Loan to purchase new desktop and ups for protection

Charles

Kinangop, Kenya

100% repaid

Entrepreneur

Name

Charles

Member since

June 2016

On-time repayments

176 installments  •  37%

About Me

It was later to dawn to me that it would again take almost ten years waiting to be absorbed by the government. With the skills that I had acquired in Information Technology, I thought of switching to something different and the idea of self employment was born. During my stay I have been offering services and on producing online payslips for teachers, I have been disappointed since they are usually underpaid and id rather stay in business where I feel I do better than in the teaching profession. May be in future i will invest in education and think of managerial position in the teaching profession which is far much better than being just a classroom teacher. It was later to dawn to me that it would again take almost ten years waiting to be absorbed by the government. With the skills that I had acquired in Information Technology, I thought of switching to something different and the idea of self employment was born. During my stay I have been offering services and on producing online payslips for teachers, I have been disappointed since they are usually underpaid and id rather stay in business where I feel I do better than in the teaching profession. May be in future i will invest in education and think of managerial position in the teaching profession which is far much better than being just a classroom teacher.

My Business

After graduation and no jobs coming by, I decided to start a simple business to earn income, I own a stall offering various accessories I own a desktop computer and have been offering computer typesetting services to my customers. I also design cards and do the printing. The business is so far doing well, however the operation cost is making profits go down, in side of printing, i dont have a reliable printer and the HP deskjet 2515 that I own is not reliable. This means that whenever I have bulk printing and photocopying, there is interuption to do some reffiling of ink and sometimes the catridges fail. Photocopying is my main source of income since atleast every day i make about USD5 in photocopies only.

Loan Proposal

First I thank you a lot for having funded my first loan. I put my proposal again for this second loan that I want to purchase a desktop computer for use in my business. The one that I have been using malfunctioned and I established the cause as defects in motherboard. I don’t want to have it repaired since from experience it will be costly and might have problems in future. I have been doing printing services and the computer was of great help. At the moment I am using a notebook which does not have DVD drive, this limits me from printing customers work that may be in DVD or even CD. A good Computer desktop goes for around USD 120 and I will also buy a UPS for around USD50 to help protect my computer from power surge and other related power problems.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$180.00

