To purchase uninterruptible power supply (ups)
Boniface
Kayole, Kenya
8% repaid
Entrepreneur
Name
Boniface
Member since
April 2014
On-time repayments
62 installments • 16%
About Me
My names are Omondi Boniface Owino. I am married to Jane rapasa Oduki and live in Kayole Estate in the Eastlands of Nairobi City. I am the 5 fifth born in a family of seven, four girls and three boys. Kenyan, twenty six years old. I was born and raised in Kiasa sub location, Kaler Location, Nyatike Sub County in Migori County, South Nyanza. I started my childhood school at Kea primary school then to Kanga-Onditi Mixed Secondary school after which I joined One tertiary College within the city where i attained a Diploma in Information Technology. After college I started this busines to help me take of my family and that of my extended family like my siblings.Have manage to purchase six computers,one printer and some households.My hobbies are watching football,swimming and reading novels.
My Business
I will pay back the loan with money collected from my daily customers in my cyber.The services I offer are digital photo printing(both passport sized and full photos,computer repair and maintenance,I train students in computer applications, photocopying, binding, lamination, printing, and internet access services.My customers prefer my business because I have been running this business since the year 2010 and my customers have developed trust in my reliability and service delivery therefore I have managed to build a strong customer relation which has enabled me to maintain this business for the past years, my charges are also affordable compared to my competitors.My business is profitable because I have a lot of customers.The risk my business faces is insecurity but this has been currently dealt with.My monthly income is USD574 and my Monthly expenses is USD425.
Loan Proposal
I will use this loan to buy Uninterruptible power supply (UPS).The benefit will be, should there be any power blackout,there will be no mechanical problem to my computers,no Data loss eg giving power back up to enable me read the timer of my customers before they leave. Currently am running at a loss should their be any power blackout because some customer are not honest since they can't tell me the exact amount that was reading on the timer.With this machine my monthly income will increase by USD114 per month.Am pleading with lenders to assist me grow my business since this will change my life and that of my family
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$218.00
Date disbursed
Aug 20, 2014
Repayment status
Late
Projected term
12 months
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