Working capital: to buy basic items for cyber operations

Kevin

Soweto, Kenya

100% repaid

Entrepreneur

Name

Kevin

Member since

September 2014

On-time repayments

73 installments  •  34%

About Me

Born in a family of five and raised by a Single mother. I have struggled through hard and thick times to make it in life. I am A Part time student. in my final year doing Business Information Technology. I am bright, creative and innovative in all i do. The business i have is the greatest breakthrough in my life because it has given me most of the assets i have just from the money i get from it. Am an entrepreneur and i buy and sell computer accessories and computer services. Computer services comprise of a cyber cafe where Internet, photocopy, lamination IT services are offered. i believe that the field i am in will guarantee success based on the trend for the past two years. I believe the business is on a good trend and some support will help the business to go far

My Business

The business is 2 years old. i started it from my own savings and support from Friends and relatives. I started with 2 computers to now i have 10 computers. It has been a great growth and all the credit goes to the favour i have received from People and the grace from God. The money i need is to support my working capital, the business generates $1000 per month with a net of $500. The business sometimes has a challenge to operate when the capital is less hence the need to seek financing. the challenge is to buy materials for daily operations like photocopy papers, binding materials, lamination materials.
The demand is great and the market is ready hence the growth.
my experience with Zidisha has been tremendous and i believe that this loan has been of great impact to my business in transforming and growing my business

Loan Proposal

Help in buying necessary materials needed for the operation of a cyber cafe like photocopy papers, lamination pouch, binding materials and airtime for sale for daily operations.
this will go a long way in helping me run my business smoothly

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Nov 17, 2014

Repayment status

On Time

Projected term

8 weeks

Lenders

mepster

San Francisco, Ca, United States

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Summary

Amount repaid

$50.60

Amount remaining

$0.00

Date repaid

Jan 17, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Nov 30, 2014 $6.32 Dec 6, 2014 $6.32
Dec 7, 2014 $6.32 Dec 7, 2014 $6.32
Dec 14, 2014 $6.32 Dec 14, 2014 $6.32
Dec 21, 2014 $6.32 Dec 21, 2014 $6.32
Dec 28, 2014 $6.32 Dec 28, 2014 $6.32
Jan 4, 2015 $6.32 Jan 4, 2015 $6.32
Jan 11, 2015 $6.32 Jan 11, 2015 $6.32
Jan 18, 2015 $6.38 Jan 17, 2015 $6.38

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