A loan to buy another computer for my cybercafe

Hillary

Kapsabet, Kenya

100% repaid

Entrepreneur

Name

Hillary

Member since

March 2015

On-time repayments

139 installments  •  83%

About Me

Hillary is the second born in a family of eight. With humble beginnings I managed to attend both primary and secondary school and performed well. Though, I scored good grades to pursue higher education, I did not proceed due to lack of school fees. I struggle with odd jobs here and there to raise a living. Luckily, I got a voluntary service which paid a modest stipend, and I managed to save to start my business. My home of residence is Nandi County, situated in a place called Kaptel location. However, my place of business is Malava town, a highly developing town in Kakamega County. What brought me to this place was voluntary service carried out by the ministry of Health. Its duties involved; sensitizing the community on importance of abstinence, protecting and preventing sexually transmitted diseases, like HIV & Aids and sexually transmitted diseases. Initially I started with floriculture raised capital, and then I majored in cybercafé when I had secured enough capital. I am now planning to include an Mpesa mobile money transaction in my cybercafe.

My Business

I am entrepreneur, whose main services involves; producing copies of paperwork documents like,exam papers, typing and printing documents, designing of cards, filling of KRA returns, photo editing, scanning document, photocopying document, among other issues. Though, my business has some background roots in Agribusiness, I have now devoted much time in expanding and managing my cybercafé. The equipment available includes; a full computer accessories with internet connected by a modem, a laser printer and paper cutting machine and ink jet printer. Recently, i bought 7bags of maize courtesy of zidisha loan, and hope to sale early next year when prices are higher. I opted to buy maize due to rising political temperatures at that time in Kenya. But, immediately I sale I will re invest in buying more computers. Right now I have applied anew loan of 300dollars to invest in Mpesa mobile money transfer. Mpesa line and float will cost 200dollars, extension for Mpesa business will cost 50 dollars, and the remaining 50 dollars I will as cash for mpesa start business.

Loan Proposal

This is how I will utilize the loan, with kes 12000 I will buy a new computer. And Kes 2000, I will use to hire an employee who will assist me with the cyber workload, and the remaining kes 1000 will gather for purchase of printing materials. Hope you will fund my loan in time. I will be grateful for your assistance.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$151.00

Date disbursed

Oct 18, 2017

Repayment status

On Time

Projected term

7 weeks

Lenders

Pedro R-C

Cambridge, United States

PG

Paul Graham

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Hillary 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

$150.77

Amount remaining

$0.00

Date repaid

Nov 27, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Oct 29, 2017 $19.79 Oct 27, 2017 $19.79
Nov 5, 2017 $0.20 Oct 27, 2017 $0.20
Nov 12, 2017 $29.69 Nov 8, 2017 $29.69
Nov 19, 2017 $29.69 Nov 8, 2017 $22.76
Nov 9, 2017 $5.20
Nov 12, 2017 $1.73
Nov 26, 2017 $29.69 Nov 12, 2017 $0.74
Nov 13, 2017 $28.95
Dec 3, 2017 $29.69 Nov 13, 2017 $29.69
Dec 10, 2017 $12.02 Nov 13, 2017 $9.65
Nov 25, 2017 $2.36
Nov 27, 2017 $0.01

Loading...