Inventory of more equipments to my cyber shop

Sarah

Nakuru, Kenya

10% repaid

Entrepreneur

Name

Sarah

Member since

December 2014

On-time repayments

285 installments  •  6%

About Me

My name is Sarah Mugah, and we have been blessed with 1 kid.
I did my O-level in the year 2013 and later proceeded to do several short courses includind Information Technology (I.T) and did various jobs including employment in an insurance firm, real estate agency firm and as salesman. I quit employment in to be self employed last year where I did various small businesses. I i decided to borrow some cash from my retired Dad and together with the small savings i had acquired a Kyocera Aficio Mp 2000 Photocopier and proceeded to open my own business. My main clients include , students in colleges and schools.

My Business

I run a cyber and Photocopy services at Shabab centre in Nakuru town Its a one room computer shop cum typing bureau right next to a newly built near Mount Kenya University.The university has close to 6000 students and this population is targetable businesswise.Students look for ways and means to have their study papers,proposals and even thesis' typed by experienced typists and computer bureaus.Since i have polished my skills with the necessary knowledge i have an increasing number of clients,especially the student population and lecturers,most of whom know little about computer packages and prefer giving the work to someone else. I pay 3000 kshs (30$) for rent and 4$ for electricity per month.I make an average of 100$ a month from typing and thesis binding work in a month.I have not employed anyone but do this work myself.It is my vision to increase my equipment by adding more paper for printing and a photocopy machine

Loan Proposal

I would like to purchase a laminating machine for my computer shop and to add some printing paper in it too. A laminating machine costs approximately 60$ but I have paid halfway for one and will buy it at 30 $.
I will also use 20$ to buy plain photocopy and printing paper. I have been having a printer and will add another one later on in the year. However, the current demand of students needs at least an additional 20$ of plain paper, approximately 5 rims of 500 A4 sheets in each rim. That’s 2500 A4 plain papers.This should meet the demand.
I will buy a hardy stapler and a binding machine that costs 33$ and add stationery such as pens, blank CDs and plastic bag folders which are common with the university students. These additions should make me a good profit.
When I type and print on plain paper I usually charge 30 Kshs per paper I print, that’s approximately 30US cents per page. So for 2500 plain A$ papers I should be able to make a profit of around 5,000 kshs (55$) per week.
I will bind proposals at 10$ per 100 to 200 page proposal.
This should enable me pay the loan and safely reinvest my proceeds in the computer shop, eventually being able to purchase an additional computer with the increased proceeds

