Cyber cafe

Micah

Bomet, Kenya

100% repaid

Entrepreneur

Name

Micah

Member since

February 2016

On-time repayments

100 installments  •  40%

About Me

I was born on 25th December 1990 at a village called makimeny, Chepalungu Districh Bomet county. I went to kabema primary school before joining mengwet secondary school, I later joined Egerton University where I persued Bachelor of commerce accounting option and graduated in the year 2014. I am currently an employee of FEP Sacco society limited working as a loans officer. During my time in campus, I used to do online jobs like writing business proposals, KRA pin application among others so as to pay my rent and other household expenses whereby my parents struggled to pay my school fees. The kind of life that I experienced in campus has enabled me to know the importance of improving my own business. The kind of activities that takes place in my area is mostly farming and i considered venturing into this business since very it is a niche market and it has been my success.

My Business

I started my business of supplying several items to several institutions as well as operating a cyber cafe. I supply the county Government of Bomet with food stuff like milk, meat, bread among other commodities. I chose this kind of business because it did not required much capital as I could take the goods on credit and pay later. I get a net profit of approximately Ksh. 2000 in a day . I use my profit to grow/expand my business.

Loan Proposal

I will buy more stock for instance printing papers and photocopying papers worth $ 30 which will enable me to serve more customers and eventually get more profits.This will double up the profits

Feedback

1

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Loan Info

Project Type

Classic Loan

Disbursed amount

$40.00

Date disbursed

Jan 2, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

F

flaguy999

Tampa, United States

Christopher Hey

Sudbury, Canada

Shane Bugeja

Mankato, Minnesota, United States

M

Mark

Toulouse, France, France

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$39.97

Amount remaining

$0.00

Date repaid

Feb 10, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jan 13, 2017 $7.05 Jan 21, 2017 $7.05
Jan 20, 2017 $7.05 Feb 3, 2017 $7.05
Jan 27, 2017 $7.05 Feb 3, 2017 $7.05
Feb 3, 2017 $7.05 Feb 7, 2017 $7.05
Feb 10, 2017 $7.05 Feb 7, 2017 $7.05
Feb 17, 2017 $4.71 Feb 10, 2017 $4.71

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