231 installments • 72%
i grew up to the age of 16years at the farm,the only thing i remember about my childhood is that i loved swimming and go hunting.I was raised by my grand parents,I completed my secondary education in 2008 I never had a chance to go to college because no one could pay for my fees.i started my small business in 2012 I raised the capital by working at a petrol station.i started with 1 computer where i used to do my graphic designing but now i have 4 computers and i have an internet connection for people to browse the internet
My business comprises of photocopying, printing and Internet Cafe,graphic designing,photo printing.
these service are important because am located in CBD and they are alot of goverment offices which need documentation and printing of office documents.
i chose this kind of business because i had a little capital and i needed only invest once
so the computer i bought was the capital asset.
my monthly costs include rent for the premises,salary for my employee and other utility bills. the profit from my business I invest it in my education to pay for tution fees,examinations and yearly subscription.
With this loan I will purchase 3 second hand desktops and 3 second hand office chairs, the remaining balance will be used to maintain the physical environment of the office.
The total cost is as follows.
3x desktops @ $195 each =$585
3x office chairs @ $50 each =$150
painting and labour cost =$75
Total expense will be $810
Aug 19, 2018
Cost to entrepreneur
Service fee: $23.96
Credit risk payment: $119.79