Business expansion

Olayinka Sunday

Dansoman, Ghana

100% repaid

Entrepreneur

Name

Olayinka Sunday

Member since

November 2016

On-time repayments

9 installments  •  56%

About Me

MY ACHIEVEMENTS SO FAR
I grew up in Nigeria a Country where topics such as violence, drugs and insecurity are daily news. However, my childhood was joyful; my parents were always supporting and caring. They raised me regardless the difficulties. 2008 happened to be the year I finished senior secondary school certification. This is indeed a significant accomplishment for me personally and my family
I went to Ghana since Five (5) years ago looking for better opportunities and helping my Uncle out with his business. Financially, things are not so smooth so I decide to enroll online course on Alison.com where I did My Diploma Courses in both Accounting and Human Resources in 2014 – 2015. Then, After my Diploma Courses I was fully in charge of my Uncle business which gives no time to attend to any other activities.
Finally on September 2015. Another Employee was employ to bear me hand help which then enable me to pick up an admission form of Accra Technical University which I was told was in progress. There I also enroll for higher national diploma (Accountancy option). I have discovered so far to never relent but to improve upon your effort and work towards their goals. Some Times is not what someone has achieved, but how someone has managed to have achieved it. There is no excuse for anyone not to fulfill his or her dreams. My greatest fear is achieving my Degree certificate due to my financial Imbalance Nature.
Internet Cafe, often called Cyber Cafe, is a place that offers customers hi-speed internet access, other computer services and variety of PC games. It deals with internet time that a customer buys and it can be sold per hour or minute and sometimes longer. Internet Cafe is the most popular in the world of business people, travelers and tourists, but it also finds good and frequent customers in teenagers and adults who spend a lot of time playing computer games. This place is simply a must for web-mail, instant messaging and the best way to keep in touch both in private and professional field.. Internet cafes are located worldwide, and many people use them when traveling to access web-mail and instant messaging services to keep in touch with family and friends. Apart from travelers, in many developing countries Internet cafes are the primary form of Internet access for citizens as a shared-access model is more affordable than personal ownership of equipment and/or software. A variation on the Internet cafe business model is the LAN gaming center, used for multiplayer gaming. These cafes have several computer stations connected to a LAN. The connected computers are custom-assembled for game play, supporting popular multiplayer games. This is reducing the need for video arcades and arcade games, many of which are being closed down or merged into Internet cafes. The use of Internet cafes for multiplayer gaming is particularly popular in certain areas of Asia like India, China, Taiwan, Hong Kong, South Korea and the Philippines. In some countries, since practically all LAN gaming centers also offer Internet access, the terms net cafe and LAN gaming center have become interchangeable. Again, this shared-access model is more affordable than personal ownership of equipment and/or software, especially since games often require high end and expensive PCs.
There are also Internet kiosks, Internet access points in public places like public libraries, airport halls, sometimes just for brief use while standing.
Many hotels, resorts, and cruise ships offer Internet access for the convenience of their guests; this can take various forms, such as in-room wireless access, or a web browser that uses the in-room television set for its display (usually in this case the hotel provides a wireless keyboard on the assumption that the guest will use it from the bed), or computer(s) that guests can use, either in the lobby or in a business center. As with telephone service, in the US most mid-price hotels offer Internet access from a computer in the lobby to registered guests without charging an additional fee, while fancier hotels are more likely to charge for the use of a computer in their "business center."
.

My Business

PERSONAL STATEMENT
I am a Café Owner and Controller
Accountancy has traditionally been a detail-oriented profession, and although that is still important, modern accountants require a much broader set of abilities. They need highly developed analytical skills, along with the ability to effectively and clearly communicate financial information to a broad audience. In a nutshell; I know too well that I have already posses have all of these abilities as well as the IT skills, patience, painstaking eye for detail, and great diligence required to become an effective accountant.
If you hate it, “you’ll not perform. Liking it, it will allow effective delivery. Putting this in my mind I can say with sincerity that I have a real passion for accountancy, the thing that really excites me. You will not only be dispensing technical advice but you will also assist by helping clients with their businesses in a real way, making them more cost effective and hopefully more profitable.

Whilst at High School I gained my “A levels”, by the support received from teachers who were really involved and experienced. There were a lot of different courses and the rhythm of work was quite intensive. I took part in many alongside with the school programmes. I really enjoyed t High School period and am looking forward to continuing my academic studies in business concentrating on accountancy at university.
Internet cafés are a natural evolution of the traditional café. Cafés started as places for information exchange, and have always been used as places to read the paper, send postcards home, play traditional or electronic games, chat to friends, find out local information. As Internet access is in increasing demand, many pubs, bars and cafés have terminals, so the distinction between the Internet café and normal café is eroded. In some, particularly European countries, the number of pure Internet cafés is decreasing since more and more normal cafés offer the same services. However, there are European countries where the total number of publicly accessible terminals is also decreasing. An example of such a country is Germany. The cause of this development is a combination of complicated regulation, relatively high Internet penetration rates, the widespread use of notebooks, tablets and smartphones and the relatively high number of wireless internet hotspots. Many pubs, bars and cafés in Germany offer wireless internet, but no terminals since the Internet café regulations do not apply if no terminal is offered. Additionally, the use of Internet cafés for multiplayer gaming is very difficult in Germany since the Internet café regulations and a second type of regulations which was originally established for video arcade centres applies to this kind of Internet cafés. It is, for example, forbidden for people under the age of 18 to enter such an Internet café, although particularly people under 18 are an important group of customers for this type of Internet café.
While most Internet cafés are private businesses many have been set up to help bridge the 'digital divide', providing computer access and training to those without home access. For example, the UK government has supported the setting up of 6000 telecentres.
In Asia, gaming is very popular at the Internet cafés. This popularity has helped create a strong demand and a sustainable revenue model for most Internet cafés. With growing popularity, there also comes with this a responsibility as well. In fighting for competitive market share, the Internet cafés have started charging less and hence are adopting alternate means to maximize revenue. This includes selling food, beverages, game and telephone cards to its patrons.
By 2010, a variation of the internet café known as a "sweepstakes parlor" had become widespread in certain regions of the United States. These facilities offer entries in a contest to customers who purchase internet usage. The result of the customers' entries are revealed using software installed on the computer terminals, which may simulate the appearance and operation of casino games such as a slot machine. Although meant to resemble it, these sweepstakes and software are designed in such a way that they could legally be considered sweepstakes rather than gambling. Sweepstakes parlors have faced scrutiny by local governments, who have argued that despite arguments claiming otherwise, sweepstakes parlors are a form of illegal gambling, and their patrons are more interested in playing the sweepstakes than actually using their purchased internet time. A large number of these locations have faced raids by officials, while a number of states have enacted laws meant to ban them

Loan Proposal

expand my business by using it to purchase more mouse for computer that needed mouse so as improve the functioning of all the computers in my café work effectively. by so doing will encourage my revenue to increase .
some times is not what someone has achieved, but how someone has manage to have achieved it. there is no excuse for anyone not to fulfill his or her dreams. my greatest fear is achieving my degree certificate due to my financial imbalance nature.
extracurricular activities has so far enhance intent skills and capacity. my typical experience is the computer teaching in which i engage myself to.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$3.00

Date disbursed

Dec 12, 2016

Repayment status

On Time

Projected term

7 weeks

Other loans

Lenders

Johannes Duerk

Bochum, Germany

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

Loading...

Loading...

Loading...