Cybercafe

Micah

Bomet, Kenya

25% repaid

Entrepreneur

Name

Micah

Member since

February 2016

On-time repayments

100 installments  •  40%

About Me

I was born on 25th December 1990 at a village called makimeny, Chepalungu Districh Bomet county. I went to kabema primary school before joining mengwet secondary school, I later joined Egerton University where I persued Bachelor of commerce accounting option and graduated in the year 2014. I am currently an employee of FEP Sacco society limited working as a loans officer. During my time in campus, I used to do online jobs like writing business proposals, KRA pin application among others so as to pay my rent and other household expenses whereby my parents struggled to pay my school fees. The kind of life that I experienced in campus has enabled me to know the importance of improving my own business. The kind of activities that takes place in my area is mostly farming and i considered venturing into this business since very it is a niche market and it has been my success.

My Business

I started my business of supplying several items to several institutions as well as operating a cyber cafe. I supply the county Government of Bomet with food stuff like milk, meat, bread among other commodities. I chose this kind of business because it did not required much capital as I could take the goods on credit and pay later. I get a net profit of approximately Ksh. 2000 in a day . I use my profit to grow/expand my business.

Loan Proposal

If given then loan I will buy 4 printing papers costing $5 each and 2 cartridge s costing $8 each. This will enable me to serve more customers since especially now lecturers are on strike most businesses next to campuses have closed but my business is next to 2 colleges and many students are coming for the services and therefore making more profits. My profits are expected to double because of the increase in demand for my services.

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$39.00

Date disbursed

Mar 13, 2017

Repayment status

Late

Projected term

12 months

Lenders

MarktheMormon

Sandy, Utah, United States

Cloudways

Malta, Malta

F

flaguy999

Tampa, United States

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Melanie White

United States

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

A

Anonymous

United States

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

Loading...

Loading...

Loading...