Buy more computers for my cybercafé

Jacob

Kiembeni, Kenya

100% repaid

Entrepreneur

Name

Jacob

Member since

January 2017

On-time repayments

152 installments  •  63%

About Me

Hello, my name is Jacob Munyao i am from Kenya - Mombasa. i am a hardworking person, trustworthy and humble. I started primary school at the village whereby i had to walk for 3km. i managed to finish my primary education with flying colours and joined Secondary school at a local town. Though the life at high school was hard with a lot of hindrance like being sent home for fees i also managed to succeed my finals exams with good grades and joined university but i could not continue any further due to insufficient funds, i decided to start my own cybercafe business with the help of my friends who donated some computers. the business is high on demand at our village

My Business

i work in a cybercafe whereby i offer services computer classes which can cost $50 per person, printing, photocopy, laptops and mobile repairs costing about $8 depending on the damage of the laptop. the business is high on demand since many people need their laptops or mobile phone fixed in order to resume their office duties. in terms of profit i usually make a reasonable amount usually ranging from $5 - $12 daily. i use the profits to give back to the society and also add more computers for my business.
if i receive the loan, my main aim would to buy a photocopy machine that would increase my income by 26% hence help in repaying the loan. God bless Zidisha organisation and the lenders

Loan Proposal

I will use the loan to buy two computers in which one computer costs around $ 50, this will in turn add more income to my business and i will be able to serve more clients at a time. I am sure that the new computers will boost my profits to $ 6 per day thereby enabling me to repay my loan as soon as possible and with ease.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$149.00

Date disbursed

May 26, 2017

Repayment status

On Time

Projected term

5 months

Lenders

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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