Business enlargement

Dominic

Nairobi, Kenya

20% repaid

Entrepreneur

Name

Dominic

Member since

April 2017

On-time repayments

4 installments  •  50%

About Me

I am Dominic kigen 32 years old married my wife's name is Caroline NJERI 30 years with 2 kids aboy and agirl first born is 10years agirl who is class 5 called Taline Susan and 2nd born is a boy aged 1year called Trannel peter.I am a diploma holder in electrical engineering with IT I have been employed in the IT departments and electrical engineering I have also worked in security companies as an operations manager which I left last year to venture into business because of the passion I have of being at the top of operations and putting into practise what I learnt I have been in this business from last year where I have been taking form 4 levers to work in the cyber and empowering them with the knowledge that I have and the exposure of having internet facility which they can always get information.

My Business

I am currently running a cyber cafe at Muthaiga along KIAMBU road I am Dominic kigen 32 years old married my wife's name is Caroline NJERI 30 years with 2 kids aboy and agirl first born is 10years agirl who is class 5 called Taline Susan and 2nd born is a boy aged 1year called Trannel peter.I am a diploma holder in electrical engineering with IT I have been employed in the IT departments and electrical engineering I have also worked in security companies as an operations manager which I left last year to venture into business because of the passion I have of being at the top of operations and putting into practise what I learnt I have been in this business from last year where I have been taking form 4 levers to work in the cyber and empowering them with the knowledge that I have and the exposure of having internet facility which they can always get information. the cyber has 2 desktops and one laptop machine and 3 in one Epson printer and normally use a WiFi modem for internet

Loan Proposal

to expand the business buy a bigger and fast printer buy a photo copier and acquire a bigger space in the same place the printer that I have is very slow and speed cannot handle the number of jobs that I get hence the I Normally loose a lot of jobs.if I acquire a bigger printer I will maximise the use of it and my customers count will increase by 50% the photocopy work alone will make me earn more than 3000 to 5000 a day.I want also to source for a better and faster internet provider which can handle the huge files being downloaded .want also to increase space and acquire more desktops to enable serve more customers at a time.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$5.00

Date disbursed

May 6, 2017

Repayment status

Late

Projected term

3 weeks

Other loans

Lenders

PG

Paul Graham

United States

The Zinc Team

San Francisco, United States

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$1.04

Amount remaining

$4.14

Expected completion

Jun 2, 2017

Status

Repaying late

Installment amount

$2.07

Repayment History

Expected Payments Actual Payments
May 19, 2017 $1.04 May 15, 2017 $1.04
May 26, 2017 $2.07
Jun 2, 2017 $2.07

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