Purchase of Two New Computers for Expanding Cybercafe Service

Charles Metet

Bomet, Kenya

100% repaid

Entrepreneur

Name

Charles Metet

Location

Bomet, Kenya

On-time repayments

145 weekly installments  •  71%

About Me

My name is Charles Metet, 39 years old. I am the first born out 6 boys living in Bomet County (a county where I was raised by a humble family). I went to school at Chilgotwet Primary, then joined Kabungut High School where I completed my fourth form in the year 1995. I joined the Institute of Commercial Management College in 2012-2013 and completed my diploma. I later got a job at Stegro Sacco Computers Technologies in Nairobi in January 2014, and then got a job at Sema Cybercafe in Nairobi.

The life in Nairobi was challenging, since transport cost is very high and the cost of rent is so high for a person whose salary is meager, but I worked hard and saved just enough to buy a computer. After thinking hard I decided to quit so as to start my own business. I opted out [of my job] and moved to Bomet Silibwet to start my small computer services [business] of typesetting and printing.

I took inspiration from other computer service operators after I noticed that clients were comfortably beginning to require the services of computer operators in Silibwet town. I'd always fancied running my own business, so after spotting this opportunity, it was a case of now or never. Having worked for a cyber cafe for one year, my knowledge of the market meant I could capitalize on the growing trend towards the use of new technology.

My Business

I operate a cyber café, which deals with printing and photocopying business at Bomet town. Most of my customers are college students who have made my business grow at a faster rate, since most of the assignments given to them need to be typed and printed.

Since I bought two additional computers after the Epson printer and digital camera with my previous funds, my savings have improved from USD $150 to $290. I would therefore request the Zidisha lenders to grant me a loan of $820 to enable me stock my shop with computer stationeries so as to make me a supplier of surrounding computer shops and secondary schools who normally purchases photocopying reams for their uses in schools.

Loan Proposal

I wish to purchase two more computers so as to cater for expanding clientele in my cybercafe.
Having run and managed the cyber for quite sometime now, I wish to request your financial funding to enable me purchase two more computers so as to support the ever increasing clients in my cyber.
I request an amount of $540 to purchase:
-2 computers at a cost of $210= $420
-Additional stationaries at $120=$120
TOTAL=$540.
With this fund, more people will access internet due to an increase number of computers to five from the current number of three, hence enabling me earn more profit than currently earnings.
As in previous funding, I will be prompt in repayment and make sure I clear the loan in the right time.
I hope you will find in your hearts to consider funding my project again.
Sincerely
Charles Metet
Thanks

Show original English  

About Me

My Names is Charles Metet, 39 years Iam the first born out 6 boys living in Bomet County (county where I was raised by a humble family). I went to school in Chilgotwet primary, joined Kabungut High school where I completed my fourth form in the year 1995 and joined THE INSTITUTE OF COMMERCIAL MANAGEMENT College in 2012-2013 and completed my diploma, I later got attached at Stegro Sacco computers Technologies in Nairobi in the year Jan 2014 and got a job at Sema cyber cafe in Nairobi. The life in Nairobi was challenging since transport cost is very high and also the cost of rent is so high for a person whose salary is meager but I worked hard and saved just enough to buy a computer after thinking hard and deciding to quit so as to start my own business. I opt out and move to Bomet Silibwet to start my small computer services of typesetting and printing. I took inspiration from other computer service operators after I noticed that clients were comfortably beginning to require the services of computer operators in Silibwet town, I'd always fancied running my own business so after spotting this opportunity, it was a case of now or never. Having worked for a cyber cafe for one year, my knowledge of the market meant I could capitalize on the growing trend towards the use of new technology.

My Business

I operate cyber café which deals with printing and photocopy business at Bomet town. Most of my customers are college students who have made my business grow at a faster rate since most of the assignments given to them need to be typed and printed. Since I bought two additional computers after the Epson printer and digital camera with my previous funds, my savings have improved from USD 150 to $290. I would therefore request the Zidisha lenders to grant me a loan of $820 to enable me stock my shop with computer stationeries so as to make me a supplier of surrounding computer shops and secondary schools who normally purchases photocopying rims for their uses in schools.

Loan Proposal

I wish to purchase two more computers so as to cater for expanding clientele in my cybercafe.
Having run and managed the cyber for quite sometime now, I wish to request your financial funding to enable me purchase two more computers so as to support the ever increasing clients in my cyber.
I request an amount of $540 to purchase:
-2 computers at a cost of $210= $420
-Additional stationaries at $120=$120
TOTAL=$540.
With this fund, more people will access internet due to an increase number of computers to five from the current number of three, hence enabling me earn more profit than currently earnings.
As in previous funding, I will be prompt in repayment and make sure I clear the loan in the right time.
I hope you will find in your hearts to consider funding my project again.
Sincerely
Charles Metet
Thanks

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Loan Info

Project Type

Classic Loan

Disbursed amount

$539.00

Date disbursed

Jul 29, 2016

Repayment status

On Time

Projected term

15 months

Cost to entrepreneur

Service fee: $26.95

Lenders

BrassHat

Boston, United States

T

traderjohn

Baltimore, United States

Zidisha

Sterling, United States

S

Scodeb123

Huntsville, United States

P

Pavane

Kungsbacka, Sweden

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

N

Nicolaas

Doha, Qatar

F

frenchy

United States

GT

Geoff Tucker

United States

RG

Ravi Gadad

United States

J

Jon

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

VC

Victor Chong

United States

HCPSPIRIT

Helsinki, Finland

A

Anonymous

United States

A

Anonymous

United States

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