Cybercafe ownership

Mercy Kangoko

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Mercy Kangoko

Member since

November 2016

On-time repayments

21 installments  •  38%

About Me

Ever stayed in an orphanage ever since I was 3 years old as I lost my parents when I was 2 and a half years old.I am too lucky that well wishers took me too school until I finished my university education.When I was in university,it was not easy to approach someone to send me pocket money whenever I became broke but immediately I started cybercafe business after I was funded by Equity bank's CEO who was one of my father's best friend.I come from a land where people burn charcoal and I love swimming ever since I was a kid

My Business

I own a cybercafe which is in eldoret town and I do printing and also photocopy services.There are so many universities around me and therefore most of the students come to me to photocopy their work and also to print.I inherited my dad's printer Iong time ago and that is what made me to start this business as it costed me less cash to buy other equipments.At the time of closing my work each day,I find my self to have spend around $18 and then made a profit of $55.Usually,I use the profits I get to pay my landlord and also buy my kids clothes and food.

Loan Proposal

I have been running short of printing ink and I am planning to buy a good stock once I get my first time loan.This will help me maintain my customers and therefore profits might increase by $15 each day.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$11.60

Date disbursed

Nov 16, 2016

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: $0.48

Other loans

Lenders

C P

Mazatlan, Mexico

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