Loan to expand business located on the Egerton University main campus

Dennis

Nakuru, Kenya

62% repaid

Entrepreneur

Name

Dennis

Member since

January 2014

On-time repayments

265 installments  •  22%

About Me

My name is Dennis Kipchirchir Ingutia,am a Kenyan citizen, I live in Nakuru County
And my occupation is a businessman.
I have a Diploma in Information Technology,I started a business of cyber café where I provide the following services browsing,type setting,printing and photocopying to university students.
If I get the loan I would use it to buy more computers and photocopying machines so as to expand my business and carter for the larger students community in the university.

My Business

My business deals with providing services like browsing the internet,typesetting of Egerton university students documents i.e Assignments and projects,printing and photocopying.
My customers prefer my business because high provide high quality services like printing,also am very competent person because I have trained in Information Communication Technology.The business is profitable because there is a high demand for services and there is break even level.
The risk that faces my business are burglary, data loss occasioned by virus attacks and poor handling of the machines by customers.
Typical monthly costs of operating is usually rent and electricity 4000/=
Maintenance costs 6000/=
Stationery 5000/=
Salaries 10000/= (for two staffs)
Miscellaneous 3000/=
Daily Revenue apprx 1800/= per day
Monthly Revenue is 54000/=
Profit Earned is 54000-28000=26000/= which I intend to repay back the loan

Loan Proposal

First and foremost i intend to do maintenance and upgrading of my computers so that they can perform better.Secondly i will buy ink cartridges for printing and A4 rim papers for printing and photocopying papers.
Also i intend to network my computers using the local area network so as to carter for a bigger number of students and customers when browsing through the internet.This will give me an opportunity to expand my business and to give me good returns on profit thus making me to repay my loan with ease.
since am facing financial constraints by supporting me it will help my business to run smoothly.
Thank you.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Feb 4, 2014

