Entrepreneur
Name
Elijah
Member since
January 2015
On-time repayments
331 installments • 69%
About Me
I started life by doing jobs in construction sites and latter in Kenya clay works company. After saving 6,000 i started my first business of poultry keeping in 2008 august which grew up to a capital of Kshs 75,000 capital in 6 months by financing through higher purchase and retained earning. The 6,000 was
After 3yrs in poultry business i closed down to venture in cyber business in 2012 which i ran to date.
My family made of four i.e my son, daughter, wife and i. I have always had an interest in networking and computers the reason why i started the cyber cafe business.
My Business
Cyber business involves providing the public with internet access, computer services i.e typesetting, printing and other internet solutions. The service are in demand because the public need to access government and other organizations information as well as social sites which they use to communicate with friends worldwide. The typical costs are , papers, inks, electric power, internet, tire and ware. Soo far the income from the business has been largely been used to reinvest and home use.
In addition, I expanded my business by starting a consulting business in bookkeeping and credit management. This has been inspired by wanting to utilize my professional skills to help other businesses in the community. My consulting business has helped my people in keeping track on how their businesses are performing. The consulting business is growing gradually and currently i have been able to sign with two banks and an insurance company on trade finance products. This is a significant grow as it increase the pool of services we offer to our clients.
The typical cost for the consulting business is office rent, stationery, salary for sales people, transport and logistics, internet and other office running cost.
Loan Proposal
With the loan i intend to pay my spouse's college fees. My wife has a gift and passion for business. In previous places where she has been employed she has passionately grown the business. She has always loved to further her studies in the business related courses and now she has enrolled for a diploma in business management and Zetech University here in Kenya.
I will use the loan amount to pay the first installment for her fees and the rest will i will pay from our savings. The fees for one year is about 873 $ .
By educating her i believe she will bring in the knowledge towards empowering our business and and growing to other business ventures in future.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$366.00
Date disbursed
Dec 29, 2015
Repayment status
On Time
Projected term
8 months
Lenders
Guildford, United Kingdom
Fontvielle, Monaco, Yemen
Brussel, Belgium
Sweden
United States
Costa Rica
United States
United States
United States
United States
United States
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Summary
Amount repaid
$384.72
Amount remaining
$0.00
Date repaid
Aug 31, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jan 10, 2016 | $10.00 | Jan 17, 2016 | $10.00 |
| Jan 17, 2016 | $10.00 | Jan 17, 2016 | $5.00 |
| Jan 30, 2016 | $5.00 | ||
| Jan 24, 2016 | $10.00 | Jan 30, 2016 | $3.00 |
| Feb 15, 2016 | $7.00 | ||
| Jan 31, 2016 | $10.00 | Feb 15, 2016 | $10.00 |
| Feb 7, 2016 | $10.00 | Feb 15, 2016 | $10.00 |
| Feb 14, 2016 | $10.00 | Feb 15, 2016 | $10.00 |
| Feb 21, 2016 | $10.00 | Feb 23, 2016 | $10.00 |
| Feb 28, 2016 | $10.00 | Feb 29, 2016 | $10.00 |
| Mar 6, 2016 | $10.00 | Mar 10, 2016 | $10.00 |
| Mar 13, 2016 | $10.00 | Mar 15, 2016 | $10.00 |
| Mar 20, 2016 | $10.00 | Mar 21, 2016 | $10.00 |
| Mar 27, 2016 | $10.00 | Apr 3, 2016 | $10.00 |
| Apr 3, 2016 | $10.00 | Apr 3, 2016 | $10.00 |
| Apr 10, 2016 | $10.00 | Apr 3, 2016 | $10.00 |
| Apr 17, 2016 | $10.00 | Apr 25, 2016 | $10.00 |
| Apr 24, 2016 | $10.00 | Apr 25, 2016 | $10.00 |
| May 1, 2016 | $10.00 | May 7, 2016 | $10.00 |
| May 8, 2016 | $10.00 | May 14, 2016 | $10.00 |
| May 15, 2016 | $10.00 | May 22, 2016 | $10.00 |
| May 22, 2016 | $10.00 | May 28, 2016 | $10.00 |
| May 29, 2016 | $10.00 | Jun 7, 2016 | $10.00 |
| Jun 5, 2016 | $10.00 | Jun 9, 2016 | $10.00 |
| Jun 12, 2016 | $10.00 | Jun 17, 2016 | $10.00 |
| Jun 19, 2016 | $10.00 | Jun 25, 2016 | $10.00 |
| Jun 26, 2016 | $10.00 | Jun 25, 2016 | $10.00 |
| Jul 3, 2016 | $10.00 | Jul 10, 2016 | $10.00 |
| Jul 10, 2016 | $10.00 | Jul 10, 2016 | $10.00 |
| Jul 17, 2016 | $10.00 | Jul 18, 2016 | $10.00 |
| Jul 24, 2016 | $10.00 | Jul 26, 2016 | $10.00 |
| Jul 31, 2016 | $15.00 | Jul 31, 2016 | $15.00 |
| Aug 7, 2016 | $15.00 | Aug 8, 2016 | $15.00 |
| Aug 14, 2016 | $15.00 | Aug 14, 2016 | $15.00 |
| Aug 21, 2016 | $15.00 | Aug 23, 2016 | $15.00 |
| Aug 28, 2016 | $15.00 | Aug 29, 2016 | $15.00 |
| Sep 4, 2016 | $19.72 | Aug 29, 2016 | $5.00 |
| Aug 31, 2016 | $14.72 | ||
MrCane Dec 20, 2017
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