Entrepreneur
Name
Wellingtone
Member since
December 2017
On-time repayments
64 installments • 69%
About Me
I was born in the year 1964 in Kakamega county in the western part of Kenya.
I attended the following Schools t.
In the year 1976 to the year 1982 in Mirere Primary school. And in the year 19 83 to the year 1986 in St Stephen Namulungu Secondary School.
After I completed my high school education I did not continue with my University because my parents were poor and could not afford school fees , Therefore I opted to look for casual job which I did for ten years and saved some money to begin my own business which am doing to date.
I started my own business based on the money I saved when I was working in Mumias sugar factory as an operator for ten year and and because I had learned computer packages and of cause I had the experience and the interest.
What is unique in this land or place where am coming from is that men are to provide for the larger family even extended relatives after he has done high school even if he does not have a good paying job.
I am married with Five children and they want to become journalist, Teacher ,Business lady ,and two nurses .
My unique hobby at my free time is to ride my mountain Bike and my younger daughter.
My Business
I do photocopy and cyber cafe
These services are so good and important because where we live we have public University where by both students and teachers or lecturers demand the same.
I chose this kind of business because I had learned of it and because there is great demand for it in this same place.
My typical cost is 50,000KES.
I use the profit I get from this business as follows,
1.School fees for my children--------------------- 35,000KES.
2.Reinvestment in growing the business --------4,000KES.
3.Home improvements----------------------------8,000KES.
4.Church activities--------------------------------2,000KES.
Loan Proposal
When am given this loan amount then I will buy Fragrant spray for my business premise at the cost of $ 1 US.
This will make my customers like the place and of cause I will make more profit as a result
When this plan is implemented then I expect this business to grow by 20% this year and year the more.
Thanks for considering me for the very first time .
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Dec 9, 2017
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
United States
Summary
Amount repaid
$50.93
Amount remaining
$0.00
Date repaid
Jan 24, 2018
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Dec 21, 2017 | $9.85 | Dec 21, 2017 | $9.85 |
| Dec 28, 2017 | $9.85 | Dec 26, 2017 | $9.85 |
| Jan 4, 2018 | $9.85 | Dec 26, 2017 | $1.11 |
| Jan 6, 2018 | $8.74 | ||
| Jan 11, 2018 | $9.85 | Jan 6, 2018 | $1.11 |
| Jan 8, 2018 | $8.74 | ||
| Jan 18, 2018 | $9.85 | Jan 8, 2018 | $1.11 |
| Jan 24, 2018 | $8.74 | ||
| Jan 25, 2018 | $1.66 | Jan 24, 2018 | $1.66 |
Ask Wellingtone a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.