Kenya

Computers to start an IT training center




This Loan

Amount Requested: $923.00
Still Needed: $751.00
Application Expires: May 3, 2017
Repayment Frequency: Weekly Projected Term: 8 months
Cost of Loan: $46.16
Show Cost Details

Cost of this loan Service Fee:

5% of $923.00 = $46.16


Story
About Me

MY NAME IS KENNETH OSIMBO BUYEKA. i am from a family of eight ; i.e three brothers and five sisters. i live in Kenya at Nakuru adjacent to Bahati-Karunga. i started my primary education at st. lwanga primary school and later joined Kiamaina Secondary school for my secondary level. i later joined Weaver College Thika where i enrolled a Certificate in Computer Application Packages. after completing my college in certificate, i got employed at St. Lwanga primary school for a period of one year. i saved a small amount of money and and asked my parents to help with an idea; after deliberations, i started a small computer service business where i owned one computer and a printer i addition of a laminator. i did all this to help my family and support the living of my parents who are growing old. the small interest i get from my business i use it to support my brothers who are in college and also to cater for my living go ahead.

My Business

my daily income from my business do vary in that i can earn differently according to how many customers do present their work. i do deal with computer services such as computer typesetting, lamination, binding, printing, instant passports and cyber cafe. my customers prefer my business because the services i do offer to them is efficient and affordable compared to other competitors. this has enabled me to keep up my business. The higher risks that i do face in my business is when there are new machines in the market and am not able to go for them, also when the season changes, the job gets down thus making me to have some difficulties due to low profits generation, but this usually happens for only a short time and not always. another risk is the problems of power surges which do destroy my machines time to time thus making me to drain all what i had saved to purchase new machines to cater for my customers and business progression. but i have now invented a way out in solving the issue of power surges. I have managed to buy UPS to curb up the problem of power surges.

Loan Proposal

I will use this loan to buy three computers and a Binding machine to improve my business quality and efficiency, this will enable me to even start a computer training centre since there is none in my area of origin. I have been trying to put one training centre, but i have been having some problems of establishing a computer training centre, but now i can be able to buy 3 computers and combine with the other two to see me through this process. a binding machine also will be of great help since most of my customers do binding a lot in my business, this has given me challenge since i have only one binding machine, if can be able to buy one more, my work will be very easy.
Thank you lenders.



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Feedback
Positive   9      Neutral   0      Negative   0     

  • Freewolf     Nov 21, 2015

    Positive

    Excellent repaying. Good luck on your business.


  • Jan73     May 2, 2015

    Positive

    Impressive repayment record!


  • Brian     Apr 13, 2015

    Positive

    An excellent and admirable record, 100% of 56 repayments have been on time. I am eager to support you, Kenneth, with your next loan.

    • Kenneth Buyeka     Mar 28, 2017

      Hi Brian, How are you doing? here in Kenya we are fine, thanks a lot for your support towards changing lives of many people.


  • xtrahardware     Apr 12, 2015

    Positive

    AAA!


  • cranejoad     Jan 3, 2015

    Positive

    AAA!


  • howard     Oct 15, 2014

    Positive

    Thank you, Kenneth, for your very correct repayments.


  • Syncret     Oct 14, 2014

    Positive

    Well done, I wish you bests on your further developments.


  • chkuo     Oct 14, 2014

    Positive

    on-time repayments


  • chkuo     Jul 1, 2014

    Positive

    steady on-time repayments, repaid in full early


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Computers to start an IT training center

Kenneth Buyeka
Bahati, Kenya

18% 
Funded
$751 
Still Needed
8
Days Left
$