James
Mirema, Kenya
100% repaid
Name
James
Member since
April 2016
On-time repayments
43 installments • 33%
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.
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.
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%.
Positive
None
Neutral
None
Negative
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Project Type
Classic Loan
Disbursed amount
$11.00
Date disbursed
Oct 21, 2017
Repayment status
On Time
Projected term
2 weeks
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