Installation of internet services & purchase of electronics
Sylvester
Tassia Embakasi, Kenya
63% repaid
Entrepreneur
Name
Sylvester
Member since
February 2015
On-time repayments
148 installments • 32%
About Me
i was born in nairobi,went to st dominic primary school then to kangundo high school and then latter to kenya methodist university.searched for a job for 3 years without any success. after that started a clothing shop didnt work, after that started selling shoes but not profitable.After trying different business without success i was introduced to entertainment business(movie shop) by my friend which picked positively and showed potential of becoming a big business in future.Capital has become a major challenge because nobody i know has the capacity to fund me.Iam positive minded ,hardworking.
My Business
my business is in the entertainment industry which is a wide and most fast growing industry in Kenya.I run a movie shop.I also do photocopying,printing and scanning. This business targets both young and old.My typical costs are licenses,electricity bills, rent ,maintenance of equipment and stock.To pay for my school fees and child, rent ,family expenses .
Loan Proposal
Installation of internet services will be done by Zuku which is an international internet service provider company.
The cost of the installation plus one month fee will be $69.
The remaining $310 will be used to expand the business by purchasing electronic stocks(Hard Disk,Flash Disk,DVD drives and DVD Cleaners).
The cost of the stock is as follows:
1Pc-1TB @ 68=$68
1Pc-500gb @49=$49
7Pc-4gb @2.7=$18.9
5Pc-8gb @3.4=$17
[email protected]=$34
[email protected]=$25.4
[email protected]=$31.2
5Pc-DVD Cleaners @0.9=$4.5
4Pc -Computer DVD Drives @15.5=$62
Through the internet customers will be able to make orders and purchases online and the goods will be delivered to their door steps.This will make the business to run more efficiently, make it easier for the customer to do purchases and communication will be made easier and cheap.
In the recent market customers are preferring soft copy rather than hard copy because its cheap, portable and easy to edit data that is why I am investing in portable external storage devices.
In the recent years in Africa people are buying more computer than in the previous years this is because they have become affordable and that is why I am investing in computer drives because they need to be replaced occasionally.
Sales and profit are expected to raise by 30% when the above project is implemented.
After the injection of more cash input not only will the project make easily and available the goods to the general society, but it will also provide an employment opportunity to a jobless youth
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$386.00
Date disbursed
Jan 27, 2016
Repayment status
Late
Projected term
30 months
Other loans
Lenders
I want my "My loans" page back, Qatar
Jake Gibson and Beverly Picardo
San Francisco, United States
Summary
Amount repaid
$254.00
Amount remaining
$152.34
Expected completion
Jul 22, 2018
Status
Repaying late
Installment amount
$2.00
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 7, 2016 | $10.00 | Feb 8, 2016 | $10.00 |
| Feb 14, 2016 | $10.00 | Feb 15, 2016 | $10.00 |
| Feb 21, 2016 | $10.00 | Feb 22, 2016 | $10.00 |
| Feb 28, 2016 | $10.00 | Feb 29, 2016 | $10.00 |
| Mar 6, 2016 | $10.00 | Mar 7, 2016 | $10.00 |
| Mar 13, 2016 | $10.00 | Mar 14, 2016 | $10.00 |
| Mar 20, 2016 | $10.00 | Mar 22, 2016 | $10.00 |
| Mar 27, 2016 | $10.00 | Mar 30, 2016 | $10.00 |
| Apr 3, 2016 | $10.00 | Apr 7, 2016 | $10.00 |
| Apr 10, 2016 | $10.00 | Apr 12, 2016 | $10.00 |
| Apr 17, 2016 | $10.00 | Apr 20, 2016 | $10.00 |
| Apr 24, 2016 | $10.00 | Apr 25, 2016 | $10.00 |
| May 1, 2016 | $10.00 | May 16, 2016 | $10.00 |
