Purchase of office furniture

Richard Ombachi

Nanyuki, Kenya

100% repaid

Entrepreneur

Name

Richard Ombachi

Member since

August 2015

On-time repayments

98 installments  •  62%

About Me

i am the 6th in a family of 13 children. after high school level i decided to pursue my destiny by refusing to pursue medicine as my parents suggested thus i followed the path of doing numbers as in i loved mathematics and thus i pursed anything that requires calculation and coming up with a desirable figure. in that passion i have pursued accountancy and i am through with all level of certified public accountants. i am pursuing a degree on the same. i am married to an accountant who also chose to join Kenya army and we are blessed with baby girl now two (2) years.

My Business

i have established a firm whereby i offer auditing, accounting, consultancy and agency services to the public. i have been working under senior auditors to gain experience which i have gained and i decided to start my own firm.
before the aforesaid addition i have been running a small business whereby i stock stationary and supply to my customers within and without Nanyuki town. i also own photocopier and computers to undertake photocopying and typesetting work. i have acquired substantial clientele that sustains my business and puts food on my table.
the business stands on its own whereby there is a good profit margin it maintains after payment of salaries, bills and rents.
out of the said business i was able to establish an office for consultancy and agency related services.

Loan Proposal

as a result of expansion of my business there has been need to add more furniture for use in the office. i require to add a table and two office chairs all approximate of 80 dollars. once purchased we expect our output to increase by 30%.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$77.24

Date disbursed

May 25, 2018

Repayment status

On Time

Projected term

8 weeks

Cost to entrepreneur

Service fee: $3.25

Credit risk payment: $6.50

Lenders

Kitty

Hailsham, United Kingdom

Cloudways

Malta, Malta

S

Stephan

Netherlands

W

Wade

United States

RS

Rick Smith

Cuenca, Equador

Paul Buchheit

Mountain View, United States

Michael Bauschke

Dresden, Germany

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

Loading...

Loading...

Loading...