Entrepreneur
Name
Kennedy
Member since
August 2014
On-time repayments
39 installments • 59%
About Me
I am kenedy Ochieng origa aged 35 years.I'm christian brought up in nyakach lower division,Gem Rae sub location.with diploma in information Technology.I run a small cybercafe in kayole.I started this business so that I can take care of myself and that of my family.Have purchased ten computers and one printer since I started this business,have also managed to pay school fee for my Daughter who is in class one currently with money got from the cyber.My hobbies are:listening to music and watching football
My Business
I Will pay the loan with money collected from the cyber on a daily basis.My services to my customers are internet services,Printing,Photocopy,and typing.There is demand for my services because there are a lot of customers around my place of business since my cyber is the only cyber in that area.I offer better services than my competitors who are also far away from where I work.My business faces a common risk of insecurity, but that one has been properly dealt with.I need the second loan to buy two computers costing $306 to allow me get more profit of $70 per month.Have been using the profit to pay school fees to my children's I also managed to add a printer with part of the interest,.My typical Monthly income is USD560.My monthly expenses is USD380.
Loan Proposal
I will use the loan plus some profit saved to buy two computers that wiil cost $352,This will allow my profit to increase with $70 per month.It is from this profit that i will pay back the loan with,save the rest of the profit and purchase more computers because I still need like Fifteen computers for my business to succesful.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$142.00
Date disbursed
Mar 20, 2015
Repayment status
Late
Projected term
3 months
Other loans
Lenders
Jake Gibson and Beverly Picardo
San Francisco, United States
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