Improvement of cybercafe service business

Bede

Nairobi, Kenya

61% repaid

Entrepreneur

Name

Bede

Member since

August 2015

On-time repayments

304 installments  •  84%

About Me

I was born into a humble family in the city of Nairobi kenya in January 1980. I was schooled up to high school level when my Dad passed on while I was awaiting to join college. I was thereby forced to look for employment, which I swcured and used the income to pay for my university course (B.com - Finance). I managed to complete it and got a better job as a marketer, whereby 2 years later, the company downsized by retrenching a number of us. It is at this point that I chose to embark on an entrepreneurial journey, carrying out my own business ventures, to date.
I have a son who wishes to be a pilot when he grows up.
In my work environment, I am driven by the resolve of people working odd jobs in an attempt to fulfill their dreams.
My hobby is appreciating nature. I love growing plants and keeping animals, which I do in the village, with an aquarium in my city dwelling.

My Business

My current business is a combination of entertainment and essential service provision.
I sell movies, both new and classic, which I purchase from distributors for resale to clients. Demand for this was realized on seeing that people undergo a lot of stress in modern society and seek an escape such as watching an appealing movie to relieve their stress.
I also charge phones at a fee. With everyone having a smartphone that is always out of charge, I found it essential to provide a secure environment to provide this service.

I am currently running a small cyber cafe, whose demand is growing and prompts me to respond by increasing capacity to satisfy demand.
I see the cyber as an enlightening project within the community as it has got many people interested in computing and / or the internet.

It is for these reasons that I wish to increase capacity by improving on internet speeds, acquiring more CPUs as well as working towards having proper backup power. I am also intending to reinforce our security grills for the premises.

My typical costs are rent, staff wages, stock purchases, electricity bills and general maintenance costs.
Proceeds from the business assist to pay for my sons school fees, as well as helping friends and relatives, as well as children in the village go to school.

I am happy to report that our cyber cafe has been a welcome idea in our community whereby we are able to teach some basic computing to many whom we realise do not know how to use a desktop computer yet own smartphones. We are opening up a whole new world for such, and bringing services closer for others.

Your help once more will be highly appreciated and I promise to put the funds to proper and disciplined use as follows:

a. Purchase two(2) core i3 CPUs @ Ksh. 25,000/=
b. Back up power genset @ Ksh. 20,000/=
c. UPS voltage protection @ Ksh. 10,000/=
d. Other expenses will include branding, advertising, installation of secirity grills, etc.

Thank you in advance as I look forward to your generous consideration.
Have a a good day!

Loan Proposal

My plan for the new loan is first renovate the premises for better efficiency, which will require new fixtures and fittings plus labour and paintwork that I estimate to be in the tune of Ksh. 40,000/=, then I wish to purchase a microkit router for better internet experience @ 7,000/=, also pay for an advertising licence to the county government @ 4,000/=, Rebranding of the premises (external) @ 10,000/=, Increase my Airtel (mobile money agency) float @ 20,000/=,the balance of an estimated 40,000/= will be used to pay for my son's school fees due beginning of September.

