Lawrence
Nyahururu, Kenya
100% repaid
Name
Lawrence
Member since
April 2016
On-time repayments
31 installments • 55%
Hello, lawrence here again, it has been long since i came here but i first decided to concentrate with my studies. i can proudly say that now i have a diploma in Information Communication Technology. i decided to stop any investing activities untill am done.
i have a bigger plan which which will be launched in september 2019, i am planning to start a cybercafe business in the reserve villages where it is hard for people to get computer services.The business require alot of capital to start which my credit limit here does not all me to, thats why am projecting the business 11 months from now. ealier my lemders had given me a loan where i was in pourtly farming and to comment it was not a bad business. so am planning to start small on the moneg you lenders will give me, i have some savings of my own so ill start with 5 hens .As i repay the loan i will continue increasing the size of the birds projecting to 150 in 5 months,I will sell all of the at once, start with younger chicks again repear the same process and by the 11 month ill half raulised a half of what i want. ill come to you again and i believe you will boost me up to be able to raise the remainig amout and achieve my dream business. thanks
I will buy a modem for my desktop because I have been using a mobile phone and tether it to the computer which at times has been slow making me late to submit the work on time. after getting the loan I will add together with my personal savings and buy the modem which costs about $12.
when I get the modem, if will be able to work efficiently and use my phone for other communication purposes. also, I will be able to do a lot of work and save for an efficient laptop that will hold more data and fast service delivery.
later in some months, I'll help some of my friends join the job am doing and ill upgrade and start selling and marketing on jumia and amazon to increase my profit to enhance continuity my farming business.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$10.00
Date disbursed
Apr 25, 2016
Repayment status
On Time
Projected term
2 months
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