Dennis
Meru, Kenya
$0 to go
100% funded of $150 goal
0
days left
Name
Dennis
Member since
February 2014
On-time repayments
9 installments • 0%
Dennis Kalikidane is a Private Security Adviser in Meru, Kenya. He is a qualified IT Specialist and has had three years experience with the security sector having worked with a leading security firm in Kenya. His experience with the firm did not go well however as they started released his salary late during the month and with major surcharges involved. This was a hard to cope with especially with the hard economic situation experienced in Kenya. It was due to that fact that he decided to start up his own security firm that would provide vast security solutions to a wide clientele base. The income generated from the firm caters to his personal needs and helps his brother achieve his dream of becoming a qualified IT specialist himself!!
He is a professional with significant conceptualization and practical experience on people management, jointly with his career mentors; He has had an opportunity to address employee relations as well as motivation with an aim of increasing general output and productivity.
With the recent security threats faced in Kenya, most people are seeking more professionals in the sector that will help in giving solutions to better curb the menace. My business is already managing some clients but is experiencing a major challenge as it is not registered as a company yet. This in turn lowers my clientele base. The loan requested shall help in meeting the cost of the registration process which in turn shall help my customers gain more trust and belief to my business hence widening the client base and income generation from the services provided.
Over the past few months, I have lost opportunities of serving a would-be major clients due to the fact that my firm has not been registered as a Limited Company by the Registrar of Companies in Kenya. this in turn has made my monthly income insuficient for my needs especially due to the fact that i do support my brother through his university. If given the loan, I will top up to the amount with my little savings to register my firm which costs approximately 250 dollars. If this does go through, my monthly income rate shall increase drasticaly hense sufficience in my expenditures.
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Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Mar 24, 2014
Repayment status
Late
Projected term
2 months
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