Name
Stephen
Member since
July 2016
On-time repayments
190 installments • 52%
Am a hardworking, innovative young man. I schooled through hardship where my parents could not maintain paying school fees. My mother had to make chapatis to subsidize the meager salary from govt. At the age of 12, an uncle gave my mother his fridge for safe keeping. My mum took advantage and taught me how to make flavored ice sticks which i could take to the market on Sundays and sell. At the end of the sales, i could bring home some 50 kshs which afforded dinner. This inspired me and cultivated my career as a businessman. At secondary school I sold eggs to subsidize the kitchen budget and my pocket money, hence mum could concentrate her efforts on school fees. I managed to go through college where i did odd jobs at my free time to boost my fees. After college, there was no employment so i had to be innovative, thus the idea of a cyber cafe was born. I could earn money from getting casual jobs and use the money to purchase equipments one at a time. I bought, a Monitor, later on bought a CPU, then finally a printer, i got a loan from a relative and built a stall where i established the computer services bureau in the year 2008 January, worked hard and bought another computer in May 2008, and a photocopier in October 2008.
My business in a service business in the printing industry. I offer typing, printing, photocopy, internet and photography services. I draw clients from the environs of my premises and far away since i have learned the customers needs. I strive to satisfy my customers hence av managed to be consistent for the last 9 years. My clients are the churches and hotels nearby who do bulk printing and copies for seminars and monthly consumption, schools that do a lot of exam typing , printing and copying, individuals who work for organizations that have a lot of community field work and bring their reports for typing, printing and copies or posting on the internet in the evening when other cybers have closed since i work till late and their field work ends in the evening. There are also Universities and colleges around my business whose students require copies of handouts, project report typing, printing and binding. I also sell sodas and snacks, do passport photos, T-shirt printing, and Banners.
My business has managed to, settle medical bills during delivery of my children, and it has sustained my family while expanding. it started with one computer and one small 3 in 1 printer, which have generated more computers and a photocopier, stable internet connection with WIFI for customers. It established an eatery/cold drink cafe, with WIFI connection. I intend to buy a bigger digital color printer by the end of this year to print campaign materials for aspirants in the coming 2017 general elections.
I will spend this loan on purchasing a full color digital printer worth $1300. If I receive $900, I will top up with my savings of $400 to meet the cost of the machine. This machine will increase my income since customers have been asking for digital color prints of brochures, posters, flyers etc. I project an average gain of $10 daily since a single A3 printout costs $0.5 and A4 cost $0.3. This means that i will be generating $40 a day from the current $30. It will also need to hire another staff to help in the growing business thus contributing to job/wealth creation to the jobless graduates.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$945.99
Date disbursed
Aug 23, 2018
Repayment status
Late
Projected term
21 months
Other loans
