Additional capital to buy computer accesories

Elvis

Nakuru/kabachia, Kenya

26% repaid

Entrepreneur

Name

Elvis

Member since

April 2014

On-time repayments

57 installments  •  23%

About Me

am a young man not married .I attend Presbyterian churches of Kenya at kabachia outskirts of nakukru town . I attended uhuru high school and later joined Christ the king training institute where I pursued diploma in Information and technology,currently am working at darling Kenya as a sales person. I established a small business where I offer typing ,photocopying ,printing ,scanning,type setting,biding services .I decide to establish this business which is in line with my career. From my business returns I have been able to expand my business into selling of simple computer accessories which am looking forward into selling of computers in future

My Business

two years ago I established a small business where I offer typing, photocopying, printing ,scanning, type setting, biding services .I decide to establish this business because it is in line with my career. where I have located my business is densely populated with very many university students who are my many customers. Am highly motivated in my work and this gives my customers confindence in my services and this becomes a competitive advantage against my competitors. My business faces less or no risk since students have to do their project, print their course work and photocopy lectures notes.monthly am able to make approximately ksh 60 000 after incurring ksh 100000 (cost of operation )

Loan Proposal

i am so grateful for the loan extension.i will use this loan as an additional capital in addition to my savings from my business returns. i will buy few memory cards,memory card reader, printer cartridges, printing, and photocopying papers. this season students are doing their exams and this gives an opportunity to get more returns from the high demand for my services. Also the university finalists are writing their project proposals and they will also require my services.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Apr 23, 2014

Repayment status

Late

Projected term

13 months

Lenders

EricDWalters

Rochester, Mn, Usa, United States

ads68

Melbourne, Australia

Bobrm2k3

Charleston, United States

mikeoberhaus

San Francisco, United States

E

Escalada

Bakersfield, CA, United States

A

Anonymous

United Kingdom

D

DaveElliott

United Kingdom

S

sarah4d2

Saint Louis, United States

A

ajayhk

San Jose, United States

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  • Elvis    Nov 3, 2014

    dear lenders,
    Hello dear lender,am very sorry for the delay,i know i have caused so much inconvenience,this is due to my deteriorating health ,i will try my best to repay the loan ,just give me a little time i will sort out the loan
    regards Elvis Angira

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  • Elvis    Sep 13, 2014

    hellodear lender i will make the payment by tuesday

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  • Elvis    Aug 25, 2014

    hello,i have been contacted by several friends of mine,and am aware of your concern , i would kindly request if you can reschedule my payments to 31st of this month,i was sick and i had hard timesettling my hospital bill,thats the reason why i defaulted the payments,but i managed to overcome thechallenges that were facing me, so by 31st i will settle the areasrs, thank you in advance.

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  • Elvis    Jun 3, 2014

    dear lenders
    the loan has had a great impact on my business.it has helped me get the proper printing equipment which was key during this period of my business.Most of the students have greatly benefited from my services as they have had many assignments during their school sessions. They have been this prompt provision of services has also seen the business acquire more customers.as i repay my loan i am also looking forward to expanding my business further.
    thank you

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  • Elvis    Apr 22, 2014

    dear lenders,
    thank you so much for your quick funding i will invest the funds wisely and aim higher returns.
    best regards

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