Cybercafe business

Gibson

Lugango Village, Kenya

100% repaid

Entrepreneur

Name

Gibson

Member since

September 2014

On-time repayments

97 installments  •  98%

About Me

i am business man providing computer services at Khayega Market, and i am also a vendor in scratch cards of safaricom, orange and YU mobile service provider. I also provide internet cyber services. i was born in1981 as a last born in a family of 8 siblings. am holder of a certificate in computer studies. Am a father to a handsome son Giggs Witaba and a lovely husband to Mildred Ingosi a teacher by occupation and profession. My hobbies are Bicycle riding, reading magazines and volunteering to the community. i started this business because i have passion for technology coupled with my academic background in computer studies. The computer business my major source of income. i start the business on a veranda of a friend shop with one computer and simple printer that could not carry out a photocopying function in 5 years ago. I have increased my asset base to 5 Computers and 2 copier cum printer machines, A photo printer, guillotine and a laminating machine. My CPU are slow in that the can not match the service demand and therefore need to look for a high processing CPU at KSH 30,000 ( abt 360 dollars)

My Business

The following are some of my sources of income:-
1. Typesetting and printing - $ 300
2. Photocopy services - $ 160
3. Scanning - $ 25
4. Lamination - $ 30
5. Binding - $ 20
7. Internet services - $ 60
8. Training - $ 60
9. Scratch cards - $1700
Total monthly sales turn over - $ 2355
Total operational costs adds to $ 1964
Net profit is $ 391
The above profit i use 3/4 and the remaining i save $ 97 towards the expansion of the business. I believe with help of loan from Zidisha i can easily my business and employ two people.

Loan Proposal

I will increase my stock because the demand is quite high.
Hence increase in proceeds and i would have improved my financial status and at the same time rendered a very vital service to my clients.
I will increase the number of packets for airtime of different companies which includes:- Safaricom, Orange and airtel.
I expect my profit to increase by 30% if things goes on well as expected. I kindly request for your prompt consideration towards my loan application in the shortest time possible for the efficient flow of my business. Thanks in advance as i wait for your response soonest. Thanks and God bless you in abundance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$38.00

Date disbursed

Jun 10, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

MarktheMormon

Sandy, Utah, United States

Laurie

Sry, Canada

ads68

Melbourne, Australia

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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