Buying a photocopy machine for computer repair business

Pius

Nairobi, Kenya

15% repaid

Entrepreneur

Name

Pius

Member since

April 2014

On-time repayments

165 installments  •  20%

About Me

I was born in Karachuonyo in Homabay County and am part of a family of eight members of which I am the eldest son. I went to Gendia Primary then I finally completed my four at Otok Secondary School. Later I eventually joined Nairobi Aviation for a Diploma Course in Information communication technology. I also have an acceptable level in the field of computing. I have years of experience in the field of technology. I opened a cyber café in the last one year and needed to expand it a bit.My hobbies are playing football,socializing,making friends,repair and maintenance of computer,selling computer accessories

My Business

Computer repair and maintenance in Nairobi and its environs is a growing business since a lot of people are not computer literate and more people nowadays are using laptops and phones to access information and do jobs both online and offline, at the moment I do computer repair, there’s growing demand for spare parts and computer accessories, used computers, cheap laptops and do require repair services.
Even though the service market is growing, I can see a huge increase in the sales part of it and that's where I mostly would intend to be because its a bit less risky in terms of finances, rather than think of service based revenue business, I’m thinking of it in terms of doubling my capital as many times as possible through pushing sales online and offline countrywide.
At the moment I need to buy a a photocopier that will cost me $940. This machine will enable my business to raise enough money through photocopy to generate additional income that I will use to expand my business and service the loan.

Loan Proposal

When this loan is given to me I will buy a photocopy machine worth $940.This will enable me to do bulk photocopy that am currently not able to do because my printer is slow.Am expecting to get additional profit of $117 per month with the new machine.This profit will be used to pay back the loan and expand my business.

Feedback

4

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$369.00

Date disbursed

Dec 18, 2014

Repayment status

Late

Projected term

33 months

Lenders

investor

Candiac, Canada

korben

VILLENAVE D'ORNON, France

J

jjonas

berlin, Germany

M

marcelitohb

Bremen, Germany

T

tkromm

Agia Paraskevi, Greece

Bobrm2k3

Charleston, United States

C

Clben7

Cincinnati, United States

M

Malibu

Westwood, United States

G

geoff

United States

Mikers

Netherlands

Voscke

Utrecht, Netherlands

KM

Kirsty M

United Kingdom

GS

Guillaume Schaack

Luxembourg, Luxembourg

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Pius a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Summary

