Computer to boost my business

James Ogero

Ruiru Hilton Centre House No 5 Kenya, Kenya

100% repaid

Entrepreneur

Name

James Ogero

Member since

May 2014

On-time repayments

289 installments  •  70%

About Me

I, james orobo ogero born and brought up in 1984 in kericho county.after the post election violence in2007-2008 i became one of the IDP's in kenya and later moved to ruiru town and began a cyber cafe which i,m runing up to date.also i,m running a small knitting sweaters business.i,m a kenyan professional, diploma holder in purchasing and supplies management
i decided to begin the business in order to carter for my family since i,m a family man of four l.e wife and two children.during my free time i like reading and mostly through the net in order to be more intelligent

My Business

from my cybercafe i do offer various services to my clients who range from students, teachers and various professionals from around the town and companies surrounding.also do supply sweaters to various schools around customers prefer my business considering the humble and standard way i do hundle them my business is profitable since it feeds the family and the surplus i get from it enlivens the business.due to advancement in technology competition is obvious around therefore if funded i will ensure that i increase the business in all sectors in order to be of a standard class than the rest in the vicinity.i will strongly invest the funds in the business.

Loan Proposal

Iam james orobo ogero born and brought up in 1984 in kericho county.after the post election violence in2007-2008 i became one of the IDP's in kenya and later moved to ruiru town and began a small cyber cafe with the few coins i had saved which i,m runing up to date.
It is through this business that i feed my family, educate my kids and cater for all their needs. I would kindly request for a loan to enable me add a computer that will make me work efficiently. I will repay the loan from the profits i get from the business,since my total revenue per month is estimated at USD780, and my total labour cost to a person i have employed is USD60, rent charges is estimated at USD85, power charges is estimated at USD30 thus i get a net profit of USD605.thus do request a loan worth USD150 and i intend to pay USD12.85 per week. thanks.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.33

Date disbursed

Jul 9, 2014

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Lender interest: $150.33 at 8.83% annual rate over 3 months = $3.32

Service fee: $1.35

Lenders

J

jeffb

United States

G

GalantnostS

Hong Kong, Hong Kong

valentin

Stockholm, Sweden

S

stroll

Stockholm, Sweden

M

m_dennis

Toronto, Canada

postnihilist

Honolulu, United States

M

mkellerman

Shanghai, China

Bobrm2k3

Charleston, United States

Sarasota

Sarasota, Fl, United States

pvilliger

Zurich, Switzerland

Matching Fund

Sterling, United States

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