Financing internet and a cpu for desk top computer

Martin

Nairobi, Kenya

44% repaid

Entrepreneur

Name

Martin

Member since

August 2015

On-time repayments

183 installments  •  17%

About Me

As a first born in a family of six, my life was more than one would expect from a child my age. At only ten years my parents considered me on my decision on some of the pertinent family matters. My parents wanted what is best for me as a grew up. When I was in form four, it was unfortunate that my school undergone a series of strikes that affected my grades. Letting down my parents was the last thing I had ever thought of. Therefore, I looked for a school to resit my national exams where I passed and cleared their disappointment. I developed the sense of responsibility since then and this has remained my character. The trait has helped me in my daily undertakings in my business and my entire life. It has helped me to start a business and maintain it. I am now an independent man due to the things that I learn and developed as I was growing up.

My Business

Freelancing has been my source of my daily bread for a while now. I have been writing academic papers for my clients though locally. Many of my clients are referrals as a result of good work that I deliver to my clients. There is a huge demand for writing these days; whether academic or blogging to article writing. Due to this demand, I have ventured the online writing which is paying well. My vision is to open a firm based on youth mentor-ship programmes. This way, I will create employment to many jobless young people. Therefore, what I am doing now is setting up a foundation for growth and development of the business to greater height. And surely, that is my passion; create a source of livelihood for other others as I also grow financially and economically.

Loan Proposal

Zidisha has been a blessing to me and I would like to say I have seen positive returns on my business as a result of the previous loan advanced to me. Currently, I am seeking a loan to improve my business more by installing a unlimited internet connection and purchase a better performing desktop computer. Currently, I use a broadband modem which is becoming expensive to maintain in terms of monthly expense. Using the broadband modem I spend more than $45 in a month. With the access to unlimited internet I will service the bill with $30. The new development will save me $15 which is a great relieve for the business. Apart from this, I will have unlimited internet, and high surfing speed as a result of a high performance desktop computers. With the the developments the issue of slow down time with be past tense, hence improving work efficiency.
The project will cost a total of $184. Therefore, I am requesting a loan of $147 while the remaining amount of $37 will be financed by way of disposing the old slow computer I am using now. The money will be spent for the following:
i) 2GB RAM, 520 HHD, 3.0 GHz CPU = $120
ii) Internet connection and deposit amount = $64
Total amount of the project =$184.
I am looking forward to scale my business to greater heights courtesy of the lenders and the entire Zidisha fraternity.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Nov 26, 2015

