I will buy more computers expanding my business

John

Nairobi, Kenya

18% repaid

Entrepreneur

Name

John

Member since

November 2013

On-time repayments

89 installments  •  9%

About Me

i am a hardworking computer seller situated in juja near jomo kenyatta university of agriculture and technology. i am a degree holder of information technology with honor of second class upper division. i started the computer business after seeing the large number of students joining campus and they all needed to buy computers for their studies. right now my business is small and the profits i get i plough them back to my business. i am very well conversant with technology and i hope that i will combine my proffesional skills and my business to change the world of technology.

My Business

i will use my profits gained from the business to pay for my loan. also i am a part time teacher at a local college and i will also use my salary to help repay for the loan. my business deals with the sales of computers including laptops,desktops,printers and other accesories. my business is profitable because i interact well with my customers hence they tend to trust me more. also they prefer my products because they are cheap and of best quality. my business faces alot of challenges and risks like the competition in the market for computer sales is higher because the IT field is getting flooded. i incur monthly costs of about ksh.50,000 and the revenue and profits amount to about ksh. 80,000. i will use the loan to invest in my business.

Loan Proposal

Thank you for giving me the three previous loans. my business has tremendously thrived. i do wish to request for a fourth loan of $200 that i will use to expand my business. i plan to buy more networking cables that have risen so much in demand and more spare parts of the laptops because laptops that need to be repaired are many in my store and i am lacking funds to purchase more expensive parts like screens, adapters and keyboards. i will be thankful if you will please lend me that loan. May God bless you for your continued support in helping us make it big in life from our humble beginnings. hoping for a loan from you dear lenders. warm regards

Feedback

3

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$172.00

Date disbursed

Mar 24, 2014

Repayment status

Late

Projected term

20 months

Lenders

M

Mårten

Inden, Switzerland

IM

Isak Maaseide

Tromso, Norway, Norway

KrautFunding

Hamburg, Germany

J

jammy

United Kingdom

N

niksiv

United Kingdom

J

jcmfl

United States

Ask John a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Summary

Amount repaid

$35.29

Amount remaining

$159.52

Expected completion

Nov 16, 2015

Status

Repaying late

Installment amount

$2.35

Repayment History

Expected Payments Actual Payments
Mar 31, 2014 $0.00
Apr 7, 2014 $0.00
Apr 14, 2014 $0.00
Apr 21, 2014 $2.35 Apr 24, 2014 $2.35
Apr 28, 2014 $2.35 Apr 24, 2014 $2.35
May 5, 2014 $2.35 May 22, 2014 $2.35
May 12, 2014 $2.35 May 22, 2014 $2.35
May 19, 2014 $2.35 Jun 10, 2014 $2.35
May 26, 2014 $2.35 Jun 10, 2014 $2.35
Jun 2, 2014 $2.35 Jun 10, 2014 $1.18
Jul 24, 2014 $1.18
Jun 9, 2014 $2.35 Jul 24, 2014 $2.35
Jun 16, 2014 $2.35 Jul 24, 2014 $2.35
Jun 23, 2014 $2.35 Jul 24, 2014 $2.35
Jun 30, 2014 $2.35 Aug 19, 2014 $2.35
Jul 7, 2014 $2.35 Aug 19, 2014 $2.35
Jul 14, 2014 $2.35 Aug 19, 2014 $2.35
Jul 21, 2014 $2.35 Aug 19, 2014 $2.35
Jul 28, 2014 $2.35 Aug 19, 2014 $2.35
Aug 4, 2014 $2.35
Aug 11, 2014 $2.35
Aug 18, 2014 $2.35
Aug 25, 2014 $2.35
Sep 1, 2014 $2.35
Sep 8, 2014 $2.35
Sep 15, 2014 $2.35
Sep 22, 2014 $2.35
Sep 29, 2014 $2.35
Oct 6, 2014 $2.35
Oct 13, 2014 $2.35
Oct 20, 2014 $2.35
Oct 27, 2014 $2.35
Nov 3, 2014 $2.35
Nov 10, 2014 $2.35
Nov 17, 2014 $2.35
Nov 24, 2014 $2.35
Dec 1, 2014 $2.35
Dec 8, 2014 $2.35
Dec 15, 2014 $2.35
Dec 22, 2014 $2.35
Dec 29, 2014 $2.35
Jan 5, 2015 $2.35
Jan 12, 2015 $2.35
Jan 19, 2015 $2.35
Jan 26, 2015 $2.35
Feb 2, 2015 $2.35
Feb 9, 2015 $2.35
Feb 16, 2015 $2.35
Feb 23, 2015 $2.35
Mar 2, 2015 $2.35
Mar 9, 2015 $2.35
Mar 16, 2015 $2.35
Mar 23, 2015 $2.35
Mar 30, 2015 $2.35
Apr 6, 2015 $2.35
Apr 13, 2015 $2.35
Apr 20, 2015 $2.35
Apr 27, 2015 $2.35
May 4, 2015 $2.35
May 11, 2015 $2.35
May 18, 2015 $2.35
May 25, 2015 $2.35
Jun 1, 2015 $2.35
Jun 8, 2015 $2.35
Jun 15, 2015 $2.35
Jun 22, 2015 $2.35
Jun 29, 2015 $2.35
Jul 6, 2015 $2.35
Jul 13, 2015 $2.35
Jul 20, 2015 $2.35
Jul 27, 2015 $2.35
Aug 3, 2015 $2.35
Aug 10, 2015 $2.35
Aug 17, 2015 $2.35
Aug 24, 2015 $2.35
Aug 31, 2015 $2.35
Sep 7, 2015 $2.35
Sep 14, 2015 $2.35
Sep 21, 2015 $2.35
Sep 28, 2015 $2.35
Oct 5, 2015 $2.35
Oct 12, 2015 $2.35
Oct 19, 2015 $2.35
Oct 26, 2015 $2.35
Nov 2, 2015 $2.35
Nov 9, 2015 $2.35
Nov 16, 2015 $1.87

Loading...