Business expansion
Wycliffe
Nairobi, Kenya
$0 to go
100% funded of $28 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
The loan will be put in office refurbishment to ensure that I attract more customers in order to generate more profit. I would love to make up to $50 profit per day from this business. This will help me expand the business and in near future start my own IT firm and create jobs to other people in the society.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$28.00
Date disbursed
Feb 20, 2018
Repayment status
Late
Projected term
3 weeks
Other loans
Lenders
Hong Kong
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