Buy refurbished computers for my business

Peter Odongo

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Peter Odongo

Member since

August 2015

On-time repayments

273 installments  •  86%

About Me

Life hasn't been easy for me since childhood as I did loose my parents at a young age when I was 4 and 6 year s old thats my father was the first then mom later.I have lived with well wishers who took me in for the better part of my early life but life took a bad turn when all the help was stopped by my guardian he decide to concentrate on his family because he had no more cash to support me and my siblings.This affected my education as I had to resit my kcpe in 2003 because there was no money to take me to high school.I made it,to high school the following year but I later dropped out as it was hard for me,to cop up.I came to Nairobi to look for my sister but ended up looking for construction work I knew all was lost but God heard my prayer thats when I met another friend Reagan who taught me computers after a short while he sponsered me to go back to school in 2011 which I took but it was never easy but God saw me through with a C+ inKCSE 2013 at the age of 25. Reagan saw in me what I couldn't even see myself the brain to grasp in class even after 7 years the last time I touched books my goal was to go to high school and I made it but I had to sit with students younger than me.I was a dad they were not I had to stoop low to fit this made me a laughing stock They laughed at me but I made it through.i made them understand that life is all about giving yourself to what you believe in. Due to my efforts to get educated am the most educated in our family and still want to go far .i still want to go on to university but I cant . Before going back to school I knew I had left a family back my wife and two beautiful kids I need to take care of them.I would want my children to never have to endure what I went through and I can only do that if am financial stable.when am not busy thinking about life I love playing soccer and am also good at it

My Business

Am employed with a minimum salary of 260 dollars and this together with my small business I intend to expand and make a bigger impact. This year though it has been hard to make it business wise I managed to get a good performance of my agriculture project of which am waiting to harvest in due time. I shifted to agriculture because it provides a better ready market . Kenya generally consumes maize meal as the most preferred food .The market is vibrant but I intend to store my produce and supply to schools early next year.

Loan Proposal

This loan is part of my ambition to buy computers with high specification suitable for gaming. Considering that a new computer cost much I will go for refurbished one which will cost me less than a new one. The following is a brake down on how this loan will be spent:
1. Buy two refurbished computers which will cost $97 each. This are cpu only monitor not included.

This is a very big step at reducing the number of incidents of kids endulging in bad behaviours it like making a safer community by engaging young mind into something not harmful considering that where I come from a surrounded by ghettos and much happens.

On personal level profits will double that's from 30% to 60% keeping in mind that it's holiday season compared toto depending on evening and weekend only. The best thing about this is that if not in use for games this new machines will be used to access the Internet or typesetting for my customers I consider this a milestone depending on customers.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$199.04

Date disbursed

Nov 18, 2015

Repayment status

On Time

Projected term

8 months

Cost to entrepreneur

Service fee: $8.26

Lenders

D

dkapplerb

Toronto, Canada

JonasG

Cologne, Germany

AdamP

Sunnyvale, United States

DeanDropshot

Oslo, Norway

ScottSavage

Las Vegas, NV, United States

HansLindgren

Uppsala, Sweden

HE

help each other

Glasgow, United Kingdom

F

fisaire

Ithaca, United States

G

grahamfamily

Guildford, United Kingdom

T

tonilends

catalonia is not:, Spain

S

SeanWolfPack

Raleigh, United States

D

Dadiolafs

Vestmannaeyjar, Iceland

P

penguin3694

Chicago, United States

M

mmcclu111

San Francisco, United States

Bhayl

Stavanger, Norway

M

mkellerman

Shanghai, China

J

Jopar

Corroios, Portugal

panamaman

Philadelphia, United States

fairspirit

Utrecht, Netherlands

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Longhorn

Austin, United States

gseletko

South Perth, Australia

mohita

delhi, India

Lambie

Perth, Australia

tonnyschonewille

Maastricht, Netherlands

Matthieu

Switzerland, France

H

harrymore

Townsville, Australia

xtrahardware

Cazenovia, United States

M

Mountainmanduy

San Jose, United States

TuveTheDog

Helsinki, Finland

DJBic

Clinton, United States

HealthcareProvider

Baltimore, United States

H

Haavard

Bergen, Norway

G

GanSatya

United States

sderickson

Berkeley, CA, United States

O

oonbug

United States

H

HoseB

San Francisco, United States

Matching Fund

Sterling, United States

M

microlender

United States

D

dcravenus

United States

R

Rootdet

Fairfax, United States

ColinHicks

Chichester, United Kingdom

ScholaNatura

Czech Republic

L

lenders

United States

S

spivurno

United States

M

meric

Australia

S

science4sail

United States

S

SimonAngus

South Africa

bcortazar

Peckville, United States

Pankratio

EastVan, Canada

M

marcof

Netherlands

A

ajayhk

San Jose, United States

J

jbhernan

United States

mepster

San Francisco, Ca, United States

M

madeleinec

United States

A

Arkad

United States

A

AlphaAres

Azerbaijan

G

GDean

United States

D

DStateDDB

United States

J

jdelaporte

United States

Roy

Espoo, Finland

JC

juli camrud

United States

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