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
I didn't make to buy the printer, because the amount was little, am hoping after getting this loan i will add some amount so that i can buy the printer.
My bureau needs a good printer to make the work easier.
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
I didn't make to buy the printer, because the amount was little, am hoping after getting this loan i will add some amount so that i can buy the printer.
My bureau needs a good printer to make the work easier.
Feedback
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Neutral
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Loan Info
Project Type
Classic Loan
Disbursed amount
$93.00
Date disbursed
Aug 1, 2015
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
Colorado, United States
United States
United States
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Summary
Amount repaid
$97.19
Amount remaining
$0.00
Date repaid
Nov 28, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 9, 2015 | $5.15 | Aug 9, 2015 | $5.15 |
| Aug 16, 2015 | $5.15 | Aug 15, 2015 | $5.15 |
| Aug 23, 2015 | $5.15 | Aug 22, 2015 | $5.15 |
| Aug 30, 2015 | $5.15 | Aug 29, 2015 | $5.15 |
| Sep 6, 2015 | $5.15 | Sep 5, 2015 | $5.15 |
| Sep 13, 2015 | $5.15 | Sep 5, 2015 | $5.15 |
| Sep 20, 2015 | $5.15 | Sep 16, 2015 | $5.15 |
| Sep 27, 2015 | $5.15 | Sep 16, 2015 | $4.07 |
| Sep 26, 2015 | $1.08 | ||
| Oct 4, 2015 | $5.15 | Sep 26, 2015 | $1.47 |
| Oct 2, 2015 | $3.68 | ||
| Oct 11, 2015 | $5.15 | Oct 2, 2015 | $4.27 |
| Oct 12, 2015 | $0.89 | ||
| Oct 18, 2015 | $5.15 | Oct 12, 2015 | $5.15 |
| Oct 25, 2015 | $5.15 | Oct 12, 2015 | $2.06 |
| Oct 24, 2015 | $3.09 | ||
| Nov 1, 2015 | $5.15 | Oct 24, 2015 | $4.54 |
| Nov 1, 2015 | $0.62 | ||
| Nov 8, 2015 | $5.15 | Nov 1, 2015 | $5.15 |
| Nov 15, 2015 | $5.15 | Nov 14, 2015 | $5.15 |
| Nov 22, 2015 | $5.15 | Nov 22, 2015 | $5.15 |
| Nov 29, 2015 | $5.15 | Nov 22, 2015 | $4.56 |
| Nov 28, 2015 | $0.60 | ||
| Dec 6, 2015 | $5.15 | Nov 28, 2015 | $5.15 |
| Dec 13, 2015 | $4.40 | Nov 28, 2015 | $4.40 |
Dirk Nov 7, 2018
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