Business expansion

Wycliffe

Nairobi, Kenya

Expired

$18 to go

0% funded of $18 goal

0

days left

Entrepreneur

Name

Wycliffe

Member since

October 2017

On-time repayments

12 installments  •  50%

About Me

As a young innovative business person, I have faced a lot of financial challenges to start and grow my own business. I grew up in a poor background where school fees was a serious issue. After my education I had a another challenge of getting a job. As a result I started a small photography business with the little savings I had made while in campus. Through this I managed to do small savings from the income I receive and currently expanding it using the loan I receive from my lenders in Zidisha.

My Business

My photography business enabled me to purchase a computer. I have introduced internet and from this, I now a run a small cyber cafe where I offer computer classes apart from the normal browsing or research activities that people do in my cyber cafe.
My business generates approximately $5 daily through which I save half of the money for expansion of the business. I would like to use the loan to refurbish the room where I operate so that it looks more attractive to attract more clients.
The money I earn from this business I use to reinvest into the business. The business is currently generating up to $5 daily of which 50% I save for expansion of the business.

Loan Proposal

Invest the loan in my cyber cafe business. I want to purchase more computers and expand the business.
A computer cost $250 each.
This will generate a profit of $50 per month.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Amount requested

$18.00

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

Loading...

Loading...

Loading...