Entrepreneur
Name
Wycliffe
Member since
November 2014
On-time repayments
17 installments • 59%
About Me
My name is Kichamu Wycliffe Lumadede,from Busia County.I went to Vokoli primary School,before joining West Minister Accadeny Secondary School.I later went to polytechnic and got certificate in computer applications and maintenance.
I was later employed at cyber.I had passion to start and run a business and that is y I saved enough money to buy ,desktop to run my business.
I provide high end internet (3G) this attracts customers to my cyber cafe.
I have two kids Immanuel Johns is nine years old and Isaac Cephas is four year old,they twins.I love them so much.They are currently in Victory Academy primary school in Busia. Immanuel Johns anticipates to be doctors and Isaac Cephas an Engineer.
During my free time I play,computer games with my kids.I also find some time to visit the less fortunate in the society.
My Business
I run a cyber cafe in Busia Town and I have launched the best dry cleaning business which is currently the best in Busia County ( IMMISA EXPANDED PRO- DRY CLEANERS) .I provide high quality internet and cleaning services that usually gives me a competitive edge against my competitors. My cleaning services includes Dry Clean, Laundry Work, Office cleaning, Carpet Cleaning, Car Interior Vacuum Cleaning, Seats Cleaning, Leather Jackets Cleaning, Steam Press and Alteration. Due to technology adoption most youths come to my cyber to send job applications as well as to search jobs online while people in economic cooperate world like Banks, County Offices, Organisations do their laundry work in IMMISA EXPANDED PRO- DRY CLEANERS which has a turn over of $25 per day .
I provide services at affordable rates to ensure the youths can afford .
In a month I spend $50 on power and maintenance of computers.My revenues average is $300 in a month.In a good month I make $250 in profits
I use my profits to expand my business,as well as to educate my children.I also adopted one street boy that I am paying school fees for.
Loan Proposal
Dear lenders I am requesting for funds to help me expand my cybercafe,by buying one desktop for the cyber.The current desktops that I have are barely enough and clients always have to queue.the new desktop will reduce this queue significantly.
I will use the $100 to purchase monitor and use $50 from my savings to buy tft.I will be so grateful for your help.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Nov 14, 2014
Repayment status
On Time
Projected term
3 months
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