Repayment status

Late

Projected term

40 months

Other loans

Lenders

PG

Paul Graham

United States

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Summary

Amount repaid

$70.00

Amount remaining

$87.68

Expected completion

Apr 7, 2019

Status

Repaying late

Installment amount

$1.00

Repayment History

Expected Payments Actual Payments
Dec 6, 2015 $10.00 Dec 4, 2015 $10.00
Dec 13, 2015 $5.00 Dec 13, 2015 $5.00
Dec 20, 2015 $10.00 Dec 21, 2015 $10.00
Dec 27, 2015 $5.00 Dec 21, 2015 $5.00
Jan 3, 2016 $1.00 Jan 3, 2016 $1.00
Jan 10, 2016 $1.00 Jan 11, 2016 $1.00
Jan 17, 2016 $1.00 Jan 17, 2016 $1.00
Jan 24, 2016 $1.00 Jan 25, 2016 $1.00
Jan 31, 2016 $1.00 Feb 2, 2016 $1.00
Feb 7, 2016 $3.00 Feb 8, 2016 $1.00
Feb 16, 2016 $1.00
Feb 22, 2016 $1.00
Feb 14, 2016 $0.00
Feb 21, 2016 $0.00
Feb 28, 2016 $0.00
Mar 6, 2016 $1.00 Mar 2, 2016 $1.00
Mar 13, 2016 $1.00 Mar 2, 2016 $1.00
Mar 20, 2016 $1.00 Mar 2, 2016 $1.00
Mar 27, 2016 $1.00 Mar 29, 2016 $1.00
Apr 3, 2016 $1.00 Apr 18, 2016 $1.00
Apr 10, 2016 $1.00 Apr 18, 2016 $1.00
Apr 17, 2016 $1.00 Apr 18, 2016 $1.00
Apr 24, 2016 $1.00 Jun 30, 2016 $1.00
May 1, 2016 $1.00 Jun 30, 2016 $1.00
May 8, 2016 $0.00
May 15, 2016 $0.00
May 22, 2016 $0.00
May 29, 2016 $0.00
Jun 5, 2016 $0.00
Jun 12, 2016 $0.00
Jun 19, 2016 $0.00
Jun 26, 2016 $0.00
Jul 3, 2016 $0.00
Jul 10, 2016 $1.00 Aug 19, 2016 $1.00
Jul 17, 2016 $0.00
Jul 24, 2016 $0.00
Jul 31, 2016 $0.00
Aug 7, 2016 $0.00
Aug 14, 2016 $0.00
Aug 21, 2016 $0.00
Aug 28, 2016 $1.00 Sep 15, 2016 $1.00
Sep 4, 2016 $0.00
Sep 11, 2016 $0.00
Sep 18, 2016 $1.00 Sep 27, 2016 $1.00
Sep 25, 2016 $0.00
Oct 2, 2016 $0.00
Oct 9, 2016 $0.00
Oct 16, 2016 $0.00
Oct 23, 2016 $1.00 Nov 6, 2016 $1.00
Oct 30, 2016 $1.00 Nov 6, 2016 $1.00
Nov 6, 2016 $1.00 Nov 6, 2016 $1.00
Nov 13, 2016 $2.00 Dec 3, 2016 $2.00
Nov 20, 2016 $2.00 Dec 12, 2016 $2.00
Nov 27, 2016 $2.00 Dec 12, 2016 $2.00
Dec 4, 2016 $0.00
Dec 11, 2016 $0.00
Dec 18, 2016 $0.00
Dec 25, 2016 $0.00
Jan 1, 2017 $0.00
Jan 8, 2017 $0.00
Jan 15, 2017 $0.00
Jan 22, 2017 $0.00
Jan 29, 2017 $0.00
Feb 5, 2017 $0.00
Feb 12, 2017 $0.00
Feb 19, 2017 $1.00 Mar 1, 2017 $1.00
Feb 26, 2017 $1.00 Mar 21, 2017 $1.00
Mar 5, 2017 $1.00 Mar 21, 2017 $1.00
Mar 12, 2017 $1.00 Mar 21, 2017 $1.00
Mar 19, 2017 $1.00 Apr 12, 2017 $1.00
Mar 26, 2017 $1.00 Apr 12, 2017 $1.00
Apr 2, 2017 $1.00 May 9, 2017 $1.00
Apr 9, 2017 $1.00 May 9, 2017 $1.00
Apr 16, 2017 $1.00 May 15, 2017 $1.00
Apr 23, 2017 $1.00 Jun 9, 2017 $1.00
Apr 30, 2017 $1.00 Jun 9, 2017 $1.00
May 7, 2017 $0.00
May 14, 2017 $0.00
May 21, 2017 $0.00
May 28, 2017 $0.00
Jun 4, 2017 $0.00
Jun 11, 2017 $0.00
Jun 18, 2017 $0.00
Jun 25, 2017 $0.00
Jul 2, 2017 $0.00
Jul 9, 2017 $0.00
Jul 16, 2017 $0.00
Jul 23, 2017 $0.00
Jul 30, 2017 $0.00
Aug 6, 2017 $1.00
Aug 13, 2017 $1.00
Aug 20, 2017 $1.00
Aug 27, 2017 $1.00
Sep 3, 2017 $1.00
Sep 10, 2017 $1.00
Sep 17, 2017 $1.00
Sep 24, 2017 $1.00
Oct 1, 2017 $1.00
Oct 8, 2017 $1.00
Oct 15, 2017 $1.00
Oct 22, 2017 $1.00
Oct 29, 2017 $1.00
Nov 5, 2017 $1.00
Nov 12, 2017 $1.00
Nov 19, 2017 $1.00
Nov 26, 2017 $1.00
Dec 3, 2017 $1.00
Dec 10, 2017 $1.00
Dec 17, 2017 $1.00
Dec 24, 2017 $1.00
Dec 31, 2017 $1.00
Jan 7, 2018 $1.00
Jan 14, 2018 $1.00
Jan 21, 2018 $1.00
Jan 28, 2018 $1.00
Feb 4, 2018 $1.00
Feb 11, 2018 $1.00
Feb 18, 2018 $1.00
Feb 25, 2018 $1.00
Mar 4, 2018 $1.00
Mar 11, 2018 $1.00
Mar 18, 2018 $1.00
Mar 25, 2018 $1.00
Apr 1, 2018 $1.00
Apr 8, 2018 $1.00
Apr 15, 2018 $1.00
Apr 22, 2018 $1.00
Apr 29, 2018 $1.00
May 6, 2018 $1.00
May 13, 2018 $1.00
May 20, 2018 $1.00
May 27, 2018 $1.00
Jun 3, 2018 $1.00
Jun 10, 2018 $1.00
Jun 17, 2018 $1.00
Jun 24, 2018 $1.00
Jul 1, 2018 $1.00
Jul 8, 2018 $1.00
Jul 15, 2018 $1.00
Jul 22, 2018 $1.00
Jul 29, 2018 $1.00
Aug 5, 2018 $1.00
Aug 12, 2018 $1.00
Aug 19, 2018 $1.00
Aug 26, 2018 $1.00
Sep 2, 2018 $1.00
Sep 9, 2018 $1.00
Sep 16, 2018 $1.00
Sep 23, 2018 $1.00
Sep 30, 2018 $1.00
Oct 7, 2018 $1.00
Oct 14, 2018 $1.00
Oct 21, 2018 $1.00
Oct 28, 2018 $1.00
Nov 4, 2018 $1.00
Nov 11, 2018 $1.00
Nov 18, 2018 $1.00
Nov 25, 2018 $1.00
Dec 2, 2018 $1.00
Dec 9, 2018 $1.00
Dec 16, 2018 $1.00
Dec 23, 2018 $1.00
Dec 30, 2018 $1.00
Jan 6, 2019 $1.00
Jan 13, 2019 $1.00
Jan 20, 2019 $1.00
Jan 27, 2019 $1.00
Feb 3, 2019 $1.00
Feb 10, 2019 $1.00
Feb 17, 2019 $1.00
Feb 24, 2019 $1.00
Mar 3, 2019 $1.00
Mar 10, 2019 $1.00
Mar 17, 2019 $1.00
Mar 24, 2019 $1.00
Mar 31, 2019 $1.00
Apr 7, 2019 $0.68

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