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 I will be given this loan amount then I will able to one new computer at the cost of $100 US Dollars and I will able add my own money around $30 US Dollars to make it full to acquire the commodity that I want for my business and that is computer.
It will add me more capacity to do more work efficiently .
I expect this business to grow by 50% this very short time of implementation .
Thanks again for considering my application .
Feedback
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$74.00
Date disbursed
Feb 15, 2019
Repayment status
Late
Projected term
5 months
Other loans
Lenders
Turkey
Summary
Amount repaid
$5.42
Amount remaining
$68.81
Expected completion
Jul 24, 2019
Status
Repaying late
Installment amount
$0.49
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 27, 2019 | $3.94 | Apr 24, 2019 | $1.97 |
| Apr 30, 2019 | $1.97 | ||
| Mar 6, 2019 | $0.00 | ||
| Mar 13, 2019 | $0.00 | ||
| Mar 20, 2019 | $0.00 | ||
| Mar 27, 2019 | $0.00 | ||
| Apr 3, 2019 | $0.00 | ||
| Apr 10, 2019 | $0.00 | ||
| Apr 17, 2019 | $0.00 | ||
| Apr 24, 2019 | $0.00 | ||
| May 1, 2019 | $0.00 | ||
| May 8, 2019 | $0.00 | ||
| May 15, 2019 | $0.49 | May 30, 2019 | $0.49 |
| May 22, 2019 | $0.49 | May 30, 2019 | $0.49 |
| May 29, 2019 | $0.49 | May 30, 2019 | $0.49 |
| Jun 5, 2019 | $0.49 | ||
| Jun 12, 2019 | $0.49 | ||
| Jun 19, 2019 | $12.38 | ||
| Jun 26, 2019 | $12.38 | ||
| Jul 3, 2019 | $12.38 | ||
| Jul 10, 2019 | $12.38 | ||
| Jul 17, 2019 | $12.38 | ||
| Jul 24, 2019 | $5.94 | ||
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