New and Better Printing Machines

Victor

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Victor

Member since

January 2015

On-time repayments

76 installments  •  53%

About Me

My names are Victor Musassulah from Nakuru Kenya. I was born and brought up in Nakuru. to a single mum my upbringing was tough as we were three of us and our mother struggled to see us through school. i have schooled up to college level.my goal was to have my own business this was not easy at first because i had to be employed so as to be able to raise some capital.But this was difficult as i had to help my mum with the other siblings.also the salary was not to my expectation.By the time my contract was over i had little savings,that's when it hit me that i had to seek other ways of raising my capital.I approached a friends who had one extra desktop computer at home and he accepted to sell it to me later i acquired a second hand printer and that's how my computer and printing business started.

My Business

My business is located in Nakuru West area Nakuru county,Kenya.I started operating my business in the year 2013.I started my business with a capital of USD 200.My business deals with printing, typesetting and photocopy . The business is licensed and issued with a single business permit(annual license). In a day i can serve more than 100 different customers because i enjoy monopoly as other computer services are far away. In a clean month i can make profit of upto sales of $ 200 after i have added more stock ,paid rent and electricity bill.
In a way of the zidisha microfinance supporting my business,i will be able to make good profits which will sustain my family living standards and also i will move to a permanent building and expand my business.Thank you Zidisha team

Loan Proposal

Given the first loan i will use it to restock more goods in my cyber this will include stationery as im positioned near several schools. To add on that i will use USD 40 to instal high speed internet connection with KDN as most of my customers desire highest connectivity.With this my profit is set to increase by 80%.
Thanks to Zidisha

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jan 23, 2015

Repayment status

On Time

Projected term

4 months

Lenders

ElephantCastle

Berlin, Germany

ThomasJosef

Berlin, Germany

BS

Bart Sturm

Amsterdam, Brazil

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Summary

Amount repaid

$102.33

Amount remaining

$0.00

Date repaid

Mar 3, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Feb 1, 2015 $1.94 Jan 29, 2015 $1.94
Feb 8, 2015 $1.94 Jan 29, 2015 $1.94
Feb 15, 2015 $1.94 Jan 29, 2015 $0.61
Feb 5, 2015 $1.34
Feb 22, 2015 $1.94 Feb 5, 2015 $1.94
Mar 1, 2015 $1.78 Feb 5, 2015 $1.78
Mar 8, 2015 $5.62 Feb 12, 2015 $5.62
Mar 15, 2015 $5.62 Feb 19, 2015 $5.62
Mar 22, 2015 $5.62 Feb 26, 2015 $5.62
Mar 29, 2015 $5.62 Mar 3, 2015 $5.62
Apr 5, 2015 $5.62 Mar 3, 2015 $5.62
Apr 12, 2015 $5.62 Mar 3, 2015 $5.62
Apr 19, 2015 $5.62 Mar 3, 2015 $5.62
Apr 26, 2015 $5.62 Mar 3, 2015 $5.62
May 3, 2015 $5.62 Mar 3, 2015 $5.62
May 10, 2015 $5.62 Mar 3, 2015 $5.62
May 17, 2015 $5.62 Mar 3, 2015 $5.62
May 24, 2015 $5.62 Mar 3, 2015 $5.62
May 31, 2015 $5.62 Mar 3, 2015 $5.62
Jun 7, 2015 $5.62 Mar 3, 2015 $5.62
Jun 14, 2015 $5.62 Mar 3, 2015 $5.62
Jun 21, 2015 $8.51 Mar 3, 2015 $8.51

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