Repayment status

Late

Projected term

63 months

Lenders

Zidisha

Sterling, United States

M

Mårten

Inden, Switzerland

Sarasota

Sarasota, Fl, United States

A

axienjii

Amsterdam, United Kingdom

Matching Fund

Sterling, United States

J

jmwinga

Denver, United States

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Summary

Amount repaid

$143.24

Amount remaining

$88.26

Expected completion

Apr 19, 2019

Status

Repaying late

Installment amount

$1.18

Repayment History

Expected Payments Actual Payments
Feb 14, 2014 $0.00
Feb 21, 2014 $2.35 Mar 7, 2014 $2.35
Feb 28, 2014 $0.00
Mar 7, 2014 $0.00
Mar 15, 2014 $0.00
Mar 22, 2014 $1.18 Mar 26, 2014 $1.18
Mar 29, 2014 $1.18 Apr 2, 2014 $1.18
Apr 5, 2014 $1.18 Apr 9, 2014 $1.18
Apr 12, 2014 $0.00
Apr 19, 2014 $0.00
Apr 26, 2014 $0.00
May 3, 2014 $0.94 May 7, 2014 $0.94
May 10, 2014 $0.00
May 17, 2014 $0.00
May 24, 2014 $0.94 Jun 7, 2014 $0.94
May 31, 2014 $0.94 Jun 20, 2014 $0.94
Jun 7, 2014 $0.94 Jul 8, 2014 $0.94
Jun 14, 2014 $0.00
Jun 21, 2014 $0.00
Jun 28, 2014 $0.00
Jul 5, 2014 $0.00
Jul 12, 2014 $0.00
Jul 19, 2014 $0.94 Jul 23, 2014 $0.94
Jul 26, 2014 $0.94 Jul 26, 2014 $0.94
Aug 2, 2014 $0.94 Jul 26, 2014 $0.94
Aug 9, 2014 $0.94 Aug 26, 2014 $0.94
Aug 16, 2014 $0.00
Aug 23, 2014 $0.00
Aug 30, 2014 $0.00
Sep 6, 2014 $0.88 Sep 10, 2014 $0.88
Sep 13, 2014 $0.88 Sep 17, 2014 $0.88
Sep 20, 2014 $0.00
Sep 27, 2014 $0.00
Oct 4, 2014 $0.88 Oct 8, 2014 $0.88
Oct 11, 2014 $0.88 Oct 8, 2014 $0.06
Oct 21, 2014 $0.82
Oct 18, 2014 $0.88 Oct 21, 2014 $0.35
Nov 8, 2014 $0.53
Oct 25, 2014 $0.88 Nov 8, 2014 $0.41
Nov 24, 2014 $0.47
Nov 1, 2014 $0.88 Nov 24, 2014 $0.71
Dec 5, 2014 $0.18
Nov 7, 2014 $0.88 Dec 5, 2014 $0.88
Nov 14, 2014 $0.88 Dec 5, 2014 $0.12
Dec 25, 2014 $0.76
Nov 21, 2014 $0.88 Dec 25, 2014 $0.41
Dec 30, 2014 $0.47
Nov 28, 2014 $0.71 Dec 30, 2014 $0.71
Dec 5, 2014 $0.00
Dec 12, 2014 $0.00
Dec 19, 2014 $0.00
Dec 26, 2014 $0.00
Jan 2, 2015 $0.00
Jan 9, 2015 $0.00
Jan 16, 2015 $0.00
Jan 23, 2015 $1.18 Jan 23, 2015 $1.18
Jan 30, 2015 $1.18 Feb 1, 2015 $1.18
Feb 6, 2015 $1.18 Feb 7, 2015 $1.18
Feb 13, 2015 $1.18 Feb 14, 2015 $1.18
Feb 20, 2015 $1.18 Feb 22, 2015 $1.18
Feb 27, 2015 $1.18 Mar 2, 2015 $1.18
Mar 6, 2015 $1.18 Mar 5, 2015 $1.18
Mar 13, 2015 $1.18 Mar 13, 2015 $1.18
Mar 20, 2015 $1.18 Mar 20, 2015 $1.18
Mar 27, 2015 $1.18 Apr 1, 2015 $1.18
Apr 3, 2015 $1.18 Apr 9, 2015 $1.18
Apr 10, 2015 $0.00
Apr 17, 2015 $0.00
Apr 24, 2015 $0.00
May 1, 2015 $3.76 May 1, 2015 $3.76
May 8, 2015 $1.18 May 11, 2015 $1.18
May 15, 2015 $1.18 May 30, 2015 $1.18
May 22, 2015 $0.00
May 29, 2015 $0.00
Jun 5, 2015 $0.00
Jun 12, 2015 $0.00
Jun 19, 2015 $1.18 Jun 24, 2015 $1.18
Jun 26, 2015 $1.18 Jul 10, 2015 $1.18
