 2009 to 2011.
I sat my knec exam in the year 2011 after a long struggle and managed to score a pass.

My Business

After along struggle of three years for searching job in the field ,I didn't become successful to secure even one.Through friends and family members advised me to start a small business opportunity in order to achieve my core goals and objectives.Due to lack of capital i hard to think of a small business from the enterprenual skills and knowledge gained from college.I came up with the idea of opening a photocopier business,comprising of typing and printing.I found the business enterprise more efficient after i got capital from family members,course-mates and friends The business generates an average profit of 500 kes after incurring other expenses.The daily savings are used to purchase new machines,photocopying papers and other expenses required for the business.I also use it to raise myself, my old parents and paying school fees for my younger brother.

Loan Proposal

If given the loan i will use as follows
Purchase of 1 computer/desk top @ 25000 = kshs 25000
Addition of stock of10 rims of printing [email protected] 500= kshs 5000
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Total kshs 30000
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Though this,customers are going to get first er services though completing their projects in time and saving time management .It will also ease the workload for me thus completing at a shorter time.Through this my profit maximization will improve by 60 percent.Please my lenders have time to look at my proposal.Thanks in advance.My God bless you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$303.01

Date disbursed

Jul 13, 2016

Repayment status

On Time

Projected term

13 months

Cost to entrepreneur

Service fee: $15.15

Lenders

AdamP

Sunnyvale, United States

cyrus0302

San Francisco, United States

S

Simmo

Sydney, Australia

DeanDropshot

Oslo, Norway

J

JBosshardt

Redmond, United States

KyRoamer

Louisville, Kentucky, United States

I

Interfree

Dubai, United Arab Emirates

A

anonymus

Moon, United States

Zidisha

Sterling, United States

C

cjmenchaca

Austin, United States

Kysera

Crawfordsville, United States

TheWhiteCat

Surrey, United Kingdom

S

SelvaMarcus

Green Cove Springs, United States

beverly

Vancouver, Canada

G D Export

Kolkata, India

J

jjonas

berlin, Germany

EmilAsker

Lomma, Sweden

HE

help each other

Glasgow, United Kingdom

indeh

London, United Kingdom

A

AWhitefield

Ipswich, United Kingdom

T

toscoman

Adliswil, Switzerland

kickerofelves

Sao Paulo, Brazil

B

blue0green717

St-Lucien, Canada

Cloudways

Malta, Malta

P

penguin3694

Chicago, United States

B

BClay

Campbell, United States

ads68

Melbourne, Australia

M

michaelangers

Toronto, Canada

Bhayl

Stavanger, Norway

W

Wylliecoyote

Edmonton, Canada

M

mkellerman

Shanghai, China

basicus

Cairo, Egypt

C

CloCkWeRX

Rosewater, Australia

nakamura

United States

A

alkemyst

Geneve, Switzerland

fairspirit

Utrecht, Netherlands

K

KnutG

Bergen, Norway

Z

zedoud

Hamburg, Germany

A

Anonymous

United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Thilo

Germany

Zal0m0n

Atlantis!!!! x), Mauritania

gseletko

South Perth, Australia

P

PaddyP

athenry, Ireland

P

phoebius

Cambridge, United Kingdom

S

seikatsu

Palo Alto, CA, United States

tonnyschonewille

Maastricht, Netherlands

Matthieu

Switzerland, France

xtrahardware

Cazenovia, United States

TuveTheDog

Helsinki, Finland

E

ejc211

Somerset, United Kingdom

HealthcareProvider

Baltimore, United States

E

E

Marin county, United States

G

guggl

Vienna, Austria

G

GanSatya

United States

sderickson

Berkeley, CA, United States

T

thebonseung

Republic of Korea

O

oonbug

United States

H

HoseB

San Francisco, United States

Matching Fund

Sterling, United States

M

microlender

United States

C

ColoradoEmac

United States

S

spivurno

United States

S

science4sail

United States

Paul Buchheit

Mountain View, United States

joshuacollinson

Vienna, Austria

J

jbhernan

United States

P

Panda6689

United States

TyWee

Manila, Philippines

Loungin

United States

Bryan

Houston, United States

K

KiraDee

United States

S

stryker75

United States

J

JeremyR

United States

P

PC

United States

F

Flower

Netherlands

S

Stein

Diest, Belgium

ME

Manaal Eisa

Washington DC, United States

CNV

United States

J

joko

Germany

Martin Nielsen

Aarhus, Denmark

PG

Paul Graham

United States

Gabriel Fenili

Santo André, Brazil

EthicalHost

Toronto, Canada

BS

Brandon S

United States

SM

Sachet Marion

United States

L

Laura

San Francisco, United States

J

Jon

United States

K

Katharina

Germany, Germany

The Zinc Team

San Francisco, United States

WS

Warren Shen

United States

Humble Bundle Community

San Francisco, United States

V

VJ

Canberra, Australia

R

Ryan

Albuquerque, NM, United States

L

Lillian

United States

A

Anonymous

United States

A

Anonymous

United States

R

Raffins

United States

TP

Tirzah Prince

United States

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