Feedback

1

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,195.00

Date disbursed

Aug 2, 2019

Repayment status

Late

Projected term

27 months

Lenders

G

GalantnostS

Hong Kong, Hong Kong

E

Errol

Bradenton, FL, United States

sworthington

San Francisco, United States

CaseySampson

Vancouver, Canada

D

dbedell

Brooklyn, United States

Y

yop324

Ottawa, Canada

G

glosoli

Boston, United States

jesuisneil

MATTESON, United States

cyrus0302

San Francisco, United States

AltruisticSelfishnes

Chicago, United States

E

erozlum

Istanbul, Turkey

A

Ashbless

Lake Cowichan, Canada

C

cgrumboski

Atlanta, United States

Tilius

Oslo, Norway

KivaTom

Tillamook, Oregon, United States

Silver

Steiermark, Austria

S

soren

Göteborg, Sweden

ErikN

Stockholm, Sweden

P

Puffnstuff

Auckland, New Zealand

B

butterflyspirit

coventry, United Kingdom

C

czeisler

Hochheim, Germany

L

ldron7

Utah, United States

Martin

Manama, Bahrain

F

FaaThailand

Bangkok, Thailand

A

anonymus

Moon, United States

Pere

Barcelona, Spain

S

SamTom

Carindale, Australia

AF

a f

washington, United States

johnandmoliehi

Canton, New York, United States

E

evanglend

Arlington, United States

T

ToddK

Indianapolis, IN, USA, United States

J

JakeA

Wellington, New Zealand

B

Buchbinder

Berlin, Germany

BJ

Brandon Joz

North Carolina, United States

Laurent

Vevey, Switzerland

E

Elisa

Espoo, Finland

O

Orchidx4

Seeleys bay, Canada

C

cflint

Springville, United States

O

OneSummer

Muenster/Westphalia, Germany

B

Bavarian

Bavaria, Germany

airvillepa

Airville, Pennsylvania, United States

BenRump

Washington DC, United States

indeh

London, United Kingdom

andreasol

Bielefeld, Germany

R

RichardH

Manchester, United Kingdom

D

Divergent

Bethesda, United States

Cloudways

Malta, Malta

D

Dadiolafs

Vestmannaeyjar, Iceland

P

Pelle

Ragusa, Italy

J

jzidi

Los Angeles, United States

eastcoastcanuck

Fredericton, Canada

B

BClay

Campbell, United States

R

randy98109

Seattle, United States

ads68

Melbourne, Australia

Christopher

Copenhagen, Denmark

A

Aaron

Zurich, Switzerland

B

Bluejay

Magrath, Canada

OlyRhys

Olympia, United States

E

eboleaga

Mexico City, Mexico

P

Peksa

Espoo, Finland

J

JozefDora

Poprad, Slovakia

J

jackieric

Folsom, CA, United States

M

moneypatch

Heber City, United States

V

Valis

Singapore, Singapore

A

Andy

Berlin, United States

MDILLENB

Aschaffenburg, Germany

C

cardiff

Falls Church, United States

joaoferraz

RINCHOA, Portugal

T

Travtroe

Lanesboro, United States

G

Goldrivermob

Gold River, Canada

D

Don100

Wilton, United States

PulsoJewelry

Los Angeles, United States

Bill2073

Florida, United States

Nadja

Weissach, Germany

dougdo

Seattle, United States

W

WinWinNL

The Hague, Netherlands

gseletko

South Perth, Australia

F

Forfex

Zurich, Switzerland

A

anagnan

BRUXELLES, Belgium

FriendinOregon

Hillsboro, Oregon, United States

R

ronimo

Brussels, Belgium

D

Draka

South park, United States

ibc123

Seattle, United States

O

OrientExpress

Tokyo, Japan

F

Flanderin

Hrusica, Slovenia

Freewolf

Salt Lake City, United States

M

markus61

cologne, Germany

Jamesaubrey

Norman, United States

fransk

Culemborg, Netherlands

C

Clben7

Cincinnati, United States

Namulanda

nairobi, Kenya

A

akshu71

Ottawa, Canada

D

Deback

Denver, United States

W

wiwillia

Milbrae, United States

A

AileenH

United Kingdom

O

osubucks45

United States

J

JeffH

United States

K

kvillantz18

United States

T

tomspalla

United States

P

plhughes

United States

mepster

San Francisco, Ca, United States

chriseyre

Fremont, Ca, United States

R

RonEddy

United States

B

bscent

Hong Kong

J

JEllerby

United Kingdom

W

wesbh89

United States

Grant Xavier Storer

Seattle, Wa, United States

I

idris

United States

ThomasJosef

Berlin, Germany

S

sarahb

United States

N

Nicolaas

Doha, Qatar

Andrew267

Birmingham, United Kingdom

S

SuzanneD

United States

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

Jansa

Oulu, Finland

S

Sven

Netherlands

E

Erich

Zurich, Switzerland

Dave Bogard

New York, United States

AA

Adam Atlas

Montreal, QC, Canada, Canada

R

Robert

Berlin, Germany

RH

Robby Howell

United States

SMOICE

Berlin, Germany

jtreyes

United States

Kate Courteau

United States

Lou Kaucic

Sanbornton, NH, United States

E

erica

antwerpen, Belgium

Daniel Hammarberg

Gothenburg, Sweden

Max Lettenberger

Madison, WI, United States

Kevin

San Francisco, United States

C

cota

United States

George

Corvallis, Oregon, United States

Jorgen V

Mol, Belgium

ME

Manaal Eisa

Washington DC, United States

TH

tom hd

United Kingdom

MR

Michiel Rauws

San Francisco, Netherlands

Carla

Amsterdam, Netherlands

Pedro R-C

Cambridge, United States

AH

ajay hampapur

United States

Stephan W

Witten, Germany

Ren

Minneapolis/StPaul, United States

The X2AI Team

San Francisco, United States