| May 8, 2016 | $10.00 | May 16, 2016 | $10.00 |
| May 15, 2016 | $0.00 | ||
| May 22, 2016 | $0.00 | ||
| May 29, 2016 | $0.00 | ||
| Jun 5, 2016 | $5.00 | Jun 9, 2016 | $5.00 |
| Jun 12, 2016 | $5.00 | Jun 9, 2016 | $5.00 |
| Jun 19, 2016 | $5.00 | Jun 9, 2016 | $5.00 |
| Jun 26, 2016 | $5.00 | Jun 9, 2016 | $5.00 |
| Jul 3, 2016 | $5.00 | Jun 9, 2016 | $5.00 |
| Jul 10, 2016 | $5.00 | Jun 9, 2016 | $5.00 |
| Jul 17, 2016 | $5.00 | Jun 9, 2016 | $5.00 |
| Jul 24, 2016 | $5.00 | Jul 26, 2016 | $5.00 |
| Jul 31, 2016 | $5.00 | Aug 2, 2016 | $5.00 |
| Aug 7, 2016 | $5.00 | Aug 9, 2016 | $5.00 |
| Aug 14, 2016 | $5.00 | Aug 16, 2016 | $5.00 |
| Aug 21, 2016 | $5.00 | Aug 24, 2016 | $5.00 |
| Aug 28, 2016 | $5.00 | Sep 14, 2016 | $5.00 |
| Sep 4, 2016 | $5.00 | Sep 21, 2016 | $5.00 |
| Sep 11, 2016 | $5.00 | Sep 21, 2016 | $5.00 |
| Sep 18, 2016 | $5.00 | Oct 11, 2016 | $5.00 |
| Sep 25, 2016 | $5.00 | Oct 11, 2016 | $5.00 |
| Oct 2, 2016 | $5.00 | Oct 31, 2016 | $5.00 |
| Oct 9, 2016 | $5.00 | Nov 10, 2016 | $5.00 |
| Oct 16, 2016 | $5.00 | Nov 10, 2016 | $5.00 |
| Oct 23, 2016 | $0.00 | ||
| Oct 30, 2016 | $0.00 | ||
| Nov 6, 2016 | $0.00 | ||
| Nov 13, 2016 | $0.00 | ||
| Nov 20, 2016 | $0.00 | ||
| Nov 27, 2016 | $0.00 | ||
| Dec 4, 2016 | $0.00 | ||
| Dec 11, 2016 | $0.00 | ||
| Dec 18, 2016 | $2.00 | Dec 19, 2016 | $2.00 |
| Dec 25, 2016 | $2.00 | Jan 5, 2017 | $2.00 |
| Jan 1, 2017 | $2.00 | Jan 22, 2017 | $2.00 |
| Jan 8, 2017 | $2.00 | Feb 3, 2017 | $2.00 |
| Jan 15, 2017 | $2.00 | Feb 16, 2017 | $2.00 |
| Jan 22, 2017 | $2.00 | Feb 18, 2017 | $2.00 |
| Jan 29, 2017 | $2.00 | Mar 1, 2017 | $2.00 |
| Feb 5, 2017 | $2.00 | ||
| Feb 12, 2017 | $2.00 | ||
| Feb 19, 2017 | $2.00 | ||
| Feb 26, 2017 | $2.00 | ||
| Mar 5, 2017 | $2.00 | ||
| Mar 12, 2017 | $2.00 | ||
| Mar 19, 2017 | $2.00 | ||
| Mar 26, 2017 | $2.00 | ||
| Apr 2, 2017 | $2.00 | ||
| Apr 9, 2017 | $2.00 | ||
| Apr 16, 2017 | $2.00 | ||
| Apr 23, 2017 | $2.00 | ||
| Apr 30, 2017 | $2.00 | ||
| May 7, 2017 | $2.00 | ||
| May 14, 2017 | $2.00 | ||
| May 21, 2017 | $2.00 | ||
| May 28, 2017 | $2.00 | ||
| Jun 4, 2017 | $2.00 | ||
| Jun 11, 2017 | $2.00 | ||
| Jun 18, 2017 | $2.00 | ||
| Jun 25, 2017 | $2.00 | ||
| Jul 2, 2017 | $2.00 | ||
| Jul 9, 2017 | $2.00 | ||
| Jul 16, 2017 | $2.00 | ||
| Jul 23, 2017 | $2.00 | ||
| Jul 30, 2017 | $2.00 | ||
| Aug 6, 2017 | $2.00 | ||
| Aug 13, 2017 | $2.00 | ||
| Aug 20, 2017 | $2.00 | ||
| Aug 27, 2017 | $2.00 | ||
| Sep 3, 2017 | $2.00 | ||
| Sep 10, 2017 | $2.00 | ||
| Sep 17, 2017 | $2.00 | ||
| Sep 24, 2017 | $2.00 | ||
| Oct 1, 2017 | $2.00 | ||
| Oct 8, 2017 | $2.00 | ||
| Oct 15, 2017 | $2.00 | ||
| Oct 22, 2017 | $2.00 | ||
| Oct 29, 2017 | $2.00 | ||
| Nov 5, 2017 | $2.00 | ||
| Nov 12, 2017 | $2.00 | ||
| Nov 19, 2017 | $2.00 | ||
| Nov 26, 2017 | $2.00 | ||
| Dec 3, 2017 | $2.00 | ||
| Dec 10, 2017 | $2.00 | ||
| Dec 17, 2017 | $2.00 | ||
| Dec 24, 2017 | $2.00 | ||
| Dec 31, 2017 | $2.00 | ||
| Jan 7, 2018 | $2.00 | ||
| Jan 14, 2018 | $2.00 | ||
| Jan 21, 2018 | $2.00 | ||
| Jan 28, 2018 | $2.00 | ||
| Feb 4, 2018 | $2.00 | ||
| Feb 11, 2018 | $2.00 | ||
| Feb 18, 2018 | $2.00 | ||
| Feb 25, 2018 | $2.00 | ||
| Mar 4, 2018 | $2.00 | ||
| Mar 11, 2018 | $2.00 | ||
| Mar 18, 2018 | $2.00 | ||
| Mar 25, 2018 | $2.00 | ||
| Apr 1, 2018 | $2.00 | ||
| Apr 8, 2018 | $2.00 | ||
| Apr 15, 2018 | $2.00 | ||
| Apr 22, 2018 | $2.00 | ||
| Apr 29, 2018 | $2.00 | ||
| May 6, 2018 | $2.00 | ||
| May 13, 2018 | $2.00 | ||
| May 20, 2018 | $2.00 | ||
| May 27, 2018 | $2.00 | ||
| Jun 3, 2018 | $2.00 | ||
| Jun 10, 2018 | $2.00 | ||
| Jun 17, 2018 | $2.00 | ||
| Jun 24, 2018 | $2.00 | ||
| Jul 1, 2018 | $2.00 | ||
| Jul 8, 2018 | $2.00 | ||
| Jul 15, 2018 | $2.00 | ||
| Jul 22, 2018 | $0.34 | ||
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