Purchase of photocopying papers

Alexander

Bungoma, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Alexander

Member since

August 2017

On-time repayments

98 installments • 49%

About Me

I was born in the year 1982 from a humble family. After my Secondary education I started venturing into ICT business in Bungoma Town, Western Kenya. I later Did a Diploma in ICT.

I have been in ICT Business for the last 10 years and It is growing well and I expect my business to grow at a rate of 5% per year.

My Business

I deal with ICT business: My businesses include typesetting and printing, Photocopying, Internet and Online Government support programs to my clients.

The idea of this ICT Project started after being trained by UNDP on how to open and Manage ICT centers in Rural areas as an aim of opening up Technological gap between urban and Rural areas of Kenya and the World at large.

This was so because many people in rural areas have been left behind due to Technological Gap.
After applying this idea, it worked and the business has been doing well.

I normally make a profit of Kshs. 10,000 ( 100 dollars ) to Kshs. 15,000/- ( 150 Dollars ) per month after deducting all the expenses.

I have also invested in Agro Business and I sell atleast 2 crates of eggs daily.
I have employed 3 workers as volunteers and I pay them on daily basis at 3 Dollars per day in rural area but at the end of the day , they are being trained.
From business ICT and Sale of Eggs, I will be able to repay my Loan without any problem.

The profit I make, I normally do savings and re-invest in business.

Loan Proposal

I plan to purchase photocopying papers and resale. One carton of Photocopying papers is Kshs. 1,500 ( 15 dollars) and it has 5 rims of Photocopying papers. I will sale 1 rim at 5 dollars. In one week, I will be able to sale 2 Cartons of Photocopying papers hence being able to repay my loan on time.

I request my lenders to support me buy lending me the 30 Dollars to enable me make this profit on time.

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M
Margaret Jun 26, 2018

Alexander paid off his loan in a timely manner!

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M
Margaret Jan 7, 2018

The loan was paid off in a timely manner!

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- Alexander Jan 7, 2018
  
  I thank you so much for your kind lending of money of 21 dollars on time. By not failing you I have managed to repay all the money on time. Thank and God bless you.
  
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  - Alexander May 23, 2018
    
    Hi Margaret, Thank you so much for the loan you gave me. The loan had been very beneficial to my project. I have managed to clear all the loan and pray that you lend me again. Thank you and God bless.
    
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