Help me raise my cybercafe business to the next level
David
Kalyet, Kenya
100% repaid
Entrepreneur
Name
David
Member since
December 2016
On-time repayments
28 installments • 25%
About Me
I'm a Kenyan entrepreneur,dealing in general merchandise. After a very challenging childhood coupled with tough economic times in our country,I started by selling tree seedlings and keeping money in a tin at home. But as I talk atleast I'm somewhere,just needing financial boost to take advantage of booming business.
My Business
my business as indicated is in general merchandise, comprising clothes,shoes,food items, utensils and a cyber. I have come to realize that having a general shop is the best ever,as customers have an opportunity to buy several products at the same point,it's more of a one stop shop. The convenience of shopping at one point really attracts customers and also helps retain them as well.
Loan Proposal
I will use the lian to purchase printing papers as they are the most useful in my cyber.I buy a ream of such papers at ksh.450 but i normally make a profit of 600 after deducting the initial amount.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$5.00
Date disbursed
Dec 14, 2016
Repayment status
On Time
Projected term
5 weeks
Other loans
Lenders
Summary
Amount repaid
$5.01
Amount remaining
$0.00
Date repaid
Mar 9, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Dec 23, 2016 | $1.01 | Dec 23, 2016 | $1.01 |
| Dec 30, 2016 | $1.01 | Jan 24, 2017 | $1.01 |
| Jan 6, 2017 | $1.01 | Mar 9, 2017 | $1.01 |
| Jan 13, 2017 | $1.01 | Mar 9, 2017 | $1.01 |
| Jan 20, 2017 | $0.98 | Mar 9, 2017 | $0.98 |
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