Purchasing a computer for freelance writing:
Michael
Githunguri, Kenya
100% repaid
Entrepreneur
Name
Michael
Member since
February 2015
On-time repayments
35 installments • 54%
About Me
I am a 48 year old father and a husband, we are blessed with two children. I lastly worked in a formal employment in 2008. I lost my job after I became ill and was admitted in a hospital for almost a year which resulted in loosing all what I had. My family sold everything including a plot of land to return me back to my health, I stay in the rural area still under bad health for almost three years.
When I returned to Nairobi in late 2012, I couldn't manage to secure any job at all. I worked earlier on as administrative assistant, my past illness left me in a worse off condition to the extent of almost loosing my family. I had some computer knowledge so in 2013 I decided to try my hands in online business, been getting occasional gigs from that time to help me go on with life.
From 2015 I took a zidisha.org loan that I paid fully, it helped me bought a computer, now I have continued my cyber, printing business for sometime now. I need to buy a better epson printer for better and quality performance in my business.
My Business Proposal:
A computer machine Epson color printer costing 35000 approximately $ 350
2. My weekly income will increase from Ksh. 5000 to 10000
3. I will have employed a young person to help me doing my online writing, my profit will definitely increase by 5000 after paying the person.
4. This will make repaying my loan easy and expanding my online business to even absorb more workforce in the near future and lead a better life.
Repayment:
I can easily start repaying Ksh. 2000 weekly which can increase as my profit increases or as the business picks up. Repayment of Ksh. 2000 is easy for me now even with the current proceeds from my writing business.
My Business
I am running a cyber that help young students to write out their cvs, I do printing and some photocopying services for my customers besides revenues from the cyber. The young men who are working with me also upload movies and help record some music for their peers for a small amount for every task done.
Loan Proposal
I am a 43 year old father and a husband, we are blessed with two children. I lastly worked in a formal employment in 2008. I lost my job after I became ill and was admitted in a hospital for almost a year which resulted in loosing all what I had. My family sold everything including a plot of land to return me back to my health, I stay in the rural area still under bad health for almost three years.
When I returned to Nairobi in late 2012, I couldn't manage to secure any job at all. I worked earlier on as administrative assistant, my past illness left me in a worse off condition to the extent of almost loosing my family. I had some computer knowledge so in 2013 I decided to try my hands in online business, been getting occasional gigs from that time to help me go on with life.
From last year July, 2014 I started writing online, initially it has been very hard since I had to be at the cyber and pay for the time I am using the cyber. My online business just started picking up two months ago and have realized to need for another Computer to expand and do the business with assistance of may be one or two people.
My Business Proposal:
A computer machine 3.0Hz 560m 1gb costing 12,000.00 approximately $ 131.000
2. My weekly income will increase from K sh. 5000 to 8,500
3. I will have employed a young person to help me doing my online writing, my profit will definitely increase by 3,500 after paying the person.
4. This will make repaying my loan easy and expanding my online business to even absorb more workforce in the near future and lead a better life.
Repayment:
I can easily start repaying K sh. 500 weekly which can increase as my profit increases or as the business picks up. Repayment of K sh. 500 is easy for me now even with the current proceeds from my writing business.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Feb 24, 2015
Repayment status
On Time
Projected term
7 months
Other loans
Lenders
Bremen, Germany
Switzerland
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