Expansion

Willy Maingi

Nakuru Kenya, Kenya

100% repaid

Entrepreneur

Name

Willy Maingi

Member since

July 2012

On-time repayments

22 installments  •  91%

About Me

married with one kid lives within Nakuru runs a small ICT firm also a graduate in bachelors in IT the earnings with the business will help expand the same business and giving back to the community
my dream is to establish a firm which will create job opportunities to suffering youths from joblessness,drug abuse all over Kenya

My Business

our core business we deal with computer sales, accessories, tailor made software's for small organization. the demand arises due to our standard and cost effectiveness pocket friendly to some of those who cant afford off-shelf software's from leading company as Microsoft and the rest with good capital it can be a profitable business because we will develop software for corporate clients en also supplying the giants companies the risks involved is the rate which technology is changing so it means we have to keep on reading and acquiring new technology monthly cost can b between Kshs100000 to 200000 total sales can be between Kshs250000-300000 with a profit of between kshs75000-90000 but deduct expenses office rent,electricity, and wages i get a net profit of Kshs45000-60000

Loan Proposal

Will buy a sewing machine

Feedback

3

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$443.44

Date disbursed

Nov 13, 2018

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: $18.69

Credit risk payment: $112.11

Lenders

Cloudways

Malta, Malta

Mike and Jacqui

United Kingdom

A

Andrei

United States

I

isaac

United Kingdom

Diane U

Olympia, Wa, Usa, United States

KA

Kate and Tom

United States

Andrew

United States

RS

Ralph Smyth

United Kingdom

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