Name
Samuel
Member since
January 2014
On-time repayments
11 installments • 45%
As a graduate in the field of Information Technology, I embraced the government's call on people to create jobs other than looking for jobs, this led me to open a cyber cafe and computer services and sale business in order to meet the demand of computer and the related services in the town, due to high number of commercial colleges and schools thus creating employment and a source of income to me. With my earnings, I normally buy the computers and the related accessories to my stock and also pay my employee. This has helped me be able to raise my standard of living and beating all odds to start a business as young as I am.
The loan that I will get from Zidisha will be used to add stock that are on demand from the customers and I dont have the stock, together with increasing/expanding my business and in return repay my loan, I have an advantage of the fact that am in line with my professional and my business is situated along a very busy street where there are many clients who are normally students and colleges staffs, My services are done professionally and hence the main reason why clients always want to buy from me.
I will buy the following items:
2 rims photocopy papers @ 5$ each
1 papercutter @ 10$
1 Lamination Machine @ 40$
this will help me expand my area of operations to include lamination services that customers are requesting for everyday.
My profit will escalate to over 80% and hence be in a position to repay my loan promptly
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$44.00
Date disbursed
Apr 22, 2015
Repayment status
Late
Projected term
2 months
Amount repaid
$40.00
Amount remaining
$6.26
Expected completion
Jul 19, 2015
Status
Repaying late
Installment amount
$11.81
Expected Payments | Actual Payments | ||
---|---|---|---|
May 3, 2015 | $6.67 | May 29, 2015 | $5.56 |
May 30, 2015 | $1.11 | ||
May 10, 2015 | $0.00 | ||
May 17, 2015 | $0.00 | ||
May 24, 2015 | $0.00 | ||
May 31, 2015 | $0.00 | ||
Jun 7, 2015 | $0.00 | ||
Jun 14, 2015 | $5.56 | Jun 13, 2015 | $5.56 |
Jun 21, 2015 | $5.56 | Jun 20, 2015 | $5.56 |
Jun 28, 2015 | $5.56 | Jun 28, 2015 | $5.56 |
Jul 5, 2015 | $5.56 | Jul 5, 2015 | $5.56 |
Jul 12, 2015 | $5.56 | Jul 12, 2015 | $5.56 |
Jul 19, 2015 | $11.81 | Oct 9, 2015 | $5.56 |
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