Entrepreneur
Name
Duncan
Member since
April 2013
On-time repayments
13 installments • 23%
About Me
am a diploma holder in information sciences and a juakali certificate in electronics.
i live in chobe area. i started the business due to the demand of young people
needs to be acquainted with the technology associated with computers, and since there was no other business offering the services i
took the opportunity.i use the profit to educate may younger brother who is know in form four.
am know elected as on of constituency development fund
(cdf) committee member in our word ie.
engeneer word and from here i will be able to pay the loan that am applying for. .
My Business
am currently self employed operating a business i which is computer services oriented. in the said business i offer services like;photocopying, printing, editing and still offers computer classes mostly teaching computer packages.
the business is located in an area surrounded by more than five(5) schools.
i am hereby submitting a request to be offered a loan of Kshs 50,000, these many am intending to expand my business, that is am going to buy more computers and other material that go along with my business. with my current number of students standing at 10 (ten) and which is promisingly increasing, i intend to buy some four more computers. this is to accommodate the rising number of students especial those who have cleared there secondary education, and are learning this computer basic before enrolling in colleges. there is also another segment of my clients (students) who are currently in secondary schools, and after closing for holidays especially in April, and others in august and the longest one being in December, are coming in part time to learn the general application of computers. this is giving me nightmares due to facilities constrains.
these money to buy more computers will go along way in impacting positively in this young generation who instead of engaging in antisocial behaviors due to the vast idle time that will have something to do and which is noble in there future carer development, an in the end generating more profit for future expansion of the business.
loan history
am one of the funding members of our youth group by the name chobe vision self help group.
in this group we have been contributing monthly where each member do so to a tune of Ksh, 1000, a month, having this group started 2 years ago the accumulated fund which is banked every month is loaned to group members with a small interest attached (7%). i was offered a first loan of Kshs 40,000 in January 2011 and i payed within a year the latest loan of kshs 90,000 from the same group it took me 8 month to clear though i was to pay in 1 year, that is from Feb 2012 to Sep. 2012
Loan Proposal
this money will help in purchasing a printer, this will help in reducing the workload occasioned by increase in customers sourcing my services of printing.
this will go along with employing another person thus job creation will future.
by the virtue of my business environment, surrounded by schools students they normally come seeking my services especially printing there homework and exams papers.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$97.00
Date disbursed
May 24, 2013
Repayment status
Late
Projected term
13 months
Lenders
New Jersey, United States
Tremonton, United States
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