Entrepreneur
Name
Victor
Member since
November 2013
On-time repayments
318 installments • 9%
About Me
I am graduate from Kenya Polytechnic University College and currently am running a computer training at Eagle Computers Ltd,Located in Kericho county Moi Road Opp Uhuru Garden 3rd Floor. The reason for applying Zidisha loan is for purpose of expansion especially with latest printing machines and adding at least 10 other brand new computers to improve the intake capacity.There is good potential to improve in these area and offer latest Hardware and Software Technology to meet the current job market demand especially in the field of ICT and others in general. The building capability towards this area will be achieved through investing in latest technologies in field so as to generate more income and contribute positively in the society and also improve the people's livelihood. I have long term commitment to contribute in repaying of the acquired loan. Thanks.
My Business
The source of income is mainly through the tuition fee on what we charge the students;
Computer Packages @ Kes 2,500
Video Editing @ Kes 12,000
Web Design @ 7,000
Normally in a month we get between 15-25 students which can give us a minimum of Kes 37,500 per month. For loan repayment details will be purely through the income generated from the Business. The business has been in place for 5 yrs now and our monthly expenditure normally is around Kes 15,000 which gives a profit of a bout Kes 20,000 per month.
Loan Proposal
The loan will be used in the purchase of new Keyboards, mouses and empty CDs/DVDs.With the intention of reselling them.I intend to install new computers in Kericho Stationers and this will add up to the required computer accessories. The loan will also be used for the upgrading on installed memory cards from 256MB to at least 512MB in my existing Computers so as to improve efficiency in terms of speed and accuracy. In this competitive field of computers technology more faster computers is very paramount. I think this loan I have applied will be of great help to the business enterprise and am looking forward to repay that loan as soon as possible so as to attract a greater loan amount. Thanks
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Loan Info
Project Type
Classic Loan
Disbursed amount
$47.00
Date disbursed
Dec 9, 2013
Repayment status
On Time
Projected term
11 months
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