Starting a new business branch

Samson

Kithimani, Kenya

3% repaid

Entrepreneur

Name

Samson

Member since

July 2016

On-time repayments

141 installments  •  25%

About Me

Coming from a poor back I was sponsored by Action aid to school. I managed a Bcomm degree.
By the time I finished my University education I knew I have a heart for business. I wanted to do business.
After looking for a good job for a few years, I realized I could be wasting my time. I settled for self employment.
I started a Cyber cafe, Yatta, Machakos County. I am a monopoly in the area.

My Business

I ran a cyber cafe business in Kithimani, Yatta in Machakos County, where I provide the following services among others:
- Internet services
- Computer Training
- Typesetting
- Gaming and games
- etc
The reliability of my internet services and the fact that I am a monopoly encourages me to put more efforts towards building up a stronger brand in Yatta Sub-County.
- I am married with three kids. One has just joined University.
- i am looking for a way build some realiable power supply for the business since The region is prone to frequent power black outs which highly affects my power-intensive business.

Loan Proposal

Being experienced in cybercafe business for more than five years, and having exploited my current market it is the high time I went for another branch. With this loan I wish to open a new branch to tap the potential in tthat prospective location also.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$964.00

Date disbursed

Sep 10, 2017

Repayment status

Late

Projected term

6 months

Lenders

The Zinc Team

San Francisco, United States

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$25.25

Amount remaining

$939.66

Expected completion

Oct 4, 2019

Status

Repaying late

Installment amount

$9.89

Repayment History

Expected Payments Actual Payments
Sep 22, 2017 $0.00
Sep 29, 2017 $0.00
Oct 6, 2017 $0.00
Oct 13, 2017 $0.00
Oct 20, 2017 $0.00
Oct 27, 2017 $0.00
Nov 3, 2017 $0.00
Nov 10, 2017 $0.00
Nov 17, 2017 $0.00
Nov 24, 2017 $9.89 Nov 21, 2017 $9.89
Dec 1, 2017 $9.89 Dec 6, 2017 $9.89
Dec 8, 2017 $9.89 Feb 13, 2020 $0.85
Nov 26, 2020 $0.85
Jun 10, 2021 $0.99
Jul 6, 2021 $0.79
Jul 29, 2021 $0.99
Jun 30, 2022 $0.99
Dec 15, 2017 $9.89
Dec 22, 2017 $9.89
Dec 29, 2017 $9.89
Jan 5, 2018 $9.89
Jan 12, 2018 $9.89
Jan 19, 2018 $9.89
Jan 26, 2018 $9.89
Feb 2, 2018 $9.89
Feb 9, 2018 $9.89
Feb 16, 2018 $9.89
Feb 23, 2018 $9.89
Mar 2, 2018 $9.89
Mar 9, 2018 $9.89
Mar 16, 2018 $9.89
Mar 23, 2018 $9.89
Mar 30, 2018 $9.89
Apr 6, 2018 $9.89
Apr 13, 2018 $9.89
Apr 20, 2018 $9.89
Apr 27, 2018 $9.89
May 4, 2018 $9.89
May 11, 2018 $9.89
May 18, 2018 $9.89
May 25, 2018 $9.89
Jun 1, 2018 $9.89
Jun 8, 2018 $9.89
Jun 15, 2018 $9.89
Jun 22, 2018 $9.89
Jun 29, 2018 $9.89
Jul 6, 2018 $9.89
Jul 13, 2018 $9.89
Jul 20, 2018 $9.89
Jul 27, 2018 $9.89
Aug 3, 2018 $9.89
Aug 10, 2018 $9.89
Aug 17, 2018 $9.89
Aug 24, 2018 $9.89
Aug 31, 2018 $9.89
Sep 7, 2018 $9.89
Sep 14, 2018 $9.89
Sep 21, 2018 $9.89
Sep 28, 2018 $9.89
Oct 5, 2018 $9.89
Oct 12, 2018 $9.89
Oct 19, 2018 $9.89
Oct 26, 2018 $9.89
Nov 2, 2018 $9.89
Nov 9, 2018 $9.89
Nov 16, 2018 $9.89
Nov 23, 2018 $9.89
Nov 30, 2018 $9.89
Dec 7, 2018 $9.89
Dec 14, 2018 $9.89
Dec 21, 2018 $9.89
Dec 28, 2018 $9.89
Jan 4, 2019 $9.89
Jan 11, 2019 $9.89
Jan 18, 2019 $9.89
Jan 25, 2019 $9.89
Feb 1, 2019 $9.89
Feb 8, 2019 $9.89
Feb 15, 2019 $9.89
Feb 22, 2019 $9.89
Mar 1, 2019 $9.89
Mar 8, 2019 $9.89
Mar 15, 2019 $9.89
Mar 22, 2019 $9.89
Mar 29, 2019 $9.89
Apr 5, 2019 $9.89
Apr 12, 2019 $9.89
Apr 19, 2019 $9.89
Apr 26, 2019 $9.89
May 3, 2019 $9.89
May 10, 2019 $9.89
May 17, 2019 $9.89
May 24, 2019 $9.89
May 31, 2019 $9.89
Jun 7, 2019 $9.89
Jun 14, 2019 $9.89
Jun 21, 2019 $9.89
Jun 28, 2019 $9.89
Jul 5, 2019 $9.89
Jul 12, 2019 $9.89
Jul 19, 2019 $9.89
Jul 26, 2019 $9.89
Aug 2, 2019 $9.89
Aug 9, 2019 $9.89
Aug 16, 2019 $9.89
Aug 23, 2019 $9.89
Aug 30, 2019 $9.89
Sep 6, 2019 $9.89
Sep 13, 2019 $9.89
Sep 20, 2019 $9.89
Sep 27, 2019 $9.89
Oct 4, 2019 $5.33

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