Stationary facility
Richard
Kakamega, Kenya
$0 to go
100% funded of $6 goal
0
days left
Entrepreneur
Name
Richard
Member since
September 2016
On-time repayments
18 installments • 56%
About Me
Richard chepsigor was born in the year 1979 in baringo county Boruyo village. I schooled in Boruyo Primary and Kapkwa boys high school between 1985 to 1999.
I When to college in Ict and Business at Sigalagala natiuonal polythechnic kakamega.
for certificate and Diploma.
To overcome hardships in many challenges in life and in business i try again and again even if i fail to make it today. It doest matter how many times i try something i believe one time i will make it
To Start off my business i tarted working for more than five people after school and lastly i was given a challenge by my boss one time who i was working for. He told me that you cannot work for somebody forrever but you try to start small. I started with one computer which i bought with my small monthly savings.
I work now in a diverse setting of many communities arround with diffent languages but monthly i use english and kiswahili to intaract with my clients.
My family and i whom we currently live together are happy and my children God willingly would wish to Do their education to the greater hights.
I like swimming, waching movies wich are educative in life and reading newspapers during my leisure time
My Business
The name of my business as registered is called wide-reaching computers technology and beureau centre.
As i have described above the business enterprise gives me income which are not static or consistent either daily or monthly.
In the section of computer training i basically train clients of all works of life to get computer basic knowledge. The clients registers with my computer centre and pay an a fordable fee of kshs 3500 in a period of 2 months only during part time hours.
In the area of computer repairs and maintenance i do servicing and repairs of clients desktop computers and laptops.
I have an internet cyber cafe where clients browse for internet service and they do some printings.
A bout printing i do clients work of typesetting, designing and printings of posters, bronchures, cards and any other similar task that does with computer.
I may now eloborate each income per section:
1. Computer training: We get about 20 or more clients per a period of two months which translates to 100 per year at the minimum. The total income before expenses is kshs 3500 x 100 = 350,000 per year at the minimum.
2. Computer Repairs: We do reapairs and maintent computers at the lowest 10 computers per month. This cost 1000 pemum. which translkates to kshsr computer at the minimum which is 1000 x 10 comps x 12 months eaqaual to 120000 per year.
Cyber services produce kshs 500 per day 13000 per month and 156000 per year
For Printings about 1200 per day and 31200 per month and 374400 per year
my total overheads for workers, rent, electricity and water is kshs 35000 per month
in average. and 420000 per year.
I use the profits to educate my children and expand the business.
Loan Proposal
The loan that i will borrow from you will help me buy some office papers for photocopying and printings.
The two reams of papers which will cost at a market rate now of kshs 400 i will add with my already existing capital and get some more papers.
I will be very grateful if you consider me again to get this and next move to a higher loan limit.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$6.00
Date disbursed
Apr 7, 2017
Repayment status
Late
Projected term
6 weeks
Other loans
Lenders
United States
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