Buy photocopying machine for my cybercafé

Methusellah

Kisii, Kenya

Funds disbursed

$0 to go

100% funded of $761 goal

0

days left

Entrepreneur

Name

Methusellah

Member since

November 2016

On-time repayments

76 installments  •  0%

About Me

HOW DID YOU TO START YOUR BUSINESS?
After I finished my secondary education in 2009 from Agoro Sare High School, my mother decided to take me to st. Ann’s college where I studied basic computer application after I finished from the college, My uncle employed me at his cyber and as I worked there I saw it profitable and fun also a profitable business, after a year working at my uncle’s cyber I enrolled at Mt Kenya University to pursue a diploma course in Community health and HIV AIDS management, at my second year , my second year was hell as my parents found it hard to clear my college fees as we were three in tertiary institutions, I saw it wise and told my uncle that I will start his business somewhere and he supported me buy a printer I bought printing machine plus the computer and I opened my cyber in the name (MESYL’S CLICKTECH CYBER).
WHAT IS UNIQUE ABOUT THE LAND OR CULTURE WHERE YOU LIVE?
Kisii Town is a small town but densely populated with many people from all races, many offices and quite a number of colleges where technology is growing at a very fast rate
WHAT DO YOUR CHILDREN WANT TO BE WHEN THEY GROW UP?
Currently I don’t have children, I only have one beautiful Maasai girlfriend who I intend to marry in the near future and if God blesses with children I would want my children to be rich and innovators of technology.
DESCRIBE A UNIQUE HOBBY OR PASTIME YOU HAVE?
I love doing Google stuff, taking online paying surveys like the African Pulse, where you earn gifts/prizes, learning free courses online am a member of the iversity study platform and the world youth alliance, studying philosophy online, I also love football very much.
WHAT GOODS OR SERVICES DO YOU PROVIDE?
Currently I own two computer machines connected to internet, two Epson printers and a digital camera where I provide my customers with; printing services, photocopying services, taking passports and printing them and internet services and any other services that my machines can provide

My Business

WHAT GOODS OR SERVICES DO YOU PROVIDE?
Currently I own two computer machines connected to internet, two printing epso stylus photo px660 machines and a digital camera, where I provide my clients with internet, printing, photocopying and passport taking services.
WHY ARE THESE GOODS AND SERVICES USEFUL OR IN DEMAND?
My business is strategically placed at ouru complex between many offices namely; NHIF. MWALIMU NATIONAL SACCO, KENYA WOMEN FINANCE TRUST (where all the above services are of high demand).
WHY DID YOU CHOOSE THIS KIND OF BUSINESS?
Technology to me is like magic i just press a key and i see magic happen so i love technology so much and it is my passion since i realized it is a profitable business, in addition it is a flexible as i can take my education besides my small business.
WHAT ARE YOUR TYPICAL COSTS AND REVENUE?
I work my total costs and revenue in a week I have two busy days (Mondays and Thursdays) this is during market days at Daraja Mbili market.
Expenses in a week
Items bought number Cost per each item Total cost
Rims of photocopying papers 6 450 2700
Printing inks 4 1200 4800
Photo papers 4 200 800
Maintenance and repair of printers 2 500 1000
Salary for my employee A day 300 1500
TOTAL 10,800

Revenue table
Monday 6000
Tuesday 3500
Wednesday 2000
Thursday 6000
Friday 1000


HOW DO YOU USE THE PROFITS
I don’t have children as at now, but I use the profits by paying some of my college fees, paying rent for my house and for my upkeep in town.
The business has also helped me to start an agricultural project in poultry where I have 47 chickens

Loan Proposal

I will buy the following machines for my business:
PHOTOCOPYING MACHINE 539.745USD
POWERFUL HP PAVILION CPU 98.1354USD
NIKON DIGITAL CAMERA 98.1354USD
PAPER BINDER 56.6486USD
I have overworked my Epson printer for both photocopying machine and it is very slow and it makes me lose customers. this will make me serve more customers.
my current CPU is also slow and it needs to be restarted every time and my customers a powerful CPU to fasten my work and serve more customers.
Currently i don't have a binding machine so i will find more customers and more business hence increase profit.
my digital camera is small and takes blurred passports so i need a powerful camera that will take nice pictures.
i will double my profit if i buy the above items

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$761.00

Date disbursed

Dec 3, 2016

Repayment status

Late

Projected term

17 months

Lenders

PG

Paul Graham

United States

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