Name
Dennis
Member since
May 2017
On-time repayments
20 installments • 25%
My name is Dennis Gaiti Wanjiku,I was born at Thika to a single mother.I was educated by my grandmother since I lost my mum at a small age.I was good in school and performed fairly good.I finished high school in 2008 and joined University of Nairobi.Unfortunately I had to drop out since I lost my grandmother while there.I looked for a job in order to survive and I was lucky to find one.I have worked several jobs since then and I think it's time to start my own business since I am passionate about what I want to do.
My business idea is a gaming centre where people who can't afford to buy their own play station can come and play games.Students can also come to compete with their friends when they are free.The center will include 10 flat screen televisions and play stations each pair in a built in compartment.There will also be a snack centre where clients can buy food when they need to eat or as they wait to play.The charges will be hourly and there will be two assistants to help the customers .I have done ample research on the viability of the business and I am sure it will generate a good profit.
I Will use 300 dollars to buy a PlayStation and 150 dollars to buy playing pads and the reminder as cashflow for petty cash expenses.
There are day in day out expenses that are required like cleaning expenses,toiletries,payment of the internet and airtime.All this expenses are part of the petty cash expenses and cash needs to be set aside for when they arise.There is also security expense which is paid monthly to ensure our clients are safe and also the facility itself.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$525.00
Date disbursed
Jul 12, 2017
Repayment status
On Time
Projected term
3 months
Other loans
United States
United States
Amount repaid
$525.24
Amount remaining
$0.00
Date repaid
Mar 12, 2019
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jul 22, 2017 | $39.51 | Mar 11, 2019 | $2.47 |
Mar 12, 2019 | $37.04 | ||
Jul 29, 2017 | $39.51 | Mar 12, 2019 | $39.51 |
Aug 5, 2017 | $39.51 | Mar 12, 2019 | $39.51 |
Aug 12, 2017 | $39.51 | Mar 12, 2019 | $39.51 |
Aug 19, 2017 | $39.51 | Mar 12, 2019 | $39.51 |
Aug 26, 2017 | $39.51 | Mar 12, 2019 | $39.51 |
Sep 2, 2017 | $39.51 | Mar 12, 2019 | $39.51 |
Sep 9, 2017 | $39.51 | Mar 12, 2019 | $39.51 |
Sep 16, 2017 | $39.51 | Mar 12, 2019 | $39.51 |
Sep 23, 2017 | $39.51 | Mar 12, 2019 | $39.51 |
Sep 30, 2017 | $39.51 | Mar 12, 2019 | $39.51 |
Oct 7, 2017 | $39.51 | Mar 12, 2019 | $39.51 |
Oct 14, 2017 | $39.51 | Mar 12, 2019 | $39.51 |
Oct 21, 2017 | $11.58 | Mar 12, 2019 | $11.58 |
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