Jul 3, 2015 $1.18 Aug 3, 2015 $1.18
Jul 10, 2015 $0.00
Jul 17, 2015 $0.00
Jul 24, 2015 $0.00
Jul 31, 2015 $0.00
Aug 7, 2015 $0.00
Aug 14, 2015 $2.35 Aug 21, 2015 $2.35
Aug 21, 2015 $0.00
Aug 28, 2015 $1.18 Sep 8, 2015 $1.18
Sep 4, 2015 $0.00
Sep 11, 2015 $0.00
Sep 18, 2015 $0.00
Sep 25, 2015 $0.00
Oct 2, 2015 $1.18 Oct 5, 2015 $1.18
Oct 9, 2015 $1.18 Oct 15, 2015 $1.18
Oct 16, 2015 $0.00
Oct 23, 2015 $0.00
Oct 30, 2015 $1.18 Nov 6, 2015 $1.06
Nov 20, 2015 $0.12
Nov 6, 2015 $1.18 Nov 20, 2015 $1.06
Dec 12, 2015 $0.12
Nov 13, 2015 $1.18 Dec 12, 2015 $1.06
Jan 4, 2016 $0.12
Nov 20, 2015 $1.18 Jan 4, 2016 $1.06
Jan 18, 2016 $0.12
Nov 27, 2015 $1.06 Jan 18, 2016 $1.06
Dec 4, 2015 $0.00
Dec 11, 2015 $0.00
Dec 18, 2015 $0.00
Dec 25, 2015 $0.00
Jan 1, 2016 $0.00
Jan 8, 2016 $0.00
Jan 15, 2016 $0.00
Jan 22, 2016 $0.00
Jan 29, 2016 $1.18 Feb 1, 2016 $1.18
Feb 5, 2016 $1.18 Feb 7, 2016 $1.18
Feb 12, 2016 $0.00
Feb 19, 2016 $1.18 Mar 2, 2016 $1.18
Feb 26, 2016 $1.18 Mar 12, 2016 $1.18
Mar 4, 2016 $1.18 Mar 26, 2016 $1.18
Mar 11, 2016 $1.18 Apr 5, 2016 $1.18
Mar 18, 2016 $0.00
Mar 25, 2016 $0.00
Apr 1, 2016 $0.00
Apr 8, 2016 $0.00
Apr 15, 2016 $0.00
Apr 22, 2016 $1.18 May 7, 2016 $1.18
Apr 29, 2016 $0.00
May 6, 2016 $0.00
May 13, 2016 $1.18 May 19, 2016 $1.18
May 20, 2016 $1.18 May 30, 2016 $1.18
May 27, 2016 $1.18 Jun 8, 2016 $1.18
Jun 3, 2016 $1.18 Jun 14, 2016 $1.18
Jun 10, 2016 $1.18 Jun 23, 2016 $1.18
Jun 17, 2016 $1.18 Jul 1, 2016 $1.18
Jun 24, 2016 $1.18 Jul 7, 2016 $1.18
Jul 1, 2016 $1.18 Jul 14, 2016 $1.18
Jul 8, 2016 $0.00
Jul 15, 2016 $0.00
Jul 22, 2016 $0.00
Jul 29, 2016 $1.76 Jul 28, 2016 $1.76
Aug 5, 2016 $1.18 Aug 11, 2016 $1.18
Aug 12, 2016 $0.00
Aug 19, 2016 $0.00
Aug 26, 2016 $1.18 Sep 2, 2016 $1.18
Sep 2, 2016 $1.18 Sep 8, 2016 $1.18
Sep 9, 2016 $1.18 Sep 18, 2016 $1.12
Sep 26, 2016 $0.06
Sep 16, 2016 $1.18 Sep 26, 2016 $1.12
Oct 6, 2016 $0.06
Sep 23, 2016 $1.18 Oct 6, 2016 $1.12
Oct 18, 2016 $0.06
Sep 30, 2016 $1.18 Oct 18, 2016 $1.12
Nov 3, 2016 $0.06
Oct 7, 2016 $1.18 Nov 3, 2016 $1.12
Nov 14, 2016 $0.06
Oct 14, 2016 $1.12 Nov 14, 2016 $1.12
Oct 21, 2016 $0.00
Oct 28, 2016 $0.00
Nov 4, 2016 $0.00
Nov 11, 2016 $0.00
Nov 18, 2016 $0.00
Nov 25, 2016 $1.18 Dec 2, 2016 $1.18
Dec 2, 2016 $1.18 Dec 8, 2016 $1.18
Dec 9, 2016 $1.18 Dec 16, 2016 $1.18
Dec 16, 2016 $1.18 Dec 23, 2016 $1.18
Dec 23, 2016 $1.18 Jan 2, 2017 $1.18
Dec 30, 2016 $1.18 Jan 8, 2017 $1.18
Jan 6, 2017 $1.18 Jan 13, 2017 $1.18
Jan 13, 2017 $1.18 Jan 26, 2017 $1.18
Jan 20, 2017 $1.18 Feb 3, 2017 $1.18
Jan 27, 2017 $1.18 Feb 10, 2017 $1.18
Feb 3, 2017 $0.82 Feb 18, 2017 $0.82
Feb 10, 2017 $0.00
Feb 17, 2017 $0.00
Feb 24, 2017 $0.00
Mar 3, 2017 $1.18 Mar 4, 2017 $1.18
Mar 10, 2017 $1.18 Mar 11, 2017 $1.18
Mar 17, 2017 $1.18 Mar 20, 2017 $1.18