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$268.00

Date disbursed

Jan 27, 2015

Repayment status

Late

Projected term

65 months

Other loans

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O

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D

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G

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Padova, Italy

T

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Republic of Korea

Z

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S

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T

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J

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D

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M

markl

Australia

K

Keith

Luxembourg

A

aajmp

United States

K

Kebrenagast

New York, United States

A

adamdreaming

United States

Andrew267

Birmingham, United Kingdom

S

seanos

Nottingham, United Kingdom

F

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United Kingdom

J

Jack123

United States

RJ

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Darcy

Ottawa, Canada

Alberto Cereser

Copenhagen, Denmark

J

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Cathy

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MW

Matt Willis

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Andrew

Melbourne, Australia

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Summary

Amount repaid

$43.64

Amount remaining

$401.81

Expected completion

Jun 7, 2020

Status

Repaying late

Installment amount

$1.12

Repayment History

Expected Payments Actual Payments
Feb 8, 2015 $19.82 Feb 10, 2015 $19.82
Feb 15, 2015 $4.49 Feb 15, 2015 $4.49
Feb 22, 2015 $4.49 Feb 22, 2015 $4.49
Mar 1, 2015 $0.00
Mar 8, 2015 $1.78 Mar 8, 2015 $1.78
Mar 15, 2015 $2.25 Mar 16, 2015 $2.25
Mar 22, 2015 $2.25 Mar 24, 2015 $2.25
Mar 29, 2015 $2.25 Mar 30, 2015 $2.25
Apr 5, 2015 $2.25 Apr 12, 2015 $2.25
Apr 12, 2015 $2.25 Apr 12, 2015 $2.04
Apr 28, 2015 $0.20
Apr 19, 2015 $1.82 Apr 28, 2015 $1.82
Apr 26, 2015 $0.00
May 3, 2015 $0.00
May 10, 2015 $0.00
May 17, 2015 $0.00
May 24, 2015 $0.00
May 31, 2015 $0.00
Jun 7, 2015 $0.00
Jun 14, 2015 $0.00
Jun 21, 2015 $1.12
Jun 28, 2015 $1.12
Jul 5, 2015 $1.12
Jul 12, 2015 $1.12
Jul 19, 2015 $1.12
Jul 26, 2015 $1.12
Aug 2, 2015 $1.12
Aug 9, 2015 $1.12
Aug 16, 2015 $1.12
Aug 23, 2015 $1.12
Aug 30, 2015 $1.12
Sep 6, 2015 $1.12
Sep 13, 2015 $1.12
Sep 20, 2015 $1.12
Sep 27, 2015 $1.12
Oct 4, 2015 $1.12
Oct 11, 2015 $1.12
Oct 18, 2015 $1.12
Oct 25, 2015 $1.12
Nov 1, 2015 $1.12
Nov 8, 2015 $1.12
Nov 15, 2015 $1.12
Nov 22, 2015 $1.12
Nov 29, 2015 $1.12
Dec 6, 2015 $1.12
Dec 13, 2015 $1.12
Dec 20, 2015 $1.12
Dec 27, 2015 $1.12
Jan 3, 2016 $1.12
Jan 10, 2016 $1.12
Jan 17, 2016 $1.12
Jan 24, 2016 $1.12
Jan 31, 2016 $1.12
Feb 7, 2016 $1.12
Feb 14, 2016 $1.12
Feb 21, 2016 $1.12
Feb 28, 2016 $1.12
Mar 6, 2016 $1.12
Mar 13, 2016 $1.12
Mar 20, 2016 $1.12
Mar 27, 2016 $1.12
Apr 3, 2016 $1.12
Apr 10, 2016 $1.12
Apr 17, 2016 $1.12
Apr 24, 2016 $1.12
May 1, 2016 $1.12
May 8, 2016 $1.12
May 15, 2016 $1.12
May 22, 2016 $1.12
May 29, 2016 $1.12
Jun 5, 2016 $1.12
Jun 12, 2016 $1.12
Jun 19, 2016 $1.12
Jun 26, 2016 $1.12
Jul 3, 2016 $1.12
Jul 10, 2016 $1.12
Jul 17, 2016 $1.12
Jul 24, 2016 $1.12
Jul 31, 2016 $1.12
Aug 7, 2016 $1.12
Aug 14, 2016 $1.12
Aug 21, 2016 $1.12
Aug 28, 2016 $1.12
Sep 4, 2016 $1.12
Sep 11, 2016 $1.12
Sep 18, 2016 $1.12
Sep 25, 2016 $1.12
Oct 2, 2016 $1.12
Oct 9, 2016 $1.12
Oct 16, 2016 $1.12
Oct 23, 2016 $1.12
Oct 30, 2016 $1.12
