Entrepreneur
Name
Lawrence
Member since
February 2014
On-time repayments
332 installments • 13%
About Me
My name is Lawrence macharia, legally Married to Franciscah mibey with 2 kids.I hold a bachelors of science degree in Information Systems Technology from United States international university class of 2006 I.D 610724(USIU):and operate a computer shop in Nakuru town.I decided to go into computer business because of its dynamic nature and the level of unemployment in Kenya. i want to be an employer in future Not an employee.My hobbies include movies,music,researching,meeting new friends and technology.
My Business
My business is fully registered at the attorney general's office by the name "Framtech Computer Solutions". It is fully licensed to sell computers,tablets,smartphones,laptops,printers,copiers,Computer repair and maintenance,data recovery,web design,software programming,mobile solutions,networking,e-commerce and stationery supplies.
In this business, the major challenges are competition and stock levels.About the competition i have endeavored to learn from it and exploited few weaknesses like aggressive marketing through online channels and price cuts.
The other challenge of stock level is the main reason for me to request the loan so that i can boost my stock levels slowly by slowly based on the customer demands.
currently am earning a monthly income of $350-400 after deducting expenses.Since am a family man my basic needs take $150 and the rest i use to increase the business stock.thank you .
Loan Proposal
My business is fully registered at the attorney general's office by the name "Framtech Computer Solutions". It is fully licensed to sell computers,tablets,smartphones,laptops,printers,copiers,Computer repair and maintenance,data recovery,web design,software programming,mobile solutions,networking,e-commerce and stationery supplies. With the loan i will buy computer accesories like RAM,VGA cards that will cost me $ 200. I will add $50 from my savings.
currently am earning a monthly income of $350-400 after deducting expenses.Since am a family man my basic needs take $150 and the rest i use to increase the business stock.thank you .
I promise to repay all my installments in time.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Apr 28, 2014
Repayment status
On Time
Projected term
6 months
Other loans
Lenders
United States
Ask Lawrence a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.