Quality printer for my computer bureau

George Mwaura

Mombasa, Kenya

100% repaid

Entrepreneur

Name

George Mwaura

Member since

March 2016

On-time repayments

256 installments  •  78%

About Me

My name is George and I do cyber-cafe business in the city of Mombasa. I came to Mombasa 10 years ago after completing my secondary school education. I was born in a place called Muranga - in central Kenya. in a family of 5 where I am the first born.

My parents are small farmers and they only produce food crops for the family consumption. Life was tough at home since my parents could hardly make the ends meet and that I why I decided to move to Mombasa to live with a relative as I looked for job for my own survival.

While in Mombasa, I did a short course in IT and later got a job as a computer operator in a small bureau in Mombasa. The owner of the business decided to sell it to me since he wanted to move to another city. With help of family and friends, I managed to buy the business in 10 monthly installments.

I am married with two young kids.

My Business

My business is based on IT technology. I provide internet services and typing services to people in my area especially those who do not own computers or smart phones. I normally serve between 20 and 30 clients per day where each clients pays a small amount depending on the service given.

My overheads include rent, electricity, paper and other miscellaneous expenses. I get a gross income of about USD 450 and about USD200. I use the profit to support my young family while a the same time putting some money back to the business for growth.

Loan Proposal

The transformation of my business is ongoing and the next phase is to get a fast and reliable printer. I have in mind a printer that will be able to print of a number of media such as ordinary paper, hard paper as well as CD/DVD surface.

Such a printer will cost me around $500 and this loan will fund about 90% of this amount. I will raise the balance from my own savings. The acquisition of this machine will greatly increase my productivity since I will be able to serve more clients.

Thanks.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$444.00

Date disbursed

Mar 17, 2017

Repayment status

On Time

Projected term

32 months

Lenders

Paul Buchheit

Mountain View, United States

D

DandS

United States

B

BobSloss

United States

Fred

Germany

Diego

Monza, Italy

P

Peter

Bratislava, Slovakia

R

Ryan

United States

RC

Rudi Chen

United States

K

Konstantine

Prokopievsk, Russia

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

A

Anonymous

United States

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