Expanding business portfolio

Jacob

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Jacob

Member since

October 2017

On-time repayments

29 installments  •  83%

About Me

I am Jacob Njuguna, a holder of bachelors degree in Business Management-Business Information Systems. I come from a hamble background with a family of 8: 5 siblings. I have always desired to excel in entrepreneurship by in the field of Computer hardware and software

My Business

I run a small shop dealing with computers and computer accessories. I also deal with software solutions and provide computer maintenance services. Am also a freelance writer on part time basis

Loan Proposal

I plan to acquire additional furniture and move to a bigger office because my current space is too small. I will use the funds to buy additional shelves and a good display that will hold more items. I plan to widen my business and hold more computers and accessories

Show original English  

About Me

I am a startup entrepreneur interested in computers and accessories. My interest is to be self employed and create employment for others. I have a bachelors degree in management, business information systems

My Business

I have a small shop that I seek to expand and later establish a cyber cafe. The shop deals with new and used appliances. The business is still small but my customers seems to be increasing. I also supplement my income with freelance writing.

Loan Proposal

I plan to acquire additional furniture and move to a bigger office because my current space is too small. I will use the funds to buy additional shelves and a good display that will hold more items. I plan to widen my business and hold more computers and accessories

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$10.00

Date disbursed

Dec 9, 2017

Repayment status

On Time

Projected term

2 months

Lenders

PG

Paul Graham

United States

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  • Martin    Nov 10, 2018

    Hello Jacob,sorry for what happened to your business, pliz adjust your loan repayments,don't wait for small remaining arrears affect your credit score.clear your loan arrears and apply again

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  • Martin    Sep 18, 2018

    Hey Jacob
    Its my hope you are well,
    Its along tyme since you updated the lenders nor making payments of your loan,pliz try and make partial payments to stay in good record.

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  • Jacob    Jul 18, 2018

    Hey.. I understand that I am behind in loan repayments. I have been sick but am now okay. I'll repay the due amount next week

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  • Jacob    May 31, 2018

    I expect some reduced weekly inflows. Once I recover I'll adjust the installments

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  • Jacob    May 16, 2018

    Thanks. I will purchase a new desktop, by adding the loan to my savings. This will help in keeping my records and also online transactions

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  • Jacob    May 8, 2018

    I have since managed to keep my small shop in operation, added a desktop for my business purposes. Am looking forward to increasing my financial strength to purchase more accessories for resale. Thank you for the support so far

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  • Jacob    Mar 7, 2018

    I expect less money for the next installment

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  • Jacob    Feb 13, 2018

    Thanks for funding. It's very helpful

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  • Jacob    Feb 5, 2018

    Still making progress. Am glad for the service offered on this platform

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  • Jacob    Jan 15, 2018

    Thanks for the funding. I will use the funds to add a little stock (Computer accessories). My small business is still growing

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  • Jacob    Jan 8, 2018

    I received the loan and am making progress to raise enough money to enable me acquire more equipment

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  • Jacob    Dec 12, 2017

    This service is awesome and innovative.. Looking forward to leverage this ingenuity

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