Buying of 3 more powerful computers

Nicholas Oloo

Eldoret, Kenya

61% repaid

Entrepreneur

Name

Nicholas Oloo

Member since

December 2015

On-time repayments

132 installments  •  62%

About Me

Am called Nicholas Oloo I was born in the year 1946 in Siaya County in Nyanza Province in the republic of Kenya.
I started schooling in the year 1954 in Primary to to the year 1960 in Ulumbi .
Then between the year 1961 to 1965 High School in Old Kampala Secondary School in Uganda,then between the year 1966 to 1968 Joined Uganda Commercial college I took sales and marketing in Diploma level.
After working for 10 years after gaining the experience for all those years and saved some money ,I began my own business.
The Unique thing in my land am coming from is that when you are educated you are expected to provide for all your relative and all your extended relatives.
All my children are grown up and 4 of them are teachers 2 of them are businessmen .
My main hobby is Jogging, singing for I am a clergy, I serve in Church pert time as a Pastor.

My Business

I provide internet , printing, biding ,lamination and photocopy services for my customers in Eldoret town.
This services is in great demand because there are many colleges around this town and the of these services is in demand among the students.
I chose this kind of business because I learn t the business management in my School as a profession .
my typical cost is 45,000KES.
I use my profit I get from my business as follows.
1.Reinvestment in growing the business is 5,000KES.
2.Home improvement is 30,000KES.
3.Keeping my grand children is 5,000KWS.
4.Church activities is 3,000KES
and I still expect to grow and grow in the near future.

Loan Proposal

When you consider my application and give again another loan then I will be able to buy 3 more powerful computers at the cost of $300 US..
When we implement this then we will be to employ 2 more young people in to our Cybercafe and thus creating job for them and we will get more tenders and earns more money for us and the family.
I know when this is implemented then this business will grow by 50% this very year.
Thanks in advance for considering to fund me again.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$300.00

Date disbursed

Jul 1, 2019

Repayment status

Late

Projected term

2 months

Cost to entrepreneur

Service fee: $13.29

Credit risk payment: $34.55

Lenders

HE

help each other

Glasgow, United Kingdom

Sundstroms

Falun, Sweden

ElWal

Kirn, Germany

ads68

Melbourne, Australia

IM

Isak Maaseide

Tromso, Norway, Norway

ShaneS

Port Pirie, Australia

dlpringle

Denver, United States

G

GoughGirl

Washington, Dc, United States

M

Marko

Helsinki, Finland

B

bugdaniel

Switzerland

Laparo

Dusseldorf, Germany

Steve

United States

J

jdelaporte

United States

M

mbarbier

United States

Franmiguel

Perth, Australia

Cristina Huesch

Canberra, Australia, Australia

MR

Michiel Rauws

San Francisco, Netherlands

H

Harry

Florida, United States

I

Irene

Switzerland

Carlo Cruz

Cincinnati, OH, United States

Sinan Taifour

Munich, Germany, Germany

Ren

Minneapolis/StPaul, United States

LS

Leah Stemeroff

Toronto, Canada, Canada

Vratik Krocik

Prague, Czech Republic

Emily

San Francisco, United States

JH

Joseph Hwang

Houston, United States

BS

Brooke Schreier Ganz

Mill Valley, California, United States

EL

Ellen Longley

United States

B

Ben

United States

Magnus Palmgren

Gothenburg, Sweden

I

Ivan

New York, United States

EA

Eric Ayers

Atlanta, United States

EB

Evan Batten

United States

KA

Kate and Tom

United States

DK

David Kirsch

United States

BS

Brendan Scanlon

Troy, United States

Michael Winter

Hessisch Oldendorf OT Rumbeck, Germany

CE

Christopher Engleright

Stafford, United States

C

Camm

Australia

Michael Knight

Sydney, Australia

RB

Randee Bowder

United States

Philippe Nadouce

London, United Kingdom

Andrew

United States

B

Bram

Germany

Nathan

Columbus, United States

R

Roman

Germany

RS

Ralph Smyth

United Kingdom

United Kingdom

NB

Nikolaus Bührer

Karlsruhe, Germany

CA

Chad Aboud

Toronto, Canada

Angela Chu

Toronto, Canada

E

eoghan

Switzerland

E

Eduardo

Paraguay

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