Purchase of hp laptop

Victor Ngeno

Machorw, Kenya

17% repaid

Entrepreneur

Name

Victor Ngeno

Member since

November 2013

On-time repayments

318 installments  •  9%

About Me

I am graduate from Kenya Polytechnic University College and currently am running a computer training at Eagle Computers Ltd,Located in Kericho county Moi Road Opp Uhuru Garden 3rd Floor. The reason for applying Zidisha loan is for purpose of expansion especially with latest printing machines and adding at least 10 other brand new computers to improve the intake capacity.There is good potential to improve in these area and offer latest Hardware and Software Technology to meet the current job market demand especially in the field of ICT and others in general. The building capability towards this area will be achieved through investing in latest technologies in field so as to generate more income and contribute positively in the society and also improve the people's livelihood. I have long term commitment to contribute in repaying of the acquired loan. Thanks.

My Business

The source of income is mainly through the tuition fee on what we charge the students;
Computer Packages @ Kes 2,500
Video Editing @ Kes 12,000
Web Design @ 7,000
Normally in a month we get between 15-25 students which can give us a minimum of Kes 37,500 per month. For loan repayment details will be purely through the income generated from the Business. The business has been in place for 5 yrs now and our monthly expenditure normally is around Kes 15,000 which gives a profit of a bout Kes 20,000 per month.

Loan Proposal

The intended loan form Zidisha will be used to purchase HP Laptop at $300, so as to improve and increase the work flow. The laptop will be also used at home to carry other tasks for the business like Online writing jobs for Academic research purposes. The orders for academic research are many and I need to work at home especially at night during odd hours away from the office. The monthly income from the online writing job is $350 per month, this income is normally used for payment of rent and school fees for my daughter who is in class two at Bright Horizon Academy. Specifications for the laptop are 500 GB HDD, 4 GB RAM, speed of 3.2 Ghz and core i3 processor.Best regards

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$293.45

Date disbursed

Jan 26, 2015

Repayment status

Late

Projected term

70 months

Cost to entrepreneur

Lender interest: $293.45 at 4.62% annual rate over 70 months = $78.96

Service fee: $66.40

Lenders

BelleStarr

Albuquerque, United States

E

Ehaffey

Washington D.C., United States

L

lmuenchen

Munich, Germany

C

ColinPlatt

Montgomery Village, United States

I

ideerge

Mountain View, United States

EHTHighSchool

Egg Harbor Township, United States

M

minynlca

San Diego, United States

Tilius

Oslo, Norway

Straetman

Kaarst, Germany

J

jozua

Delft, Netherlands

G

gt2016c

Birchgrove, Australia

S

searthsong

Colorado Springs, United States

Tjitser

The Hague, Netherlands

A

AJCortens

Boise, ID, United States

H

Hynek

Brussels, Belgium

J

jjcharlie

chicago, United States

ZlataRoy

Cheltenham, United Kingdom

F

FaaThailand

Bangkok, Thailand

sarasofia

Stockholm, Sweden

Zidisha

Sterling, United States

S

Steveandson

Arlington, United States

DaveinPerth

Perth, Australia

BJ

Brandon Joz

North Carolina, United States

S

scrabblelives

Nashville, United States

Jeff and Marcie

Portland, OR, United States

E

Elisa

Espoo, Finland

RockinRobin

Centennial CO, United States

MichaelR

Los Angeles, United States

C

CheesemanDan

Shanghai, China

Krtecek

Balzers, Liechtenstein

Crestwood

Hamburg, Germany

P

proby24

Singapore, Singapore

T

tmsaddress

Orlando, Florida, United States

A

ArcticOne

Medicine Hat, Canada

cattlebaron

Pierre, SD, United States

pbosakov

Sofia, Bulgaria

J

jimmydjjr

Gautier, United States

dajawein

Gladstone, Australia

M

missjoyy

Munich, Germany

andreasol

Bielefeld, Germany

P

portlandloans

Portland, United States

R

RichardH

Manchester, United Kingdom

Susansfund

Colorado Springs, United States

G

glomardor

Leonardtown, United States

M

markusfitza

College Station, United States

S

Sabine

Courtenay, Canada

B

boourns

Newmarket, United Kingdom

DukusP

Glendale, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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