Name
Maurice
Member since
March 2017
On-time repayments
19 installments • 68%
I studied accounts and got employed in an audit firm in the year 1990. worked there for 2 years and then moved on to manufacturing firm, hotel industry and service industry for 14 years. while working in these companies I always found myself involved in a lot of new start ups within the organizations which gave me a lot of insights in how to start my own business.
I decided to go it alone in 2004 by opening a cyber / PlayStation centre and also do part time accounts/bookkeeping for companies that cannot afford full-time accountants.
my major expenses include rent, repairs of the computers, PlayStations and printers, electricity and transport.
this means that most of the profits go back into reinvestment in the business. major challenges include frequent power disruptions and pilferage by both assistant and customers
I will use this loan for repairs and maintenance of my business machines like computers and PlayStation's. This includes changing weak lens, purchasing current games as per customer demands and replacing toner for photocopier. Depending on the work load, I will replenish stock of printing and photocopying papers
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$8.00
Date disbursed
Jun 7, 2017
Repayment status
On Time
Projected term
6 weeks
Other loans
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Claire Lewis Jul 27, 2017
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