Entrepreneur
Name
Simon
Member since
January 2015
On-time repayments
252 installments • 10%
About Me
My name is Simon Sang, I was born in Rift valley Nakuru County. I started my primary education at Mogoon primary. Thereafter I joined Nakuru West secondary school form my secondary education. After I completed my form four course in 2012 our father could not afford to pay for my school fees leaving me to cut short my education and with nobody to pay school fees for me to further my education. After that I decided to go to town and find a job so that I can help my dear sisters and brothers to continue with their education. In Nakuru town I met with a cyber owner who promised to teach me how to use computer and later employ me as a client attendant. After two weeks I had known how to use the computer then he employed me at a basic salary of Ksh. 5,000 per month. I saved the money until it was enough to start my own cyber and operate it. I am now helping my entire family and am looking forward for a lender like you to help me purchase more computers and photocopy papers.
My Business
My business is located at Shabab stage about 2 km from Nakuru town I offer photocopy services. There are schools without photocopy machine so they forced to come and photocopy there documents in my cyber. Other people come from far places like Nakuru West and Ponda mali for photocopy services. I had created a loyalty with my client from my previous employer hence i now serve the better at my place. Most of my cost are restocking of stationary and utility bills,I am the sole worker as the business is at start up. most of the money paid for service and stationary sold are the sole income to my business.I am able to educate my sisters and brothers back at home which was difficult from my previous job. I save some money for expansion as i started the business with only one Kyocera Photocopier machine now i have added two out of my savings
Loan Proposal
Having grown from scratch to where the Photocopier services is now, its a challenge to fund all equipment needed with my little capital, Given the loan i will add the savings that i have of USD 90 to restock more stationery for selling. Most customers who photocopy will always need A4 and A3 envelopes, pens Marking pens books etc. With this stock i will e able to boost my profit by 80%.
Thanks to you all who will extend your loan to me to serve my customers well.
Feedback
Positive
1
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jan 23, 2015
Repayment status
On Time
Projected term
5 months
Other loans
Lenders
Joliet, United States
United States
Germany
Ask Simon a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Loading...