Loan to buy office supplies equipments

John

O. Rongai, Kenya

100% repaid

Entrepreneur

Name

John

Member since

February 2016

On-time repayments

46 installments  •  76%

About Me

Thank you.
I was borne and brought up in a rural set up, went to school like any other child and grew being loved by parents and the society.
I am a second born in a family of four. My parents were peasants and practiced cultivation and keeping a few livestock. I used to help my parents with domestic activities while attending school. I managed to finish secondary education and proceeded to a technical course where I did a Diploma in computer engineering. Upon completion fist of all worked as a sales person in a private company that was dealing with computer supplies that had given me an internship. I worked there for close to four years when i gathered enough money with an aim of starting my own business of office supplies and stationary. I had a lot of customers whom I left the employment to offer the service to them. I left with a good number of customers who preferred my work and that are how I came to start my own business. What is unique about the place I stay is that society coexists and embraces one another. My children would like to be educated and acquire skills to be entrepreneurs. My unique hobby is helping the needy in the community and watching football.
Thank you.

My Business

My business is purely both in offering goods and services.
I supply office equipment, stationary and offer computer maintenance like computer cartridge refilling and software installations.
I choose this kind of job because I love it have a wide experience in it besides being my profession.
My typical costs are cost of buying maintenance equipment and accessories, antiviruses and office software applications. My profit goes towards meeting these cost and my personal expenses while helping my parents back home.
Thank you.

Loan Proposal

When i get my fist loan,i will first of all buy the stock of items that are on a daily demand and are giving me the biggest return that is Ink Cartridges/Toners for office computer maintenance services HP & Epson,at a cost of USD52.00.
I will also buy the latest antivirus and cleaning equipment both at a cost of USD7.50.
By getting these products, i am prepared to function effectively in the computer maintenance and networking fields by applying relevant technical knowledge and technical skills to my customers who will be more satisfied with my services.
My income will increase from the current USD200.00 to 300.00 per month.
This will be a great achievement to me.
Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Feb 12, 2016

Repayment status

On Time

Projected term

6 months

Other loans

Lenders

Craig Newmark

United States

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Summary

Amount repaid

$210.54

Amount remaining

$0.00

Date repaid

Aug 29, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Feb 21, 2016 $8.00 Feb 25, 2016 $8.00
Feb 28, 2016 $2.70 Feb 29, 2016 $2.70
Mar 6, 2016 $2.70 Mar 6, 2016 $2.70
Mar 13, 2016 $2.70 Mar 10, 2016 $2.70
Mar 20, 2016 $2.70 Mar 16, 2016 $2.70
Mar 27, 2016 $2.70 Mar 17, 2016 $2.70
Apr 3, 2016 $2.70 Mar 23, 2016 $2.70
Apr 10, 2016 $2.70 Apr 5, 2016 $2.70
Apr 17, 2016 $2.70 Apr 13, 2016 $2.70
Apr 24, 2016 $2.70 Apr 18, 2016 $2.70
May 1, 2016 $2.70 Apr 20, 2016 $2.70
May 8, 2016 $0.00
May 15, 2016 $2.10 May 17, 2016 $2.10
May 22, 2016 $2.10 May 29, 2016 $2.10
May 29, 2016 $0.00
Jun 5, 2016 $1.30 Jun 9, 2016 $1.30
Jun 12, 2016 $0.00
Jun 19, 2016 $0.00
Jun 26, 2016 $1.20 Jun 24, 2016 $1.20
Jul 3, 2016 $1.20 Jul 7, 2016 $1.20
Jul 10, 2016 $1.20 Jul 13, 2016 $1.20
Jul 17, 2016 $1.20 Jul 19, 2016 $1.20
Jul 24, 2016 $0.00
Jul 31, 2016 $27.54 Jul 30, 2016 $27.54
Aug 7, 2016 $27.54 Aug 3, 2016 $27.54
Aug 14, 2016 $27.54 Aug 17, 2016 $27.54
Aug 21, 2016 $27.54 Aug 17, 2016 $27.54
Aug 28, 2016 $27.54 Aug 29, 2016 $27.54
Sep 4, 2016 $27.54 Aug 29, 2016 $27.54

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