Business license renewal and stock for cyber cafe

David

Vipingo, Kilifi South, Kenya

100% repaid

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How it Works

Entrepreneur

Name

David

Member since

April 2014

On-time repayments

221 installments • 13%

About Me

I am 28 yrs old,residence of Vipingo sub location,junju location,kilifi south county in Coast province.I am a hardworking and honest. I love and respect all kind of people.am the first born in a family of 8. We are five boys and three girls.I finished my primary school the year 2003,i joined my high school the year 2005 i had no enough school fees.

My Business

After finishing my high school the year 2008, i joined a computer collage.After finishing my collage i feel starting a cyber cafe will give an opportunity to continue with my education.In my business i do all computer services,and i also sale phone accessories.in this business there is less competition because there are less cyber cafes in my place where i live.I manage to get a maximum profit of 30 Dollars per month.So if i get the loan i will increase my sales,to increase the profit i get every month.I hope it will make me easy to repay the loan.

Loan Proposal

I will use 6000 for renewing my Business license,I will use 2000 in buying memory cards,phone charges for phone changing because for now i can charge like 30 phones per day.i will also use 3000 in buying photocopy papers,lamination pouches,ink and envelopes. I will use the remaining as a transport because where i do my shopping is very far from where i stay.