Emmanuel
Embu, Kenya
100% repaid
Name
Emmanuel
Member since
February 2015
On-time repayments
215 installments • 83%
I am Emmanuel Jua aged 29years. I grew up in Embu which is on the slopes of mt kenya. I schooled in the neighbouring county in high school and managed to get a grade to take me to tertiary education. enrolled in chuka university for a degree in commerce. having an entrepreneur mindset and from the push of need I took a loan with zidisha in 2015 and a few borrowing from friends and was able to start a cyber while in my 2nd year of study. since then I've regularly borrowed from zidisha with a good repayment schedule and credit score and was able to grow the cyber. it assisted me alot to earn day to day living in the university. I was able to graduate in 2017 and from then I was able to employ some two other people. I'm grateful to zidisha this far and I look forward to a more mutual beneficial business relationships.
I run a cyber cafe located within the university whereby I have two printers. a kyocera taskalfa and an Epson coloured printer. I have two desktops and now wish to expand by adding five more desktops to broaden my customer base. this will see me grow the day to day profit and this will be a plus to me and also to the community since I will have brought services closer to them
I will use 800dollars of the loan to buy my cyber cafe a kyocera machine model 300i for this coming semester so that it will be a one stop place and increase service speed.This way I will be able to increase my service sales by minimizing delay with the fast printer serving more customers thus my profit margin will increase with roughly 5-7 dollars per day and thus will be able to comfortably repay zidisha and earn an extra coin which is the main objective of a business. Thanks in advance
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Project Type
Classic Loan
Disbursed amount
$840.00
Date disbursed
Aug 24, 2017
Repayment status
On Time
Projected term
23 months
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