Stephen
Subukia, Kenya
100% repaid
Name
Stephen
Member since
April 2016
On-time repayments
182 installments • 42%
The following are the required start-up costs:
The purchase of Dan Jokerdoc D.D.S.' private practice. The purchase includes the patient list, office space, front chair and desk, two dental chairs, two light systems, fully-equiped sterilization room, compression air system with a suction unit, x-ray unit, mirrors, and a phone system. This practice has been valued by the following variables: equipment, office space already built for a dentist, goodwill, and future revenue streams. The equipment has been valued at $30,000, $15,000 for tenant improvements on the office space, the patient list at $5,000 and $25,000 for future profitability. The entire practice was sold for $65,000 because Dr. Jokerdoc was in need of quick cash. Statistical studies have shown that patients that are made comfortable are likely to stay with the new doctor when a practice is sold. This will help with cash flow, minimizing the amount of start-up cash. The bulk of the equipment needed will procured through the purchase of the practice, however, there is a lot of equipment that will be needed to be purchased separately.
The following list details what else will be needed.
Front desk equipment including a Xerox machine, fax machine, a computer terminal with Microsoft office, QuickBooks Pro, laser printer and a CD-RW.
Disposables which include: assorted trays and explorers, x-ray film, filling material, paper products, and impression material.
Placing instrument.
Curing instrument.
Ultrasonic scaler (for removal of prophylaxis).
High- and low-speed drills (enough for two operators).
Please note that all items that are to be used for more than a year will be classified as long-term capital assets and will be depreciated using the G.A.A.P approved straight-line method of depreciation.
I intend to borrow Zidisha loan so as to construct a permanent cow shed in my farm. The one that I am having is not permanent and requires frequent repairs. I feel my two cows are not comfortable since when it rains the shed seems to be in a mess and even when milking, the shed looks a mess. With this I require the following
600 feet stones - USD 60
Sand - USD 25
Ballast -USD 20
Cement -USD 35
Offcuts -USD 30
Timber -USD 28
10 Iron sheets -USD 45
Nails -USD 0.8
Labour -USD 60
This means that I require about USD 300, I understand my first loan from Zidisha may not cover all the costs and there fore I will set aside some funds from personal savings.
I will construct a large shed that will accommodate about 3 cows as I plan to have additional ones in the near future.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Apr 22, 2016
Repayment status
On Time
Projected term
21 months
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JimVandegriff Nov 6, 2017
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