Loan to purchase a laptop for my freelancing job

Esther

Nairobi, Kenya

50% repaid

Entrepreneur

Name

Esther

Member since

January 2016

On-time repayments

218 installments  •  28%

About Me

I'm Esther Ihura, 23 years old. I was born, raised, and studied in Murang'a, Kenya. Upon finishing my high school, I joined a college and pursued Animal Health and Production course. I didn't manage to secure a job related to my field of study after a long search so I decided to broaden my job search. A friend of mine told me about freelancing, transcription specifically, and I liked the whole idea and decided to give it a try. She offered to give me some training and give me work after that. A family member lend me a laptop and a modem, and that's how I started my transcription journey. Since then, transcription has become part of me and has been my full time job.

Currently I do not have children, but I live on my own and pay my own bills through transcription.

My Business

As stated above, I am a freelancer, a transcriptionist to be specific. Transcription entails typing of recorded audios or videos into Ms Word. I get paid weekly through PayPal, and then wire transfer the dollars into my bank account. I chose to be a freelancer because it's a flexible job, and the pay is not fixed meaning one can earn as much money he/she wills in a given period of time since pay is determined by someone's effort. The more you work, the more money you make. This therefore makes it the best in raising capital to start other businesses, and also helps me manage my time well.

I use most of the profits as savings so I can invest in other types of business (s).

Loan Proposal

I'm aiming to buy my own laptop as I have been using a borrowed one. I have saved up some cash and this loan will boost me to raise the required amount needed for the laptop which is approximately $300. Having my own laptop will boost my job as I will have access to more work and more often. This will boost my profits from $60 a week to $100.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Jan 12, 2016

Repayment status

Late

Projected term

50 months

Lenders

rhagen

New York, United States

F

fredrikahl

Stockholm, Sweden

John Makongo

Kitale, Kenya

Betapilot

Copenhagen, Denmark

M

mbarbier

United States

Haim Si

Mexico, Mexico

Alberto Cereser

Copenhagen, Denmark

MW

Matt Willis

United States

J�

Jan Čapek

Czech Republic

A

Adam

United Kingdom

Stephan W

Witten, Germany

MW

Mark Walmsley

Canberra, Australia

DP

Doug Pennock

United States

United States

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