To buy a printing machine

Nicholas

Ngara, Kenya

100% repaid

Entrepreneur

Name

Nicholas

Member since

June 2017

On-time repayments

79 installments  •  65%

About Me

My name is Nicholas Nyongesa aged 30 years. Since my childhood i have been exemplary in educational work with a never to say-die spirit since my cultural and remote environment did not consider education important. However i realized the importance of opening up my mind through the power of education with excellent performance that attracted well wishers to support my education including government scholarship at my university education. After my university education the entrepreneurial spirit within me arose and i started a data collection business where i could walk in the targeted places to interview the respondents on behalf of my clients undertaking research which i have diversified and currently doing supplies in stationery to nearby schools. My 4 year boy tells me that when he grows up he would like to be a pilot. I read entrepreneurial books during my free time

My Business

I do data collection for researchers undertaking their research works and also supply stationery and food stuffs to nearby schools within the proximity of Nairobi Kenya which is well paying and i wish to explore other markets in neighborhood

Loan Proposal

I will use the loan to buy a printer which will cost KES 12,000. The printer will help me print field questionnaires for my business thus help me reduce the costs i normally incur when i source the services outside my premise. This will in turn double my profit margin since sourcing the services from outside has been my major cost

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$108.00

Date disbursed

Oct 8, 2017

Repayment status

On Time

Projected term

5 weeks

Lenders

G

glh25

Winooski, United States

PG

Paul Graham

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

Gretchen Reibold

Port Royal Sound, United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$107.73

Amount remaining

$0.00

Date repaid

Nov 24, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Oct 21, 2017 $19.79 Oct 24, 2017 $19.79
Oct 28, 2017 $19.79 Oct 31, 2017 $19.79
Nov 4, 2017 $19.79 Nov 8, 2017 $19.79
Nov 11, 2017 $24.18 Nov 13, 2017 $24.18
Nov 18, 2017 $24.17 Nov 20, 2017 $24.17

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