Upgrading of my computers

Paul

Maaimahiu, Kenya

63% repaid

Entrepreneur

Name

Paul

Member since

December 2014

On-time repayments

136 installments  •  18%

About Me

Am Paul Kiratu from Maaimahiu town Naivasha Sub county Nakuru county in Kenya.I was born at Limuru town Kiambu county and schooled at Manguo Primary school and later Ngenia high school where I sat for my o level exams. After school I came to Maaimahiu to look for casual jobs as a work hand at a construction site. by saving a little of my wages I bought my first computer. I started the job in 2011 and I have seen it grow up to now. Am married and a father of two kids, one aged six and the other two. I feed them from my job.

My Business

I run a cybercafe at Maaimahiu town which offers several services like photocopy, typesetting, lamination, internet among other services. I opened the cyber four years ago. I started with one computer and a desk jet printer. currently I have three computers and two laser jet printers, one which I bought with my first loan. I also have two chairs and a bench which are used by the customers. I started this job since I saw need and gaps in the industry within the town. I did not have prior computer knowledge but I learnt by practice and can now handle almost all computer tasks. I make about 8 dollars a day, and about 240 dollars per month. I will use these proceeds to repay the loan.

Loan Proposal

With my second loan, I plan to upgrade my current computers to modern ones and faster ones. All of them are p3, 1.3ghz and 10gb hard disk and a RAM of 128 mb. My plan is to buy two new computers, p4, duocore 2.6, 250gb hard disk, and RAM 2gb. Each computer will go for about 100 dollars. Thew will go a long way towards improving my work rate and therefore returns.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$231.00

Date disbursed

May 29, 2015

Repayment status

Late

Projected term

27 months

Other loans

Lenders

PG

Paul Graham

United States

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