Add more computers to my cybercafe

Maxwell Kemboi

Kaloleni-nairobi, Kenya

8% repaid

Entrepreneur

Name

Maxwell Kemboi

Member since

May 2017

On-time repayments

177 installments  •  49%

About Me

Iam a young industrious and hardworking upcoming entrepreneur and professional, having come from a humble background. In my early years of education I used to struggle a lot as we could help our parents to till the little piece of land we had to makes our ends meet .Sometimes we could work in tea plantations so that we could have our daily meal and to add to this challenges our father used to drink so he could sell the little property we owned and the food we gathered to quench his alcohol thirst but I was able to sail through to high school with the support from my hardworking mother and bursaries from mp.Afterwards I passingy exams and was privileged to join University through Government sponsorship. After university I was not able to secure a job which forced me look for other alternatives that is when I started to venture into business.

My Business

When I was not able to secure a job opportunity after university I started a small scale business of selling honey and used to work as casual labor at local company.The main challenge i s that honey selling is seasonal and hence revenue comes seasonally. I have also ventured into small scale farming and it has started to pic though it needs more farm inputs in order to realize higher profits.Amidst this I starter a cyber café which has become a more income generating business though I now want to expand and start another one in the remote home place where people take 7km inorder to get a cyber hence capitalizing on the market

Loan Proposal

I want to purchase two desktop and add more furniture due to limited space currently . College students have resumed school and we have started to experience congestion and alot of work since the start of the week hence more space and desktops are required

Income Source

We are going to peak season of students printing and browsing due to exam times also I have honey selling business and to crown it all I am also working in Paint industry

Feedback

1

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Loan Info

Project Type

Classic Loan

Disbursed amount

$233.82

Date disbursed

Mar 5, 2021

Repayment status

Late

Projected term

3 months

Cost to entrepreneur

Service fee: $10.95

Credit risk payment: $37.25

Optional expediting fee: $21.92

Lenders

mtnsailor

Harrisonburg, United States

JFais

Atlanta, United States

B

bscent

Hong Kong

Mimobo

Schwäbisch Gmünd, Germany, Germany

S

Sven

Netherlands

MW

Matt Willis

United States

KL

Ket Lin

United States

Paul Buchheit

Mountain View, United States

Peter Collins

Darmstadt, Germany

SF

Snow Family

United States

W

Wim

Deventer, Netherlands

B

Berend

Netherlands

A

Anonymous

United States

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Summary

Amount repaid

$17.72

Amount remaining

$216.10

Expected completion

Jun 26, 2021

Status

Repaying late

Installment amount

$9.99

Repayment History

Expected Payments Actual Payments
Mar 13, 2021 $9.99 Mar 27, 2021 $8.86
Apr 23, 2021 $1.13
Mar 20, 2021 $9.99 Apr 23, 2021 $7.73
Mar 27, 2021 $9.99
Apr 3, 2021 $19.49
Apr 10, 2021 $19.49
Apr 17, 2021 $19.49
Apr 24, 2021 $19.49
May 1, 2021 $19.49
May 8, 2021 $19.49
May 15, 2021 $9.75
May 22, 2021 $9.75
May 29, 2021 $9.75
Jun 5, 2021 $9.75
Jun 12, 2021 $19.49
Jun 19, 2021 $19.49
Jun 26, 2021 $8.92

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