Entrepreneur
Name
John
Member since
September 2015
On-time repayments
131 installments • 54%
About Me
My names are john omondi, the second born in a family of six.I did my national primary and high school examinations in the years 2005 and 2009 respectively.I performed so well in high school that i managed to secure a chance in one of the public universities(Kenyatta university) where i was confered first degree in economics and finance in december 2015.
At the university i succumbed to peer pressure and joined a very bad group of drug users, a decision that could have caused me my degree had i not changed and quit the group.It was however not easy but with the help of student's welfare director and counsellors i managed to bid the group bye.
During counseling my counsellors would tell how drugs can impact negatively on my social life and ruin my life yet i had a brighter future.They urged me on how the time i wasted abusing drugs could better be used narating anologies of local business people who started small while still at the university.Thats when i developed a business and started looking for business gap that existed in surrounding.
Having an interest in electronics i decided to narrow my search on this area and later started a cell phone repair business.
My Business
I offer phone repair services both hardware and software repairs. These services are very useful and are on high demand due to the fact that phone user are many and continue to grow at a high rate and phones break evry often yet trained technicians are very few.
I choose this business because it revolves around my hobby and like everyone i would like to do what i love most.The typical costs entails the costs of buying soldering materials, phone accessories among others things whereas revenues are generally the repair fees that clients pay for the services rendered.
Since this business is a startup most of the profits are reinvested for growth while another small percentage goes to supporting my younger siblings who are still in primary school.
Loan Proposal
This loan will be topped by my personal savings to buy a used laptop to help me perfom software repairs effectively and efficiently.With increased efficiency profit is expected to increase by 30%.
My savings to date is Ksh.16000 meaning with this loan will have a total of Ksh.30000 (30 USD) to be spent as follows:
Used laptop 150 USD
Antivirus 25 USD
Softwares 75 USD
Drivers 100USD
TOTAL 300USD
Feedback
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Mar 12, 2016
Repayment status
On Time
Projected term
20 months
Other loans
Lenders
United States
Summary
Amount repaid
$157.50
Amount remaining
$0.00
Date repaid
Aug 14, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 20, 2016 | $3.02 | Mar 20, 2016 | $3.02 |
| Mar 27, 2016 | $3.02 | Mar 20, 2016 | $3.02 |
| Apr 3, 2016 | $10.07 | Apr 3, 2016 | $10.07 |
| Apr 10, 2016 | $0.50 | Apr 3, 2016 | $0.50 |
| Apr 17, 2016 | $3.02 | Apr 18, 2016 | $3.02 |
| Apr 24, 2016 | $3.02 | Apr 18, 2016 | $3.02 |
| May 1, 2016 | $3.02 | Apr 18, 2016 | $3.02 |
| May 8, 2016 | $3.02 | Apr 18, 2016 | $3.02 |
| May 15, 2016 | $3.02 | Apr 18, 2016 | $3.02 |
| May 22, 2016 | $3.02 | Apr 18, 2016 | $3.02 |
| May 29, 2016 | $3.02 | Apr 18, 2016 | $2.01 |
| Jun 2, 2016 | $1.01 | ||
| Jun 5, 2016 | $3.02 | Jun 2, 2016 | $3.02 |
| Jun 12, 2016 | $3.02 | Jun 2, 2016 | $3.02 |
| Jun 19, 2016 | $3.02 | Jun 2, 2016 | $2.52 |
| Jun 9, 2016 | $0.50 | ||
| Jun 26, 2016 | $3.02 | Jun 9, 2016 | $3.02 |
| Jul 3, 2016 | $3.02 | Jun 9, 2016 | $0.50 |
| Jul 22, 2016 | $2.52 | ||
| Jul 10, 2016 | $3.02 | Jul 22, 2016 | $3.02 |
