Cybercafe materials

Fredrick

Ngege Village, Kenya

14% repaid

Entrepreneur

Name

Fredrick

Member since

October 2013

On-time repayments

24 installments  •  17%

About Me

I am the 5th born in the family of ten; I was born in the year of 1983, and raised in Koguta Ngege and later joined Ong’ielore Primary School in 1992 for primary level of education. I did my K.C.P.E in 2000 and then went to Kipchichim Secondary School in the year 2001 to 2004 where I did my O level. After that I went for computer training at Sondu shopping centre in the year 2005 after which I conceived the idea of beginning a computer services shop.
I am married to one wife namely Pasca Anyango. She does business within the shopping centre where we are. I have two children, Gregg Warega and Teddy Franklin Ochieng’. The first is in nursery school while the last is 11months old.

My Business

I began the computer services shop in the year 2005 immediately after completing my training on the same through this have managed to pay my house rent, to buy clothing for my wife and children over and above these, I have also come in by supporting my siblings by giving part of school fees and general support to my parents. Since I began while there were few computer services around, this gave me a big exposure to a large number of customers, especially schools, and those who needs photocopies and printing services. I do make between Kshs 500 and Kshs. 800 a day when days are good. Though with all these success, there are challenges that goes with it i.e. stocking materials such like papers, sometime making an order of what is needed from as far as Kisumu which is a bit far from where we are. By your help I believe I can improve in stocking the items needed to keep me going for sometime.

Loan Proposal

When I get this loan,it will help me improve on my cyber project in the following ways;,buying of photocopying papers estimated at 20 dollars,buying of Binding materials and Envelopes at the balance of 20 dollars.Despite the fact that I still have deficit of about 10 dollars for improved staple pins and Manila papers services for my cyber am happy that through this small loan I will be able to see some of the followings the returns the loan will create; improved cyber quality that will help me get a bigger and better market since the cyber are in good position ,the expected benefit is likely to shoot up especially when the sow gets profit which will see me making almost double the input.The returns will then help expand my cyber by increasing the number of photocopying papers and also employ one people. I should supported because I can't afford single handedly to meet full financial requirements of the farm due to the increased costs of cyber inputs like photocopying, envelopes, and paying my worker this is attributed to the high standard of living in my country especially around Sondu where I run my cyber business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Jun 17, 2014

Repayment status

Late

Projected term

5 months

Lenders

Zal0m0n

Atlantis!!!! x), Mauritania

Sarasota

Sarasota, Fl, United States

Matching Fund

Sterling, United States

Leonardia

Waddinxveen, Netherlands

C

cyberangel

United States

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