Cybercafe business
Cheruiyot
Bomet, Kenya
$173 to go
1% funded of $174 goal
0
days left
Entrepreneur
Name
Cheruiyot
Member since
January 2014
On-time repayments
47 installments • 60%
About Me
Having completed my university education recently I have found it somehow difficult to get a white collar job hence the need to start a small business as well farming. Zidisha loan will help me a great deal to get capital for this initiative. Am fortunate to have a supportive family and they are willing to help me every step of the way in achieving my dreams of financial independence and stability. Agriculture is the main economic activity in my area. This is due to several factors ranging from favorable weather conditions to readily available markets. other factors include good soil, availability of water etc.
My Business
Am a tea farmer. I have one acre land under tea bushes. I sell tea leaves to James Finlay Company. The company deals mainly with tea processing n packaging. They pay me on a monthly basis. My monthly payments range from Ksh 7,000 to Ksh 12,000 depending on the international market price. They keep fluctuating due to,among other issues, political upheavals, Financial crisis etc. Like any other venture, I do have challenges, for example, long droughts, frost attack etc. Due to this unforeseen n unpredictable circumstances I have felt the need to diversify my investments to include small businesses like M-pesa, n printing services to supplement payments I get from farming.
Loan Proposal
I want to expand my investment to include, among other things, cybercafe and printing services. Am interested in this venture because,besides bringing these services closer to the people, considering the fact that where I come from is a bit remote,it will also bring in a lot of benefits like employment, access to information through internet and also provide efficient and speedy registrations like KRA registration, HELB registration etc . Like any other venture, challenges are bound to rise like capital-intensive nature of the venture, electricity cost,building customer base,security especially against robbery or cyber attack, malware etc,but with a carefully drawn strategic plan I have confidence of forging ahead. Therefore I hereby, once again, humbly request for your financial assistance.Any assistance offered will be highly appreciated
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Loan Info
Project Type
Classic Loan
Amount requested
$174.00
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