New gaming console for my gaming parlor

Mathews

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Mathews

Member since

December 2017

On-time repayments

42 installments  •  55%

About Me

I am Mechanical engineering student with passion for technology and bringing new technology to people who are lack the funds for buying and experiencing technology .I am a multidisciplinary person in finance,technology, accounting and philosophy.I am always actively researching and learning new skills.I am passionate about the disruption of technology to the echo chamber,such as bitcoin and quantum computing.I want to offer normal people the chance to experience technology.

My Business

My business is an entertainment parlor, offering a gaming experience to students.My business is near a university in which students make the largest market share.I choose this business because am very passionate about technology.My typical cost are $17.45(p.m) in electricity bill,$100(p.m) in rental space and $20(p.m) in maintenance of the gaming facility.The total cost is$137.45 per month.My income per day is $10.For 30 days it amounts to $300(minus$137.45),$162.55 in profit.I use the profit mainly to grow the business.

Loan Proposal

I will improve my business by acquiring new gaming consoles for my gaming parlor in order to improve customers experience .With the loan i will look for the most cost effective consoles and durability as an objective. The improvement to the gaming experience will help me gain and retain clients

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$31.00

Date disbursed

Jan 21, 2019

Repayment status

On Time

Projected term

5 weeks

Lenders

Tim

Utrecht, Netherlands

DH

David Hopkins

United States

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