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

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$17.00

Date disbursed

Jan 6, 2017

Repayment status

On Time

Projected term

2 months

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

Ask Gibson a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Gibson    Jun 19, 2019

    I want to thank Zidisha fraternity for enabling me grow this far in terms of my business, my family members and my community at large. My last loan has enabled me to employ one more casual who has been toiling looking for a job, because my Mpesa and Airtel Services are growing gradually hence needed extra manpower which i did. My family too has felt the impact because my two kids by the name Giggs and Letisha have enjoyed the proceeds of my business i.e. Letisha aged 5 years she has joined kindergarten last term and Giggs is now in Class four (Grade four) he is a promissing kid because he was number 4 in a class of 85 pupils. I am proud of him and pray that Zidisha supports me to higher loans to make may kids get good education for a better future.
    Long life ZIDISHA.

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  • Gibson    May 26, 2019

    I am sick and admitted

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  • Gibson    May 22, 2019

    My business is doing on well despite few challenges of power outrage and different commodities and services which are expensive to provide

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  • Gibson    Mar 18, 2019

    The business generally is not at its pick

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  • Gibson    Jan 29, 2019

    I confirm receipt 57,495 KES
    I will use the loan to increase my stock
    I thank you so much for your continued support and looking forward to get higher loans

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  • Gibson    Jan 27, 2019

    I will stock my cyber cafe and money transfer services
    It will help me to empower my employees
    Thanks so much for your continued support.

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  • Zimei    Jan 27, 2019

    Good luck!

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  • Gibson    Jan 14, 2019

    I want to thank ZIDISHA fraternity for taking me this far. My last loan was to boost my stock which i did and i can confirm that my business has grown in terms of customer confidence and service delivery as well as increase in profit. I have added more commodities that i dint have initially. Also i have added more services and in a palatable package.

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  • Gibson    Nov 30, 2018

    I am Sickly

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  • Gibson    Nov 16, 2018

    I have not stabilize after being sick

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  • Gibson    Nov 4, 2018

    I was sick hence my business was affected

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  • Gibson    Sep 28, 2018

    I confirm received 44,226 KES
    I will stock my cyber
    Thanks for the loan

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  • Gibson    Sep 25, 2018

    I want to thank so much my lenders for funding my loan. God bless you in abundance as i look forward receiving your funds.

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  • Jan    Sep 22, 2018

    Good luck

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  • Gibson    Sep 22, 2018

    Thanks to my lenders

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  • nikko    Sep 18, 2018

    Hello Gibson,

    Im pleased to see your professional account of all that you plan to spend the loan on.
    This helps lenders to make informed choices.

    I wish for all the best success for your business, family, and community.

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    • Gibson    Sep 19, 2018

      Nikko I am very humbled with your sentiments for having noticed my noble efforts in trying to improve my business, family and community at large. God bless you as i look to work with ZIDISHA to greater loans.

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  • Gibson    Sep 16, 2018

    The just concluded loan i used it to boost my Airtel Money/Mpesa services float which has really shown a tremendous growth of about 30% hence my life and those of my family dependents and also for my employee has improved. Thanks once more for your continued financial support.

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  • Gibson    Sep 10, 2018

    Hi to my beloved lenders, i am very greatfull for your your continued support towards my business. The loan you gave me has made my business increase the commission by 30% from my airtel money and Mpesa services. Since the business is growing i have employed one assistant to help me render the services fast and efficient. My family too has felt the impact of my business since i have a kid in Grade three, which has also enabled me to pay the whole school fees for this year. God bless you so much as we continue to support me and my dependants.

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  • Gibson    Jul 24, 2018

    I acknowledge received KES. 36,583 after deduction .
    I will use the funds for what i had earlier explained during my loan application.
    I want to take this opportunity to thank you so much for your continued support.
    God bless you.

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  • Gibson    Jul 7, 2018

    I take this opportunity to thank ZIDISHA fraternity for the role they are playing in my life, my dependants, my clients, community and the growth of my business at large. Currently my business has shown tremendous growth in terms of providing different services and goods i.e. Cyber services, Computer training, Photo shooting/printing, photocopying, soft drinks, stationery, M-Pesa/Airtel Money services among others. The main purpose for requesting this loan is now increase the float on my Mpesa/Airtel Money services since i have money clients who request for higher amount that some times i lack the capacity to serve them.
    Kindly i submit my humble application for the said loan to grow my business i look forward for your funding in the shortest time possible as you have always done. God bless ZIDISHA to change peoples lives.

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