Loan for school to provide short computer lessons

Jailos

Mazabuka, Zambia

100% repaid

Entrepreneur

Name

Jailos

Member since

August 2016

On-time repayments

231 installments  •  72%

About Me

i grew up to the age of 16years at the farm,the only thing i remember about my childhood is that i loved swimming and go hunting.I was raised by my grand parents,I completed my secondary education in 2008 I never had a chance to go to college because no one could pay for my fees.i started my small business in 2012 I raised the capital by working at a petrol station.i started with 1 computer where i used to do my graphic designing but now i have 4 computers and i have an internet connection for people to browse the internet

My Business

My business comprises of photocopying, printing and Internet Cafe,graphic designing,photo printing.
these service are important because am located in CBD and they are alot of goverment offices which need documentation and printing of office documents.
i chose this kind of business because i had a little capital and i needed only invest once
so the computer i bought was the capital asset.
my monthly costs include rent for the premises,salary for my employee and other utility bills. the profit from my business I invest it in my education to pay for tution fees,examinations and yearly subscription.

Loan Proposal

With this loan I will purchase 3 second hand desktops and 3 second hand office chairs, the remaining balance will be used to maintain the physical environment of the office.
The total cost is as follows.

3x desktops @ $195 each =$585
3x office chairs @ $50 each =$150
painting and labour cost =$75
Total expense will be $810

Feedback

2

None

None

  • Treesforpeople    Nov 23, 2018

    Jailos fully repaid the loan, and I would be happy to lend to him again.

    Well done for bringing the internet to people in your community Jailos!

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Loan Info

Project Type

Classic Loan

Disbursed amount

$831.00

Date disbursed

Aug 19, 2018

Repayment status

On Time

Projected term

20 months

Lenders

S

Sinclair55

Burlington, Canada

Cloudways

Malta, Malta

ads68

Melbourne, Australia

G

glh25

Winooski, United States

M

miriamg

Toronto, Canada

GuillaumeTeissier

Montréal, Canada

larry

Sweden

SuperMario28

Cudahy, United States

AKWatson3

Norwalk, United States

Mike and Jacqui

United Kingdom

E

Erich

Zurich, Switzerland

Lotus Flower

United States

L

linda

United States

Isabella

UK, United Kingdom

Thomas

Sweden, Sweden

Stephan W

Witten, Germany

Ed

Howells, United States

Ren

Minneapolis/StPaul, United States

Vratik Krocik

Prague, Czech Republic

Tilman Schweitzer

Mainz, Germany

Jean Wren Chan

United States

JH

Joseph Hwang

Houston, United States

A

Anonymous

United States

Theo

Zürich, Switzerland

KP

Keith Penrod

United States

J

JB

Germany

Elizabeth

Australia

R

Richard

United Kingdom

Outi

Finland

M

marjorie

Netherlands

Cambium Foundation

Kirkland, United States

Amanda Strombeck

United States

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

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  • Jailos    Jun 10, 2022

    i had some serious challenges in business due to COVID ,but im happy to be back again.

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  • Jailos    Mar 23, 2022

    business was very slow,due to the effects of the covid 19 pandemic

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  • Jailos    Jan 31, 2022

    business was not active. but will make the repayment today.

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  • Jailos    Sep 12, 2021

    Business is slow

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  • Jailos    Jul 21, 2021

    Business is slow but will make the repayment as adjusted

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  • Jailos    Jul 16, 2021

    business has been slow due covid 19.
    but i will make the repayment due.

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  • Jailos    Jul 10, 2021

    Business is slow

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  • Jailos    Jun 15, 2021

    business is slow but i will make repayments this week

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  • Jailos    Jun 12, 2021

    Business is slow but I will make sure I send the payment this week

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  • Jailos    Jun 5, 2021

    Due to covid 19 my business became slow.
    But I start making the payments this week.

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  • Jailos    May 31, 2021

    business is a bit slow but will make payments this week

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  • Jailos    May 29, 2021

    business is a bit slow

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  • Jailos    May 19, 2021

    business is a bit slow but i will make the repayments this week

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  • Ramsay    May 13, 2021

    I spoke to Jailos despite his business being slow, he still plans to repay his once generates an income.Thank you

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  • Jailos    May 5, 2021

    business has been slow but am very aware of my repayments and i will make sure i make repayments this week.

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  • Jailos    Apr 14, 2021

    business has been a bit slow
    but i will be repaying on time now

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  • Ramsay    Apr 6, 2021

    I spoke to Jailos he repaid but due to MTN network failure the his repaid failed but as I have to spoken to him to explain he will repay it back today, Thank you lenders for your patience.

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  • Jailos    Mar 26, 2021

    business was a bit slow but am back on track and i will make payments

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  • Wendy Emlyn    Mar 10, 2021

    Hello Jailos.
    Are you able to make any more payments yet?
    God bless you,
    Wendy

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  • Magret    Feb 27, 2021

    Mr Jailos said business has been slow on his end but he will finish up paying for the loan in a couple of days.

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