The project needs 56,000 and we have raised 36,000/ from our savings. we have used 16,000/ to pay 2 months rent and have...
John
Kayole, Embakasi Central, Kenya
100% repaid
Entrepreneur
Name
John
Member since
January 2014
On-time repayments
371 installments • 78%
About Me
I Am a God fearing man who has a passion of helping the needy within the society, Am honest, hard working, social, adventurous and ambitious. i love farming, swimming, traveling, making new friends, going for hikes and road trips, learning new technology and skills, helping the needy through equipping them with business skills etc. professionally am a computer programmer who also does computer networking, web development, IT related consultation services and graphic design. apart from that i also do part time jobs like teaching basic computing skills to form four leavers in one of my neighboring cyber, i also do team building facilitation with a company called Motivation solutions. From these job opportunities i have managed to purchase a car that is currently operating as a town cab or taxi, i have also been able to rent a small piece of land that i use for agricultural search purposes
My Business
I Am an IT expert working with Bluegel Technology apart from my professional job i do have other side businesses that am working towards their growth and expansion. my source of income is derived from my IT job, a Taxi business that i run as a side job, my facilitation as a part time team builder and a small service charge that i get from training form four/ secondary school leaver computing skill in one of the neighboring cyber near my home. i would like to expand my taxi business by purchasing a 32 seater mini bus so that i could now venture into the public transportation business which is very much profitable, apart from that i would also like to venture into the agricultural sector since i also have a passion of farming and growing organic farm produce
Loan Proposal
i have already partnered with one of my friends and we have decided to rent out a facility which we shall use as a cyber cafe' and a training facility for form four leavers and other interested party that would like to learn computing skills, the facility has already been paid for and all we require is capital to purchase about 5 second hand computers, 1 printer and a photocopy machine. About the repayment, i choose to pay the loan from my taxi business that i had indicated on my profile, the taxi normally brings a profit of about Ksh1,500/- on a weekly basis, furthermore once the cyber business is in full gear, i shall also use it to repay the loan amount.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$250.00
Date disbursed
Jan 28, 2014
Repayment status
On Time
Projected term
7 months
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