Expand freelancing business to include movie store
Grace
Nairobi, Kenya
7% repaid
Entrepreneur
Name
Grace
Member since
August 2014
On-time repayments
155 installments • 5%
About Me
I am 24 years old and engaged. I hold a degree in HR and currently I work at a local company in Nairobi as a transcriber and a virtual assistant. I'm independent and my salary is not able to sustain me and spare enough to start a business, which has always been my dream.
I live in Ruaraka, where there are so many people my age who are going through the same situation as I am, because they are mainly campus students and fresh graduates. I would like to start a business, which will be able to offer small-time jobs for these people.
I like to write. I believe I have a distinct way of looking at life, which I usually express in my writings.
My Business
I would like to start an outsourcing company for internet jobs. This job will include transcription, which is translating oral data to word format or OCR, which stands for Optical Character Recognition. It is the electronic translation of scanned images of handwritten, typewritten or printed text into machine-encoded text. Floor plans where one is required to sketch out rooms for offices and houses. These jobs are outsourced to us from other countries. They are time-flexible and don't require a lot of skills. Training takes a short time, which is either in word format or podcast.
Loan Proposal
I want to expand my online freelancing business by adding a movie store. It's easy to manage both businesses simultaneously because their peak times are different, they target a similar market and require the same equipment. Therefore I would love to get another computer, get a license and a commercial room. My savings can cater for both licensing and renting a room for two months with a surplus of sh. 5,000. The computer I intend to get costs sh. 18,000, I therefore need an additional sh. 13,000.
This will enable me to pay for my school fees as well as have one other person as a part-time employee, apart from an additional 2 freelancers to whom I supply jobs online.
About Me
I am 24 years old,and engaged. I hold a degree in HR and currently i work at a local company in Nairobi as a transcriber and a virtual Assistant. I'm independent and my salary is not able to sustain me and spare enough to start a business, which has always been my dream. I live in Ruaraka where there are so many people my age, who are going through the same situation as I am, because they are mainly campus students and fresh graduates. I would like to start a business which will be able to offer small time jobs for these people. I like to write. I believe I have a distinct way of looking at life which I usually express in my writings.
My Business
I would like to start an outsourcing company for internet jobs. This job will include transcription which is translating oral data to word format, OCR which stands for Optical Character Recognition. It is the electronic translation of scanned images of handwritten, typewritten or printed text into machine-encoded text. Floor plans where one is required to sketch out rooms for offices and houses. These jobs are outsourced to us form other countries. They are time flexible and doesn't require a lot of skills. Training takes a short time which are either in word format or podcast.
Loan Proposal
I want to expand my online freelancing business by adding a movie store. It's easy to manage both businesses simultaneously because their peak times are different, they target a similar market and require the same equipment, Therefore I would love to get another computer, get a license and a commercial room. My savings can cater for both licensing and renting a room for two months with a surplus of sh. 5,000. The computer I intend to get costs sh. 18,000, I therefore need an additional 13,000.