Mar 24, 2017 $1.18 Mar 25, 2017 $1.18
Mar 31, 2017 $1.18 Apr 5, 2017 $1.18
Apr 7, 2017 $1.18 Apr 17, 2017 $1.18
Apr 14, 2017 $1.18 Apr 25, 2017 $1.18
Apr 21, 2017 $1.18 May 4, 2017 $1.18
Apr 28, 2017 $1.18 May 12, 2017 $1.18
May 5, 2017 $1.18 May 18, 2017 $1.18
May 12, 2017 $1.18 May 26, 2017 $1.18
May 19, 2017 $1.18 May 31, 2017 $1.18
May 26, 2017 $1.18 Jun 6, 2017 $1.18
Jun 2, 2017 $1.18 Jun 15, 2017 $1.18
Jun 9, 2017 $1.18 Jun 15, 2017 $1.18
Jun 16, 2017 $1.18 Jun 27, 2017 $1.18
Jun 23, 2017 $1.18 Jul 15, 2017 $1.18
Jun 30, 2017 $1.18 Jul 31, 2017 $1.18
Jul 7, 2017 $1.18 Aug 12, 2017 $1.18
Jul 14, 2017 $1.18 Aug 28, 2017 $1.18
Jul 21, 2017 $1.18 Aug 31, 2017 $1.18
Jul 28, 2017 $1.18 Sep 12, 2017 $1.18
Aug 4, 2017 $1.18 Sep 18, 2017 $1.18
Aug 11, 2017 $1.18 Sep 18, 2017 $1.18
Aug 18, 2017 $1.18 Sep 21, 2017 $1.18
Aug 25, 2017 $1.18 Oct 19, 2017 $1.18
Sep 1, 2017 $1.18 Oct 26, 2017 $1.18
Sep 8, 2017 $1.18 Nov 8, 2017 $1.18
Sep 15, 2017 $1.18 Nov 9, 2017 $1.18
Sep 22, 2017 $1.18 Nov 20, 2017 $1.18
Sep 29, 2017 $1.18 Nov 22, 2017 $1.18
Oct 6, 2017 $1.18 Dec 15, 2017 $1.18
Oct 13, 2017 $1.18 Dec 22, 2017 $1.18
Oct 20, 2017 $1.18 Dec 29, 2017 $1.18
Oct 27, 2017 $1.18 Jan 21, 2018 $1.18
Nov 3, 2017 $1.18 Feb 2, 2018 $1.18
Nov 10, 2017 $1.18
Nov 17, 2017 $1.18
Nov 24, 2017 $1.18
Dec 1, 2017 $1.18
Dec 8, 2017 $1.18
Dec 15, 2017 $1.18
Dec 22, 2017 $1.18
Dec 29, 2017 $1.18
Jan 5, 2018 $1.18
Jan 12, 2018 $1.18
Jan 19, 2018 $1.18
Jan 26, 2018 $1.18
Feb 2, 2018 $1.18
Feb 9, 2018 $1.18
Feb 16, 2018 $1.18
Feb 23, 2018 $1.18
Mar 2, 2018 $1.18
Mar 9, 2018 $1.18
Mar 16, 2018 $1.18
Mar 23, 2018 $1.18
Mar 30, 2018 $1.18
Apr 6, 2018 $1.18
Apr 13, 2018 $1.18
Apr 20, 2018 $1.18
Apr 27, 2018 $1.18
May 4, 2018 $1.18
May 11, 2018 $1.18
May 18, 2018 $1.18
May 25, 2018 $1.18
Jun 1, 2018 $1.18
Jun 8, 2018 $1.18
Jun 15, 2018 $1.18
Jun 22, 2018 $1.18
Jun 29, 2018 $1.18
Jul 6, 2018 $1.18
Jul 13, 2018 $1.18
Jul 20, 2018 $1.18
Jul 27, 2018 $1.18
Aug 3, 2018 $1.18
Aug 10, 2018 $1.18
Aug 17, 2018 $1.18
Aug 24, 2018 $1.18
Aug 31, 2018 $1.18
Sep 7, 2018 $1.18
Sep 14, 2018 $1.18
Sep 21, 2018 $1.18
Sep 28, 2018 $1.18
Oct 5, 2018 $1.18
Oct 12, 2018 $1.18
Oct 19, 2018 $1.18
Oct 26, 2018 $1.18
Nov 2, 2018 $1.18
Nov 9, 2018 $1.18
Nov 16, 2018 $1.18
Nov 23, 2018 $1.18
Nov 30, 2018 $1.18
Dec 7, 2018 $1.18
Dec 14, 2018 $1.18
Dec 21, 2018 $1.18
Dec 28, 2018 $1.18
Jan 4, 2019 $1.18
Jan 11, 2019 $1.18
Jan 18, 2019 $1.18
Jan 25, 2019 $1.18
Feb 1, 2019 $1.18
Feb 8, 2019 $1.18
Feb 15, 2019 $1.18
Feb 22, 2019 $1.18
Mar 1, 2019 $1.18
Mar 8, 2019 $1.18
Mar 15, 2019 $1.18
Mar 22, 2019 $1.18
Mar 29, 2019 $1.18
Apr 5, 2019 $1.18
Apr 12, 2019 $1.18
Apr 19, 2019 $1.20

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