| Jul 17, 2016 | $3.02 | Jul 22, 2016 | $3.02 |
| Jul 24, 2016 | $3.02 | Jul 27, 2016 | $3.02 |
| Jul 31, 2016 | $2.62 | Jul 27, 2016 | $2.62 |
| Aug 7, 2016 | $0.00 | ||
| Aug 14, 2016 | $0.00 | ||
| Aug 21, 2016 | $0.00 | ||
| Aug 28, 2016 | $1.01 | Sep 12, 2016 | $1.01 |
| Sep 4, 2016 | $1.01 | Sep 12, 2016 | $1.01 |
| Sep 11, 2016 | $1.01 | Sep 12, 2016 | $1.01 |
| Sep 18, 2016 | $1.01 | Sep 12, 2016 | $1.01 |
| Sep 25, 2016 | $1.01 | Sep 21, 2016 | $1.01 |
| Oct 2, 2016 | $1.01 | Sep 21, 2016 | $1.01 |
| Oct 9, 2016 | $1.01 | Sep 21, 2016 | $1.01 |
| Oct 16, 2016 | $1.01 | Sep 21, 2016 | $1.01 |
| Oct 23, 2016 | $1.01 | Sep 23, 2016 | $1.01 |
| Oct 30, 2016 | $1.01 | Sep 23, 2016 | $1.01 |
| Nov 6, 2016 | $1.01 | Sep 23, 2016 | $1.01 |
| Nov 13, 2016 | $1.01 | Sep 23, 2016 | $1.01 |
| Nov 20, 2016 | $1.01 | Sep 30, 2016 | $1.01 |
| Nov 27, 2016 | $1.01 | Sep 30, 2016 | $1.01 |
| Dec 4, 2016 | $1.01 | Sep 30, 2016 | $1.01 |
| Dec 11, 2016 | $1.01 | Sep 30, 2016 | $1.01 |
| Dec 18, 2016 | $1.01 | Sep 30, 2016 | $0.50 |
| Oct 11, 2016 | $0.50 | ||
| Dec 25, 2016 | $1.01 | Oct 11, 2016 | $1.01 |
| Jan 1, 2017 | $1.01 | Oct 11, 2016 | $1.01 |
| Jan 8, 2017 | $1.01 | Oct 11, 2016 | $1.01 |
| Jan 15, 2017 | $1.01 | Oct 11, 2016 | $1.01 |
| Jan 22, 2017 | $1.01 | Oct 24, 2016 | $1.01 |
| Jan 29, 2017 | $1.01 | Oct 24, 2016 | $1.01 |
| Feb 5, 2017 | $1.01 | Oct 24, 2016 | $1.01 |
| Feb 12, 2017 | $1.01 | Oct 24, 2016 | $1.01 |
| Feb 19, 2017 | $1.01 | Oct 24, 2016 | $1.01 |
| Feb 26, 2017 | $1.01 | Oct 30, 2016 | $1.01 |
| Mar 5, 2017 | $1.01 | Oct 30, 2016 | $1.01 |
| Mar 12, 2017 | $1.01 | Oct 30, 2016 | $1.01 |
| Mar 19, 2017 | $1.01 | Oct 30, 2016 | $1.01 |
| Mar 26, 2017 | $1.01 | Oct 30, 2016 | $1.01 |
| Apr 2, 2017 | $1.01 | Oct 30, 2016 | $1.01 |
| Apr 9, 2017 | $1.01 | Oct 30, 2016 | $1.01 |
| Apr 16, 2017 | $1.01 | Oct 30, 2016 | $1.01 |
| Apr 23, 2017 | $1.01 | Oct 30, 2016 | $1.01 |
| Apr 30, 2017 | $1.01 | Oct 30, 2016 | $1.01 |
| May 7, 2017 | $1.01 | Apr 20, 2017 | $1.01 |
| May 14, 2017 | $1.01 | Apr 20, 2017 | $1.01 |
| May 21, 2017 | $2.01 | May 4, 2017 | $2.01 |
| May 28, 2017 | $2.01 | May 4, 2017 | $1.01 |
| Jun 2, 2017 | $0.50 | ||
| Jun 2, 2017 | $0.50 | ||
| Jun 4, 2017 | $2.01 | Jun 2, 2017 | $0.50 |
| Jun 2, 2017 | $0.50 | ||
| Jun 26, 2017 | $1.01 | ||
| Jun 11, 2017 | $2.01 | Jun 26, 2017 | $2.01 |
| Jun 18, 2017 | $2.01 | Jun 26, 2017 | $2.01 |
| Jun 25, 2017 | $2.01 | Jun 26, 2017 | $2.01 |
| Jul 2, 2017 | $2.01 | Jun 26, 2017 | $2.01 |
| Jul 9, 2017 | $2.01 | Jun 26, 2017 | $1.01 |
| Jul 12, 2017 | $1.01 | ||
| Jul 16, 2017 | $2.01 | Jul 12, 2017 | $2.01 |
| Jul 23, 2017 | $2.01 | Jul 12, 2017 | $1.01 |
| Jul 30, 2017 | $1.01 | ||
| Jul 30, 2017 | $2.01 | Jul 30, 2017 | $2.01 |
| Aug 6, 2017 | $2.01 | Jul 30, 2017 | $2.01 |
| Aug 13, 2017 | $2.01 | Jul 30, 2017 | $1.01 |
| Aug 13, 2017 | $1.01 | ||
| Aug 20, 2017 | $2.01 | Aug 13, 2017 | $2.01 |
| Aug 27, 2017 | $2.01 | Aug 13, 2017 | $2.01 |
| Sep 3, 2017 | $2.01 | Aug 13, 2017 | $2.01 |
| Sep 10, 2017 | $2.01 | Aug 13, 2017 | $2.01 |
| Sep 17, 2017 | $2.01 | Aug 13, 2017 | $2.01 |
| Sep 24, 2017 | $2.01 | Aug 13, 2017 | $2.01 |
| Oct 1, 2017 | $2.01 | Aug 13, 2017 | $2.01 |
| Oct 8, 2017 | $2.01 | Aug 13, 2017 | $2.01 |
| Oct 15, 2017 | $2.01 | Aug 13, 2017 | $2.01 |
| Oct 22, 2017 | $2.01 | Aug 13, 2017 | $2.01 |
| Oct 29, 2017 | $2.01 | Aug 13, 2017 | $2.01 |
| Nov 5, 2017 | $2.01 | Aug 14, 2017 | $2.01 |
| Nov 12, 2017 | $2.01 | Aug 14, 2017 | $2.01 |
| Nov 19, 2017 | $2.28 | Aug 14, 2017 | $2.28 |
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