Mark

Nakuru, Kenya

Funds disbursed

$0 to go

100% funded of $1,168 goal

0

days left

Entrepreneur

Name

Mark

Member since

August 2011

On-time repayments

37 installments  •  35%

About Me

I am Mark O. Opondo a Kenyan aged 31 years, I have a family with two children. First born is 5 years and is in nursery, second born is 6 months old.
I live in Bahati center plot no 53 just next to Bahati North district commissioner’s office. People who know and can give you information about my residential area include Steve Kagwe 0722148384, Moses Walela Waswa 0720050502, Samuel Ndungu 0720474748 who is my church member in Full Gospel churches of Kenya .
I hold advance diploma in computer electronic engineering and computer science studies fro m IAT college in Nairobi and Graffins college in westlands Nairobi.
I have adequate skills and experience of 8 years in the said field. Iam a part time computer instructor in a private school in Nakuru and also a freelance computer technician, repairing computers and their accessories. I also sell ex-uk CRT monitors and at times trade in CRT monitors with TFT monitors.
The business is not bad because people are leaving CRT monitors to TFT owing to their portability, clearity and low power consumption.

My Business

I trade in a 17’’ CRT monitor to my customers with a 17’’ TFT at a fee of kshs 7000 and make a profit of kshs. 1000. Then resell the ex-uk at kshs. 2500. Thereby making a profit of kshs. 3500. I also install windows operating system to my customers at kshs. 2000 and Application software at kshs. 1000.
In a good trading month I make kshs. 20,000 – 30,000 on my freelance technical IT job and part time teaching job kshs. 12,000. Therefore my total monthly income is kshs. 40,000. The only challenge I have is sharing computer workshop with friends whom we share rent and other expenses. I want to start my own workshop.
I currently have savings of kshs. 150,000 and need kshs. 50,000 from zidisha. This will total to kshs. 200,000 that I think will be enough to start my own workshop. I will pay 4 months’ rent deposit of kshs. 40,000, buy furniture at kshs. 20,000, install unlimited internet line at kshs. 20,000, trading license at kshs. 4000, out door signs and adverts at kshs. 10,000, 2 desktop computers at kshs. 40,000, employ a secretary at a wage of ksh.8000 per month and keep the rest of cash for buying and trading in ex-uk TFT monitors to my customers.

Loan Proposal

Thanks a lot to my dear lenders for the last loan that i used to start the horticultural farm that enabled me to diversify to dairy farm and now that i have experimented that the dairy farming can do better than horticulture, i find it wise to add another dairy cow that will cost me kshs. 70,000 and the remaining amount for the feeds and medication. otherwise thanks in advance for loaning me again.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,168.00

Date disbursed

Dec 19, 2013

Repayment status

Late

Projected term

12 months

Lenders

investor

Candiac, Canada

Kylie

Mount Martha, Australia

tycho

Madison, WI, United States

P

Philippe

Adliswil, Switzerland

DeanDropshot

Oslo, Norway

Ambrose

Calgary, Canada

A

anonymus

Moon, United States

T

ToddK

Indianapolis, IN, USA, United States

A

Alicee

Munich, Germany

russell

leicester, United Kingdom

A

aiban

Austin, United States

mossuto

Milano, Italy

M

Mårten

Inden, Switzerland

Ingela

Falun, Sweden

Sverre

Bergen, Norway

K

kingcamo1095

Mountain Home, United States

C

CorVeninga

Nieuwegein, Netherlands

C

cranejoad

cazenovia, United States

xtrahardware

Cazenovia, United States

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