Purchasing equipment & stocking inventory

Samuel

Kapkures, Kenya

Funds disbursed

$0 to go

100% funded of $43 goal

0

days left

Entrepreneur

Name

Samuel

Member since

April 2018

On-time repayments

17 installments  •  82%

About Me

I am Samuel Kiptoo Koech, a recent graduate who is seeking a way to earn via online freelance working. I am in my mid-20's and I plan to seek for enough capital that can enable me to make the freelancing thing a workable source of income for me. Recently, I have also started an initiative of selling second-hand ladies' shoes and hand bags with my wife as a partner.

My Business

I do online freelance writing and research assistance for clients in academia and transcription and copy-writing for sites. I also do transcribing work and online content development for online marketers, especially those engaging S.E.O activities and blog writing for online product and service affiliate marketing . I partly outsource my tasks to other willing freelancers for a cut of the pay. Recently, I have also ventured into the selling of secondhand ladies' shows and handbags with the assistance of my dear wife.

Loan Proposal

I plan to use this new facility to buy a new TFT-screen for an incomplete desktop that I acquired from a secondhand dealer at 8,000 kshs. I want to add one more writer to my writing team, and there is a need for the creation of a new workstation with a desk, office chair, and fully-equipped computer. I have acquired some of the other items, but I lack a display screen for the computer. I can acquire the TFT-screen at 3,500 kshs and the rest of the remaining amount from this facility can go into my monthly internet charges that often amount to an estimated 1,500 kshs.
This will be a great boost to my venture because with an additional hand at the workplace I can get more work done in a day, and this would imply that I can earn more in a day while also providing another person with a means to make some income. This will also better my capability to repay the loan. Thanks in advance as I wait for your consideration.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$43.00

Date disbursed

Oct 7, 2018

Repayment status

Late

Projected term

3 weeks

Lenders

G

guenter

Bremen, Germany

C

Carol

Falmouth, United States

Urszula

United Kingdom

GB

Glenn Butler

United States

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Summary

Amount repaid

$0.00

Amount remaining

$43.79

Expected completion

Oct 28, 2018

Status

Repaying late

Installment amount

$14.60

Repayment History

Expected Payments Actual Payments
Oct 14, 2018 $14.60
Oct 21, 2018 $14.60
Oct 28, 2018 $14.58

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