Amount repaid

$83.71

Amount remaining

$467.39

Expected completion

Sep 10, 2017

Status

Repaying late

Installment amount

$4.49

Repayment History

Expected Payments Actual Payments
Dec 28, 2014 $13.18 Dec 22, 2014 $9.55
Dec 27, 2014 $3.63
Jan 4, 2015 $3.11 Dec 27, 2014 $3.11
Jan 11, 2015 $0.00
Jan 18, 2015 $0.00
Jan 25, 2015 $4.49 Jan 26, 2015 $4.49
Feb 1, 2015 $4.49 Mar 18, 2015 $4.49
Feb 8, 2015 $4.49 Mar 18, 2015 $1.12
Mar 26, 2015 $3.37
Feb 15, 2015 $4.49 Mar 26, 2015 $4.49
Feb 22, 2015 $3.37 Mar 26, 2015 $3.37
Mar 1, 2015 $0.00
Mar 8, 2015 $0.00
Mar 15, 2015 $0.00
Mar 22, 2015 $0.00
Mar 29, 2015 $11.24 Mar 30, 2015 $7.87
Mar 31, 2015 $3.37
Apr 5, 2015 $11.24 Apr 13, 2015 $6.74
Apr 28, 2015 $4.49
Apr 12, 2015 $0.00
Apr 19, 2015 $0.00
Apr 26, 2015 $0.00
May 3, 2015 $0.00
May 10, 2015 $0.00
May 17, 2015 $0.00
May 24, 2015 $0.00
May 31, 2015 $0.00
Jun 7, 2015 $0.00
Jun 14, 2015 $5.62 Jun 14, 2015 $5.62
Jun 21, 2015 $5.62 Jun 21, 2015 $5.62
Jun 28, 2015 $5.62 Jun 28, 2015 $5.62
Jul 5, 2015 $0.00
Jul 12, 2015 $0.00
Jul 19, 2015 $0.00
Jul 26, 2015 $0.00
Aug 2, 2015 $0.00
Aug 9, 2015 $0.00
Aug 16, 2015 $0.00
Aug 23, 2015 $0.00
Aug 30, 2015 $0.00
Sep 6, 2015 $0.00
Sep 13, 2015 $4.49 Aug 6, 2021 $4.49
Sep 20, 2015 $4.49 Aug 6, 2021 $2.25
Sep 27, 2015 $4.49
Oct 4, 2015 $4.49
Oct 11, 2015 $4.49
Oct 18, 2015 $4.49
Oct 25, 2015 $4.49
Nov 1, 2015 $4.49
Nov 8, 2015 $4.49
Nov 15, 2015 $4.49
Nov 22, 2015 $4.49
Nov 29, 2015 $4.49
Dec 6, 2015 $4.49
Dec 13, 2015 $4.49
Dec 20, 2015 $4.49
Dec 27, 2015 $4.49
Jan 3, 2016 $4.49
Jan 10, 2016 $4.49
Jan 17, 2016 $4.49
Jan 24, 2016 $4.49
Jan 31, 2016 $4.49
Feb 7, 2016 $4.49
Feb 14, 2016 $4.49
Feb 21, 2016 $4.49
Feb 28, 2016 $4.49
Mar 6, 2016 $4.49
Mar 13, 2016 $4.49
Mar 20, 2016 $4.49
Mar 27, 2016 $4.49
Apr 3, 2016 $4.49
Apr 10, 2016 $4.49
Apr 17, 2016 $4.49
Apr 24, 2016 $4.49
May 1, 2016 $4.49
May 8, 2016 $4.49
May 15, 2016 $4.49
May 22, 2016 $4.49
May 29, 2016 $4.49
Jun 5, 2016 $4.49
Jun 12, 2016 $4.49
Jun 19, 2016 $4.49
Jun 26, 2016 $4.49
Jul 3, 2016 $4.49
Jul 10, 2016 $4.49
Jul 17, 2016 $4.49
Jul 24, 2016 $4.49
Jul 31, 2016 $4.49
Aug 7, 2016 $4.49
Aug 14, 2016 $4.49
Aug 21, 2016 $4.49
Aug 28, 2016 $4.49
Sep 4, 2016 $4.49
Sep 11, 2016 $4.49
Sep 18, 2016 $4.49
Sep 25, 2016 $4.49
Oct 2, 2016 $4.49
Oct 9, 2016 $4.49
Oct 16, 2016 $4.49
Oct 23, 2016 $4.49
Oct 30, 2016 $4.49
Nov 6, 2016 $4.49
Nov 13, 2016 $4.49
Nov 20, 2016 $4.49
Nov 27, 2016 $4.49
Dec 4, 2016 $4.49
Dec 11, 2016 $4.49
Dec 18, 2016 $4.49
Dec 25, 2016 $4.49
Jan 1, 2017 $4.49
Jan 8, 2017 $4.49
Jan 15, 2017 $4.49
Jan 22, 2017 $4.49
Jan 29, 2017 $4.49
Feb 5, 2017 $4.49
Feb 12, 2017 $4.49
Feb 19, 2017 $4.49
Feb 26, 2017 $4.49
Mar 5, 2017 $4.49
Mar 12, 2017 $4.49
Mar 19, 2017 $4.49
Mar 26, 2017 $4.49
Apr 2, 2017 $4.49
Apr 9, 2017 $4.49
Apr 16, 2017 $4.49
Apr 23, 2017 $4.49
Apr 30, 2017 $4.49
May 7, 2017 $4.49
May 14, 2017 $4.49
May 21, 2017 $4.49
May 28, 2017 $4.49
Jun 4, 2017 $4.49
Jun 11, 2017 $4.49
Jun 18, 2017 $4.49
Jun 25, 2017 $4.49
Jul 2, 2017 $4.49
Jul 9, 2017 $4.49
Jul 16, 2017 $4.49
Jul 23, 2017 $4.49
Jul 30, 2017 $4.49
Aug 6, 2017 $4.49
Aug 13, 2017 $4.49
Aug 20, 2017 $4.49
Aug 27, 2017 $4.49
Sep 3, 2017 $4.49
Sep 10, 2017 $6.72

Loading...