M

Margaret

United States

JF

J Fister

United States

CP

Colin Pardue

United States

Paul Buchheit

Mountain View, United States

M

Mary

United States

BS

Brooke Schreier Ganz

Mill Valley, California, United States

J

Netherlands

M

MFarrell2008

United States

alexalexalex

Berlin, Germany

K

Kit

Canada

Ask Bede a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Please log in to comment.

  • Shellemiah    Dec 8, 2021

    hello team
    mr bede hes not responding to my calls at the moment.

    Log in to reply • Share
    • Bede    Jan 14, 2022

      This individual has NEVER called me. It is unfortunate that he claims to have done so. I never disregard calls, even missed ones.

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  • Daniel    Sep 16, 2021

    Dear Lenders,
    I have spoke to Mr Tebino and he has promised to make some payment probably tomorrow

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  • Bede    Sep 1, 2021

    It is a struggle to make high installments but I am willing to pay smaller amounts, then when things look up I will increase accordingly

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  • Bede    Aug 3, 2021

    I am financially strained and can only repay a small amount every week, which is even lower than the allowed minimum. I beg your understanding.

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    • (Comment deleted by author)

      • Bede    Aug 4, 2021

        Hi.
        Thanks for the feedback. I am now encouraged to even try harder. The fact that I am paying less than required in itself is a demotivator..... I promise to keep doing my best. I believe we shall overcome these trying times. Do keep up the good work!

        Kind Regards.

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  • Lilian    Jul 12, 2021

    Tebino has done his payments today.. thanks for your patience

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  • Bede    Jun 23, 2021

    Cashflow is really limited with slow business and rising cost of living. Kindly assist with a lower installment than Ksh. 1128. Maybe some reasonable figure like Ksh. 500/= Please...

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  • Lilian    Jun 2, 2021

    I have spoken to bede who has promised to pay his loan soon though he had some financial challenges..

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  • Bede    May 22, 2021

    As we struggle with decreased incomes arising from covid 19 effects and restrictions, I .unable to pay the required amount but I am willing to pay a reduced installment.
    Thanks.

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  • Bede    May 20, 2021

    I am having difficulty paying a large installment figure at this time when turnover is lower than usual and therefore disposable income is reduced significantly. Kindly facilitate lower installment figures. Thanks

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  • Bede    May 16, 2021

    As we struggle with the effects of covid restrictions, kindly allow that we pay smaller amounts

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  • Bede    May 14, 2021

    Business is extremely slow and we are barely breaking even. Kindly allow this new schedule to allow me pay something smaller and on time.

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  • Bede    May 9, 2021

    Business is tough and we are now required to send our kids back to school, and with the low revenues in the past, money is insufficient for all current needs. I wish you would allow a lower weekly installment to encourage prompt payment. Thank you.

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  • Bede    May 6, 2021

    Kindly assist with this lower installment as turnover is negatively affected by vivid protocols here in Kenya. Thanks

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  • Bede    May 5, 2021

    Business is very tough. I promise to do my best to pay as rescheduled.

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  • Bede    Apr 30, 2021

    Business is slow and hours of operation have been reduced such that we are not making good sales.

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  • Bede    Mar 29, 2021

    New restrictions and longer curfew hour have reduced turnover.

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  • Bede    Feb 11, 2021

    Business is still slow and therefore difficult for me to pay the required amount. I request that the adjustable instalment also be reduced to allow us pay as required and retain good credit rating.

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  • Bede    Jan 13, 2021

    Very slow buainess

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  • Bede    Nov 21, 2020

    Struggling with low turnover

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  • Bede    Oct 10, 2020

    Business has slowed down seriously

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