Software license & 3d printer to expand design capabilities

Victor Amugune

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Victor Amugune

Member since

November 2014

On-time repayments

301 installments  •  51%

About Me

Am a humble Christian and determined to step over the next step of life, in every day I see by the powers and enabling of my Lord's grace. The same principle of love, encouragement and growth is the strength I apply at my business place. Having graduated with a diploma in IT and hustled and searched for job with no vain. I later was funded by my uncle who bought for me a secondhand desktop which i started the business and later on i acquired a second hand laptop from my friend on loan. Am grateful to be part of Zidisha family as large, and hope that by God's grace my hand through the round goes in Zidisha I will get an opportunity to torch somebody somewhere in life.
Thank you Zidisha and lenders for lifting me this far.

My Business

Nax Graphic Design is a graphic design studio focusing on brand identity, promotional items and garment design. I am currently active in several different markets, including working with high schools, event promotions, start-up businesses, churches, local bands and book layouts. I decided to go into business for myself when I had grown as much as possible at my previous job, and all other job opportunities in my field required relocation out of my home County. A friend of mine who owns a business lettering comic books suggested I look into starting my own business from home. I started this business because I love what I do, and because I know I have the drive to succeed. I live a very responsible life, and I would never have made the jump to owning my business and putting my financial livelihood in jeopardy if I didn't know I was going to be successful. My biggest challenge is getting my name out to new clientele, and standing out among the crowd of high end design firms as well as bottom line freelancers.
I use my profits to reinvest in my business and helping my family needs.

Loan Proposal

This loan will be to increase my operating capital, allowing me to continue upgrading hardware, software, licenses and supplies, while I grow my business. Having enough capital on-hand allows me to take on larger projects that have a significant delay between starting and payment, bid on governmental contracts that require all work to be done up-front, allow me to do new kinds of work, and generally put me on more even footing with larger firms. Overall I will see improved cash-flow and profitability, allowing me to repay the loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$416.00

Date disbursed

Dec 7, 2016

Repayment status

On Time

Projected term

6 months

Cost to entrepreneur

Service fee: $17.15

Victor opted to pay $15.17 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

PG

Paul Graham

United States

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