To buy new colour printer

Felix

Nairobi, Kenya

26% repaid

Entrepreneur

Name

Felix

Member since

May 2013

On-time repayments

33 installments  •  42%

About Me

I am Mr. Felix Maiyo 25 years old and holder of diploma in Information technology and currently pursuing a degree in IT. In addition I have some experience in investments from my former businesses. The urge to be self-employed and the need to ensure others acquire knowledge easily and affordably have lend me to come up with the business idea

I am an employee at Safaricom Limited as a retail agent which provides me vast experience in doing business in a professional manner which is geared towards providing solutions to customer needs.

I have Management and leadership skills along with in-depth Technical Knowledge in computer system. I believe that my qualifications are an ideal match for a position in business and management in any organization and I’m confident I would make valuable and immediate contribution to any operations that entails running everyday activities in my business ventures.

The following are highlights of my qualifications:

-Web design Knowledge in html, css, JavaScript, and PHP
-Database management – installation, Administration, configuration of databases
-Software development – programming in C++, visual basic, PHP and C frameworks.
-Network configuration and management – design, implementation and maintenance of local and wide area networks .network security administration.
-Operating systems – Installation and administration of windows server 2003/08, linux UNIX, windows vista and windows 7.

In addition I offer outstanding organizational skills which have proven to be critical asset in developing, maintaining and supporting dynamic information technology and inovations.
These qualities combined with my dedication and tireless work ethic shall enable me make a positive impact in your company.

My Business

Business Description

Skill Track Agencies is a business venture which deals with provision of stationery products and services such as photocopying, printing, scanning and typesetting. The idea targets University, College and primary students around Juja Town who cannot access these products and services at cheaper prices. Recently it has also expanded its idea to incorporate selling of ice cream, repair of electronics and sale of electronics and electronics spare parts. The profit from the business is ploughed back into the business to ensure its expansion and continuous operation without capital difficulties

Business Location And Address

The proposed business is located in Kiambu County, Juja town, and along Thika Super Highway opposite Jomo Kenyatta University main entrance. The business has been operational for some time now and is scheduled to expand its operations this season when most institutions are open and the demand for stationery and electronic services is expected to be high. The lacation is well fed with tarmac road, constant electricity and the security is tight in the area as the main police station is a few meters away from the site. The location is also strategic for the business idea.

CAPITAL INVESTMENTS
Skill Track Agencies requires a capital of Ksh. 520,000 for expansion which will be realized through the following sources:

SOURCE SHS.
My savings 220,000
Loan 300,000
Totals 520,000

At the beginning of the 1st year, I intend to spend the capital as follows:
Items payment in one year Costs in (Ksh)
1. License and permits 5,000
2. Electricity Approx.500@month 6,000

3. Rent 12,000@month 144,000
4. Retained cash for arising expenses 20,000
5. Stock 363,000
Total capital 520,000

Type Of Business

Skill Track Agencies is concerned with solely offering quality stationery and electronic products and services to the customers with personalized services to ensure the business meets customers’ needs and desire for satisfaction which will attract more customers and retain the current ones. Skill Track Agencies is in its early stages but with effective promotion and advertisements it’s believed that it will expand tremendously after one to two years. Our main target customers are university, college and primary students, institutions and all the businesses in town and the surrounding areas

Business Goals and Objectives

Skill Track Agencies being one and the only one of its kind in the area is expected to meet the following short term and long term goals towards realization of serving its potential customers.

Short Term Goals

-To increase profit to meet its expectation of rapid expansion.

-To exploit the current existing opportunity.

-To create self-employment and employment for others.

-To provide affordable and quality products and services to the community at large.


Long Term Goals

-To improve provision of services to target more customers and to start outdoor services so as to increase the customer base, thus facilitating increased clientele.
-To open up more branches in different parts of the country and beyond.
-Reach more clients and use the feedback from the customers to modify the service.
-Expand into the eastern African markets now that eastern Africa market has been opened up.

Competition

The main competitors of Skill Track Agencies are bookshops in Juja town and other emerging smaller shops around who also offer stationery and electronics products and services as well. Each of these competitors poses a threat to Skill Track Agencies because they are strategically located on the main routes in the town and have been operating for a long time now.

However, because Skill Track Agencies is customer oriented, that offers services promptly plus the high quality services and affordable products, which the competitors don’t have, we hope to get an upper hand by planning to market our services aggressively. We hope to lead the pack in the next 7 months upon embarking on expansion of our operations

Loan Proposal

I would like to borrow a loan to buy a new printer to cater for the demand by customers. the University population has increased for the pas year hence the need for a better quality printer which will cost me ksh 60,000 . i already have savings of 40,000 and any assistance will be highly appreciated.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$94.00

Date disbursed

Dec 19, 2014

Repayment status

Late

Projected term

5 months

Other loans

Lenders

J

jjonas

berlin, Germany

Cloudways

Malta, Malta

ads68

Melbourne, Australia

M

Malibu

Westwood, United States

S

sanfransec

San Francisco, CA, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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