Printer for my cyber cafe

Japhet

Embakasi, Kenya

100% repaid

Entrepreneur

Name

Japhet

Member since

September 2016

On-time repayments

64 installments  •  67%

About Me

I grew up in Aunt's place since my mother was a single mother and passed on when I was in class 6. My Ant was so helpful to me that he supported me through primary school and later secondary school despite the challenges of missing classes because of school fees .
I remember when I was in form four I missed to register for exams because I had no money to do so, My aunt advised me to be patient as she was looking for money to get me registered. I had to repeat in form four and that is when I was able to complete my form four exam.
I started my business 6months ago through my cousin who took me to a computer college and later bought me one computer which am using at the moment.
Here in Kenya there is quite alot to enjoy, like different cultures and also the coastal region.
I enjoy helping people where I can.
I am not married yet

My Business

I run a small cyber cafe and sell computer consumables like photocopy papers,ink and toners.
Where am located there is only a little cyber cafe which gives me an upper hand to perform much better.
per day am able to make a profit of $6
expenses per day are: $2
am able to save &2 per day
Am buying more computers for my cyber cafe out of the profit i realize.

Loan Proposal

I will buy a hp colour printer at $60
I have already saved $30 and need the loan to top up so that am able to buy the printer.
I will be able to print many documents at a go now that I will be having two printers hence serve many customers and in turn make alot of profit.
I project a profit of $1 per day.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$32.00

Date disbursed

May 21, 2017

Repayment status

On Time

Projected term

2 months

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$32.28

Amount remaining

$0.00

Date repaid

Aug 9, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jun 1, 2017 $2.96 Jun 12, 2017 $2.96
Jun 8, 2017 $2.96 Jun 12, 2017 $2.96
Jun 15, 2017 $2.96 Jun 12, 2017 $2.96
Jun 22, 2017 $2.96 Jul 11, 2017 $2.96
Jun 29, 2017 $2.96 Jul 11, 2017 $2.96
Jul 6, 2017 $2.96 Jul 11, 2017 $2.96
Jul 13, 2017 $2.96 Jul 11, 2017 $0.99
Jul 31, 2017 $1.97
Jul 20, 2017 $2.96 Jul 31, 2017 $2.96
Jul 27, 2017 $2.96 Jul 31, 2017 $2.96
Aug 3, 2017 $2.96 Jul 31, 2017 $2.96
Aug 10, 2017 $2.69 Jul 31, 2017 $0.72
Aug 9, 2017 $1.97

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