Addition of two computers

Lydia Mwakwida

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Lydia Mwakwida

Member since

September 2020

On-time repayments

76 installments  •  100%

About Me

My name is Lydia Mwakwida, I am a business lady married with 3 children. I hail from coastal region of Kenya. I did both primary and secondary Education in Coast region. My father before his demise was a business man. He introduced me greatly to business as I was her favorite daughter. He had a registered business and a farm. In my teen years I would accompany him when he does direct sales hence my learning in interpersonal relationship with clients. I did my college training in Nairobi where I got married, me and my husband later agreed that as a couple we should not go for formal employment. That is about 14 years ago I have been in running our family business. My business started small with little support from members of family. The business has had its shares of trouble like wrong partnership, business doors closed because of rent problems but we thank God we have overcome all

My Business

I operate a cyber cafe as the main business, the activities include printing, browsing, Photocopying, scanning, Internet services. Others side activities are selling popcorn, selling exercise books. My typical costs are rental, my assistant wages and cost of buying stocks. The proceeds from the business I use in paying school fees, my rental house and supporting my extended family

Loan Proposal

I plan to buy 2 computers for my my family cyber, i am the manager of the same. Customers will not now wait for other customers to finish browsing. At the end of the month income will have increased and paying my staffs and my rents at the end of the month will improve.

Income Source

My business is an ongoing one, the business has not been greatly affected by the Covid19, a lot of people do their business at home and the ones who don't have internet do it in cabers

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$15.59

Date disbursed

Oct 7, 2020

Repayment status

On Time

Projected term

4 weeks

Cost to entrepreneur

Service fee: $1.40

Credit risk payment: $1.40

Lenders

Paul Buchheit

Mountain View, United States

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