My son school fees for second term
Lucky
Makindu - Nguuni, Kenya
100% repaid
Entrepreneur
Name
Lucky
Member since
April 2015
On-time repayments
169 installments • 72%
About Me
I completed my primary school level in the year 1993, and in the year 1994 I joined high school but due to lack of school fees I dropped out. March 1994 I traveled to Mombasa, I got a job in a cybercafé as cleaner. Here's where I worked and trained in computers. Due to my good work and experience, one of my client gave me a used photocopier machine and one computer which I started a business: a small bureau.
My Business
First, I operated in a small bureau, in my bureau I did photocopy and typesetting but the competition was high due to many and well equipped bureaus around. The profit that I get from the shop wasvery low, cannot cartered for my life expenses. That's why I was seeking a loan to upgrade my bureau with more computers and stationery.
Recently I switched to another business: Sugarcane Juice. I do crush 50pcs of sugarcane in one day, the business is going very well.
One pc of sugarcane is sold at kshs. 35 at our nearby market (Kongowea).
50pcs = Kshs. 1,750/= and when i sell the juice I get Kshs. 5,000/=.
I employed a small boy whom I pay Kshs. 300/= per day.
It is a good business, my profit can be Kshs 2950!
Loan Proposal
Thank you for this opportunity, i will very glad if you fund me this loan, because i still need to buy the said computer and also to pay the full second term fee for my Son.
i hope this loan will change my life..
About Me
I, completed my primary level in the year 1993, and in the year 1994 I joined high school but due to lack of school fees I dropped out. March 1994 I traveled to Mombasa, I got a Job in a cyber as cleaner that where I worked and trained in computers. Due to my good work and experience, one of my client gave me a used photocopier machine and one computer where I started a small bureau.
My Business
I operate a small bureau, In my bureau I do photocopy and typesetting but the competition is high due to many and well equipped bureaus around. The profit I get from the shop is very low cannot carter for my life expenses. Thats why I,m seeking a loan to upgrade my bureau with more computers and stationery.
Dear Lenders,
I switched to another business of Sugarcane Juice, where by the business is doing very well i do crush 50pcs of sugarcane in one day. One pc of sugarcane sold at kshs. 35/= at our near buy market (Kongowea). 50pcs = Kshs. 1,750/= and when i sell the juice i get Kshs. 5,000/=. I employed a small boy whom i pay Kshs. 300/= per day. It is a good business whereby after my sells which is Total Sells Kshs 5,000 minus Kshs. 1,750 for sugarcanes and minus Kshs. 300 for the boy i remain with Kshs 2950/= Profit.
Dear Lenders,
I thank God and your support for making me be a businessman, This sugarcane Juice business is doing very well, though we operate in a open place using big umbrella to cover us for direct sunlight, But the business is paying thats why i want to add another Sugarcane Crusher Machine to extend my business after getting another good place. The machine costs Kshs. 50,000/= which is equivalent to USD 497. The place we buy sugarcane (Kongowea Market ) they reduced price of sugarcane from Kshs. 35/= to Kshs. 30/= because now i take more than 100pcs a day and i can crush 70pcs a day, thats gives me a good profit of Kshs. 7,000/=. i also added daily payment of my boy from Kshs 300/= to Kshs. 350/= plus lunch of Kshs. 50/= that totaling to Kshs. 400/= per day.
Loan Proposal
Thank you for this opportunity, i will very glad if you fund me this loan, because i still need to buy the said computer and also to pay the full second term fee for my Son.
i hope this loan will change my life..
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Loan Info
Project Type
Classic Loan
Disbursed amount
$361.00
Date disbursed
May 19, 2016
Repayment status
On Time
Projected term
6 months
Other loans
Lenders
Austin, United States
Shimoni, Kenya
United States
Germany
United States
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Summary
Amount repaid
$379.05
Amount remaining
$0.00
Date repaid
Nov 5, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 29, 2016 | $15.22 | May 27, 2016 | $15.22 |
| Jun 5, 2016 | $15.22 | May 27, 2016 | $10.15 |
| Jun 4, 2016 | $5.07 | ||
| Jun 12, 2016 | $15.22 | Jun 4, 2016 | $5.07 |
| Jun 11, 2016 | $10.15 | ||
| Jun 19, 2016 | $15.22 | Jun 18, 2016 | $15.22 |
| Jun 26, 2016 | $15.22 | Jun 18, 2016 | $5.07 |
| Jun 25, 2016 | $10.15 | ||
| Jul 3, 2016 | $15.22 | Jun 25, 2016 | $10.15 |
| Jul 2, 2016 | $5.07 | ||
| Jul 10, 2016 | $15.22 | Jul 2, 2016 | $13.72 |
| Jul 9, 2016 | $1.50 | ||
| Jul 17, 2016 | $15.22 | Jul 9, 2016 | $13.72 |
| Jul 16, 2016 | $1.50 | ||
| Jul 24, 2016 | $15.22 | Jul 16, 2016 | $15.22 |
| Jul 31, 2016 | $15.22 | Jul 16, 2016 | $3.37 |
| Jul 24, 2016 | $11.85 | ||
| Aug 7, 2016 | $15.22 | Jul 24, 2016 | $5.40 |
| Jul 30, 2016 | $9.82 | ||
| Aug 14, 2016 | $15.22 | Jul 30, 2016 | $10.47 |
| Aug 6, 2016 | $4.75 | ||
| Aug 21, 2016 | $15.22 | Aug 6, 2016 | $14.53 |
| Aug 13, 2016 | $0.69 | ||
| Aug 28, 2016 | $15.22 | Aug 13, 2016 | $9.46 |
| Aug 28, 2016 | $5.76 | ||
| Sep 4, 2016 | $15.22 | Aug 28, 2016 | $4.22 |
| Sep 3, 2016 | $11.00 | ||
| Sep 11, 2016 | $15.22 | Sep 3, 2016 | $4.22 |
| Sep 11, 2016 | $11.00 | ||
| Sep 18, 2016 | $15.22 | Sep 11, 2016 | $4.22 |
| Sep 17, 2016 | $11.00 | ||
| Sep 25, 2016 | $15.22 | Sep 17, 2016 | $1.18 |
| Sep 24, 2016 | $14.05 | ||
| Oct 2, 2016 | $15.22 | Sep 24, 2016 | $3.21 |
| Oct 3, 2016 | $12.02 | ||
| Oct 9, 2016 | $15.22 | Oct 3, 2016 | $4.22 |
| Oct 8, 2016 | $11.00 | ||
| Oct 16, 2016 | $15.22 | Oct 8, 2016 | $4.22 |
| Oct 16, 2016 | $11.00 | ||
| Oct 23, 2016 | $15.22 | Oct 16, 2016 | $0.87 |
| Oct 22, 2016 | $14.35 | ||
| Oct 30, 2016 | $15.22 | Oct 22, 2016 | $0.87 |
| Oct 29, 2016 | $14.35 | ||
| Nov 6, 2016 | $15.22 | Oct 29, 2016 | $0.87 |
| Nov 5, 2016 | $14.35 | ||
| Nov 13, 2016 | $13.71 | Nov 5, 2016 | $13.71 |
Dirk Nov 7, 2018
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