Cyber cafe inventory

Peter Njuguna

Nakuru(kiti), Kenya

42% repaid

Entrepreneur

Name

Peter Njuguna

Member since

July 2013

On-time repayments

68 installments  •  38%

About Me

I am a Kenyan citizen holding a diploma in computing science. I have 5 yrs hand on experience in information management,basic computing skills,Network maintenance,data analysis and interpretation. I have strong analytical and statistical computing skills. my professional experience includes data entry and analysis,report writing and public relations.
I am competent in the following computer analytical and statistical packages MS office suite(ms word,MS excel and access). I have strong communication and interpretation skills. I also participated in community based program as a volunteer

My Business

I am a strong believer in handwork, resilience and patience in pursuit of my dream ambitions and implementation of set objectives. With the experience I have acquired I started a cyber business where people come to surf. I also offer other services such as photocopying, type setting,printing,coaching as well as on line article and academic writing jobs. I therefore wish to expand the business by adding more computers but am struggling with financing the idea.Therefore a loan will go along way in financing the business as well as helping me achieve my dreams.

Loan Proposal

I intend to use the loan to buy some inventories for my cyber. This will play a big role in service delivery to my clients. I recently upgraded the cyber with up to speed computers and the did a massive renovation to make it classy as well as stand out from the rest around here. I have also started hiring and training prospective candidates for online academic writing job that I secured thanks to Zidisha community for financial aid. At the moment I need to buy some inventory in bulk to minimize the expense of buying in small quantities. Buying this inventories in bulk will save me at least 32% of the total cost. Some of these inventories are printing papers,envelop, binding covers, toner and photo papers. The total
budget adds up to US Dollar 207, while I have raised about US Dollar 155 only. Therefore I have a deficit of Us Dollar 52. These will improve service delivery by reducing the prices by a small margin compared to competitor. It also gives me an upper hand by accepting bulky photocopiying and printing service. Your financial contribution will be highly resourceful and appreciated. Thank you in advance and God Bless you.

Feedback

1

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Loan Info

Project Type

Classic Loan

Disbursed amount

$48.14

Date disbursed

May 29, 2015

Repayment status

Late

Projected term

9 months

Cost to entrepreneur

Service fee: $1.90

Lenders

PG

Paul Graham

United States

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  • Benni    Mar 5, 2016

    Thank you for repaying the whole loan, Peter! All the best for you!

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  • Peter Njuguna    Aug 11, 2015

    Some financial difficulties.

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  • Peter Njuguna    Aug 8, 2015

    I want to finish paying.

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  • Peter Njuguna    Jul 12, 2015

    Due to Financial constrains i have to adjust my repayment schedule,

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  • Peter Njuguna    Jul 1, 2015

    Want to finish fast

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  • Peter Njuguna    Jun 29, 2015

    I have financial constrains since because I used most of my savings to expand my business. I therefore wish to reduce my loan installment.

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  • Peter Njuguna    Jun 11, 2015

    The loan did serve me well and the business is fairing on well. I am also working on expanding the business by opening an mpesa shop and phone accessories. Thanks a lot zidisha community for good work of giving the less privileged a chance to change their lives.

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  • Peter Njuguna    Jun 1, 2015

    I received the loan and I intend to purchase the remaining inventories for the cyber. Thanks a lot zidisha community.

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  • Peter Njuguna    May 3, 2015

    With the help of Zidisha community I was able to complete my online writing course and am reaping the benefits.I was recently able to upgrade the cyber with some of up to speed computer and some renovation to make it classy.

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  • Peter Njuguna    Feb 18, 2015

    Am happy I have a week to complete my classes.Thanks a lot Benni.

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    • Benni    Feb 22, 2015

      Hi Peter, I'm happy to hear that you make such great progress! But I wasn't the only lender, so I'm not the only person who deserves your thank you! Anyway - further on good luck for you and your business!

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      • Peter Njuguna    May 22, 2015

        Hi, just wanted you to see some improvement that i have done in my cyber. I actually have bigger idea, it's only that I have financial constrains.

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  • Peter Njuguna    Jan 7, 2015

    I am so happy, thanks to the zidisha loan I was able to complete my academic writing course. I am now looking for clients so that I can start earning from the writing job.

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    • Benni    Jan 11, 2015

      Great, Congratulations! Because you invest hard work in making progress of your business I decided to support you with your drivers license.
      All the best for you, your family and your business.

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  • Peter Njuguna    Jan 6, 2015

    First and fore most I am sorry for the late payments. This was as a result of financial problem because of low client turn out during the holiday considering my client are students.I am now back on business and am happy I can increase my repayment installment. I am also happy that I was able to complete the academic writing course thanks to the loan I got from Zidisha community.

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  • Victor Odera    Dec 4, 2014

    Hi lenders
    I have talked to Njuguna and he felt sorry for not having made his repayment up to now.
    He plans to make some payments either today ,tomorrow or Saturday depending on the cash input by end of the day.
    He said that he normally pay covering all the arrears in the past.
    Lets hope he will act promptly.
    Regards
    V.M
    Victor Odera

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  • Peter Njuguna    Nov 6, 2014

    Hi Lenders, am sorry I have not been able to make repayments on time. I have been having some financial problems due to unavoidable family problem. During this time I was unable to reschedule the loan repayment where by I raised the matter to the zidisha technical team. I therefore wish to reschedule the payment meanwhile but I will be back on track soon. Thanks in advance.
    Regards,
    Peter Njunji

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  • Victor Odera    Nov 4, 2014

    Hi lenders,I spoke to Peter yesterday and he confirmed to me that he will pay his past installments today and possibly re-schedule next time things go astray.
    Lets hope he will act promptly.
    V.M
    Victor

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  • Peter Njuguna    Sep 22, 2014

    Thanks to everyone who have contributed towards funding of my loan. May God Bless you.

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  • Peter Njuguna    Sep 21, 2014

    Thank you Justin for your support.

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  • Peter Njuguna    Sep 20, 2014

    I would like to give my appreciation to those who have contributed towards my fund raising and those who will continue to fund my proposal. God bless you all.

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