Buying irrigation tools

Francis

Ruaka, Kenya

100% repaid

Entrepreneur

Name

Francis

Member since

September 2013

On-time repayments

39 installments  •  49%

About Me

An IT professional with over 5 years experience in complex & busy IT environments and now working towards becoming an authority in Project Management of Business Systems and IT Service Management. I got thorough knowledge of both hardware and software installation and support. These include:
-Over 5 years experience in support of Servers/Networks/PC hardware and Microsoft & Linux Operating systems .
-Balanced hardware and software training and experience on both MS Windows and Linux platforms
I offer freelance technical and software support to small organizations and also run a cyber cafe and a small stationary shop at the village

My Business

My business is setup is in a small shopping center and comprises of services such as Cyber service and internet solutions printing services, photography, photocopying services and the latest is a movie store, since am the only one offering such services in this shopping center I have no competitor thus making me to have good profits. Typical monthly cost include rent of 40$, electricity bill of 15$, and labor/ wages of 40$. My monthly cost of goods sold is about 250$ and total sales revenue is about 700$. This leaves me with gross profit of about 300$. Apart from this am also venturing in to farming which is in its early stages so far I have onion and water melons which have about two months since plantation and they are doing well

Loan Proposal

am an IT specialist by profession and i have been practicing farming of late as well.. I planted water melons which did very well.. and onions which are still not yet ready for harvest, which is the reason why i need a loan to buy buy; Hose pipes Insecticides,fungicides and fertilizers. I used some of the money which i got from the water melons sale to buy a water pump and expanding the farm hence the expenses were a little bit high but i managed, whats remaining its a hose pipe which will cover the whole farm for easy irrigation.. so i plead with leaders to help me on this

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$148.00

Date disbursed

Aug 14, 2014

Repayment status

On Time

Projected term

2 months

Lenders

frankcalberg

Zürich, Switzerland

IA

Ismini and Jerry

Stamford, USA, United States

Muslim

Riyadh, Saudi Arabia

H

Harmony

Cleveland, United States

M

marymarrs

North Bend, United States

dlpringle

Denver, United States

T

thebonseung

Republic of Korea

Matching Fund

Sterling, United States

D

dk1234

Netherlands

DennisM

Netherlands

P

Prometheus

Duisburg, Germany

M

motivator1117

United States

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Summary

Amount repaid

$151.63

Amount remaining

$0.00

Date repaid

Oct 24, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Aug 22, 2014 $15.16 Aug 22, 2014 $15.16
Aug 29, 2014 $15.16 Aug 30, 2014 $15.16
Sep 5, 2014 $15.16 Sep 8, 2014 $15.16
Sep 12, 2014 $15.16 Nov 3, 2014 $15.16
Sep 19, 2014 $15.16 Nov 3, 2014 $13.91
Oct 24, 2018 $1.26
Sep 26, 2014 $15.16 Oct 24, 2018 $15.16
Oct 3, 2014 $15.16 Oct 24, 2018 $15.16
Oct 10, 2014 $15.16 Oct 24, 2018 $15.16
Oct 17, 2014 $15.16 Oct 24, 2018 $15.16
Oct 24, 2014 $15.16 Oct 24, 2018 $15.16

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