Chepyator
Kayole, Kenya
$0 to go
100% funded of $7 goal
0
days left
Name
Chepyator
Member since
May 2017
On-time repayments
8 installments • 0%
I was born in Mathare slums. I grew up in kayole where life was full of challenges and the environment around where I live is not conducive since kayole has so many dumping site and the waste management systems are poor. I still live in kayole and I plan to to shift to a better pale in future. I always dream of becoming a great business man with several branches all over the country. I am also passionate about seeing my fellow youth succeed and empower themselves through business. I hope to support youth in future by offering them with loans and grants.
I have a playstation 2 machine and a T.V set that fellow friends come to play at a fee. I charge ten shillings for one to play a game and each game last ten minutes. The biggest challenge that I experience is power outages. When there is a power outage, i do not get to make an income as the devices run on electricity. I started the business in November 2012.
I intend to top up the loan and there after purchase a second hand playstation 2 machine and a T.V. set. This will enable me to serve more clients as I only have one set and clients have to wait for their turn, some of whom are not patient enough whenever they find a long waiting line. By introducing another machine, the business will be able to serve more clients and I anticipate to increase the business turnover. With increased income, I can be able to improve my life and I expect my living standards to improve.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$7.00
Date disbursed
May 6, 2017
Repayment status
Late
Projected term
8 weeks
Amount repaid
$0.00
Amount remaining
$7.25
Expected completion
Jul 2, 2017
Status
Repaying late
Installment amount
$0.99
Expected Payments | Actual Payments | ||
---|---|---|---|
May 14, 2017 | $0.99 | ||
May 21, 2017 | $0.99 | ||
May 28, 2017 | $0.99 | ||
Jun 4, 2017 | $0.99 | ||
Jun 11, 2017 | $0.99 | ||
Jun 18, 2017 | $0.99 | ||
Jun 25, 2017 | $0.99 | ||
Jul 2, 2017 | $0.35 |
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