Name
Kiplagat
Member since
April 2017
On-time repayments
17 installments • 65%
I was born brought up in Kisumu city in a family of seven, my father was a police officer and my mother a business woman. I went to Karajuong Primary school, later on secured a chance to joined Kisumu day primary school. I scored grade B that made me join Jomo Kenyatta University in Nairobi to study Information Technology.
Back when i was in second year is when i started my cyber cafe business, i had a very supporting father. I shared the idea about starting my own business that could assist me in paying my school fees, using my free time well an he accepted. He funded me with some money and i started the cyber cafe.
What i find unique about our land that is Jomo Kenyatta University where i know very well is the fact that many student are deeply rooted into drugs abuse, few are the students doing business and taking their studies very serious.
i do cyber business and offers the following services. Printing, type setting, online services like browsing, scanning, photocopying among others
This services are useful and on demand because i am positioned well within the campus and many student flock at m,y cyber to print out their assignments and handouts. This also increases the demand for my services.
i chose this business because it is my profession and i am well endowed with knowledge in the same field. I also saw an opportunity in school and decided to avail the services closer to the students who had to make long cues at the only print shop in school.
i use the profits that i make to pay part of my school fees, sustain my living in school and also invest back into the business.
Given these loan of 10 us dollars, i will use the money plus some savings that i have of about 60 us dollars and buy an internet satellite costing 70 us dollars.
I will benefit by increasing my income since many people will now be coming to my cyber because of fast internet. Other will benefit by the fast internet.
I expect a 20% income increase on daily basis
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$11.00
Date disbursed
Jun 27, 2017
Repayment status
On Time
Projected term
6 weeks
Other loans
Amount repaid
$10.87
Amount remaining
$0.00
Date repaid
Aug 15, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jul 6, 2017 | $1.98 | Jul 6, 2017 | $0.99 |
Jul 6, 2017 | $0.99 | ||
Jul 13, 2017 | $1.98 | Jul 13, 2017 | $0.99 |
Jul 13, 2017 | $0.99 | ||
Jul 20, 2017 | $1.98 | Jul 23, 2017 | $0.99 |
Jul 23, 2017 | $0.99 | ||
Jul 27, 2017 | $1.98 | Aug 2, 2017 | $0.99 |
Aug 2, 2017 | $0.99 | ||
Aug 3, 2017 | $1.98 | Aug 15, 2017 | $0.99 |
Aug 15, 2017 | $0.99 | ||
Aug 10, 2017 | $0.99 | Aug 15, 2017 | $0.99 |
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