Idarus
Mtwapa, Kenya
$0 to go
100% funded of $100 goal
0
days left
Entrepreneur
Name
Idarus
Member since
April 2013
On-time repayments
10 installments • 0%
About Me
I am a Father of two. My wife's name is Rahab Wairimu, my first born's name Rayan and Fahima. I live in Mtwapa and work here as well. I worked as a Cyber attendant and Technician for 4 years then I believed in starting my own business. I started a small cyber cafe in Majengo a town near Mtwapa but due to lack of fanancial backup, I could not maintain the shop. I returned to Mtwapa and joined a Mobile phone technician and gain alot of experience. I had completed my primary, secondary and college studies and I specialized my career in ICT. I have 8years experience in dealing with computer repairs, maintenance and support. I had recently started my own small mobile phones/Computer repair shop when I get my own daily bread. There are alot to be done at the moment and I can not do it on my own thats why I need a helping hand to accomplish my dreams. Some of the things I buy as stock are phones accessories and parts as well as computer accessories and fix when to be fixed and repair where to repair.
My Business
My business is a small business that needs to be assisted for it to grow. I believe in honesty and customer care as my principle for success. I deal with repair of mobile phones and Computers since ICT is a trending field that needs competitive individuals. I find it to be addictive and profitable field. Since kenya has decided to go digital, I believe I will have alot of work to do. I normally get approximately Ksh, 30,000/- to 35,000/- per month. My monthly rent is Ksh 10,000/- Electricity bill Ksh. 5,000/- Internet connectivity Ksh, 3,000/- Rent for my home is Ksh 5,000 inclusive of water and Electricity the rest I buy food and any request equipment for my work.
Loan Proposal
Since I am a Computer/Mobile Phone repair Technician trying to expend my business, I had been looking for funds to help me expand my business step by step. I have come to realize that most of the businesses do not grow without external force that is for example loans from different organizations such as Banks, Micro finance Institutions etc.
I am intending to expand my business by buying more accessories and spare parts for phones so that I can get more profit than buying the same from Mombasa town on daily basis. According to my work schedule, I have to wake up early in the morning on daily basis and go to Mombasa Town to buy Mobile phone parts to fix to various phones left the day before. This has become time consuming and some customers can not leave their phones behind and as a result losing business. I shall utilize my first loan in buying most essential spare parts that are moving fast so that I can manage to repay the loan in a shortest period and apply for the next allowed amount.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Apr 24, 2013
Repayment status
Late
Projected term
10 months
Lenders
Rotterdam, Netherlands
Franklin, TN, United States
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