Fund to Purchase Laptop

Simon Njugu

Mukuyu, Murang'a, Kenya

10% repaid

Entrepreneur

Name

Simon Njugu

Member since

October 2013

On-time repayments

153 installments  •  29%

About Me

I am Simon Wambugu Njugu, a moblie technicial in mukuyu area in Muranga, I am a graduate of arts and have a lot of passion on mobile technology. I deal with mobile software repair and upgrading. i love my job as in this field there are no many specialist on computerized mobile repair. I also operate an Mpesa shop alongside the the phone repair. the mpesa helps to market my phone repair shop and the phone repair also markets the mpesa, therefore the two are interdependent. it is in this business that my wife works and we get enough income to sustain my family of two children and one wife. am determined to grow this business and expand it to other areas as well as training for unemployed youth.

My Business

I operate a mobile repair shop. i have specialized on software repair and have acquired two computers and flash boxes to help me improve on service delivery. this is the major business of the shop but on the sideline I also operate an Mpesa shop, under this I sell airtime, register lines, sell lines and some memory cards. I have a gross capital of about three hundred thousands which includes two laptop computers, two flash boxes and a mobile phone that the mpesa runs on. the there is market for my services as competition in the area is not stiff.I can afford to service a loan with up to 5000 per month as premium without compromising the current level of consumption

Loan Proposal

Hi Lenders
I am back again requesting you to fund purchasing a laptop. I have been doing freelance writing with a friend using my desktop which is inconveniencing me and my clients, now that I am done with course work for my masters, I want to go online freelancing full length and to start with I have an online account. The season will be starting soon and I want to have my laptop to be able to move within the university comfortable with my laptop and freelance as I do my masters project. I look forward to your funding.
Thank you in advance.

Kind Regards
Simon Njugu

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$283.26

Date disbursed

Feb 2, 2015

Repayment status

Late

Projected term

24 months

Cost to entrepreneur

Lender interest: $283.26 at 5.16% annual rate over 24 months = $30.32

Service fee: $21.96

Lenders

C

CWS

Huntington beach, ca, United States

H

Hilke

Bremen, Germany

zebby24

Ft.myers, United States

Ishaque

New Jersey, United States

J

johan

Oslo, Norway

P

Peter

München, Germany

torelizer

Reggio Emilia, Italy

Y

yop324

Ottawa, Canada

P

Philippe

Adliswil, Switzerland

BelleStarr

Albuquerque, United States

K

KakkoiiCali

Anaheim, United States

J

Jmay2133

Fremont, United States

Joellen

Boulder, United States

L

lmuenchen

Munich, Germany

A

andyfletcher

I want my "My loans" page back, Qatar

C

ColinPlatt

Montgomery Village, United States

Johnny

shanghai, China

I

ideerge

Mountain View, United States

EHTHighSchool

Egg Harbor Township, United States

Straetman

Kaarst, Germany

J

jozua

Delft, Netherlands

K

Kerkeslager

Richmond, United States

F

flowerbells

Portland, Oregon, United States

H

Hynek

Brussels, Belgium

C

chelseab

Oklahoma City, United States

ZlataRoy

Cheltenham, United Kingdom

S

SamTom

Carindale, Australia

Zidisha

Sterling, United States

BJ

Brandon Joz

North Carolina, United States

Jeff and Marcie

Portland, OR, United States

RockinRobin

Centennial CO, United States

MichaelR

Los Angeles, United States

C

CheesemanDan

Shanghai, China

Krtecek

Balzers, Liechtenstein

Crestwood

Hamburg, Germany

P

proby24

Singapore, Singapore

T

tmsaddress

Orlando, Florida, United States

indeh

London, United Kingdom

M

Michi

Switzerland

joshuacollinson

Vienna, Austria

K

KiraDee

United States

B

BigRosie

United States

Dave Bogard

New York, United States

Robert

Sweden

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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