Entrepreneur
Name
Boniface
Member since
March 2015
On-time repayments
180 installments • 52%
About Me
I was born in a typical rural Kenyan village where young people are unable to access information due to lack of computers and internet.I schooled in a day school which was six kilometers away from home.Every morning my schedule involved waking up at four in the morning and walking to school.I would imagine a world where young people from my village would be able to access information and be able to create wealth from their ideas without having to move to the city.
I was brought up in crippling poverty and one of my desires was to see young people in my village empowered economically to take charge of their lives and come out of hopelessness.I have mobilized young people who have formed groups and have been able to save money and started micro-business such as selling drinks,snacks and food in the village.Empowering these young people has been so inspiring.
I worked in a part time and saved money to register my business to be able to access formal business such as special government procurement for young people.I used to travel long distances to access internet to be able to access this information.
I really would like to help young people to be able to access information to help build their small business.
Unique business opportunities exist in my village due to a young educated population and increasing need for use of information communication technologies in virtually all business processes.One of those processes is access to government procurement for young people which is done online.These helps young people access special government tenders for special groups.
My hobbies include interacting with young people to discuss unique business ideas and have formed a business club in our village. The future is for the young and each day i live to empower them to be able to come out poverty,hopelessness and be able to create wealth.
My Business
I offer internet services to young people in my village and would like internet to expand my internet access point for young people and other members of the community to be able to access information. young people travel long distances to get information especially on small businesses and they would be able to do so at a small fee which I would use for repaying the loan and the supplement is ploughed back into the business.A laptop will cost 40,000 Kenyan Shillings(400 US Dollars) part of which come from my savings and rent, electricity and internet connection costing 5,000 Kenyan Shillings(50 US Dollars) a month.Revenue per day would be 1000 Kenyan Shillings(10 US Dollars) totaling to 30,000 Kenyan shillings(30 US Dollars0 a month.
I will use most of the profits for reinvestment into the business to expand revenues and to loan out to other young people to improve their businesses.
Loan Proposal
A computer 220 US dollars with supplement my savings.Young people and other members of the community would be able to access information and improve their business.I expect a profit of 10,000 Kenyan Shillings per month.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Apr 6, 2015
Repayment status
On Time
Projected term
21 months
Other loans
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UK, United Kingdom
Austin, United States
Sydney, Australia
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Bremen, Germany
Summary
Amount repaid
$105.56
Amount remaining
$0.00
Date repaid
Mar 27, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Apr 19, 2015 | $5.56 | Apr 19, 2015 | $5.56 |
| Apr 26, 2015 | $1.11 | Apr 26, 2015 | $1.11 |
| May 3, 2015 | $1.11 | May 3, 2015 | $1.11 |
| May 10, 2015 | $1.11 | May 10, 2015 | $1.11 |
| May 17, 2015 | $1.11 | May 17, 2015 | $1.11 |
| May 24, 2015 | $1.11 | May 25, 2015 | $1.11 |
| May 31, 2015 | $1.11 | May 31, 2015 | $1.11 |
| Jun 7, 2015 | $1.11 | Jun 7, 2015 | $1.11 |
| Jun 14, 2015 | $1.11 | Jun 14, 2015 | $1.11 |
