Name
Boniface
Member since
August 2016
On-time repayments
59 installments • 14%
I am a 2nd born to a financially humble family of 5. I started my education very late when all my age mates had already moved several classes ahead. This is due financial situation of my parents. Later, I went to Soon primary for my primary school education. I did very well. Went to secondary having my uncle paying for my fee and later joined Polytechnic where I did beauty therapy. I graduated from the college but finding employment was hard.
I offer cyber service at 1kshs per minute. Printing at $0.05 per page. Photocopy is at $0.02 per page. The business is not so bad, it gives me reasonable income per month. To an average, it is $51 per month. This is a good amount for a start since I have few computers. The amount I get, I reinvest to business and also pay house rent.
I have a printer which has been breaking down more often I will use the loan to buy another new printer which goes for $35. Since I don't have the full amount, the loan will help me on that. This will increase my income by at least 32%.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$11.00
Date disbursed
Aug 31, 2016
Repayment status
On Time
Projected term
2 months
Other loans
Ask Boniface a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.