Cyber cafe

Stepen

Mombasa, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Stepen

Member since

July 2015

On-time repayments

156 installments • 90%

About Me

I was brought up in a village called kwabwai east. I liked it very much because we were many there as a age set childhood. We lived one another a lot as if we were siblings.

My education was quite challenging because of long distance to school.
Despite all this I persevered and worked to attain my goal which was to finish high school. Business studies was my favorite subject, so when I left form four my mind was set on starting a small venture to sort out people’s challenges and make money out of it. I decided to start a small bureau with a hired computer.
I like dealing in ICT systems and I would my siblings to be greater enterprenuer than me . My pastime has been a lesson to me and my expected offspring that there is success after smart struggle.

My Business

Am going to initiate two in one business whereby just beside my cyber caffee am going to open home chemical for making liquid soap, jik, detol, sanitizer and other.

This business is good and in demand because ther is is otubreak of corona virus and everywhere there s washing of hands and sanitizing meaning that my shop will be the provider of these raw material of making these products.

My cost will be 430 USD whereby 80 USD for business permit, 100 USD for rent and renovation, 200 USD for stock and 50 USD for business emmergency.
Revenue will be around 1000 USD.

I will use my 1/4 of profit for schooling my children,1/2 of it for reinvestment, savings and 1/8 for home improvement and 1/8 of it for charity.

Loan Proposal

Am going to buy two refurbished computer which will cost 300 US dollars, two headphones for Skype purpose which will cost 30 US dollars and stocks of memory cards and flash disks which will take around 52 US dollars.
this will will create benefit of income as more customers will be be using Skype for communication there additional in income. Also it will enhance faster and easy communication to customers which is is less expensive. This will increase the business with around 10%