Buying cyber cafe stock

Dancan

Bungoma, Kenya

Funds disbursed

$0 to go

100% funded of $14 goal

0

days left

Entrepreneur

Name

Dancan

Member since

October 2017

On-time repayments

20 installments  •  35%

About Me

Am a Kenyan based entrepreneur best known for expanding legacy group of companies from a local chain to Kenya’s most profitable media group.
Born in Busia Kenya, in 1994, I spent my first years of my professional career selling photocopy machines and computer parts. After discovering the Legacy group of companies I implemented my strict operational guidelines that helped transform Legacy Media into the kenya’s largest media and computer company.

My Business

I opted to start Legacy Media after finishing my bachelors degree in information technology at Mount Kenya University.
However I have experienced several hardships in maintaining my business position in the fast growing Kenyan economy due to lack of adequate capital but I plan to expand my business further towards the end of this year.
I chose to invest in the technology industry since it was my area of specialization and interest.My business supports me in my home improvements,paying fees for my siblings and reinvestment into the business.
Due to the revolution into the digital world i find this business a stepping stone to another level of the technology indurstry.
I thank God for this.

Loan Proposal

I will use the cash to buy team papers and ink for my Cyber stock.
Keeping in mind that photocopy goes for ksh.5 per page that will mean a team of approximately 500 sheets will give me back a minimum of ksh.2000 while while printing I charge ksh.10 per page that means I will earn a minimum of ksh.5000.Hence the loan will be of much benefit and will repay it on time.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$14.00

Date disbursed

Jul 7, 2021

Repayment status

Late

Projected term

2 weeks

Lenders

SW

saurabh wahi

United Kingdom

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