Adding more stock

Robert Otieno

Nakuru, Kenya

150% paid forward

Entrepreneur

Name

Robert Otieno

Member since

March 2017

On-time repayments

82 installments  •  32%

About Me

am a business man with 15 years experience
I started from a humble beginning i was selling eggs in the streets of Kisumu City . I left egg selling and followed my passion in music and become a super DJ .I played music for about ten years. i also left the entertainment industry and joined cyber cafe business which currently am running. Each business operate independently I have employed seven employee s each business 2 employees If I get a loan from you I will expand my business to an empire

My Business

Cyber Dee is a growing Cyber business in Nakuru City that deals with Information Technology, Printing and Internet Services. Cyber Dee is also an education center where we offer Short Courses on Computer technology and skills.
We currently earn an annual revenue of Ksh.1,250,000. Moreover, we are seeking an investment of Ksh. 950,000/= to Expand our Business and open new branches near major residential areas, in return for 10% of the new branch future annual earnings.
Problem
The housing market in Nakuru City has improved and increased rapidly over the years. Many people are moving to and living in this prospering city. However, not all residential areas have accessible Internet, Knowledge to use the internet or afford to purchase hardware to use in their daily internet service in which these new residents may utilize our already available Manpower and quality service. Our company would like to take advantage of the low competition and strong demand in these areas.
Solution
We aim to open this branch near the residential areas in the city. We will cater to both local and foreign individuals, groups, and families living or staying in such areas.
Target Market
Our Cyber Business targets the local and tourist populations of and near the city's new residential areas.
Scope of Work
The business loan will be used for our promotional efforts, equipment and furniture, and employee wages. This will allow us to reinforce our brand, upgrade our equipment, and compensate our employees for their services rendered. All these are essential to allow our team to continue serving our clientele.
Funding Required
DESCRIPTION PURPOSE AMOUNT
Renovations Three 1,500 sq. ft. commercial
lots 900,000.00
Materials Construction materials 1,100,000.00
Construction Design, labor, equipment,
technology, and tools 1,800,000.00
Marketing Attract target customers 700,000.00
Total Funding Required 4,500,000.00

Project Proposal

I want to add more stock to my shop.After some few renovation and painting customers have been flocking in my shop for new goods if get funds immediately the earlier the better i wont loose any of the customers

Feedback

None

None

None

Project Info

Project Type

Pay It Forward

Disbursed amount

$52.41

Date disbursed

Sep 25, 2022

Cost to entrepreneur

Service fee: $2.49

Pay It Forward contribution: $7.47

Backers

Oki Sunaryo

Sukabumi, Indonesia

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  • Robert Otieno    Jan 27, 2023

    Hello lenders I have completed repaying my last loan . i opened another branch thats why i was able to pay on time. i was also managed to pay extra amount and back several Zidisha family(20) members get there loans approved in time by funding them . Your consideration will be highly appreciated.Kindly accede to my request

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  • Robert Otieno    Nov 1, 2022

    I thank Members Who Funded my Project i appreciate you all . This fund will help me expand my business. God bless

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  • Robert Otieno    Nov 1, 2022

    Thanks to all lenders who funded my projects am now going to expand my business

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  • Robert Otieno    Nov 1, 2022

    i need to renovate my business so as to attract more customers do some painting

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  • Robert Otieno    Oct 16, 2022

    add more stock to my business empire which i had initiated before

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  • Robert Otieno    Oct 16, 2022

    i will initiate a new project and ad lots of stock

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  • Robert Otieno    Oct 16, 2022

    Hi lenders my last project helped me achieve more stock in my entire business thats why i was able to pay within a short time

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  • Robert Otieno    Sep 25, 2022

    i will buy a photo printer it will help in cyber performance . I WOULD like to thank all those who funded me it was great.

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  • Robert Otieno    Sep 25, 2022

    add more cyber stock to enhance my business. IF this is done in time i will expand my business

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  • Robert Otieno    Sep 25, 2022

    I would like to congratulate all the backers who assisted me to achieve my goals. In the last loan i was able to repair the machine with your funds. Your consideration will be highly appreciated when you assist me in my next loan

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  • Robert Otieno    Aug 3, 2022

    hi lenders i started with two computers now i have 12 computers and printers just because of your loan.Am requesting for more funds to enlarge my business .Kindly accede my request .Your consideration will be highly appreciated . If i get more funds i will expand my business empire

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  • Robert Otieno    Nov 7, 2021