This will enable me to pay for my school fees as well as have one other person as a part time employee, apart from an additional 2 freelancers who I supply jobs online.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$130.00
Date disbursed
Feb 24, 2015
Repayment status
Late
Projected term
33 months
Other loans
Lenders
Rush, United States
Elwood, United States
Bangkok, Thailand
Port Washington, NY, United States
Östersund, Sweden
Arlington, United States
London, Ontario, Canada
Brisbane, Australia
Perth, Australia
Doha, Qatar
Lake Elsinore, United States
Jake Gibson and Beverly Picardo
San Francisco, United States
Summary
Amount repaid
$11.11
Amount remaining
$139.62
Expected completion
Dec 10, 2017
Status
Repaying late
Installment amount
$1.11
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 8, 2015 | $1.86 | Mar 25, 2015 | $1.86 |
| Mar 15, 2015 | $1.86 | Mar 25, 2015 | $1.86 |
| Mar 22, 2015 | $0.73 | Mar 25, 2015 | $0.73 |
| Mar 29, 2015 | $0.00 | ||
| Apr 5, 2015 | $0.00 | ||
| Apr 12, 2015 | $0.00 | ||
| Apr 19, 2015 | $0.00 | ||
| Apr 26, 2015 | $0.00 | ||
| May 3, 2015 | $0.00 | ||
| May 10, 2015 | $0.00 | ||
| May 17, 2015 | $0.00 | ||
| May 24, 2015 | $0.00 | ||
| May 31, 2015 | $0.00 | ||
| Jun 7, 2015 | $0.00 | ||
| Jun 14, 2015 | $1.11 | Jun 13, 2015 | $1.11 |
| Jun 21, 2015 | $1.11 | Aug 14, 2015 | $1.11 |
| Jun 28, 2015 | $1.11 | Aug 14, 2015 | $1.11 |
| Jul 5, 2015 | $1.11 | Aug 14, 2015 | $1.11 |
| Jul 12, 2015 | $1.11 | Aug 14, 2015 | $1.11 |
| Jul 19, 2015 | $1.11 | Aug 14, 2015 | $1.11 |
| Jul 26, 2015 | $1.11 | ||
| Aug 2, 2015 | $1.11 | ||
| Aug 9, 2015 | $1.11 | ||
| Aug 16, 2015 | $1.11 | ||
| Aug 23, 2015 | $1.11 | ||
| Aug 30, 2015 | $1.11 | ||
| Sep 6, 2015 | $1.11 | ||
| Sep 13, 2015 | $1.11 | ||
| Sep 20, 2015 | $1.11 | ||
| Sep 27, 2015 | $1.11 | ||
| Oct 4, 2015 | $1.11 | ||
| Oct 11, 2015 | $1.11 | ||
| Oct 18, 2015 | $1.11 | ||
| Oct 25, 2015 | $1.11 | ||
| Nov 1, 2015 | $1.11 | ||
| Nov 8, 2015 | $1.11 | ||
| Nov 15, 2015 | $1.11 | ||
| Nov 22, 2015 | $1.11 | ||
| Nov 29, 2015 | $1.11 | ||
| Dec 6, 2015 | $1.11 | ||
| Dec 13, 2015 | $1.11 | ||
| Dec 20, 2015 | $1.11 | ||
| Dec 27, 2015 | $1.11 | ||
| Jan 3, 2016 | $1.11 | ||
| Jan 10, 2016 | $1.11 | ||
| Jan 17, 2016 | $1.11 | ||
| Jan 24, 2016 | $1.11 | ||
| Jan 31, 2016 | $1.11 | ||
| Feb 7, 2016 | $1.11 | ||
| Feb 14, 2016 | $1.11 | ||
| Feb 21, 2016 | $1.11 | ||
| Feb 28, 2016 | $1.11 | ||
| Mar 6, 2016 | $1.11 | ||
| Mar 13, 2016 | $1.11 | ||
| Mar 20, 2016 | $1.11 | ||
| Mar 27, 2016 | $1.11 | ||
