My name is Dennis Kipkurui, a third born in a family of 6. I have a single mother who has raised us since childhood and I want to grow my business so that I can repay her for the good she did to me as his son.
Currently I am from Eldoret town.
I went to Moi Primary School Kabarak in Nakuru and later joined Moi Secondary School in Nakuru too.Then I completed my University in Mount Kenya University. For the past three years I worked as a cyber owner and attendant specializing in computer programming, software and repairs.
I have a Diploma in IT, I have a business (Cyber cafe) in which money generated goes to my welfare and paying my school fess.
I am in the Business of Cyber Cafe'/internet services, printing and photocopy services also the business transacting money through m-pesa.The business is under one roof situated at a campus(MKU) Eldoret, which provides ready market for my stock and security of m-pesa.The business is viable since it is all year round and I have sufficient clients, the business is also located in a busy market centre.
In Summary:
There are :
26 Working days: and below are:
1. FIXED EXPENSES:
-Rent: 5,500
-Electricity: 3,000
-Internet: 5,000
Total: 13,500/=
2. Calculating My Income:
(a) Computer Usage
Charge per hour: Kshs 50/=
Hours per day: 10 Hours
Days per month : 26
Percentage in occupancy: 25%
i.e 3 Computers, 25% Occupancy, Kshs. 50/= Per Hour, 10 Hours Per Day, 26 Days Per month ( 6 days a week)
3 x 0.25 x 50 x 10 x 26 = 9,750/=
Total Computer Usage: Kshs. 9,750/=
(b) Printing
Formula: (Amount used per day x cost of service x days open per month)
i.e 30 Pages a day x Kshs. 5 per page x 26 days open per month.
30 x 5 x 26 = 3,900/=
Total Printing: Kshs. 3,900/=
(c) Scanning
Formula: (Total scanned per day x cost of service x days open per month)
i.e 5 Pages a day x Kshs. 20 per page x 26 days open per month.
5 x 20 x 26 = 2,600/=
Total Scanning: Kshs. 2,600/=
(d) Other Sources of Revenue
KRA PIN:
Atleast Ksh. 1000 a month.
Kshs. 1000/=
TOTAL SUMMARY:
Computers Kshs. 9,750/=
Printing Kshs. 3,900/=
Scanning Kshs. 2,600/=
Others Kshs. 1000/=
Total Kshs. 17,250/=(TOTAL ACCUMULATED FROM THE BUSINESS)
Less Expenses of 13,500/=
17,250-13,500= 3750/=
Internet subletting of Kshs. 2,000/=
Total Profit Per Month is Kshs. 5,750/=
The above is just but an approximation
The profit will be deposited in Zidisha’s Account as a Loan Repayment.
On the other hand I have a mini shop kiosk shop and I engage in sale of fertilizers to farmers.
Thank you!!!!
Dear valued lenders,
First and foremost thank you for the previous loan which was accorded to me.
The loan did wonders to most of my activities.
The loan helped me on the sustainability of the business, also, I was able to buy 2 more calves to make a total of 5 cows.
On the other hand, I did re-stock my shop with some reduced items.
I am glad because I was able to clear my stock of fertilizers which is on demand right now.
Let me once again say thank you to my dear lenders for trusting me with the loan, my family also sends greetings to your way.
I managed to make an achievement a lot on the business from a margin of 82% - 98%, to me that’s a progress worth appreciated.
The loan requested will go to the purchase of more fertilizers as it is now planting season and its on high demand.RAINS a here with full swing.
I need to purchase 23 bags and 1 bag goes at kshs; 1,800/= ($ 17.44 ) while 23 bags will be bought at kshs; 41,400/= $ 401.16
The market selling price now is kshs: 3,400/= ( $ 32.95 )
In Summary:
Selling Price Minus Buying Price = (32.95-17.44) Profit per bag is $ 15.51 which is kshs 1,600/= per bag
A total profit projected in total is kshs 36,800/= which is $ 356.59.
The profit will go towards purchase of more stock to enable me purchase 2 motor bike s for boda boda business, and so i will have employ 2 more people who will be able to feed their families.
I will be able to repay this loan comfortably as the cyber business is in operational and also farming inputs income too and the mini-shop.
Thanking you in advance!!!!!
Zidisha Team With all Lenders!!!
'Take my hand and make my business Prosper' once again