New computers and accessories for my business

Stephen

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Stephen

Member since

January 2015

On-time repayments

186 installments  •  48%

About Me

I am an entrepreneur and a software engineer. I have schooled at different schools like Nyeri High School, Strathmore University and the University of Nairobi.

I have a strong passion for information communication technology (ICT) and use it to provide several solutions to my clients and community. I spend enough time updating myself with the latest technologies to make me a better software developer. I also have some certified public accountant (CPA) training which helps me in my day to day running of my businesses.

I believe so much in mentoring and in offering guidance especially to the upcoming young people. To this end, i usually attend and even host some programming groups and camps.

During my free time, i participate in some community development either through some NGO's or by visiting/aiding the less fortunate people like the sick children in some hospitals.

My Business

I run a legally registered Information Technology company called Kensoft Limited dealing mostly with web and mobile based application development. I provide mobile solutions like corporate bulk sms solutions and payments, travel/hospitality booking systems, web development, domain registration, web hosting and software solutions to both corporate and individual clients.

Loan Proposal

I want to add the loan to some money i have to be able to buy new computers and servers so that i can increase my productivity and the hosting space available for sale to my clients.

A good computer will cost me from around $350 to $500 in Kenya. Extra server space will cost me around $50 a month for the upgrade.

Feedback

3

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$243.00

Date disbursed

May 31, 2017

Repayment status

On Time

Projected term

4 months

Lenders

M

Mårten

Inden, Switzerland

ibc123

Seattle, United States

Paul Buchheit

Mountain View, United States

Leonardia

Waddinxveen, Netherlands

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

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  • Janice    Dec 29, 2020

    I reminded him to settle his loan instalment immediately and update the lenders too.

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  • Janice    Nov 26, 2020

    He will be paying next month and make his account on time.

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  • Timothy    Oct 8, 2020

    Gitau said his clients are delaying to make repayment, this has affected her loan repayment.

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  • Timothy    Sep 8, 2020

    I contacted Gitau and he shared with me that his clients are delaying to pay him on time that's why he is delaying to make repayment. He agreed to adjust the installment amount and make repayment by next month.

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  • Stephen    Jul 26, 2020

    Delay in payments from clients.

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  • Stephen    May 24, 2020

    Delay in payments from clients

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  • Stephen    Mar 17, 2020

    Delay in payments.

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  • Stephen    Feb 3, 2020

    Payment delays from clients

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  • Stephen    Oct 28, 2019

    I have been away from work due to some accident.

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  • Stephen    Aug 20, 2019

    Cash flow problems due to delayed invoice payment.

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  • Caroline    Jul 10, 2019

    Stephen has promised to continue pay the loan and is grateful to the lenders.

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  • Stephen    Jun 13, 2019

    Dear Lenders,

    Thank you for your kind help to me. I will diligently use the cash to hire an additional staff member to help me with the workload. May God grant you more for your needs and to enable you help others in need like me.

    Steve

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  • Stephen    Jun 7, 2019

    Dear Lenders,

    Thanks alot for your continued support. Your help has been truly helpful in helping me achieve my goals and to efficiently run my business.

    I managed to buy two different computers with the help of the last loan (one running Windows and the other running on Linux). With these two different computers i am able to develop and test my clients work to their satisfaction using the different environments.

    May blessings be upon you and may the Almighty provide you to cater for your needs and to help other deserving individuals like me.

    Yours sincerely,

    Steve

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  • Stephen    Jan 23, 2019

    @Marten. Thanks for your understanding and all the best in your endavours.

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  • Stephen    Jan 21, 2019

    Delay of payment from suppliers.

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    • Mårten    Jan 22, 2019

      Belated New Year's Greetings, and thank you for the update (suffering my own share of delaying suppliers right now, so you have all my sympathy)! More than half paid back; it won't be long now.

      All the best,
      Mårten

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  • Stephen    Nov 29, 2018

    I have stabilized.

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  • Luke    Oct 6, 2018

    Very positive and has promised to continue paying

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  • Luke    Jun 25, 2018

    Promised to clear the whole balance this week

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  • Stephen    Dec 7, 2017

    Readjustment

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