    My name is Robert Otieno. I live in Nakuru. I father of three children, a girl and a boys i love my wife and we a both devoted Christians. My Education background is collage level. I hold a Certificate in Association of Computer professional (A.C.P). I run a Computer Office Bureau cum Cyber cafe and a MPESA shop all together. my ambition is to climb the ladder of success through Zidisha and become a living example to others. I hope Zidisha will make my dream come true.
    Thanks

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  • Robert Otieno    Sep 28, 2020

    My name is Robert Otieno. I live in Nakuru. I father of three children, a girl and 2boys i love my wife and we a both devoted Christians. My Education background is collage level. I hold a Certificate in Association of Computer professional (A.C.P). I run a Computer Office Bureau cum Cyber cafe and a Barber shop all together. my ambition is to climb the ladder of success through Zidisha and become a living example to others. I hope Zidisha will make my dream come true.
    Thanks

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  • Robert Otieno    Sep 28, 2020

    My name is Robert Otieno. I live in Nakuru. I father of three children, a girl and a boys i love my wife and we a both devoted Christians. My Education background is collage level. I hold a Certificate in Association of Computer professional (A.C.P). I run a Computer Office Bureau cum Cyber cafe and a Barber shop all together. my ambition is to climb the ladder of success through Zidisha and become a living example to others. I hope Zidisha will make my dream come true.
    Thanks

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  • Robert Otieno    Mar 22, 2019

    I write this business proposal to ask zidisha to fund me so that I can ensure that by the end of the year I have a well thriving business. I will diversify the machines in my firm so as to have a number of customers in my firm. I will set aside funds towards this project . This is to ensure that both music and sound production is high. I expect to invest about USD 700 towards my whole project. This will ensure that by start of next year, I will have variety of gigs and from corporate firms thus repay my loan and expand my business at ease. Currently am running a cybercafe and MPESA outlet

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  • LJ    Mar 20, 2019

    Hi, Robert.

    Please note that the public Discussion pages in borrower accounts
    are *not* an alternative way to reach the Zidisha Team Staff.

    The public Discussion pages in borrower accounts are for communications between lenders and borrowers about their businesses and their lives in general. (These pages also are for VMs to post comments for the borrower and/or for the borrower's lenders.)

    www.zidisha.org/faq
    Please remember what it states in the FAQs:
    "Whom should I contact with questions or concerns?"
    "You may contact the Volunteer Mentor whose phone number is displayed in your Zidisha account. You may also post questions and comments in our Member Forum to request a response from the Zidisha community. IF YOU NEED DIRECT ASSISTANCE FROM ZIDISHA STAFF, YOU MAY USE THE HELP PAGE OF YOUR ACCOUNT TO SEND US A MESSAGE." [emphasis added]

    The HELP link in your account is the way to reach the Staff, as they rarely ever visit borrower Discussion pages. (Replies in the Forum also are rare, except from other community members--borrowers and lenders--but borrowers and lenders cannot help with anything administrative.)

    Please also keep in mind that there currently are only two people on the Staff (www.zidisha.org/team). So, after sending a private inquiry to them via the HELP link, borrowers have to remain patient and just have to keep checking their account to find out when their issue has been resolved.

    We lenders have a HELP link in our accounts, too. Just like borrowers, we have to be patient to wait for replies from the recently very pared-down Zidisha Staff, as well.

    I hope you soon will receive the assistance you're seeking from the Staff.

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    • Robert Otieno    Mar 21, 2019

      Thanks very much laurie please forward the message to the Zidisha Staff for me for assistance .Your consideration will be highly appreciated

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      • LJ    Mar 21, 2019

        Is there some reason why you can't send them a message yourself? If I make an exception for you, I'd have to make an exception for everyone. If you're not finding a help option with a text-box available for typing a message to them from the HELP link in your account, I think that would be because of a technical glitch affecting your account. In that case, you would need to post in the "Borrower Questions" section of the Forum to let them know. They will see it there, although they may not reply. Normally, borrowers just would need to keep checking their account from time to time to see when the problem is resolved. I hope you have a text-box option available for you, though, to type them a private message from within your account. Best wishes.

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  • Robert Otieno    Mar 19, 2019

    Hi, I paid 1000ksh to upgrade to premium membership but when checking in the loan option, I m unable to process any loan it is closed what can be happening or i paid to wrong account

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  • Robert Otieno    Mar 15, 2019

    Hi, I paid 1000ksh to upgrade to premium membership but when checking in the loan option, I m unable to process any loan it is closed

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  • Robert Otieno    Mar 13, 2019

    i didn't get loan even after paying a service fee of 1000

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  • Robert Otieno    Oct 11, 2018

    attached is my newlook cyber i need to purchase new machines kindly accede to my request

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