Request for loan to buy cpu

Dickens

Baba Dogo, Kenya

100% repaid

Entrepreneur

Name

Dickens

Member since

March 2015

On-time repayments

301 installments  •  86%

About Me

I am dickens ouma 33years of age, i did my primary education in kamagambo primary school after which joined kanyawanga boys high school. There after joined KCA University to peruse certified public accounting course, at my second year in the University my father whom i entrusted to pay my college fee was retrenched from his job. that happened as tel com Kenya which he was working with was privatized. i had no other means of getting my school fee so i applied fot the bursary in order to continue with schooling. i also did online article writing to get life moving as to pay for my hostel rent and other upkeep. Eventually when i graduated from college i secured a job with Kenya commercial bank as a taller, the pay was not much as i wanted to take care of my younger siblings and my expenses too, when the contract with KCB bank came to an end i never renewed as i went back into online freelancing business as my full time business. with the help of zidisha i got a loan and bought a laptop which helped me make my business better, later on bought printer and continued with printing business up to now. my current business can now help me pay for my HELB loan as well bring up my two sons and siblings up in a better way than i was brought by my parens

My Business

I do printing as my full time business, i did ventured into this kind of business as there was plenty of market in the surrounding environment in which i sited my business. i do print school examination papers a swell as company labeling stickers. i was lucky to be surrounded with several high school and primary schools as well as several companies with which i secured a contract of printing with. the income i get from this business of mine has helped my pay for my siblings expenses as well as my two sons, take care of my old mum and dad who are now not able to fetch tor their daily needs, and not forgetting buy for korogocho slum children home food at least twice in a month. i thank God for this far He brought me. I thank zidisha too for the previous help.

Loan Proposal

I need $100 dollars to buy a new CPU. I have raised $20. Now, I am in need of 80 dollars to get back into the business and continue working towards expanding my business.

My business depend on computer and the current one has a technical problem. This means I cannot maximize profits given that I rely on other people's machines at a cost. If I get my own machine, I will be able to save this amount and put it back into the business.

When my business grows, my family and I will benefit economically. I expect to make a profit of above $ 60 dollars per day after buying the machine. Currently , I make about $30 per day. With time , I will buy other machines and employ a few staff to increase the profit range per day. I request for your support and promise to repay the loan in time.

I take this opportunity to thank Zidisha and my lenders in advance for their support.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jun 20, 2015

Repayment status

On Time

Projected term

4 months

Lenders

PG

Paul Graham

United States

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