Frenas complex business center

Benadette

Bungoma, Kenya

100% repaid

Entrepreneur

Name

Benadette

Member since

November 2017

On-time repayments

29 installments  •  62%

About Me

I am a 30 year old lady with passion in business. I have a bachelors degree in business and employed but besides i still believe in doing Business. in my village there is the urge of making people digitized and that is why opened up a cyber cafe. Here i offer internet services, photocopying, typesetting, laminating and binding. it was one of needs i found out that the people of this place required and could travel long distances for them to get such services. mostly children of village dream of getting employed in big postions such as engineers and pilots but when they grow up there dreams always backfire

My Business

With my cybercafe I offer services such as photocopying, printing, typesetting, laminating, binding, wifi and internet services. we have colleges around and schools in this village but there are no suppliers and so this means my major target are the students and also i supply internet in this institutions. therefore i do make profit from this business which is the main source of income. my costs include administrative costs such as salaries and transportation. and servicing of the computers and operating costs. revenues are collected from each of the services after the service have been offered. this profit majorly is spend in reinvestment and savings.

Loan Proposal

This loan is going to enable me to expand my business by opening another office in another location. I am going to pay house rent for business worth 10 dollars and to employee anew staff who will need training that will cost me 3 dollars. this will help me to target a large population that will make an increase in profits worth 15 dollars. the society will also be able to benefit from this as they will be able to access internet services at an affordable prices with no transportation costs. They will also do away with the analog world to digital world.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$15.00

Date disbursed

Apr 26, 2018

Repayment status

On Time

Projected term

3 months

Lenders

MarktheMormon

Sandy, Utah, United States

F

flaguy999

Tampa, United States

L

Liz

Nowra, Australia

RM

Roddy Murray

United Kingdom

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Summary

Amount repaid

$15.96

Amount remaining

$0.00

Date repaid

May 29, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
May 8, 2018 $0.99 May 7, 2018 $0.99
May 15, 2018 $0.99 May 15, 2018 $0.99
May 22, 2018 $0.99 May 15, 2018 $0.99
May 29, 2018 $0.99 May 29, 2018 $0.99
Jun 5, 2018 $0.99 May 29, 2018 $0.99
Jun 12, 2018 $0.99 May 29, 2018 $0.99
Jun 19, 2018 $0.99 May 29, 2018 $0.99
Jun 26, 2018 $0.99 May 29, 2018 $0.99
Jul 3, 2018 $0.99 May 29, 2018 $0.99
Jul 10, 2018 $0.99 May 29, 2018 $0.99
Jul 17, 2018 $0.99 May 29, 2018 $0.99
Jul 24, 2018 $0.99 May 29, 2018 $0.99
Jul 31, 2018 $0.99 May 29, 2018 $0.99
Aug 7, 2018 $0.99 May 29, 2018 $0.99
Aug 14, 2018 $0.99 May 29, 2018 $0.99
Aug 21, 2018 $0.99 May 29, 2018 $0.99
Aug 28, 2018 $0.20 May 29, 2018 $0.20

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