Computer accessories

Oscar Ngolo

Itumbu, Kenya

3% repaid

Entrepreneur

Name

Oscar Ngolo

Member since

July 2014

On-time repayments

17 installments  •  0%

About Me

I started my cyber cafe business with a year ago with three computers and a printer. With the income gained from it i bought two more computers adding to five computers. I have been raised from a simple background family who supported me when i finished high school 3 years ago and i couldn't go to university due to lack of school fees. I invested in business since that will be the source of my university fees and i really work hard to make myself reach my set target. With my business am able to up keep my family by providing their needs like food. I like most of the time reading.

My Business

The source of the income is my business. With my cyber cafe i interact with different people in our town who appreciate my services and the spread all over my good conduct as a young business man making everyone who hears that comes to my enterprise and i serve them as per to their demand. The business is profitable since we have a few people running the same business in our town and the demand for it is very high. The only problem is security in our town is not that pleasant hence i employed someone who can watch over my goods at night to avoid things like theft. In a month i can raise 126 Us dollar.

Loan Proposal

Hi, once again.

I want to thank you for enabling me to be in this place. I want to make my new and second time application for my loan funds and i really need all of you to believe in me and make your own contribution towards my loan funds. I want to assure you that i am able to repay the loan disbursed into my account without fail and in time. This time round i want you people to be serious and facilitate my business which i run and manage everyday. I will be the most grateful person for your great contribution and concern.

The loan amount i have been granted to propose today is Kshs. 8,773/= and i will use the loan funds to buy the following items with;

1. 8 optical pieces of mouse for Kshs. 2,400/= (USD 21.26)
2. 2 Pcs of Usb keyboards for Kshs. 1,000/= (USD 8.86)
3. 7 reams of photocopying papers for Kshs. 2,800/= (USD 24.81)
4. 2 ream of laminating papers for Kshs. 1400/= (USD 12.40)

I will be happy for your contribution towards my loan funds. Good day.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.18

Date disbursed

Dec 28, 2014

Repayment status

Late

Projected term

3 months

Cost to entrepreneur

Lender interest: $100.18 at 7.09% annual rate over 3 months = $2.32

Service fee: $1.21

Lenders

Zidisha

Sterling, United States

Matching Fund

Sterling, United States

J

JacobvdW

Netherlands

S

spivurno

United States

S

simonista

United States

J

JessicaAna

Maputo, United States

KM

Kirsty M

United Kingdom

S

Steve

United States

Cathy

Melbourne, Australia

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Oscar a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...