Entrepreneur
Name
Wesley
Member since
April 2015
On-time repayments
99 installments • 13%
About Me
My name is wesley wilson aged 19 years and I reside in Nairobi the Capital city of Kenya. Born in a family oftwo and raised by a Single mother, I have struggled through hard and thick times to make it in life. I am a second year student doing computer science I am bright, creative and innovative in all i do. The business i have is the greatest breakthrough in my life because it has given me most of the assets i have just from the money i get from it and also it has lessen the burden that my parents had in paying my school fees and now my siblings are all in various schools in our country Kenya. I buy and sell computer accessories and computer services. Computer services comprise of a cyber cafe where i offer services in Internet, photocopy, lamination. I believe that the field i am in will guarantee success based on the trend for the past two years. I believe the business is on a good trend and some support will help the business to go far to greater heights.
My Business
The business is 3 years old .I started it from my own savings and support from Friends and relatives. It is strategically located a few kilometers from Nairobi Central Business District. I started with 2 computers to now i have 4 computers. It has been a great growth and all the credit goes to the favor i have received from People and the grace from God. The money i need is to support my working capital, the business generates ksh 21, 000 equivalent to $260 per month with a net profit of $90. I pay ksh 3,500 for rent and approximately ksh 400 for electricity per month depending on the monthly usage . The profit i get from the business i reinvest it in the business and part of it i use for my school upkeep and i also support my siblings
Loan Proposal
When I get this loan, I'll be able to buy a new computer for my business. This will help my business income rise. The computers I have are few and one server. Buying a new computers will help me serve all customers and it will also help to avoid congestion and Idling where customers are forced to wait till they get free machine.
One complete computers costs ksh 17500 in the current market price.
Though I will be having a deficit of ksh. 8500, I will have to add some amount from my business saving so I can be able to get the computer and doing this will improve my business income raise a lot.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
May 12, 2015
Repayment status
Late
Projected term
23 months
Lenders
Southampton, United Kingdom
Redmond, United States
Tübingen, Germany
Berkeley, United States
Stockholm, Sweden
Berlin, Germany
Jake Gibson and Beverly Picardo
San Francisco, United States
Summary
Amount repaid
$14.78
Amount remaining
$90.37
Expected completion
Apr 9, 2017
Status
Repaying late
Installment amount
$1.06
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 24, 2015 | $1.06 | May 24, 2015 | $1.06 |
