Hudson
Kaloleni, Kenya
$0 to go
100% funded of $5 goal
0
days left
Name
Hudson
Member since
April 2017
On-time repayments
6 installments • 0%
I'm Hudson Angulu. I've struggled in my life as I grew up from a single parent after my father's death in my childhood. After completing my form four, I was forced to work in order to pay my college fee. I've been employed severally but for the last four years I'm self employed.
I run a firm called Interface Computer Services. The services include computer training, photocopying, internet and e-mail services, general computer services like typesetting. I make a monthly net income of Ksh.20,000/=
Purchase photocopying papers. The photocopying papers cost 500/= After photocopying the cost will be 3/= per copy. The paper contains 500 pieces. When photocopying at least 20 pieces will spoil out of 500. Therefore 480x3=1440/=. 1440-500 (cost of the papers)=940. 940-300(other expenses ie ink and electricity)= 640. I'll be able to raise a profit of approximately 640 from one ream of photocopying papers and I'll be able to pay the loan on time.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$5.00
Date disbursed
May 6, 2017
Repayment status
Late
Projected term
6 weeks
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