Cybercafé business

Nelson

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Nelson

Member since

April 2020

On-time repayments

23 installments  •  26%

About Me

Iam Nelson Irahaka Chabaga, I was born in Vihiga Sub County in a small village called Gaptum.Iam 23yrs Old. I grew up with a vision and greater ambitions. In the mean time I was raised by my grandparents and that made me whom Iam today.

As for my biological parents, they could not live together due to constant wrangle, hence their separation when I was only 4.

Due to my hand working nature and preserverace in school, I manage to sit for my Kenyan Certificate of Primary Education (KCPE) exams in 2013, Scoring 312/500. Though hardship I manage to Join Technical Training School and Manage to sit for Grade 3 Trade Test.

Then I began working as Cacual Labourer in a private Cleaning Services, and I started collecting the capital needed for my dream business that I want to do.

My Business

My business is a Sole Proprietorship. I provide Cyber Cafe Services, electronic and related online content as per the client needs/demands.

I have been doing this business since 2018

Currently in 2020, My typical cost is about $1106.50 and I expect my profit to be about $460.67 . I will use my profit to support my young siblings.
Some examples of add_on Services Include;
Computer Training (particularly in Rural areas)
Graphic design & Printing of Promotional Materials
I. T Services
Booking Driving Licences
KUCCPs Application
Returns

Meanwhile a well run cybercafe, with atleast 3 computers, and with added services( such as those listed above)
So Iam really earning for funding.

Loan Proposal

I would use the loan to increase my cyber cafe Machines like heavy Printer of my cyber cafe. A new one goes for a minimum of 120,00. This Machine would Increase efficiency with a faster speed needed to boost my sales.

Income Source

Dew to this Co-vid 19 cases, it has affect many businesses people. Meanwhile on my behalf I worked in a private company, which is cleaning Services. In earning I earn 10,000 per week. So I will able to refund ur money as I can.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$34.00

Date disbursed

Sep 8, 2020

Repayment status

On Time

Projected term

4 weeks

Lenders

Paul Buchheit

Mountain View, United States

brian wallace

london, United Kingdom

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