Amount repaid
$374.98
Amount remaining
$571.55
Expected completion
May 29, 2020
Status
Repaying late
Installment amount
$4.93
Expected Payments | Actual Payments | ||
---|---|---|---|
Aug 31, 2018 | $19.71 | Sep 1, 2018 | $19.71 |
Sep 7, 2018 | $19.71 | Sep 15, 2018 | $9.85 |
Sep 18, 2018 | $8.87 | ||
Sep 22, 2018 | $0.99 | ||
Sep 14, 2018 | $19.71 | Sep 22, 2018 | $9.85 |
Oct 20, 2018 | $9.85 | ||
Sep 21, 2018 | $19.71 | Oct 20, 2018 | $0.99 |
Nov 1, 2018 | $14.78 | ||
Nov 30, 2018 | $3.94 | ||
Sep 28, 2018 | $19.71 | Nov 30, 2018 | $15.77 |
Dec 11, 2018 | $3.94 | ||
Oct 5, 2018 | $19.71 | Dec 11, 2018 | $19.71 |
Oct 12, 2018 | $19.71 | Dec 11, 2018 | $0.49 |
Dec 14, 2018 | $19.22 | ||
Oct 19, 2018 | $19.71 | Dec 14, 2018 | $19.71 |
Oct 26, 2018 | $10.35 | Dec 14, 2018 | $10.35 |
Nov 2, 2018 | $0.00 | ||
Nov 9, 2018 | $0.00 | ||
Nov 16, 2018 | $0.00 | ||
Nov 23, 2018 | $0.00 | ||
Nov 30, 2018 | $0.00 | ||
Dec 7, 2018 | $0.00 | ||
Dec 14, 2018 | $0.00 | ||
Dec 21, 2018 | $0.00 | ||
Dec 28, 2018 | $0.00 | ||
Jan 4, 2019 | $0.00 | ||
Jan 11, 2019 | $4.93 | Feb 1, 2019 | $4.93 |
Jan 18, 2019 | $4.93 | Feb 1, 2019 | $4.93 |
Jan 25, 2019 | $4.93 | Feb 1, 2019 | $4.93 |
Feb 1, 2019 | $4.93 | Feb 1, 2019 | $4.93 |
Feb 8, 2019 | $4.93 | Feb 1, 2019 | $4.93 |
Feb 15, 2019 | $19.71 | Feb 1, 2019 | $14.78 |
Feb 13, 2019 | $4.93 | ||
Feb 22, 2019 | $19.71 | Feb 23, 2019 | $19.71 |
Mar 1, 2019 | $19.71 | Mar 2, 2019 | $19.71 |
Mar 8, 2019 | $19.71 | Mar 9, 2019 | $19.71 |
Mar 15, 2019 | $19.71 | Mar 19, 2019 | $19.22 |
Mar 23, 2019 | $0.49 | ||
Mar 22, 2019 | $19.71 | Mar 23, 2019 | $0.49 |
Mar 28, 2019 | $19.22 | ||
Mar 29, 2019 | $0.49 | Mar 28, 2019 | $0.49 |
Apr 5, 2019 | $0.00 | ||
Apr 12, 2019 | $4.93 | Apr 26, 2019 | $4.93 |
Apr 19, 2019 | $4.93 | Apr 26, 2019 | $4.93 |
Apr 26, 2019 | $4.93 | Aug 13, 2019 | $4.93 |
May 3, 2019 | $4.93 | Aug 13, 2019 | $4.93 |
May 10, 2019 | $4.93 | Aug 13, 2019 | $4.93 |
May 17, 2019 | $19.71 | Aug 23, 2019 | $4.93 |
Aug 23, 2019 | $4.93 | ||
Sep 5, 2019 | $9.85 | ||
May 24, 2019 | $4.93 | Sep 10, 2019 | $4.93 |
May 31, 2019 | $0.00 | ||
Jun 7, 2019 | $0.00 | ||
Jun 14, 2019 | $0.00 | ||
Jun 21, 2019 | $0.00 | ||
Jun 28, 2019 | $0.00 | ||
Jul 5, 2019 | $0.00 | ||
Jul 12, 2019 | $0.00 | ||
Jul 19, 2019 | $0.00 | ||
Jul 26, 2019 | $0.00 | ||
Aug 2, 2019 | $0.00 | ||
Aug 9, 2019 | $0.00 | ||
Aug 16, 2019 | $0.00 | ||
Aug 23, 2019 | $0.00 | ||
Aug 30, 2019 | $0.00 | ||
Sep 6, 2019 | $0.00 | ||
Sep 13, 2019 | $0.00 | ||
Sep 20, 2019 | $0.00 | ||
Sep 27, 2019 | $0.00 | ||
Oct 4, 2019 | $0.00 | ||
Oct 11, 2019 | $4.93 | Feb 9, 2022 | $4.93 |
Oct 18, 2019 | $4.93 | Feb 9, 2022 | $4.93 |
Oct 25, 2019 | $4.93 | Feb 14, 2022 | $4.46 |
Nov 1, 2019 | $4.93 | ||
Nov 8, 2019 | $4.93 | ||
Nov 15, 2019 | $19.71 | ||
Nov 22, 2019 | $19.71 | ||
Nov 29, 2019 | $19.71 | ||
Dec 6, 2019 | $19.71 | ||
Dec 13, 2019 | $19.71 | ||
Dec 20, 2019 | $19.71 | ||
Dec 27, 2019 | $19.71 | ||
Jan 3, 2020 | $19.71 | ||
Jan 10, 2020 | $19.71 | ||
Jan 17, 2020 | $19.71 | ||
Jan 24, 2020 | $19.71 | ||
Jan 31, 2020 | $19.71 | ||
Feb 7, 2020 | $19.71 | ||
Feb 14, 2020 | $19.71 | ||
Feb 21, 2020 | $19.71 | ||
Feb 28, 2020 | $19.71 | ||
Mar 6, 2020 | $19.71 | ||
Mar 13, 2020 | $19.71 | ||
Mar 20, 2020 | $19.71 | ||
Mar 27, 2020 | $19.71 | ||
Apr 3, 2020 | $19.71 | ||
Apr 10, 2020 | $19.71 | ||
Apr 17, 2020 | $19.71 | ||
Apr 24, 2020 | $19.71 | ||
May 1, 2020 | $19.71 | ||
May 8, 2020 | $19.71 | ||
May 15, 2020 | $19.71 | ||
May 22, 2020 | $19.71 | ||
May 29, 2020 | $9.39 |
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