Buy an extra computer for my cyber cafe
Michael
Nairobi, Kenya
22% repaid
Entrepreneur
Name
Michael
Member since
January 2015
On-time repayments
87 installments • 13%
About Me
I am a 24 years old. Young and ambitious. After my secondary education i started small scale farming by keeping chicken, selling eggs and farming perishable goods because our land is fertile and selling at a profit to earn a living out of it. The profits i got from poultry farming, I paid for my studies and obtained a computer certificate. In 2013, I started a Cyber café in Utawala zebra estate and the business has been doing well. The customers I support do not go to town anymore because my services are very reliable. When I am not working, I make research on better ways to improve my business.
My Business
My business i started after my secondary education a small scale farming by keeping chicken, selling eggs and farming perishable goods because our land is fertile and selling at a profit to earn a living out of it. I saved USD 200 and paid for my computer education because this has always been my dream. My Cyber café business offers services like photocopy, printing, internet browsing, type-setting, scanning, document bidding and lamination. I also sell IT accessories like Flash drives, CDs, DVDs and memory cards. After costs (rent and Electricity, I make approx. USD 170 as profits. I believe if I got funded I'd buy more computers to cater for more customers hence my revenue would be higher.
Loan Proposal
Hi Lenders,
Kindly fund my loan so that i may expand my Cyber Café business. The demand for my services is very high and I don't have enough computers so customers spend longer time waiting for a free computer. With enough computers, I am positive my revenues will increase from USD 160 to USD 300 or even more. I will use part of the money to repay my loan and the rest to expand my business empire.
Thank you and God bless.
Kind Regards,
Mike Nthigah
Feedback
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jan 23, 2015
Repayment status
Late
Projected term
20 months
Lenders
Post Falls, United States
Summary
Amount repaid
$24.16
Amount remaining
$85.49
Expected completion
Oct 9, 2016
Status
Repaying late
Installment amount
$1.12
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 1, 2015 | $10.11 | Feb 1, 2015 | $10.11 |
| Feb 8, 2015 | $0.56 | Feb 1, 2015 | $0.56 |
| Feb 15, 2015 | $2.25 | Feb 9, 2015 | $2.25 |
| Feb 22, 2015 | $2.25 | Feb 23, 2015 | $2.13 |
| Mar 1, 2015 | $0.11 | ||
| Mar 1, 2015 | $2.25 | Mar 1, 2015 | $2.25 |
| Mar 8, 2015 | $0.00 | ||
| Mar 15, 2015 | $0.00 | ||
| Mar 22, 2015 | $1.12 | Mar 18, 2015 | $1.12 |
| Mar 29, 2015 | $1.12 | Apr 2, 2015 | $1.12 |
| Apr 5, 2015 | $1.12 | Apr 2, 2015 | $1.12 |
| Apr 12, 2015 | $1.12 | Apr 2, 2015 | $1.12 |
| Apr 19, 2015 | $1.12 | Apr 2, 2015 | $1.12 |
| Apr 26, 2015 | $1.12 | Apr 2, 2015 | $1.12 |
| May 3, 2015 | $1.12 | ||
| May 10, 2015 | $1.12 | ||
| May 17, 2015 | $1.12 | ||
| May 24, 2015 | $1.12 | ||
| May 31, 2015 | $1.12 | ||
| Jun 7, 2015 | $1.12 | ||
| Jun 14, 2015 | $1.12 | ||
| Jun 21, 2015 | $1.12 | ||
| Jun 28, 2015 | $1.12 | ||
| Jul 5, 2015 | $1.12 | ||
| Jul 12, 2015 | $1.12 | ||
| Jul 19, 2015 | $1.12 | ||
| Jul 26, 2015 | $1.12 | ||
| Aug 2, 2015 | $1.12 | ||
| Aug 9, 2015 | $1.12 | ||
| Aug 16, 2015 | $1.12 | ||
| Aug 23, 2015 | $1.12 | ||
| Aug 30, 2015 | $1.12 | ||
| Sep 6, 2015 | $1.12 | ||
| Sep 13, 2015 | $1.12 | ||
| Sep 20, 2015 | $1.12 | ||
| Sep 27, 2015 | $1.12 | ||
| Oct 4, 2015 | $1.12 | ||
| Oct 11, 2015 | $1.12 | ||
| Oct 18, 2015 | $1.12 | ||
| Oct 25, 2015 | $1.12 | ||
| Nov 1, 2015 | $1.12 | ||
| Nov 8, 2015 | $1.12 | ||
| Nov 15, 2015 | $1.12 | ||
| Nov 22, 2015 | $1.12 | ||
| Nov 29, 2015 | $1.12 | ||
| Dec 6, 2015 | $1.12 | ||
| Dec 13, 2015 | $1.12 | ||
| Dec 20, 2015 | $1.12 | ||
| Dec 27, 2015 | $1.12 | ||
| Jan 3, 2016 | $1.12 | ||
| Jan 10, 2016 | $1.12 | ||
| Jan 17, 2016 | $1.12 | ||
| Jan 24, 2016 | $1.12 | ||
| Jan 31, 2016 | $1.12 | ||
| Feb 7, 2016 | $1.12 | ||
| Feb 14, 2016 | $1.12 | ||
| Feb 21, 2016 | $1.12 | ||
| Feb 28, 2016 | $1.12 | ||
| Mar 6, 2016 | $1.12 | ||
| Mar 13, 2016 | $1.12 | ||
| Mar 20, 2016 | $1.12 | ||
| Mar 27, 2016 | $1.12 | ||
| Apr 3, 2016 | $1.12 | ||
| Apr 10, 2016 | $1.12 | ||
| Apr 17, 2016 | $1.12 | ||
| Apr 24, 2016 | $1.12 | ||
| May 1, 2016 | $1.12 | ||
| May 8, 2016 | $1.12 | ||
| May 15, 2016 | $1.12 | ||
| May 22, 2016 | $1.12 | ||
| May 29, 2016 | $1.12 | ||
| Jun 5, 2016 | $1.12 | ||
| Jun 12, 2016 | $1.12 | ||
| Jun 19, 2016 | $1.12 | ||
| Jun 26, 2016 | $1.12 | ||
| Jul 3, 2016 | $1.12 | ||
| Jul 10, 2016 | $1.12 | ||
| Jul 17, 2016 | $1.12 | ||
| Jul 24, 2016 | $1.12 | ||
| Jul 31, 2016 | $1.12 | ||
| Aug 7, 2016 | $1.12 | ||
| Aug 14, 2016 | $1.12 | ||
| Aug 21, 2016 | $1.12 | ||
| Aug 28, 2016 | $1.12 | ||
| Sep 4, 2016 | $1.12 | ||
| Sep 11, 2016 | $1.12 | ||
| Sep 18, 2016 | $1.12 | ||
| Sep 25, 2016 | $1.12 | ||
| Oct 2, 2016 | $1.12 | ||
| Oct 9, 2016 | $1.22 | ||
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