Entrepreneur
Name
Edwin
Member since
October 2016
On-time repayments
17 installments • 18%
About Me
My name is Edwin Ruto 30 years old and a Kenyan citizen by birth. I grew up in a small village of saramek in Nakuru county bordering to mau Forest, near timbwalo primary school 500 hundred meters away from Kenya tea development factory siwot location, kuresoi district, nakuru county p o box 128 keringet.I went to olenguruani primary school when I was 5 years old and completed 8 years of primary school. In the year 2004 joined olenguruani day secondary school where I did my Kenya certificate of secondary education in the year 2007.After my 0 level i join my family in farm work mostly looking after cows and sheeps for about two years later.I moved to Nairobi to look for employment luckily with the help of my friend I secured a job in a food chain industry.After working for a while,I thought to start a business to supplement my salary,that was 2014 I decided to start a computer shop. I started buying the necessary equipment for the project one by one since I could not be able to raise the amount for all items at once. Mid last year I rented a room to run my business up to now the business is doing well. I would like my children to have a good life in future.The land where I live is very cool with alot of rain,every crops and animals can live there peacefully.
My Business
I am employed by a restaurant chain industry within the city of Nairobi and do my part job in my computer shop,my salary is 250 USD.in my computer shop I offer computer services, photography, printing typesetting and passport size photos. The demand is good since many people don't have equipment hence give other people to in their behalf in cost.This is part of my hobby I do it with passion its stress free and can be done by any body in my absence. The revenue from this business I pay rent,pills and pay my colleague whom I employed to do the job while I am away, from the total revenue of about 350 USD depending on the amount of work done per a month.The remaining amount I do reinvest it the business.
Loan Proposal
I am going to add the stocks of two reems of photocopy paper is 4.5 USD per ream and 10 USD to data bundle for my internet,so that I can run my shop more efficiently.This I do make around 350 USD per a month.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$22.00
Date disbursed
Nov 11, 2016
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
Summary
Amount repaid
$21.61
Amount remaining
$0.00
Date repaid
Mar 3, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Nov 19, 2016 | $3.02 | Dec 22, 2016 | $3.02 |
| Nov 26, 2016 | $3.02 | Dec 22, 2016 | $3.02 |
| Dec 3, 2016 | $3.02 | Dec 22, 2016 | $3.02 |
| Dec 10, 2016 | $3.02 | Dec 22, 2016 | $3.02 |
| Dec 17, 2016 | $3.02 | Dec 22, 2016 | $3.02 |
| Dec 24, 2016 | $0.00 | ||
| Dec 31, 2016 | $2.01 | Jan 6, 2017 | $2.01 |
| Jan 7, 2017 | $2.01 | Jan 6, 2017 | $1.51 |
| Mar 3, 2017 | $0.50 | ||
| Jan 14, 2017 | $2.47 | Mar 3, 2017 | $2.47 |
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