Computers & 4G router to boost my internet services

Stephen

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Stephen

Member since

July 2016

On-time repayments

190 installments  •  52%

About Me

Am a hardworking, innovative young man. I schooled through hardship where my parents could not maintain paying school fees. My mother had to make chapatis to subsidize the meager salary from govt. At the age of 12, an uncle gave my mother his fridge for safe keeping. My mum took advantage and taught me how to make flavored ice sticks which i could take to the market on Sundays and sell. At the end of the sales, i could bring home some 50 kshs which afforded dinner. This inspired me and cultivated my career as a businessman. At secondary school I sold eggs to subsidize the kitchen budget and my pocket money, hence mum could concentrate her efforts on school fees. I managed to go through college where i did odd jobs at my free time to boost my fees. After college, there was no employment so i had to be innovative, thus the idea of a cyber cafe was born. I could earn money from getting casual jobs and use the money to purchase equipments one at a time. I bought, a Monitor, later on bought a CPU, then finally a printer, i got a loan from a relative and built a stall where i established the computer services bureau in the year 2008 January, worked hard and bought another computer in May 2008, and a photocopier in October 2008.

My Business

My business in a service business in the printing industry. I offer typing, printing, photocopy, internet and photography services. I draw clients from the environs of my premises and far away since i have learned the customers needs. I strive to satisfy my customers hence av managed to be consistent for the last 9 years. My clients are the churches and hotels nearby who do bulk printing and copies for seminars and monthly consumption, schools that do a lot of exam typing , printing and copying, individuals who work for organizations that have a lot of community field work and bring their reports for typing, printing and copies or posting on the internet in the evening when other cybers have closed since i work till late and their field work ends in the evening. There are also Universities and colleges around my business whose students require copies of handouts, project report typing, printing and binding. I also sell sodas and snacks, do passport photos, T-shirt printing, and Banners.
My business has managed to, settle medical bills during delivery of my children, and it has sustained my family while expanding. it started with one computer and one small 3 in 1 printer, which have generated more computers and a photocopier, stable internet connection with WIFI for customers. It established an eatery/cold drink cafe, with WIFI connection. I intend to buy a bigger digital color printer by the end of this year to print campaign materials for aspirants in the coming 2017 general elections.

Loan Proposal

I will use this loan to buy 2 more desktop computers that are faster. These will cost me $150 each, making it $300. A 4G router from our local Internet Service Providers bundled with data for 3 months will cost me $100. The remaining $80 will buy seats to be used by the clients or staff who will be using the two new desktop computers. This loan will increase my income and hence i will be able to hire another employee to help me in my shop since the business has expanded and equipment added thus the need for more people to handle them. There I have also put up some hostel cubes accommodating 10 students who need internet for their studies. With the router, I will provide wifi internet at a monthly subscription of $3 per student and any neighbour who would want to connect. The earnings will cater for power bills and data purchase, easing the burden of bills on me. Otherwise I thank you in advance for making me achieve my dreams easily and faster.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$768.00

Date disbursed

Oct 21, 2017

Repayment status

On Time

Projected term

10 months

Lenders

G

GoughGirl

Washington, Dc, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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

Loading...

Loading...

Loading...