Loan for more bandwidth capacity
John Njoroge
Neema Estate-nyahururu Sub-county-nyandarua County-kenya., Kenya
100% repaid
Entrepreneur
Name
John Njoroge
Member since
April 2016
On-time repayments
167 installments • 99%
About Me
I was born and raised around Nakuru town in the Rift Valley Province of Kenya. I have a degree in education from Moi university in Kenya.
After my college education, I could not get formal employment and had to work as a 'matatu ' driver ferrying passengers from one town to another for two years.
I used the little amount of money that I had saved plus some more which I was loaned by a relative to start my business.
My country, Kenya, has extraordinary beauty both in terms geography and contrasting cultures from 42 diverse tribes. It's a choice destination for many tourists from all over the world.
I have a son who wishes to take up my hobby in computers and software as his future professional job.
My Business
I have a cybercafe and small retail shop that deals in electronic accessories.
The cybercafe caters to the people who need fast internet services, especially for government services accessed through the internet, e.g., the e-citizen website.
The retail shop sells small accessories such as phone chargers and batteries to people on transit through the town. I like my business as it augments my hobby in computers.
On average, my monthly costs range from KSh 20,000 to KSh 30,000 while revenues range from KSh 40,000 to KSh 60,000. The proceeds from the ventures are used for household needs, school fees, investment and some for recreational activities.
Loan Proposal
My next loan will be used to upgrade and improve the internet in the cyber.I want to buy new and better router and switch to handle the increased demand for services in the cyber.I also wish to increase the internet speed from 1mb to 5mb capacity.The higher bandwidth will be used to cater for customers who need government online services that use websites that are congested and are generally slow.Fast internet is a concern for anyone using a computer or even a mobile phone and thus having fast internet is a major selling point for any cyber cafe.
About Me
I was born and raised around Nakuru town in the rift valley province of Kenya.I have a degree in education from Moi university in Kenya.
After my college education I could not get formal employment and had to work as a 'matatu ' driver ferrying passengers from one town to another for two years.
I used the little amount of money that I had saved plus some more which I was loaned by a relative to start my business.
My country Kenya has extraordinary beauty both in terms geography and contrasting cultures from 42 diverse tribes.Its a choice destination for many tourists from all over the world.
I have a son who wishes to take up my hobby in computers and software as his future professional job.
My Business
I have a cyber cafe and small retail shop that deals in electronic accessories.
The cyber cafe caters for the people who need fast internet services especially for government services accessed through the internet e.g the e-citizen website.
The retail shop sells small accessories such as phone chargers and batteries to people on transit through the town.
I like the my business as it augments my hobby in computers
On average my monthly costs range from ksh 20000 to ksh 30000 while revenues range from ksh 40000 to ksh 60000.
The proceeds from the ventures are used for household needs,school fees ,investment and some for recreational activities.
Loan Proposal
My next loan will be used to upgrade and improve the internet in the cyber.I want to buy new and better router and switch to handle the increased demand for services in the cyber.I also wish to increase the internet speed from 1mb to 5mb capacity.The higher bandwidth will be used to cater for customers who need government online services that use websites that are congested and are generally slow.Fast internet is a concern for anyone using a computer or even a mobile phone and thus having fast internet is a major selling point for any cyber cafe.
Feedback
Positive
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$160.00
Date disbursed
Dec 16, 2016
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
San Francisco, Netherlands
United States
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Summary
Amount repaid
$159.88
Amount remaining
$0.00
Date repaid
Feb 27, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Dec 24, 2016 | $15.11 | Dec 24, 2016 | $15.11 |
| Dec 31, 2016 | $15.11 | Dec 31, 2016 | $15.11 |
| Jan 7, 2017 | $15.11 | Jan 7, 2017 | $15.11 |
| Jan 14, 2017 | $15.11 | Jan 14, 2017 | $15.11 |
| Jan 21, 2017 | $15.11 | Jan 21, 2017 | $15.11 |
| Jan 28, 2017 | $15.11 | Jan 28, 2017 | $15.11 |
| Feb 4, 2017 | $15.11 | Feb 4, 2017 | $15.11 |
| Feb 11, 2017 | $15.11 | Feb 11, 2017 | $15.11 |
| Feb 18, 2017 | $15.11 | Feb 11, 2017 | $5.04 |
| Feb 18, 2017 | $10.07 | ||
| Feb 25, 2017 | $15.11 | Feb 18, 2017 | $10.07 |
| Feb 25, 2017 | $5.04 | ||
| Mar 4, 2017 | $8.78 | Feb 25, 2017 | $3.75 |
| Feb 27, 2017 | $5.04 | ||
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nicole Apr 26, 2018
John Njoroge May 22, 2018
nicole Oct 9, 2017
nicole May 27, 2017
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