Entrepreneur
Name
Joseph
Member since
January 2014
On-time repayments
70 installments • 100%
About Me
My name is Joseph Ngunjiri, entrepreneur at JODA SOLUTIONS, The business operates in Nairobi and Nanyuki. The business is dynamic but mostly it deals with computers, networking, computer accessories and related services. I am a young energetic individual who is always driven by passion of excellence. I am a Industrial Engineer Graduate from Moi University but my desire and passion has been in the business sector. Since I left College, I have been doing business of which I am proud of. The challenge is the little finances that I do usually have but through wise decisions and setting priorities, the business has thrived for the last 10 years.
My Business
My business (JODA SOLUTIONS) engages in supplying computers, computer accessories and their maintenance as well. In addition, it also offers computer and related services like cyber cafe, printing, scanning, designing, photocopying, binding, etc. The business is small scale but self sustaining. Currently due to the covid-19 pandemic, people are advised to work online and this has boosted my cyber cafe business. In response to this I need more computers to serve more clients. Therefore, the loan that I will get will be used to buy 4 more computers which costs Ksh. 92,000 but I will be able to raise kshs 30,000 inorder to have the computers by end of July 2020. The average monthly revenue is Kshs. 114,000 while the running costs are approximately Kshs. 78,000.
Loan Proposal
When I get the cash I will use it to purchase new printer worth kshs 35,000. This will increase my services considering that they are of high demand in my work place, these services currently have a profit ranging from 30% - 42% of the cost. I therefore urge the lenders to consider me and fund my project.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$290.00
Date disbursed
Dec 1, 2014
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
TX, United States
Belfast, United Kingdom
Republic of Korea
United States
United States
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Summary
Amount repaid
$305.06
Amount remaining
$0.00
Date repaid
Mar 22, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Dec 14, 2014 | $20.33 | Dec 14, 2014 | $20.33 |
| Dec 21, 2014 | $20.33 | Dec 14, 2014 | $5.81 |
| Dec 21, 2014 | $14.52 | ||
| Dec 28, 2014 | $20.33 | Dec 21, 2014 | $8.20 |
| Dec 28, 2014 | $12.13 | ||
| Jan 4, 2015 | $20.33 | Dec 28, 2014 | $14.01 |
| Jan 5, 2015 | $6.32 | ||
| Jan 11, 2015 | $20.33 | Jan 5, 2015 | $9.36 |
| Jan 10, 2015 | $10.97 | ||
| Jan 18, 2015 | $20.33 | Jan 10, 2015 | $4.94 |
| Jan 17, 2015 | $15.39 | ||
| Jan 25, 2015 | $20.33 | Jan 17, 2015 | $0.75 |
| Jan 25, 2015 | $19.58 | ||
| Feb 1, 2015 | $20.33 | Jan 25, 2015 | $7.69 |
| Jan 31, 2015 | $12.64 | ||
| Feb 8, 2015 | $20.33 | Jan 31, 2015 | $10.09 |
| Feb 7, 2015 | $10.24 | ||
| Feb 15, 2015 | $20.33 | Feb 7, 2015 | $6.24 |
| Feb 15, 2015 | $14.09 | ||
| Feb 22, 2015 | $20.33 | Feb 15, 2015 | $14.32 |
| Feb 22, 2015 | $6.01 | ||
| Mar 1, 2015 | $20.33 | Feb 22, 2015 | $7.63 |
| Feb 28, 2015 | $12.70 | ||
| Mar 8, 2015 | $20.33 | Feb 28, 2015 | $8.32 |
| Mar 8, 2015 | $12.01 | ||
| Mar 15, 2015 | $20.33 | Mar 8, 2015 | $10.15 |
| Mar 15, 2015 | $10.18 | ||
| Mar 22, 2015 | $20.44 | Mar 15, 2015 | $0.95 |
| Mar 22, 2015 | $19.49 | ||
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