Purchase of stationaries and bundles (mb)
Hillary
Mbita, Kenya
100% repaid
Entrepreneur
Name
Hillary
Member since
February 2015
On-time repayments
9 installments • 100%
About Me
I am a kenyan Citizen born in 1990 in Mbita District Homa Bay County. I am married and has one Child, i went through primary education and secondary Education . All my Education life had gone through an orphan life being that i lost my parents when i was still a child I am a third born of my family born from my family.
All my life i survived through the aid of well wishers whom helped me to overcome of the ups and downs of life. Let me mention Chief Justus Ochwedo who helped me a lot to go through My Secondary Education.
After Completing My Form Four level I went and registered with EDTEC computers Mbita Where I did my computer studies. after studying that I registered my self with global health E-Learning where i did various courses regarding human life.
After doing all those i Bought some two computers which i begun my small cyber.
Right now i would like to advance my small cyber by buying more computers to enable me train out of school students who could not manage furthering there education Being that Mbita is surrounded by lake and most of the out of school students mostly opt for being fishermen.
My Business
in My Business I do offer services like Photocopying, KRA, PIN certificate downloading, typesetting and printing training a few out of school candidates .
Mbita being surrounded by schools and many offices which does more photocopying and printing, my services are of high demand and sometimes we went as far as working over time or suspending some of the work and this one makes me loose more customers.i have strive through the hard work to achieve the two computers i do own now. However, due to high competition within the area many of the students have been leaving to where they can assess free network during there studies. I believe have not meet my target due to lack of enough capital to purchaser more computers so that i can secure more students, little capital and earnings i do get i use to buy food, assists my grandmother who is now 75 years old the remaining amount 23 us dollars i save for the emergency, 15 us dollars i keep for the operational costs. I would like to employ one more tutor but since that i have less cash these makes the other competitor to defeat me and uses the field to criticize my quality of services and number of students i can handle. Upon given the loan i will purchase additional of stationary and purchase more bundles for my students, so that i can much the others.
Loan Proposal
Its with grate gratitude that am very concerned to my development and progress, due to the current competition on the field am totally affected and negatively realize the hit. upon approval of the loan requested, i will use 50 Us Dollars to purchase more stationaries for learning sessions and my customers for printing, 30 Us Dollars will be used in the subscription for bundles. However, the remaining amount( 10 Us Dollars) will be divided for marketing expenses for a duration of one week in-order to attract and convince more students and costumers back to my business, thus the balances of 2 Us Dollars will be spent together with the profit in hiring an additional tutor for my students. I believe that through your help i will reach my ways to the vision of my choice and deliver good and quality services as per there needs and demands of the customers. However, i project that once the strategies of marketing is implemented and launch i will win back my gone customers and expect my weekly collections to boost up from 40 Us Dollars to 60 Us Dollars(cybercafe) with additional of fee collection of between 35Us Dollars to 42Us Dollars from the students learning the computers lessons. The profit gained and savings i will use in purchasing additional desktop and more working materials and en-large the business.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Mar 2, 2015
Repayment status
On Time
Projected term
2 months
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