Buy furniture and rent an office for meeting with clients

James

Mirema, Kenya

100% repaid

Entrepreneur

Name

James

Member since

April 2016

On-time repayments

43 installments  •  33%

About Me

I am owner of an information Technology company. I started the company in year 2013. Software installation and error troubleshooting was where I started from. As time went by I saw a niche in offering small trainings to individuals who were anxious to get computer literacy. I am thrilled to journey on and finally thrive as a fully fledged company offering all services needed by customer in regard to IT.

My Business

Generally, I have two income sources. First, I work as a landlords caretaker where I get some money that help me to sustain the business. The core idea is to step up with IT company from one level to another. The other revenue stream is of course my IT company. I do training to individuals to ensure skill they get from there can enable them to do some little jobs that can sustain them financially to essentially pay house rent and place food on their table. My clients pay before I start training them. This way I am able to gain economic value for my service.

Loan Proposal

Details of how to utilize the loan
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Open office partitioned desk ---- $100
One table----------------------------- $40
6 seats --------------------------------$30
2 month office rent------------------$300
One month rent deposit ----------- $15
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Total Amount: $620
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The benefit include being at a convenient location to clients hence tapping and closing more businesses. Finally, the profit margin expected is 30%.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$11.00

Date disbursed

Oct 21, 2017

Repayment status

On Time

Projected term

2 weeks

Lenders

Paul Buchheit

Mountain View, United States

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