Rent strategic space for my computer services shop

Innocent

Inzaaria Village,, Kenya

19% repaid

Entrepreneur

Name

Innocent

Member since

October 2013

On-time repayments

24 installments  •  0%

About Me

My full names are Moseti Innocent Bosire. I pursue BSc. Information Technology at the Jomo Kenyatta University of Agriculture and Technology, Kisii CBD Campus, Kenya and currently in my 2nd year as undergradute student. I belong to a single parent family hence the need to start a small business to help suplement my family's meagre resources. From my business earnings am able to raise fare to commute to school and pay for utilities at my place. I love computer programming ans most of my free time is spent honing my programming skills most especially Java programming. I also read a lot and jog whenever my schedule allows. I shop for books too when I have change to spare, mostly inspirational stories like Think Big by Ben Carson.

My Business

I run a small computer repair shop from a home office at my place. I offer services like computer installation and customization, computer maintenance, typesetting and internet services. Working out of a little village like mine and more especially out of a home office is a huge challenge as i mostly depend on referrals from my clientelle and goodwill. Though I have the advantage of little, if not non-existent, competition as most computer specialists prefer to work in big towns and cities which prompted me to apply the skills I learn in school and service this demand. Am able to make 25-30 US Dollars on average a week when business is good but I figure this figure could double or even triple if I got a more strategic workplace or rather shop to work out of. Out of this amount I am able to save 5 dollars after expenses. I plan to repay my loan from my earnings. If I get the loan I will use it to rent space at our market place and add some accessories to the shop

Loan Proposal

I will rent more strategic space for my computer services business for kshs 2500 and upgrade my desktop computer by buying it larger RAM chip 2gb for kshs.1000. Most customers prefer a much faster computer and that can be fairly solved by upgrading the RAM of my machine. I wish to mount an aggressive advertising campaign in my neighbourhood so as to market my services to the local folk. I will use the remaining amount to print posters since I already have a printer I will buy printing paper and use my design the posters myself and print them since am well versed in graphic design.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Jul 3, 2014

Repayment status

Late

Projected term

5 months

Lenders

O

Oliver

Geneva, Switzerland

Sarasota

Sarasota, Fl, United States

H

hixeu

Belgium

Betapilot

Copenhagen, Denmark

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  • Innocent    Dec 18, 2014

    My loan is long overdue and I would like to complete payment as soon as I can. I understand I have been way too irreguular in my repayment but the amout I owe could be settled in under 8 weeks if I resume repaying in higher premiums. Its is even embaassing me with everybody around me receiving mediation texts and emails

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  • Innocent    Jul 29, 2014

    I have been sick the past three weeks and I truly wish I would be able to repay my loan as agreed upon but my business took a downward plunge as I am the only person who can run it as at the moment and I have not fully recuperated but am gonna make up for the past failed payments. I appreciate your concern and trust

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    • hixeu    Aug 15, 2014

      Good luck on getting the business back on it's feet! I'm pretty sure you'll do it and won't let us down.

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  • hixeu    Jul 28, 2014

    Hi

    How's the business going? I noticed you missed some payments already...

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