Power backup inverter and batteries

Sheldon

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Sheldon

Member since

September 2015

On-time repayments

182 installments  •  53%

About Me

I grew up in a middle class family that highly valued education so my parents prioritized fees in their budgets to make sure I was never chased out of school in my entire school life.
I made a decision to start business after being employed for 5 years after learning how companies operate.
Kenyan culture is a unique one due to determination and undying spirit my fellow countrymen possess in everything they persue.
Unique hobby I have is playing table tennis in my free time.

My Business

My business involves supply and consultacy of wireless networking equipment,surveillance cameras and Internet related services.
Internet services are high in demand as most businesses run their day to day operations online hence they are somehow inevitable.
I chose this business because I have a passion in offering technological solutions and I dont struggle learning new techniques.
Typical costs are purchasing inventory,shipping and customs fees.
Most of the profit we reinvest back to business.

Loan Proposal

We intend to acquire power backup for 24 hr operation in case of power blackout with this loan.Inverter is around 200$ and 2x Batteries each 100$
This will increase productivity and enable continuous operation in event of power loss which is becoming a frequent problem
Our profit will increase tremendously as our services will run without interruptions hence happy customers

Feedback

4

None

None

  • Peter Waldie    Mar 27, 2018

    Sheldon paid back his loan fully and on time. I will lend to his project again in the future, and encourage other lenders to do the same.

    Log in to reply • Share
  • camilberlin    Mar 19, 2017

    Paid back full and on time, and let us know how he is doing. Recommended !

    Log in to reply • Share


Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$397.00

Date disbursed

Aug 22, 2016

Repayment status

On Time

Projected term

3 months

Lenders

Paul Buchheit

Mountain View, United States

Laparo

Dusseldorf, Germany

PG

Paul Graham

United States

Mary

Germany

E

EABF

Netherlands

The Zinc Team

San Francisco, United States

A

Anonymous

United States

Ask Sheldon a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Summary

Amount repaid

$416.84

Amount remaining

$0.00

Date repaid

Nov 29, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Aug 30, 2016 $30.25 Sep 5, 2016 $30.25
Sep 6, 2016 $30.25 Sep 5, 2016 $30.25
Sep 13, 2016 $30.25 Sep 19, 2016 $30.25
Sep 20, 2016 $30.25 Sep 19, 2016 $30.25
Sep 27, 2016 $30.25 Oct 3, 2016 $30.25
Oct 4, 2016 $30.25 Oct 3, 2016 $30.25
Oct 11, 2016 $30.25 Oct 15, 2016 $30.25
Oct 18, 2016 $30.25 Oct 15, 2016 $30.25
Oct 25, 2016 $30.25 Nov 1, 2016 $30.25
Nov 1, 2016 $30.25 Nov 1, 2016 $30.25
Nov 8, 2016 $30.25 Nov 13, 2016 $30.25
Nov 15, 2016 $30.25 Nov 13, 2016 $30.25
Nov 22, 2016 $30.25 Nov 29, 2016 $30.25
Nov 29, 2016 $23.60 Nov 29, 2016 $23.60

Loading...