Entrepreneur
Name
Ali
Member since
December 2014
On-time repayments
138 installments • 26%
About Me
My name is Ali Mbaji, born in Kilifi County in Coast region of Kenya. I was born in a family of 7 by my parents who are casual laborers. I grew up through hard life due to meager resources that my family had. Through relatives and well wishers, I managed to attend school where I reached secondary level. I will always be grateful to them for making such a big difference in my life.
After school, I moved to Mombasa town to live with a friend while looking for something to sustain me in the harsh urban life. I was employed as a casual in industrial area of Mombasa town. I worked in many industries while at the same time enrolled for a course in computer hardware maintenance.
I am married with one child.
My Business
My business deals with repair and maintenance of computer hardware. I specialized in computer printers and I started my own workshop where I do the repair work.
I normally support commercial companies, schools as well as home users. To supplement my income I also sell printer toner and ink cartridges.
The business generates about $350 a month and this is what supports my family and my other expenses. I recently started retailing printer cartridges and the results are very encouraging. However, due to a wide variety of the printers in the market (different printers use different cartridges) I need to have a big stock of the same.
Loan Proposal
With this loan, I will be able to buy 6 new cartridges which add to my existing catalog hence help to serve my customers better.
Once ink cartridge costs about $10 and I will sell them very fast at a profit.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jan 2, 2015
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
Mayfield, Australia
Oslo, Norway
Summary
Amount repaid
$103.98
Amount remaining
$0.00
Date repaid
May 12, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jan 11, 2015 | $5.19 | Jan 11, 2015 | $5.19 |
| Jan 18, 2015 | $5.19 | Jan 11, 2015 | $0.43 |
| Jan 19, 2015 | $4.76 | ||
| Jan 25, 2015 | $5.19 | Jan 19, 2015 | $0.85 |
| Jan 25, 2015 | $4.34 | ||
| Feb 1, 2015 | $5.19 | Jan 25, 2015 | $1.28 |
| Feb 8, 2015 | $3.91 | ||
| Feb 8, 2015 | $5.19 | Feb 8, 2015 | $5.19 |
| Feb 15, 2015 | $5.19 | Feb 8, 2015 | $2.13 |
| Mar 3, 2015 | $3.06 | ||
| Feb 22, 2015 | $5.19 | Mar 3, 2015 | $5.19 |
| Mar 1, 2015 | $5.19 | Mar 3, 2015 | $2.99 |
| Mar 9, 2015 | $2.20 | ||
| Mar 8, 2015 | $5.19 | Mar 9, 2015 | $5.19 |
| Mar 15, 2015 | $5.19 | Mar 9, 2015 | $4.12 |
| Mar 23, 2015 | $1.07 | ||
| Mar 22, 2015 | $5.19 | Mar 23, 2015 | $5.19 |
| Mar 29, 2015 | $5.19 | Mar 23, 2015 | $4.98 |
| Mar 28, 2015 | $0.21 | ||
| Apr 5, 2015 | $5.19 | Mar 28, 2015 | $5.19 |
| Apr 12, 2015 | $5.19 | Mar 28, 2015 | $5.19 |
| Apr 19, 2015 | $5.19 | Mar 28, 2015 | $0.64 |
| Apr 18, 2015 | $4.55 | ||
| Apr 26, 2015 | $5.19 | Apr 18, 2015 | $5.19 |
| May 3, 2015 | $5.19 | Apr 18, 2015 | $2.34 |
| May 12, 2015 | $2.85 | ||
| May 10, 2015 | $5.19 | May 12, 2015 | $5.19 |
| May 17, 2015 | $5.19 | May 12, 2015 | $5.19 |
| May 24, 2015 | $5.35 | May 12, 2015 | $5.35 |
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