Idf fees

Sheldon

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Sheldon

Member since

September 2015

On-time repayments

182 installments  •  53%

About Me

I grew up in a middle class family that highly valued education so my parents prioritized fees in their budgets to make sure I was never chased out of school in my entire school life.
I made a decision to start business after being employed for 5 years after learning how companies operate.
Kenyan culture is a unique one due to determination and undying spirit my fellow countrymen possess in everything they persue.
Unique hobby I have is playing table tennis in my free time.

My Business

My business involves supply and consultacy of wireless networking equipment,surveillance cameras and Internet related services.
Internet services are high in demand as most businesses run their day to day operations online hence they are somehow inevitable.
I chose this business because I have a passion in offering technological solutions and I dont struggle learning new techniques.
Typical costs are purchasing inventory,shipping and customs fees.
Most of the profit we reinvest back to business.

Loan Proposal

I will use the above loan to pay Import Declaration Form fees around 90$
This will benefit us in clearing some goods held at the port in time for us to deliver upcoming projects to our clients
We expect profit margins of between 25-35%

Feedback

4

None

None

  • Peter Waldie    Mar 27, 2018

    Sheldon paid back his loan fully and on time. I will lend to his project again in the future, and encourage other lenders to do the same.

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  • camilberlin    Mar 19, 2017

    Paid back full and on time, and let us know how he is doing. Recommended !

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Oct 2, 2015

Repayment status

On Time

Projected term

6 weeks

Lenders

C

chrishol

United States

mepster

San Francisco, Ca, United States

PG

Paul Graham

United States

Akirahugo

Dortmund, Germany

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

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  • Sheldon    May 23, 2023

    I will buy all fencing materials and thanks all for fast backing at speed of lightning our project will proceed without any delays.It will help solve insecurity problems I have encountered recently

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  • Sheldon    May 23, 2023

    Thanks to all backers we intend to fence our piece of land to protect our valuable crops from intruders stray animals

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  • Sheldon    Nov 14, 2022

    unforseen cash flow delays impairments but hopefully before end of this week I could unlock a sizeable chunk

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  • Sheldon    Oct 23, 2022

    I would like to change installment due unforseen circumstances

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  • Sheldon    Sep 23, 2022

    Thanks for speeding up this project it will help combat climate change head on

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  • Robert L    Sep 22, 2022

    Good luck with the project!

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  • Zachary    Sep 21, 2022

    Put the pump to maximum use and you'll never regret it

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  • Mary    Sep 21, 2022

    Work hard

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  • Antony    Sep 20, 2022

    All dreams are valid

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  • Eyal Wormser    Sep 19, 2022

    Best of luck in your ventures.

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  • Sheldon    Sep 19, 2022

    Bee hive setup complete I expect first harvest in 6 months

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  • Sheldon    Jul 20, 2019

    The payments I am expecting will delay for few weeks

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  • Sheldon    May 28, 2019

    I am experiencing delayed payments but clients have promised to pay asap

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  • Sheldon    Apr 9, 2019

    One of my payments has delayed and hence I wish to reduce installment for a few weeks

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  • Sheldon    Feb 15, 2019

    I would like to reduce amount as clients are paying slowly by slowly

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  • Sheldon    Jan 8, 2019

    Kindly allow reduction of installment as new year records slow sales but I hope thing will pick up in subsequent months

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  • Sheldon    Dec 16, 2018

    Hi kindly give me two days I will clear this due installment as some cheques are clearing this week apologies for inconvenience on my end

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  • Sheldon    Nov 14, 2018

    I would like to reduce my installment as my incoming payments have delayed thus cash flow crisis has prolonged but hope to get back to schedule as soon as things return normal

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  • Sheldon    Oct 11, 2018

    I apologize for rescheduling loan repayments due to unforeseen circumstances that have come up that I didn't anticipate. Business has continued to be extremely sluggish hence low daily sales in turn affecting my earlier projection plans. I am optimistic thing will improve so that I can increase installments

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