Loan for purchasing cyber stock

Victor

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Victor

Member since

May 2015

On-time repayments

65 installments  •  28%

About Me

Coming from a humble background with no parents to guide me,lost my Dad when i was 5years and my Mother few weeks after celebrating my 9th Birthday.Life has taught me to be patient and be passionate in order to succeed.I have been a manager of my own life since all my parents passed when i was young.Went through my primary education while living with guardians who at times were so cruel and harsh but i managed to pass my exams with 306 /500marks that allowed me to join High sch{Boarding}. Getting sponsorship from friends and Government bursaries enabled me finished my O levels with an average grade of C+.I managed to collect some cash while working in supermarket that enable me to enroll for an IT Class,{Information Technology}I did this as part time studies;then at one point after finishing my IT classes, got a job at a nearby Cyber that encouraged me to open my own.Started my own cybercafe with just a 3 in 1 printer,that could scan,print documents and two computers borrowed from friends.I want to create more wealth so that my children wont pass through what av passed through.

My Business

My business is a cyber cafe,doing photocopying,printing and scanning of documents for my clients.The business is in demand because the Government has allowed some services to be accessed through the cyber cafes.ie PIN Registration,student loans processing is also done by cybercafes in my country.The revenues are good due to numerous transactions done in a day.,in a good day i would earn revenue of Ksh.600 after deducting other costs incurred..At the moment am ploughing back the profits earned back to the business so that the business may grow big.

Loan Proposal

I would use my first loan to update my stock level.ie purchase printing papers 5items{13USD},binding papers dozen{ 10USD},Epson ink printer{19USD} and lamination papers{13USD} .This will enhance my stock level thus ensuring service delivery to my clients. and also expand my business to a greater extent.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

May 29, 2015

Repayment status

On Time

Projected term

4 months

Other loans

Lenders

PG

Paul Graham

United States

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Summary

Amount repaid

$52.64

Amount remaining

$0.00

Date repaid

Sep 9, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jun 7, 2015 $6.58 Jun 6, 2015 $6.32
Jun 9, 2015 $0.26
Jun 14, 2015 $6.58 Jun 9, 2015 $0.79
Jun 15, 2015 $5.79
Jun 21, 2015 $3.16 Jun 22, 2015 $3.16
Jun 28, 2015 $2.11 Jun 29, 2015 $2.11
Jul 5, 2015 $2.11 Jul 5, 2015 $2.11
Jul 12, 2015 $2.11 Jul 12, 2015 $2.11
Jul 19, 2015 $2.11 Jul 18, 2015 $2.11
Jul 26, 2015 $2.11 Jul 27, 2015 $2.11
Aug 2, 2015 $2.11 Aug 2, 2015 $2.11
Aug 9, 2015 $2.11 Aug 10, 2015 $2.11
Aug 16, 2015 $2.11 Aug 17, 2015 $2.11
Aug 23, 2015 $2.11 Aug 24, 2015 $2.11
Aug 30, 2015 $2.11 Aug 24, 2015 $0.08
Aug 31, 2015 $2.02
Sep 6, 2015 $2.11 Aug 31, 2015 $0.11
Sep 9, 2015 $2.00
Sep 13, 2015 $2.11 Sep 9, 2015 $2.11
Sep 20, 2015 $2.11 Sep 9, 2015 $2.11
Sep 27, 2015 $2.11 Sep 9, 2015 $2.11
Oct 4, 2015 $2.11 Sep 9, 2015 $2.11
Oct 11, 2015 $2.11 Sep 9, 2015 $2.11
Oct 18, 2015 $2.64 Sep 9, 2015 $2.64

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