Loan to buy an extra desk top

Peter

Busidibu, Kenya

71% repaid

Entrepreneur

Name

Peter

Member since

August 2015

On-time repayments

255 installments  •  59%

About Me

i am a born 1988 male from busidibu village,alungoli sub-location,busibwabo location,matayos division of matayos sub county,busia county.i am a fifth born in a family of nine.i went to nambale and busidibu primary schools.i later joined mukumu high for my o levels.due to my passion for information technology i joined sigalagala technical training institute for a diploma information technology.life after school appeared to be against my expectations,after attachment i was not able to secure a meaningful job.this made to think on how i could self employ myself.

My Business

life events led me into self employment.i started of buying one computer and a printer for a simple printing shop.the business just picked off slowly but after a short while my business customers increased even some asking for services i could offer because of inadequacy of the equipment.this was contributed mainly by the fact that i started it near my home and many people had had good things about me and my skills.later with the help of my parents and family members i was able to a quire a second desktop and a hp printer.i also started to offer internet services and this has formed the backbone of my business.

in a month i raise about 300 dollars,rent,network,power and repairs consumes about 150 dollars.i really love my business and sometime can even can work more extra hours to make sure my customers are satisfied.

Loan Proposal

thank you lenders.i wish to buy one desk top at 200 dollars.this going to help me increase my revenue to 50 dollars in a week.i promise to repay the loan in time.as stated above, still i work as apart time computer instructor and earn about 100 dollars in a month. since i am not yet married my expenses are low making it easier for me to honor my obligation.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$197.00

Date disbursed

May 26, 2017

Repayment status

Late

Projected term

42 months

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  • Peter    Jun 7, 2017

    i decided to change my instalments to 100 becouse i have invest all the money i received from you,and i will only be to raise 100 shilling per week.

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  • Peter    Jun 7, 2017

    Hi lender i received your loan and am now looking foward to expand ma business

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  • Peter    May 22, 2017

    hi lenders thank you for your support,am very glad atleast i wil be able to buy one computer to expand ma business.thank you

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  • Peter    Mar 22, 2016

    i have experienced business challenges but iam praying for the situation to go back to normal

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  • Peter    Feb 10, 2016

    hi,lenders i just want to be flexible

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  • Peter    Feb 5, 2016

    my revenues improved thanks.

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  • Peter    Dec 25, 2015

    I usually pay asix month rent in january and so i realised this will be achallange.

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