Loan to boost my cybercafe business

Gibson Muchera Witaba

Lugango Village, Kenya

100% repaid

Entrepreneur

Name

Gibson Muchera Witaba

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 make sure i boost my business in terms of enough supply because during this holiday seasons the demand is very high

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$17.38

Date disbursed

Jan 6, 2017

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: $0.72

Lenders

MarktheMormon

Sandy, Utah, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

daniel

maryborough, Australia

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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