Buying of lamination machine

Peter

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Peter

Member since

December 2017

On-time repayments

11 installments  •  100%

About Me

Am Peter Njuguna from Nakuru county subukia sub- county Kenya. I studied electrical engineering at Technical University of Kenya and specialized in telecommunications and information engineering. Am now working at Kenya Civil Aviation Authority. I have also been teaching high schools during holidays. I went through Jomo Kenyatta high school where I was among the top students in 2010 and joined campus in 2012.

My Business

I started my cybercafe business in 2013 where I was in campus. The business has been growing every day. I started it as a small cyber until 2016 when I decided to separate the business and open a new branch. I now own two cybercafes one of which I use it as entertainment shop where I sell movies and PC games. The branch I use it on official services, sale of stationeries and computer training.

Loan Proposal

I will use the money to buy a lamination machine which cost Ksh 4500. The machine will help in increasing my income earning from the business since a new way of earning by charging lamination fee of 50 Bob per A4 size document for lamination will be added to the daily cybercafe income. By doing so the business will able to grow at high rate as compared to other days in absence of lamination machine.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$38.00

Date disbursed

Mar 8, 2018

Repayment status

On Time

Projected term

2 weeks

Lenders

cyrus0302

San Francisco, United States

MR

Michiel Rauws

San Francisco, Netherlands

Samuel

Ottawa, Canada, Canada

Paul Buchheit

Mountain View, United States

ER

Ellen Ray

United States

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