Additional ps

Samson Mbaluka

Kithimani, Kenya

100% repaid

Entrepreneur

Name

Samson Mbaluka

Member since

July 2016

On-time repayments

141 installments  •  25%

About Me

Coming from a poor back I was sponsored by Action aid to school. I managed a Bcomm degree.
By the time I finished my University education I knew I have a heart for business. I wanted to do business.
After looking for a good job for a few years, I realized I could be wasting my time. I settled for self employment.
I started a Cyber cafe, Yatta, Machakos County. I am a monopoly in the area.

My Business

I ran a cyber cafe business in Kithimani, Yatta in Machakos County, where I provide the following services among others:
- Internet services
- Computer Training
- Typesetting
- Gaming and games
- etc
The reliability of my internet services and the fact that I am a monopoly encourages me to put more efforts towards building up a stronger brand in Yatta Sub-County.
- I am married with three kids. One has just joined University.
- i am looking for a way build some realiable power supply for the business since The region is prone to frequent power black outs which highly affects my power-intensive business.

Loan Proposal

I wish to purchase an additional play station for my Cyber cafe. Estimated cost is $60. I will add the loan amount to realize this value. There is an estimated daily income of $2 from a play station in my cyber cafe. I have two PSs and an additional station will bring a total daily income of $6 totaling to monthly income of $60. This part of the income in the cyber.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$32.34

Date disbursed

Apr 20, 2017

Repayment status

Late

Projected term

6 weeks

Cost to entrepreneur

Service fee: $1.36

Lenders

MarktheMormon

Sandy, Utah, United States

C P

Mazatlan, Mexico

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