| May 31, 2015 | $1.06 | Jun 2, 2015 | $1.06 |
| Jun 7, 2015 | $1.06 | Jun 7, 2015 | $1.06 |
| Jun 14, 2015 | $1.06 | Jun 14, 2015 | $1.06 |
| Jun 21, 2015 | $1.06 | Jun 24, 2015 | $1.06 |
| Jun 28, 2015 | $1.06 | Jul 1, 2015 | $1.06 |
| Jul 5, 2015 | $1.06 | Jul 5, 2015 | $1.06 |
| Jul 12, 2015 | $1.06 | Jul 12, 2015 | $1.06 |
| Jul 19, 2015 | $1.06 | Jul 24, 2015 | $1.06 |
| Jul 26, 2015 | $1.06 | Jul 26, 2015 | $1.06 |
| Aug 2, 2015 | $1.06 | Aug 7, 2015 | $1.06 |
| Aug 9, 2015 | $1.06 | Aug 13, 2015 | $1.06 |
| Aug 16, 2015 | $1.06 | Aug 26, 2015 | $1.06 |
| Aug 23, 2015 | $1.06 | Sep 26, 2015 | $1.06 |
| Aug 30, 2015 | $1.06 | ||
| Sep 6, 2015 | $1.06 | ||
| Sep 13, 2015 | $1.06 | ||
| Sep 20, 2015 | $1.06 | ||
| Sep 27, 2015 | $1.06 | ||
| Oct 4, 2015 | $1.06 | ||
| Oct 11, 2015 | $1.06 | ||
| Oct 18, 2015 | $1.06 | ||
| Oct 25, 2015 | $1.06 | ||
| Nov 1, 2015 | $1.06 | ||
| Nov 8, 2015 | $1.06 | ||
| Nov 15, 2015 | $1.06 | ||
| Nov 22, 2015 | $1.06 | ||
| Nov 29, 2015 | $1.06 | ||
| Dec 6, 2015 | $1.06 | ||
| Dec 13, 2015 | $1.06 | ||
| Dec 20, 2015 | $1.06 | ||
| Dec 27, 2015 | $1.06 | ||
| Jan 3, 2016 | $1.06 | ||
| Jan 10, 2016 | $1.06 | ||
| Jan 17, 2016 | $1.06 | ||
| Jan 24, 2016 | $1.06 | ||
| Jan 31, 2016 | $1.06 | ||
| Feb 7, 2016 | $1.06 | ||
| Feb 14, 2016 | $1.06 | ||
| Feb 21, 2016 | $1.06 | ||
| Feb 28, 2016 | $1.06 | ||
| Mar 6, 2016 | $1.06 | ||
| Mar 13, 2016 | $1.06 | ||
| Mar 20, 2016 | $1.06 | ||
| Mar 27, 2016 | $1.06 | ||
| Apr 3, 2016 | $1.06 | ||
| Apr 10, 2016 | $1.06 | ||
| Apr 17, 2016 | $1.06 | ||
| Apr 24, 2016 | $1.06 | ||
| May 1, 2016 | $1.06 | ||
| May 8, 2016 | $1.06 | ||
| May 15, 2016 | $1.06 | ||
| May 22, 2016 | $1.06 | ||
| May 29, 2016 | $1.06 | ||
| Jun 5, 2016 | $1.06 | ||
| Jun 12, 2016 | $1.06 | ||
| Jun 19, 2016 | $1.06 | ||
| Jun 26, 2016 | $1.06 | ||
| Jul 3, 2016 | $1.06 | ||
| Jul 10, 2016 | $1.06 | ||
| Jul 17, 2016 | $1.06 | ||
| Jul 24, 2016 | $1.06 | ||
| Jul 31, 2016 | $1.06 | ||
| Aug 7, 2016 | $1.06 | ||
| Aug 14, 2016 | $1.06 | ||
| Aug 21, 2016 | $1.06 | ||
| Aug 28, 2016 | $1.06 | ||
| Sep 4, 2016 | $1.06 | ||
| Sep 11, 2016 | $1.06 | ||
| Sep 18, 2016 | $1.06 | ||
| Sep 25, 2016 | $1.06 | ||
| Oct 2, 2016 | $1.06 | ||
| Oct 9, 2016 | $1.06 | ||
| Oct 16, 2016 | $1.06 | ||
| Oct 23, 2016 | $1.06 | ||
| Oct 30, 2016 | $1.06 | ||
| Nov 6, 2016 | $1.06 | ||
| Nov 13, 2016 | $1.06 | ||
| Nov 20, 2016 | $1.06 | ||
| Nov 27, 2016 | $1.06 | ||
| Dec 4, 2016 | $1.06 | ||
| Dec 11, 2016 | $1.06 | ||
| Dec 18, 2016 | $1.06 | ||
| Dec 25, 2016 | $1.06 | ||
| Jan 1, 2017 | $1.06 | ||
| Jan 8, 2017 | $1.06 | ||
| Jan 15, 2017 | $1.06 | ||
| Jan 22, 2017 | $1.06 | ||
| Jan 29, 2017 | $1.06 | ||
| Feb 5, 2017 | $1.06 | ||
| Feb 12, 2017 | $1.06 | ||
| Feb 19, 2017 | $1.06 | ||
| Feb 26, 2017 | $1.06 | ||
| Mar 5, 2017 | $1.06 | ||
| Mar 12, 2017 | $1.06 | ||
| Mar 19, 2017 | $1.06 | ||
| Mar 26, 2017 | $1.06 | ||
| Apr 2, 2017 | $1.06 | ||
| Apr 9, 2017 | $1.70 | ||
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