Entrepreneur
Name
Ondieki
Member since
January 2014
On-time repayments
82 installments • 45%
About Me
Well, I find it needful to start by saying that I don’t hail from a privileged family. i live each day trying to beat the odds by living both innovative and creative. I find it beneficial to engage myself on mind-building activities like entrepreneurship and education. That’s why, through the initial support from my family, I started a computer shop where I sell accessories and also do repair and maintenance Through determination, I have-and for the past four years been running the business while handling my education, a diploma in Computer Science which till yesteryear I have been persuing in Kitale Technical Training Institute. Basically, I’ve been ploughing back my gains to add stock and expand my business which has been growing steadily and to carter for my educational needs.
My Business
My business deals with sell of ex-uk computers and accessories like mouse, laptop chargers, memories screens. The demand for these accessories is high and in a good month I can make a profit of around $200. From the profit I deduct$50 and pay rent and $60 I pay my employee. The rest of the profit I reinvest back into the business. I usually sell my accessories at lower prices which attracts most of customers compared to some of my competitors who sell at higher prices. on top of that i do computer repair and maintenance. I will use the profits from the business to repay the loan
Loan Proposal
The loan will help me expand my food and beverage business together with cosmetics and photocopying business. I also intend to open a salon business in my premises. Through research i found that a few salons that exist offer poor service, i intend to improve the services. As well il be getting cosmetics direct from my shop which will increase sales.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jan 21, 2014
Repayment status
On Time
Projected term
5 weeks
Other loans
Lenders
Tromso, Norway, Norway
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Thilo Oct 22, 2017
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