78 installments • 31%
Professionally i did information technology and currently am working with Nairobi Institute of Information technology as an Instructor teaching IT courses.In addition to that i normally do part time training of the same courses in the evening. Due to high demand my clients (student) number is growing and forcing me to have a need of hiring a premise which will enable me to conduct my training s ,am also supporting two orphaned boys back at home in terms of paying there school fees and due all these responsibilities i can not afford to raise cash of hiring a comfortable and conducive premise for conducting my training s. I started part time training s to enable me generate additional income. The earning from my part time training has really supported me especially in raising in raising school fees for the boys am educating in addition to my monthly salary from employment.
I have been doing par-time training for IT courses (packages and sometimes professional courses) for now six months as a means of obtaining additional income but due high demand am seeing it as an upcoming good business.The only challenge i am currently facing is that i don't have a central place of doing it therefore i train my clients (students) from their homes using my laptop. This has forced to think of setting up a good premise whereby i will be able to train a group of students which will save my time and ease my training, the only challenge is that i can not raise the money of hiring a premise due the responsibilities i have that is why am requesting for your assistance.With your support Am looking forward to; first hiring a training premise then slowly buying computers and later expanding this idea to setting up a big quality IT college which will generate good income as a business.
Thanks to Zidisha and Alzrius for granting me the first loan.I do IT training s on part time basis,before i got the loan i used to train my clients at their respective places of preference.Today am happy because the loan enabled me to rent my training premise and started conducting my training in a centralized location.I initially conducted my training s using my laptop and most of my client had theirs too because most of them are working and that is why they opt for part time classes, challenges arose when i got students who had no laptops of their own but i thank God because since i started in July i have managed to buy 2 desktop computers from the returns.Actually i could be having upto 4 by now but i had to pay for the licence for operating my training s in that premise and also set up the premise to fit my training standards and look attractive to my clients.To this extent all is well and moving in upward trend in terms of people making inquiries and student enrolling each month. My target is to reach 20 computers by mid next year so that i can fully shift full time training .I WILL USE THE LOAN AM BORROWING NOW TO BUY 2 MORE DESKTOP COMPUTERS EACH COSTING KSHS 15000 WHICH MEANS I WILL ADD APPROXIMATELY KSHS 6000 TO BUY THE COMPUTERS. THANKS ZIDISHA AND LENDERS.
Nov 4, 2013
Cost to entrepreneur
Lender interest: $286.10 at 4.21% annual rate over 12 months = $12.55
Service fee: $10.40
Nov 6, 2014
|Expected Payments||Actual Payments|
|Dec 19, 2013||$0.00|
|Jan 19, 2014||$30.95||Mar 27, 2014||$30.95|
|Feb 19, 2014||$30.95||Mar 27, 2014||$30.95|
|Mar 20, 2014||$30.95||Mar 27, 2014||$30.95|
|Apr 20, 2014||$30.95||Jun 7, 2014||$30.95|
|May 20, 2014||$30.95||Jun 7, 2014||$30.95|
|Jun 20, 2014||$30.95||Jun 7, 2014||$30.95|
|Jul 20, 2014||$30.95||Jul 10, 2014||$30.95|
|Aug 20, 2014||$30.95||Aug 19, 2014||$30.95|
|Sep 20, 2014||$30.95||Sep 26, 2014||$30.95|
|Oct 20, 2014||$30.95||Oct 22, 2014||$30.95|
|Nov 19, 2014||$4.01||Nov 6, 2014||$4.01|