Addition of computer at the cybercafe

Obed

Nakuru, Kenya

10% repaid

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How it Works

Entrepreneur

Name

Obed

Member since

February 2015

On-time repayments

25 installments • 12%

About Me

I was born in Nakuru Town in 1991. I am the second born in family of three. I currently have a business in Nakuru town Biashara centre. I am a holder of a diploma in Business management. I am a from the Teso Community. I am a Christian.

My Business

Name of the business, Etyang Comps. Enterprise. It is a movie centre cum cybercafe. I chose this business after i lost my job where i used to work and was tired with being supervised and working under harsh conditions. Running the business is sometimes challenging due to power outages but i manage. The business is fully licensed and operates with no problems. My monthly profit ranges from 250 dollars to 350 dollars. My expenses normally add up to 200 dollars and i am always in a position of making 100 dollars monthly profits. of which it goes to my savings. I am aiming at increasing my sale drive to 85% after the addition of the machine. I will have minimized the traffic as clients always have to wait in a que for the service hence the addition will at least cut the inconvenience. I am also looking to adding another machine immediately I am done repaying this loan. I am looking forward to paying this loan in good Faith.

Loan Proposal

I will use the loan to acquire a new machine as an addition to my computers. The whole set will cost around 120 dollars. And in that I will be sure of increasing my sale drive. On adding that machine I will decrease the traffic of demand at my cybercafe as it will ease the congestion.