Nov 6, 2016 $1.12
Nov 13, 2016 $1.12
Nov 20, 2016 $1.12
Nov 27, 2016 $1.12
Dec 4, 2016 $1.12
Dec 11, 2016 $1.12
Dec 18, 2016 $1.12
Dec 25, 2016 $1.12
Jan 1, 2017 $1.12
Jan 8, 2017 $1.12
Jan 15, 2017 $1.12
Jan 22, 2017 $1.12
Jan 29, 2017 $1.12
Feb 5, 2017 $1.12
Feb 12, 2017 $1.12
Feb 19, 2017 $1.12
Feb 26, 2017 $1.12
Mar 5, 2017 $1.12
Mar 12, 2017 $1.12
Mar 19, 2017 $1.12
Mar 26, 2017 $1.12
Apr 2, 2017 $1.12
Apr 9, 2017 $1.12
Apr 16, 2017 $1.12
Apr 23, 2017 $1.12
Apr 30, 2017 $1.12
May 7, 2017 $1.12
May 14, 2017 $1.12
May 21, 2017 $1.12
May 28, 2017 $1.12
Jun 4, 2017 $1.12
Jun 11, 2017 $1.12
Jun 18, 2017 $1.12
Jun 25, 2017 $1.12
Jul 2, 2017 $1.12
Jul 9, 2017 $1.12
Jul 16, 2017 $1.12
Jul 23, 2017 $1.12
Jul 30, 2017 $1.12
Aug 6, 2017 $1.12
Aug 13, 2017 $1.12
Aug 20, 2017 $1.12
Aug 27, 2017 $1.12
Sep 3, 2017 $1.12
Sep 10, 2017 $1.12
Sep 17, 2017 $1.12
Sep 24, 2017 $1.12
Oct 1, 2017 $1.12
Oct 8, 2017 $1.12
Oct 15, 2017 $1.12
Oct 22, 2017 $1.12
Oct 29, 2017 $1.12
Nov 5, 2017 $1.12
Nov 12, 2017 $1.12
Nov 19, 2017 $1.12
Nov 26, 2017 $1.12
Dec 3, 2017 $1.12
Dec 10, 2017 $1.12
Dec 17, 2017 $1.12
Dec 24, 2017 $1.12
Dec 31, 2017 $1.12
Jan 7, 2018 $1.12
Jan 14, 2018 $1.12
Jan 21, 2018 $1.12
Jan 28, 2018 $1.12
Feb 4, 2018 $1.12
Feb 11, 2018 $1.12
Feb 18, 2018 $1.12
Feb 25, 2018 $1.12
Mar 4, 2018 $1.12
Mar 11, 2018 $1.12
Mar 18, 2018 $1.12
Mar 25, 2018 $1.12
Apr 1, 2018 $1.12
Apr 8, 2018 $1.12
Apr 15, 2018 $1.12
Apr 22, 2018 $1.12
Apr 29, 2018 $1.12
May 6, 2018 $1.12
May 13, 2018 $1.12
May 20, 2018 $1.12
May 27, 2018 $1.12
Jun 3, 2018 $1.12
Jun 10, 2018 $1.12
Jun 17, 2018 $1.12
Jun 24, 2018 $1.12
Jul 1, 2018 $1.12
Jul 8, 2018 $1.12
Jul 15, 2018 $1.12
Jul 22, 2018 $1.12
Jul 29, 2018 $1.12
Aug 5, 2018 $1.12
Aug 12, 2018 $1.12
Aug 19, 2018 $1.12
Aug 26, 2018 $1.12
Sep 2, 2018 $1.12
Sep 9, 2018 $1.12
Sep 16, 2018 $1.12
Sep 23, 2018 $1.12
Sep 30, 2018 $1.12
Oct 7, 2018 $1.12
Oct 14, 2018 $1.12
Oct 21, 2018 $1.12
Oct 28, 2018 $1.12
Nov 4, 2018 $1.12
Nov 11, 2018 $1.12
Nov 18, 2018 $1.12
Nov 25, 2018 $1.12
Dec 2, 2018 $1.12
Dec 9, 2018 $1.12
Dec 16, 2018 $1.12
Dec 23, 2018 $1.12
Dec 30, 2018 $1.12
Jan 6, 2019 $1.12
Jan 13, 2019 $1.12
Jan 20, 2019 $1.12
Jan 27, 2019 $1.12
Feb 3, 2019 $1.12
Feb 10, 2019 $1.12
Feb 17, 2019 $1.12
Feb 24, 2019 $1.12
Mar 3, 2019 $1.12
Mar 10, 2019 $1.12
Mar 17, 2019 $1.12
Mar 24, 2019 $1.12
Mar 31, 2019 $1.12
Apr 7, 2019 $1.12
Apr 14, 2019 $1.12
Apr 21, 2019 $1.12
Apr 28, 2019 $1.12
May 5, 2019 $1.12
May 12, 2019 $1.12
May 19, 2019 $1.12
May 26, 2019 $1.12
Jun 2, 2019 $1.12
Jun 9, 2019 $1.12
Jun 16, 2019 $1.12
Jun 23, 2019 $1.12
Jun 30, 2019 $1.12
Jul 7, 2019 $1.12
Jul 14, 2019 $1.12
Jul 21, 2019 $1.12
Jul 28, 2019 $1.12
Aug 4, 2019 $1.12
Aug 11, 2019 $1.12
Aug 18, 2019 $1.12
Aug 25, 2019 $1.12
Sep 1, 2019 $1.12
Sep 8, 2019 $1.12
Sep 15, 2019 $1.12
Sep 22, 2019 $1.12
Sep 29, 2019 $1.12
Oct 6, 2019 $1.12
Oct 13, 2019 $1.12
Oct 20, 2019 $1.12
Oct 27, 2019 $1.12
Nov 3, 2019 $1.12
Nov 10, 2019 $1.12
Nov 17, 2019 $1.12
Nov 24, 2019 $1.12
Dec 1, 2019 $1.12
Dec 8, 2019 $1.12
Dec 15, 2019 $1.12
Dec 22, 2019 $1.12
Dec 29, 2019 $1.12
Jan 5, 2020 $1.12
Jan 12, 2020 $1.12
Jan 19, 2020 $1.12
Jan 26, 2020 $1.12
Feb 2, 2020 $1.12
Feb 9, 2020 $1.12
Feb 16, 2020 $1.12
Feb 23, 2020 $1.12
Mar 1, 2020 $1.12
Mar 8, 2020 $1.12
Mar 15, 2020 $1.12
Mar 22, 2020 $1.12
Mar 29, 2020 $1.12
Apr 5, 2020 $1.12
Apr 12, 2020 $1.12
Apr 19, 2020 $1.12
Apr 26, 2020 $1.12
May 3, 2020 $1.12
May 10, 2020 $1.12
May 17, 2020 $1.12
May 24, 2020 $1.12
May 31, 2020 $1.12
Jun 7, 2020 $110.80

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