Date disbursed

Oct 4, 2016

Repayment status

On Time

Projected term

21 months

Lenders

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

wissam

Jeddah, Saudi Arabia

Rosario von Li

San Jose, Ca, United States

M

Matthias

Australia

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$180.00

Amount remaining

$0.00

Date repaid

Nov 28, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Oct 16, 2016 $2.02 Oct 16, 2016 $2.02
Oct 23, 2016 $1.01 Oct 23, 2016 $1.01
Oct 30, 2016 $1.01 Oct 30, 2016 $1.01
Nov 6, 2016 $1.01 Nov 6, 2016 $1.01
Nov 13, 2016 $1.01 Nov 13, 2016 $1.01
Nov 20, 2016 $1.01 Nov 19, 2016 $1.01
Nov 27, 2016 $1.01 Nov 19, 2016 $0.25
Nov 20, 2016 $0.76
Dec 4, 2016 $1.01 Nov 20, 2016 $1.01
Dec 11, 2016 $1.01 Nov 20, 2016 $1.01
Dec 18, 2016 $1.01 Nov 20, 2016 $1.01
Dec 25, 2016 $1.01 Nov 20, 2016 $1.01
Jan 1, 2017 $1.01 Nov 20, 2016 $1.01
Jan 8, 2017 $1.01 Nov 20, 2016 $1.01
Jan 15, 2017 $1.01 Nov 20, 2016 $1.01
Jan 22, 2017 $1.01 Nov 20, 2016 $1.01
Jan 29, 2017 $1.01 Nov 20, 2016 $1.01
Feb 5, 2017 $1.01 Nov 20, 2016 $1.01
Feb 12, 2017 $1.01 Nov 20, 2016 $1.01
Feb 19, 2017 $1.01 Nov 20, 2016 $1.01
Feb 26, 2017 $1.01 Nov 20, 2016 $1.01
Mar 5, 2017 $1.01 Nov 20, 2016 $1.01
Mar 12, 2017 $1.01 Nov 20, 2016 $1.01
Mar 19, 2017 $1.01 Nov 20, 2016 $1.01
Mar 26, 2017 $1.01 Nov 20, 2016 $1.01
Apr 2, 2017 $1.01 Nov 20, 2016 $1.01
Apr 9, 2017 $1.01 Nov 20, 2016 $1.01
Apr 16, 2017 $1.01 Nov 20, 2016 $1.01
Apr 23, 2017 $1.01 Nov 20, 2016 $1.01
Apr 30, 2017 $1.01 Nov 20, 2016 $1.01
May 7, 2017 $1.01 Nov 20, 2016 $1.01
May 14, 2017 $1.01 Nov 20, 2016 $1.01
May 21, 2017 $1.01 Nov 20, 2016 $1.01
May 28, 2017 $1.01 Nov 20, 2016 $1.01
Jun 4, 2017 $1.01 Nov 20, 2016 $1.01
Jun 11, 2017 $1.01 Nov 20, 2016 $1.01
Jun 18, 2017 $1.01 Nov 20, 2016 $1.01
Jun 25, 2017 $1.01 Nov 20, 2016 $1.01
Jul 2, 2017 $1.01 Nov 20, 2016 $1.01
Jul 9, 2017 $1.01 Nov 20, 2016 $1.01
Jul 16, 2017 $1.01 Nov 20, 2016 $1.01
Jul 23, 2017 $1.01 Nov 20, 2016 $1.01
Jul 30, 2017 $1.01 Nov 20, 2016 $1.01
Aug 6, 2017 $1.01 Nov 20, 2016 $1.01
Aug 13, 2017 $1.01 Nov 20, 2016 $1.01
Aug 20, 2017 $1.01 Nov 20, 2016 $1.01
Aug 27, 2017 $1.01 Nov 20, 2016 $1.01
Sep 3, 2017 $1.01 Nov 20, 2016 $1.01
Sep 10, 2017 $1.01 Nov 20, 2016 $1.01
Sep 17, 2017 $1.01 Nov 20, 2016 $1.01
Sep 24, 2017 $1.01 Nov 20, 2016 $1.01
Oct 1, 2017 $1.01 Nov 20, 2016 $1.01
Oct 8, 2017 $1.01 Nov 20, 2016 $1.01
Oct 15, 2017 $1.01 Nov 20, 2016 $1.01
Oct 22, 2017 $1.01 Nov 20, 2016 $1.01
Oct 29, 2017 $1.01 Nov 20, 2016 $1.01
Nov 5, 2017 $1.01 Nov 20, 2016 $1.01
Nov 12, 2017 $1.01 Nov 20, 2016 $1.01
Nov 19, 2017 $1.01 Nov 20, 2016 $1.01
Nov 26, 2017 $1.01 Nov 20, 2016 $1.01
Dec 3, 2017 $1.01 Nov 20, 2016 $1.01
Dec 10, 2017 $1.01 Nov 20, 2016 $1.01
Dec 17, 2017 $1.01 Nov 20, 2016 $1.01
Dec 24, 2017 $1.01 Nov 20, 2016 $1.01
Dec 31, 2017 $1.01 Nov 20, 2016 $1.01
Jan 7, 2018 $1.01 Nov 20, 2016 $1.01
Jan 14, 2018 $1.01 Nov 20, 2016 $1.01
Jan 21, 2018 $1.01 Nov 20, 2016 $1.01
Jan 28, 2018 $1.01 Nov 20, 2016 $1.01
Feb 4, 2018 $1.01 Nov 20, 2016 $1.01
Feb 11, 2018 $1.01 Nov 20, 2016 $1.01
Feb 18, 2018 $1.01 Nov 20, 2016 $1.01
Feb 25, 2018 $1.01 Nov 20, 2016 $1.01
Mar 4, 2018 $1.01 Nov 20, 2016 $1.01
Mar 11, 2018 $1.01 Nov 20, 2016 $1.01
Mar 18, 2018 $1.01 Nov 20, 2016 $1.01
Mar 25, 2018 $1.01 Nov 20, 2016 $1.01
Apr 1, 2018 $1.01 Nov 20, 2016 $1.01
Apr 8, 2018 $1.01 Nov 20, 2016 $1.01
Apr 15, 2018 $1.01 Nov 20, 2016 $1.01
Apr 22, 2018 $1.01 Nov 20, 2016 $1.01
Apr 29, 2018 $1.01 Nov 20, 2016 $1.01
May 6, 2018 $1.01 Nov 20, 2016 $1.01
May 13, 2018 $1.01 Nov 20, 2016 $1.01
May 20, 2018 $1.01 Nov 20, 2016 $1.01
May 27, 2018 $1.01 Nov 20, 2016 $1.01
Jun 3, 2018 $1.01 Nov 20, 2016 $1.01
Jun 10, 2018 $1.01 Nov 20, 2016 $1.01
Jun 17, 2018 $1.01 Nov 20, 2016 $1.01
Jun 24, 2018 $1.01 Nov 20, 2016 $1.01
Jul 1, 2018 $1.01 Nov 20, 2016 $1.01
Jul 8, 2018 $1.01 Nov 20, 2016 $1.01
Jul 15, 2018 $0.93 Nov 20, 2016 $0.93
Jul 22, 2018 $80.66 Nov 28, 2016 $80.66
Jul 29, 2018 $5.65 Nov 28, 2016 $5.65

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