Computer to hire an employee in my online freelancing business

Stephen

Oyugis, Kenya

28% repaid

Entrepreneur

Name

Stephen

Member since

May 2015

On-time repayments

255 installments  •  29%

About Me

I grew up in a big family of 14 children. That was a humble background. But God enabled us to go to school. I currently doing my masters degree in Telecommunication engineering.
As a first born, my fees was not a challenge. However, our family money became scarce when my many siblings started going to secondary schools. I am grateful that they have since graduated and are now working. Education became the key to good life.

My Business

I presently do an online research work with writerbay.com. I have been doing the business since 2008. I also manage a school in Oyugis Town called Bright Future academy. I use the profits to help support some of my siblings who are still in school. I am also still doing my masters degree and use the money in such avenues. I also have a wife and two children.
I started a business while still in the university. I did an agricultural investment and got 70% profit while in second year at the university. I have also done sales of agricultural products.
I look forward to grow as a businessman to ultimately own real estate and run a school as a director.

Loan Proposal

I request for another loan to help me buy a computer for my freelance business.

The business is expanding and I desire to create a work station for one employee to help me with the freelance research writing.

a second hand laptop (core 2 duo), will cost $ 210.

The computer will help increase the work load that I deliver as the season picks.

With another worker, I will be able to increase my profits by $ 100 in a month.

Kindly help me achieve the expansion.

Thanks a lot

Feedback

3

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$211.00

Date disbursed

Feb 12, 2016

Repayment status

Late

Projected term

51 months

Lenders

mhooper1962

London, United Kingdom

BB

Ben Bellows

United States

PG

Paul Graham

United States

John Minges

United States

Elise E

United States

Ask Stephen a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Stephen    Oct 6, 2016

    I sent the money last week. It is yet to reflect on my account?

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  • Stephen    Feb 25, 2016

    I have a slight challenge in work flow. I will adjust my instalments later

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  • Stephen    Feb 17, 2016

    Hello, Thanks a lot friends for your help. I got a total of Ksh. 21150 .

    The money helped me get a second hand computer at Ksh. 22,000.

    This machine will help me hire another staff in my freelance job.

    Thanks a lot

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  • Stephen    Feb 11, 2016

    Wao, thanks a lot for giving me money again. I am truly humbled.

    I will buy a lap top for my business. The new machine will help me create a work station for another employee to work with me in freelance research. My profits will increase as a result of the new hire because of the computer.

    Thanks a lot. Blessings!

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  • Stephen    Feb 9, 2016

    Wao, I am very grateful. Thanks a lot friends for your support.

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  • Stephen    Feb 8, 2016

    Thanks a lot friends. The last loan helped me buy a solar cell for my back up system.

    I am very happy and grateful for your support.

    Thanks a lot

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  • Stephen    Feb 8, 2016

    set my next repayment to 2000. Thanks a lot

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  • Stephen    Feb 8, 2016

    My work flow increased. Thanks

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  • Stephen    Feb 4, 2016

    Hello, How are you guys this yr?

    Thanks a lot for your continuous support.

    Regards

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  • Stephen    Jan 26, 2016

    Hello guys. Happy new yr. All is well.

    I intend to increase my instalments. Business is picking again as we move into February.
    Thanks a lot

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  • Stephen    Oct 23, 2015

    Thanks a lot for the money. It helped me buy gadgets for solar cell which I intend to buy in future. I used the 9500 kenya shillings to buy wires and installation gear for solar cell.

    I am happy that the solar cell has potential of eliminating black out hence providing reliable power through out.

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  • Stephen    Sep 28, 2015

    My Job flow has gone down. It will resume late next month.

    I will adjust then. Thanks a lot

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  • Stephen    Sep 21, 2015

    Hello, Thanks a lot for the money. I received 9665.

    The money was helpful in purchasing a solar panel.

    The objective is to help me stay with power for longer hours when electricity is off.

    I am so very grateful.

    I will be posting the pictures in a moment.

    Thanks a lot for your help. I am grateful.

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  • Stephen    Sep 14, 2015

    Hello friends, I am very grateful for your support. I intend to buy a solar cell for charging my wet cell battery.
    The solar cell will enable me to work without electricity interruption.
    My productivity as a freelance writer will definitely improve.
    Thanks a lot for your support.
    Cheers.

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    • Christopher Hey    Sep 15, 2015

      Great to see that you received your loan! I hope that the solar cells work well. If this proves to be a positive experience for you then hopefully you will be able to give advice to family,friends, and neighbours who are interested in the same technology.

      I wish you all the best,

      Chris

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    • Elise E    Sep 21, 2015

      Stephen, best of luck to you in increasing your business. I'm excited to see how things turn out for you.
      - Elise

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  • Stephen    Sep 9, 2015

    Hello friends, I must say a big thank you again for your help so far. I have taken two loans to date. I first bought a laptop battery, then used the second loan to buy a rechargeable battery and an inverter.
    These items have improved my production as a freelancer. I can work for longer hours even if mainstream electricity goes off.
    I have more profits because of the power stability.
    Thanks a lot friends. My next plan is to buy and install a solar panel. I am looking to a time of stable green energy. I desire to work without any slight interruption.

    Thanks a lot for your help.
    Grateful.

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  • Stephen    Sep 7, 2015

    my work output has increased. Thanks a lot

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  • Stephen    Sep 7, 2015

    Thanks a lot friends. Your support has been of great help. My next project is to buy a solar panel.
    This will help have power through out. With 24 hours power, my productivity in freelance would be greatly increased.
    Thanks a lot

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  • Stephen    Aug 25, 2015

    It is low season for my freelance work. I will increase my repayment when work picks next month. Thanks

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  • Stephen    Aug 19, 2015

    Hello, Thanks a lot Guys. I now enjoy longer time periods of work. Thanks to the battery and the inverter.
    Power outages do not scare me as they used to. Thanks a lot

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  • Stephen    Aug 7, 2015

    Thanks a lot

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