| Apr 3, 2016 | $1.11 | ||
| Apr 10, 2016 | $1.11 | ||
| Apr 17, 2016 | $1.11 | ||
| Apr 24, 2016 | $1.11 | ||
| May 1, 2016 | $1.11 | ||
| May 8, 2016 | $1.11 | ||
| May 15, 2016 | $1.11 | ||
| May 22, 2016 | $1.11 | ||
| May 29, 2016 | $1.11 | ||
| Jun 5, 2016 | $1.11 | ||
| Jun 12, 2016 | $1.11 | ||
| Jun 19, 2016 | $1.11 | ||
| Jun 26, 2016 | $1.11 | ||
| Jul 3, 2016 | $1.11 | ||
| Jul 10, 2016 | $1.11 | ||
| Jul 17, 2016 | $1.11 | ||
| Jul 24, 2016 | $1.11 | ||
| Jul 31, 2016 | $1.11 | ||
| Aug 7, 2016 | $1.11 | ||
| Aug 14, 2016 | $1.11 | ||
| Aug 21, 2016 | $1.11 | ||
| Aug 28, 2016 | $1.11 | ||
| Sep 4, 2016 | $1.11 | ||
| Sep 11, 2016 | $1.11 | ||
| Sep 18, 2016 | $1.11 | ||
| Sep 25, 2016 | $1.11 | ||
| Oct 2, 2016 | $1.11 | ||
| Oct 9, 2016 | $1.11 | ||
| Oct 16, 2016 | $1.11 | ||
| Oct 23, 2016 | $1.11 | ||
| Oct 30, 2016 | $1.11 | ||
| Nov 6, 2016 | $1.11 | ||
| Nov 13, 2016 | $1.11 | ||
| Nov 20, 2016 | $1.11 | ||
| Nov 27, 2016 | $1.11 | ||
| Dec 4, 2016 | $1.11 | ||
| Dec 11, 2016 | $1.11 | ||
| Dec 18, 2016 | $1.11 | ||
| Dec 25, 2016 | $1.11 | ||
| Jan 1, 2017 | $1.11 | ||
| Jan 8, 2017 | $1.11 | ||
| Jan 15, 2017 | $1.11 | ||
| Jan 22, 2017 | $1.11 | ||
| Jan 29, 2017 | $1.11 | ||
| Feb 5, 2017 | $1.11 | ||
| Feb 12, 2017 | $1.11 | ||
| Feb 19, 2017 | $1.11 | ||
| Feb 26, 2017 | $1.11 | ||
| Mar 5, 2017 | $1.11 | ||
| Mar 12, 2017 | $1.11 | ||
| Mar 19, 2017 | $1.11 | ||
| Mar 26, 2017 | $1.11 | ||
| Apr 2, 2017 | $1.11 | ||
| Apr 9, 2017 | $1.11 | ||
| Apr 16, 2017 | $1.11 | ||
| Apr 23, 2017 | $1.11 | ||
| Apr 30, 2017 | $1.11 | ||
| May 7, 2017 | $1.11 | ||
| May 14, 2017 | $1.11 | ||
| May 21, 2017 | $1.11 | ||
| May 28, 2017 | $1.11 | ||
| Jun 4, 2017 | $1.11 | ||
| Jun 11, 2017 | $1.11 | ||
| Jun 18, 2017 | $1.11 | ||
| Jun 25, 2017 | $1.11 | ||
| Jul 2, 2017 | $1.11 | ||
| Jul 9, 2017 | $1.11 | ||
| Jul 16, 2017 | $1.11 | ||
| Jul 23, 2017 | $1.11 | ||
| Jul 30, 2017 | $1.11 | ||
| Aug 6, 2017 | $1.11 | ||
| Aug 13, 2017 | $1.11 | ||
| Aug 20, 2017 | $1.11 | ||
| Aug 27, 2017 | $1.11 | ||
| Sep 3, 2017 | $1.11 | ||
| Sep 10, 2017 | $1.11 | ||
| Sep 17, 2017 | $1.11 | ||
| Sep 24, 2017 | $1.11 | ||
| Oct 1, 2017 | $1.11 | ||
| Oct 8, 2017 | $1.11 | ||
| Oct 15, 2017 | $1.11 | ||
| Oct 22, 2017 | $1.11 | ||
| Oct 29, 2017 | $1.11 | ||
| Nov 5, 2017 | $1.11 | ||
| Nov 12, 2017 | $1.11 | ||
| Nov 19, 2017 | $1.11 | ||
| Nov 26, 2017 | $1.11 | ||
| Dec 3, 2017 | $1.11 | ||
| Dec 10, 2017 | $1.84 | ||
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