Security solution firm registration

Dennis

Meru, Kenya

Funds disbursed

$0 to go

100% funded of $150 goal

0

days left

Entrepreneur

Name

Dennis

Member since

February 2014

On-time repayments

9 installments  •  0%

About Me

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.

My Business

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.

Loan Proposal

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.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Mar 24, 2014

Repayment status

Late

Projected term

2 months

Lenders

J

jjonas

berlin, Germany

rasmus

Bern, Switzerland

SmeeAgain

Dublin, Ireland

Hedwich

Gorssel, Netherlands

A

anagnan

BRUXELLES, Belgium

E

Escalada

Bakersfield, CA, United States

V

vrthe99perc

KUALA LUMPUR, Malaysia

anonymous

Huntington, United States

O

osubucks45

United States

M

Michi

Switzerland

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