Name
Nicholas
Member since
June 2017
On-time repayments
79 installments • 65%
My name is Nicholas Nyongesa aged 30 years. Since my childhood i have been exemplary in educational work with a never to say-die spirit since my cultural and remote environment did not consider education important. However i realized the importance of opening up my mind through the power of education with excellent performance that attracted well wishers to support my education including government scholarship at my university education. After my university education the entrepreneurial spirit within me arose and i started a data collection business where i could walk in the targeted places to interview the respondents on behalf of my clients undertaking research which i have diversified and currently doing supplies in stationery to nearby schools. My 4 year boy tells me that when he grows up he would like to be a pilot. I read entrepreneurial books during my free time
I do data collection for researchers undertaking their research works and also supply stationery and food stuffs to nearby schools within the proximity of Nairobi Kenya which is well paying and i wish to explore other markets in neighborhood
I will use the loan to buy a printer which will cost KES 12,000. The printer will help me print field questionnaires for my business thus help me reduce the costs i normally incur when i source the services outside my premise. This will in turn double my profit margin since sourcing the services from outside has been my major cost
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$108.00
Date disbursed
Oct 8, 2017
Repayment status
On Time
Projected term
5 weeks
Other loans
Amount repaid
$107.73
Amount remaining
$0.00
Date repaid
Nov 24, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Oct 21, 2017 | $19.79 | Oct 24, 2017 | $19.79 |
Oct 28, 2017 | $19.79 | Oct 31, 2017 | $19.79 |
Nov 4, 2017 | $19.79 | Nov 8, 2017 | $19.79 |
Nov 11, 2017 | $24.18 | Nov 13, 2017 | $24.18 |
Nov 18, 2017 | $24.17 | Nov 20, 2017 | $24.17 |
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