Computers for my cybercafe

Richard Mitingi

Msabaha, Kenya

100% repaid

Entrepreneur

Name

Richard Mitingi

Member since

May 2015

On-time repayments

297 installments  •  46%

About Me

my childhood schooling has been embroiled with a lot of difficulties not until 1996 when my uncle supported me from primary school to secondary school in 2006. in 2009 i joined university albeit with a lot of financial hardships. i pursued a four year course in bachelor of commerce until my second year when i could not raise the fees for my continuity. in 2011 i dropped out of university and returned home with no one to support me. later on in early 2012, i involved myself in farming activities to raise funds to continue with my studies but could not. in may 2012, i got a job as school a secondary school teacher on part time basis. the job could not support me to continue with my studies as the payment was very meager and could not sustain me.

in 2013, i quit the teaching job and joined the tourism industry as a cashier at a casino. it was at this point which served as the t6urning point of my life. i got a sponsor who promised to support me in my studies. in may 2014, i joined college and am currently pursuing g my degree course in my second year at mt. Kenya university and I completed in 2017.

I started my business in the year 2014, when i quit my job as cashier at casino and decided to pursue my course. i used the little savings i had to start a small barber shop in my home area. later on, through the support of my sponsor, i acquired two computers to start a photocopy shop. currently have expanded my photocopy shop a into a cyber cafe. I now wish to blend it with a bookshop for both primary and secondary school materials.

The people in my area are predominantly peasants with low sources of incomes which renders them to live less than a dollar a day.

Currently I am married with one kid. I would love my kid to attain the highest level of education in the University.

I am an avid reader and a football fanatic. I normally relax watching football at my video hall with friends. I like having fun at the pristine beaches of Malindi.

My Business

I provide computers services where i do the following:
i) typesetting
ii) printing(photo)
iii) scanning and photocopying
iv) internet services
v) Mpesa services
vi) Stationery

they are very useful because i reside nearby a primary and secondary school which is my ready market. I chose it to bridge the demand gap of these services in my locality. i am also a computer enthusiast where i would like to transfer the computer skills to my community where I am already offering computer courses at a cheaper cost.

My typical costs are electricity expenses, wages for the computer operator and materials overheads. The main source of revenue is photo printing and photocopying & Internet services.

I use my profits for re-investment and support myself in my studies and family upkeep.

Loan Proposal

Hallo team Zidisha,
I would wish to appreciate for giving me an opportunity to get a loan in the simplest way posssible. It couldn't have happened in Kenya.
I would wish to purchase 5 computers, 2 printers and Wi-Fi box for my cyber cafe. These will enable me offer computer lessons regularly and increase internet connectivity in my locality.
The computers will cost as follows:
1. Computer @US $175×5 = $875
2. Printer @US $250×2 = $500
3. Wi-Fi Box @US $100

These machines will make my work more efficient. I will be able to offer computer lessons with ease as less students will share the practical lessons per computer.
The printers will reduce the workload of printing and photocopying as my customers will be served timely.
The Wi-Fi box will increase the speed of internet connectivity.

I expect my profits to increase ten fold due to the efficiency of my machines. Currently I make a profit of US $ 1000 per month. Therefore, my profit projections if will be US $2000 per month if all goes well. Our economy in Kenya is nosediving but I believe the returns forbmy business will be rosy.

My Videos

Apr 20, 2021: My business

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$190.09

Date disbursed

Nov 7, 2015

Repayment status

On Time

Projected term

64 months

Cost to entrepreneur

Service fee: $7.89

Lenders

H

Heja

Hamburg, Germany

D

Delph007

Den Haag, Netherlands

valentin

Stockholm, Sweden

investor

Candiac, Canada

K

Krokslatt

Mölndal, Sweden

cyrus0302

San Francisco, United States

DeanDropshot

Oslo, Norway

M

m_dennis

Toronto, Canada

Raoul72

Naarden, Netherlands

I

Interfree

Dubai, United Arab Emirates

J

javakonsole

Berlin, Germany

P

PeaceandLove

Morro Bay, United States

C

cjmenchaca

Austin, United States

J

Joyful

Philadelphia, United States

B

blahblah

Nuernberg, Germany

H

Halli

Bottrop, Germany

J

jdhowa2

Louisville, KY, United States

HansLindgren

Uppsala, Sweden

S

SelvaMarcus

Green Cove Springs, United States

beverly

Vancouver, Canada

J

jjonas

berlin, Germany

G

grahamfamily

Guildford, United Kingdom

ProfStick

Grassy Head, Australia

S

SeanWolfPack

Raleigh, United States

indeh

London, United Kingdom

rasmus

Bern, Switzerland

N

nodogosi

Espoo, Finland

H

HildeK

Rogaland, Norway

T

toscoman

Adliswil, Switzerland

B

bopsquod

Seattle, Wa, United States

kickerofelves

Sao Paulo, Brazil

Cloudways

Malta, Malta

P

penguin3694

Chicago, United States

lorello

Vicopisano, Italy

K

keane2097

Ranelagh, Ireland

B

BClay

Campbell, United States

R

randy98109

Seattle, United States

ads68

Melbourne, Australia

D

DThirteen

Miami, United States

M

mkellerman

Shanghai, China

basicus

Cairo, Egypt

Maxey

Amstelveen, Netherlands

A

alkemyst

Geneve, Switzerland

JC

Jordi Cohen

New York, NY, United States

fairspirit

Utrecht, Netherlands

L

LindsayB

Sydney, Australia

K

KnutG

Bergen, Norway

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Longhorn

Austin, United States

isabelv

Barcelona, Spain, Sweden

gseletko

South Perth, Australia

F

Forfex

Zurich, Switzerland

mojobob

Hayward, United States

Lambie

Perth, Australia

S

seikatsu

Palo Alto, CA, United States

Matthieu

Switzerland, France

xtrahardware

Cazenovia, United States

J

jinx83

Brisbane, Australia

HealthcareProvider

Baltimore, United States

E

E

Marin county, United States

L

Lennert

Alphen aan den Rijn, Netherlands

H

Haavard

Bergen, Norway

B

bwitt

Berkeley, United States

G

GanSatya

United States

sderickson

Berkeley, CA, United States

O

oonbug

United States

J

janakan

Hong Kong, Hong Kong

H

HoseB

San Francisco, United States

Matching Fund

Sterling, United States

M

microlender

United States

G

gbelote

United States

D

drorm

United States

S

spivurno

United States

Paul Buchheit

Mountain View, United States

J

jay12

Germany

J

jdallatezza

United States

M

maverick

United States

joshuacollinson

Vienna, Austria

J

jbhernan

United States

TyWee

Manila, Philippines

A

AlphaAres

Azerbaijan

G

GDean

United States

D

DStateDDB

United States

J

jdelaporte

United States

S

Stephan

Netherlands

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