Lexer Technology Solutions - additional stock purchase

Alex Muriungi

Chuka, Eastern Kenya,tharaka Nithi County, Kenya

100% repaid

Entrepreneur

Name

Alex Muriungi

On-time repayments

43 weekly installments  •  35%

About Me

Hi lenders am a kenyan by birth. a Holder of bachelor's degree in computer science, born in meru county of id no 30234223,law abiding and passionate self employed 27 years old C.E.O. Lexer Technologies

My Business

I have a company Lexer Technology solutions that operates both locally and online. Have two branches in chuka, one at ndagani markets 50m from chuka University gate A , another in chuka town jatomy supermarket 1st floor stall no.m11. online i have a Facebook page lexer technologies(https://www.facebook.com/lexertech/) and sell in pigiame and jiji.co.ke formerly (olx) platforms and whats app too. through this business i have managed to finance my University education now doing business. i have 4 employees who with the supervision of me run the business.

Loan Proposal

buy mobile accesories 170$
laptops and accesories 200$
all these sales are projected to give 60% profits as always under proper management, pay the loan and get a higher loan for proper business growth.
for the 3 years i have done this business profits and positive growth have been observed which are the greatest motivations.
My projection is also minimizing profits maximising sales pay loans in time get another and continue growing my business

Feedback

1

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  • Will    May 13, 2018

    While payments were not always on time, the loan was completely paid off before the deadline and Alex provides frequent updates as to his situation.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$377.50

Date disbursed

May 11, 2017

Repayment status

On Time

Projected term

10 months

Cost to entrepreneur

Service fee: $16.96

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