Equipment purchase

Maxwell

Kaloleni-nairobi, Kenya

100% repaid

Entrepreneur

Name

Maxwell

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

Because of the current trend in the market people want a faster internet in order to browse effectively and efficiently so that they can save on time and money so I have seen it good that I need to upgrade my currently used internet connection device to a modern one .The upgrade device will cost 50 us $ hence when this weekend s done I will be able to convince my customers based on better service and hence attract more of them

Feedback

1

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Loan Info

Project Type

Classic Loan

Disbursed amount

$19.00

Date disbursed

Nov 26, 2018

Repayment status

On Time

Projected term

8 months

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$29.27

Amount remaining

$0.00

Date repaid

Jul 17, 2019

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Dec 9, 2018 $4.93 Feb 4, 2019 $4.93
Dec 16, 2018 $0.00
Dec 23, 2018 $0.00
Dec 30, 2018 $0.00
Jan 6, 2019 $0.00
Jan 13, 2019 $0.00
Jan 20, 2019 $0.00
Jan 27, 2019 $0.00
Feb 3, 2019 $0.00
Feb 10, 2019 $0.00
Feb 17, 2019 $2.96 Mar 8, 2019 $2.96
Feb 24, 2019 $0.99 May 3, 2019 $0.99
Mar 3, 2019 $0.00
Mar 10, 2019 $0.00
Mar 17, 2019 $0.00
Mar 24, 2019 $0.00
Mar 31, 2019 $0.00
Apr 7, 2019 $0.00
Apr 14, 2019 $0.00
Apr 21, 2019 $0.00
Apr 28, 2019 $0.00
May 5, 2019 $0.00
May 12, 2019 $2.96 May 30, 2019 $2.96
May 19, 2019 $0.00
May 26, 2019 $0.00
Jun 2, 2019 $0.00
Jun 9, 2019 $0.00
Jun 16, 2019 $0.00
Jun 23, 2019 $0.00
Jun 30, 2019 $0.00
Jul 7, 2019 $0.00
Jul 14, 2019 $0.00
Jul 21, 2019 $2.46 Jul 17, 2019 $2.46
Jul 28, 2019 $2.46 Jul 17, 2019 $2.46
Aug 4, 2019 $5.85 Jul 17, 2019 $5.85
Aug 11, 2019 $5.85 Jul 17, 2019 $5.85
Aug 18, 2019 $0.81 Jul 17, 2019 $0.81

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