| Jun 21, 2015 | $1.11 | Jun 21, 2015 | $1.11 |
| Jun 28, 2015 | $1.11 | Jun 27, 2015 | $1.11 |
| Jul 5, 2015 | $1.11 | Jul 5, 2015 | $1.11 |
| Jul 12, 2015 | $1.11 | Jul 12, 2015 | $1.11 |
| Jul 19, 2015 | $1.11 | Jul 19, 2015 | $1.11 |
| Jul 26, 2015 | $1.11 | Jul 26, 2015 | $1.11 |
| Aug 2, 2015 | $1.11 | Aug 1, 2015 | $1.11 |
| Aug 9, 2015 | $1.11 | Aug 10, 2015 | $1.11 |
| Aug 16, 2015 | $1.11 | Aug 18, 2015 | $1.11 |
| Aug 23, 2015 | $1.11 | Aug 25, 2015 | $1.11 |
| Aug 30, 2015 | $1.11 | Sep 4, 2015 | $1.11 |
| Sep 6, 2015 | $1.11 | Sep 10, 2015 | $1.11 |
| Sep 13, 2015 | $1.11 | Sep 19, 2015 | $1.11 |
| Sep 20, 2015 | $1.11 | Sep 22, 2015 | $1.11 |
| Sep 27, 2015 | $1.11 | Oct 5, 2015 | $1.11 |
| Oct 4, 2015 | $1.11 | Oct 23, 2015 | $1.11 |
| Oct 11, 2015 | $1.11 | Oct 23, 2015 | $1.11 |
| Oct 18, 2015 | $1.11 | Oct 23, 2015 | $1.11 |
| Oct 25, 2015 | $1.11 | Nov 2, 2015 | $1.11 |
| Nov 1, 2015 | $1.11 | Nov 14, 2015 | $1.11 |
| Nov 8, 2015 | $1.11 | Nov 25, 2015 | $1.11 |
| Nov 15, 2015 | $1.11 | Nov 25, 2015 | $1.11 |
| Nov 22, 2015 | $1.11 | Nov 25, 2015 | $1.11 |
| Nov 29, 2015 | $1.11 | Dec 14, 2015 | $1.11 |
| Dec 6, 2015 | $1.11 | Dec 14, 2015 | $1.11 |
| Dec 13, 2015 | $1.11 | Dec 14, 2015 | $1.11 |
| Dec 20, 2015 | $1.11 | Jan 19, 2016 | $1.11 |
| Dec 27, 2015 | $1.11 | Jan 19, 2016 | $1.11 |
| Jan 3, 2016 | $1.11 | Jan 19, 2016 | $1.11 |
| Jan 10, 2016 | $1.11 | Feb 3, 2016 | $1.11 |
| Jan 17, 2016 | $1.11 | Feb 3, 2016 | $1.11 |
| Jan 24, 2016 | $1.11 | Feb 3, 2016 | $1.11 |
| Jan 31, 2016 | $1.11 | Feb 19, 2016 | $1.11 |
| Feb 7, 2016 | $1.11 | Feb 19, 2016 | $1.11 |
| Feb 14, 2016 | $1.11 | Feb 19, 2016 | $1.11 |
| Feb 21, 2016 | $1.11 | Mar 30, 2016 | $1.11 |
| Feb 28, 2016 | $1.11 | Mar 30, 2016 | $1.11 |
| Mar 6, 2016 | $1.11 | Mar 30, 2016 | $1.11 |
| Mar 13, 2016 | $1.11 | Mar 30, 2016 | $1.11 |
| Mar 20, 2016 | $1.11 | Mar 30, 2016 | $1.11 |
| Mar 27, 2016 | $1.11 | Mar 30, 2016 | $1.11 |
| Apr 3, 2016 | $1.11 | May 8, 2016 | $1.11 |
| Apr 10, 2016 | $1.11 | May 8, 2016 | $1.11 |
| Apr 17, 2016 | $1.11 | May 8, 2016 | $1.11 |
| Apr 24, 2016 | $1.11 | May 8, 2016 | $1.11 |
| May 1, 2016 | $1.11 | May 8, 2016 | $1.11 |
| May 8, 2016 | $1.11 | May 8, 2016 | $1.11 |
| May 15, 2016 | $1.11 | May 14, 2016 | $1.11 |
| May 22, 2016 | $1.11 | May 21, 2016 | $1.11 |
| May 29, 2016 | $1.11 | May 29, 2016 | $1.11 |
| Jun 5, 2016 | $1.11 | Jun 5, 2016 | $1.11 |
| Jun 12, 2016 | $1.11 | Jun 11, 2016 | $1.11 |
| Jun 19, 2016 | $1.11 | Jun 19, 2016 | $1.11 |
| Jun 26, 2016 | $1.11 | Jun 26, 2016 | $1.11 |
| Jul 3, 2016 | $1.11 | Mar 27, 2017 | $1.11 |
| Jul 10, 2016 | $1.11 | Mar 27, 2017 | $1.11 |
| Jul 17, 2016 | $1.11 | Mar 27, 2017 | $1.11 |
| Jul 24, 2016 | $1.11 | Mar 27, 2017 | $1.11 |
| Jul 31, 2016 | $1.11 | Mar 27, 2017 | $1.11 |
| Aug 7, 2016 | $1.11 | Mar 27, 2017 | $1.11 |
| Aug 14, 2016 | $1.11 | Mar 27, 2017 | $1.11 |
| Aug 21, 2016 | $1.11 | Mar 27, 2017 | $1.11 |
| Aug 28, 2016 | $1.11 | Mar 27, 2017 | $1.11 |
| Sep 4, 2016 | $1.11 | Mar 27, 2017 | $1.11 |
| Sep 11, 2016 | $1.11 | Mar 27, 2017 | $1.11 |
| Sep 18, 2016 | $1.11 | Mar 27, 2017 | $1.11 |
| Sep 25, 2016 | $1.11 | Mar 27, 2017 | $1.11 |
| Oct 2, 2016 | $1.11 | Mar 27, 2017 | $1.11 |
| Oct 9, 2016 | $1.11 | Mar 27, 2017 | $1.11 |
| Oct 16, 2016 | $1.11 | Mar 27, 2017 | $1.11 |
| Oct 23, 2016 | $1.11 | Mar 27, 2017 | $1.11 |
| Oct 30, 2016 | $1.11 | Mar 27, 2017 | $1.11 |
| Nov 6, 2016 | $1.11 | Mar 27, 2017 | $1.11 |
| Nov 13, 2016 | $1.11 | Mar 27, 2017 | $1.11 |
| Nov 20, 2016 | $1.11 | Mar 27, 2017 | $1.11 |
| Nov 27, 2016 | $1.11 | Mar 27, 2017 | $1.11 |
| Dec 4, 2016 | $1.11 | Mar 27, 2017 | $1.11 |
| Dec 11, 2016 | $1.11 | Mar 27, 2017 | $1.11 |
| Dec 18, 2016 | $1.11 | Mar 27, 2017 | $1.11 |
| Dec 25, 2016 | $1.11 | Mar 27, 2017 | $1.11 |
| Jan 1, 2017 | $1.11 | Mar 27, 2017 | $1.11 |
| Jan 8, 2017 | $1.11 | Mar 27, 2017 | $1.11 |
| Jan 15, 2017 | $0.00 | ||
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