Laptop

Ken

Thika, Kenya

28% repaid

Entrepreneur

Name

Ken

Member since

July 2015

On-time repayments

263 installments  •  27%

About Me

I am a first born kid in a family of four children. I have had my 8-4-4 education from primary to university level. Throughout the education, I experienced different hardships that include financial challenges, which I overcame by running small errands for people where I would get paid. I started my personal online based business after an introduction by a friend. My land is unique because it has a warm and hot climate, which makes me love swimming as my greatest hobby.

My Business

My business is online based where I write articles and get paid. Currently, I have ventured into construction based business work where I hire out construction machinery. This business is suitable for me because I am able to manage my time and deliver quality services to the clients. Profits from the business assist in future investments to sustain the growth and expansion of the business.

Loan Proposal

Dear Lenders,

I need a loan to buy a new laptop, which I will use in conducting my business. The current laptop is giving me technical challenges because it is now 10 years old and I need to replace it with a new laptop that costs $ 600. I believe that the new laptop will ensure that I am able to conduct my field work successfully while being available online for my freelance work. Such will give me more time in the field instead of having to visit cyber cafes now and then to address freelance jobs. Thus, I expect to save approximately $ 100 on monthly basis used as the cost for the cyber cafes. My business will thus convert the cost into profits.
Thanks for your assistance.
Ken Njiru

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$398.00

Date disbursed

Jan 27, 2016

Repayment status

Late

Projected term

57 months

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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