Purchasing a printer and adding stationery equipment for cybercafe.

Victor

Mariakani - Kafuduni, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Victor

Member since

February 2015

On-time repayments

96 installments • 21%

About Me

I am Victor Momanyi Okemwa born in 1992 in Kisii County, Gucha District Ogembo Division Mesesi Sub-location. I am the second born in a family of four children (two boys and two girls). I joined Gakero Primary School in the year 1998 and later did my K.C.P.E in 2006. I joined Magena Secondary School in 2007 and did KCSE in 2010.
In 2011 February I moved to Mombasa and joined Trevor Technologies where I worked as a Salesman for a period of three year. What I saved helped me to start my own business which is a stationery shop and cyber cafe. I started this business to shorten the long distance covered by local people to and fro the main town (Mombasa town). I offer several services like Printing, scanning, Photocopy, and also online services (HELB Loan Application, KRA Pin Application, Emailing etc)

My Business

I started this business to help me achieve my dream as a businessman and also shorten the long distance which the local people used to cover to and fro the main town (Mombasa town). The business is challenging due to high competition. But as an experienced businessman I struggle to overcome this competition by offering my customers the best services in town and this help me attract more customers who introduce their friends to my business.
Due to friendly services my customers prefer my business and also I sell my items at a good price. Currently my business gives me a minimum of 10% profit per month and this is how I will be able to repay back the loan when given.

Loan Proposal

I need this loan because it will be of good help to me in boosting the capital that I have at hand to buy stationery and cyber café equipment such as a printer, photocopy papers, laminating films, pens, exercise books, Photo frames etc on wholesale. With this equipment I will make a good profit and I will have no problem raising the installments so as to pay back the loan on time. This will also help me to expand and offer the business to other local areas.
Waiting for your positive response towards the above.

Thanks Zidisha