Buying routers

Ricky

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Ricky

Member since

April 2017

On-time repayments

3 installments  •  67%

About Me

I am Ricky Silas Odhiambo, 38yrs of age, went to sawagongo high school n after passing my exams I had passion for computers, did certification computer applications and passed well the proceeded to diploma course then degree in Information technology. I managed to buy two laptops to start my business as a web developer.

My Business

my source of income is partly from my salary which is about 160k per month and business income around 260k per month from applications n website development. my current plan is to purchase equipment for expansion like web hosting server, monitoring equipment, UPS, internet routers and do some more cable networking within my business premise.

Loan Proposal

I am going to add it to the money which I have saved from the business to purchase more routers to add to my network for better quality n high speed internet. this is going to enable me to do my work much more fast and efficiently without much internet down times which negatively affects my working speed and software product delivery. in the long run this will enable me complete a number of projects within a shorter time which will lead to increased profits over a shorter time frame n also build customer confidence due to my business being reliable n efficient.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$32.00

Date disbursed

Nov 30, 2018

Repayment status

On Time

Projected term

1 week

Lenders

Paul Buchheit

Mountain View, United States

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  • Ricky    May 14, 2023

    This is a small start-up project where I will purchase storage flash disk USB at a lower price and sell them at a standard market price to the University students, with time I plan to grow and aim for a full computer accessories shop.

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  • Ricky    Nov 27, 2018

    Thanks so much Paul for the loan will help me purchase internet routers, this is a boost to my software development carrier

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  • Ricky    Oct 16, 2018

    I used the cash to top up on the cash I had to buy business stock

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  • Ricky    Oct 16, 2018

    the zinc team, San Francisco, United States

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  • Ricky    May 1, 2017

    I got the loan and thanks big time. I was broke n had no money for my daily operations that day.

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