Equipment for my cybercafe business

Sam

Nairobi, Kenya

38% repaid

Entrepreneur

Name

Sam

Member since

August 2014

On-time repayments

137 installments  •  7%

About Me

I'm a passionate freelance writer and researcher but I'm currently working towards investing in an alternative source of income that will supplement my online business. I was born in Ndhiwa District, Homabay County, but I live in Ongata Rongai,about 22 kilometers from Nairobi. I began my online business immediately after graduating from Egerton University in 2011. However, I have been saving funds to start up a small cyber-cafe business in Ongata Rongai township. My internet-cafe that will offer a wide range of differentiated services.

My Business

I intend to start Cyber cafe business will offer a diverse range of services some of which will include but not limited to the following;
-Faster internet services
-Instant Digital photography services
- Photocopy services, Typesetting T-shirts printing etc.
-Stocking and sales of books, bulk printing materials, writing materials

Additionally, since I have always been working from home as an online writer, I intend to use my proposed cyber cafe as my office which will enable me to better manage my research writing consultancy.
Ongata Rongai is a thriving business center hosting many academic institutions and campuses in the neighborhood. The high population in the locality will provide a viable market for my business.
The risks involved include potential stiff competition from established similar businesses in the area. However, I intend to counter this through service differentiation. I currently make an average of $600 per month and I will be able to repay my loan even before my business will be able to be self sustainable.

Loan Proposal

I intend to use the requested loan to purchase a refurbished 3 in 1 printer for my proposed Internet cafe business at a cost of $ 100 . The remaining amount will go towards purchasing between 6 and 8 plastic chairs each at approximately $8. I have already purchased a few items such as an internet router and 4 desktop PCs using my personal savings. I still remain with some more savings from my online writing business and I'm counting on the loan from Zidisha to supplement the remaining deficit.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Aug 28, 2014

Repayment status

Late

Projected term

32 months

Lenders

Brian

Midhurst, Canada

valentin

Stockholm, Sweden

Erica

Caledon, Canada

Zal0m0n

Atlantis!!!! x), Mauritania

Sarasota

Sarasota, Fl, United States

T

thebonseung

Republic of Korea

Matching Fund

Sterling, United States

S

stryker75

United States

LouisB

ZIDISHA, Mozambique

J

JessicaAna

Maputo, United States

ToddTho

World Wide, United States

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  • Zacharia    Oct 13, 2015

    Morning lenders Sam Odoo is not reachable but have managed to speak to one of his referees who promised to find him and then get back to me. Otherwise I hope you had a great weekend.
    Good day
    Zachary Kwanya
    VM

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  • Zacharia    Oct 13, 2015

    Morning lenders Sam Odoo is not reachable but have managed to speak to one of his referees who promised to find him and then get back to me. Otherwise I hope you had a great weekend.
    Good day
    Zachary Kwanya
    VM

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  • Zacharia    Sep 29, 2015

    Good afternoon lenders I have just spoken to Sam Odoo and he said he will make payments befor the end of the week , after which he will keep on doing the repayment without fail. Otherwise have a good afternoon.
    Zachary Kwanya
    VM

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  • Zacharia    Sep 9, 2015

    Good morning Sam you promised on August 29th that you will start servicing you loan mid this month we hope it will happen as said your repayment is at 20% which is very low kindly try and do something about it so that next time you be in a position to get a loan increment.
    Have a great week and wish you all the best in your business.

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  • Sam    Aug 29, 2015

    I will begin servicing the loan by mid-september

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  • Sam    Aug 15, 2015

    Dear Lenders,
    My business has not been doing very well and this has impacted on my timely repayment. However, things are improving and I'll begin my repayments before the end of this month. Thank you guys for your patience.

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  • Zacharia    Aug 11, 2015

    Hallo lenders hope all is well. I have tried communicating to other members but their phones keep on ringing and goes without being answered. I will keep on trying then keep you posted on their whereabouts.

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  • Zacharia    Jul 6, 2015

    Hallo Lenders hope you are well i managed to speak to one of Sam Odoo referees but even them are not in a position to reach him checking on his response hes mention somewhere that he is not in a position to make payments but he didn't give reasons as to why.
    Otherwise have a great day
    Zachary Kwanya
    VM Athi-River

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    • Roy    Jul 6, 2015

      Zacharia, Thank you for your efforts.

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      • Zacharia    Jul 11, 2015

        Am still looking for him am very sure he will answer my call one of this days have a blessed Saturday Roy.

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  • Sam    Jul 3, 2015

    I'm currently not in a position to make the payments as scheduled.

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  • Zacharia    Jun 18, 2015

    Sam kindly inform the lenders about your repayments and keep them posted on how you are fearing with your business.
    Have a blessed afternoon.

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  • Zacharia    Jun 7, 2015

    Hallo lenders i tried communicating to sam odoo but he was unreachable luckily i got one of his references who said he will look for him them keep me posted on his whereabouts. Otherwise wish you a great sunday.

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  • Zacharia    May 16, 2015

    Hallo lenders have just talked to Sam Odoo and he promised to make some of his payment before the end of the month so the his arrears would be cleared. Otherwise wish you a great weekend.

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  • Zacharia    Apr 30, 2015

    hallo lenders i couldn't reach sam odoo but i will keep on trying his line to see if it will go through. Have a blessed morning.

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  • Zacharia    Apr 13, 2015

    hello lenders i tried contacting sam odoo but i could not reach him i will keep on trying then get back to you.

    regards
    zachary kwanya
    VM

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  • Sam    Mar 20, 2015

    Dear Lenders,
    My business is slowly picking up and I'm hopeful I'll be able to clear all my arrears within the next two weeks. Thanks your your patience.
    Sam

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  • Zacharia    Mar 12, 2015

    Hallo lenders i spoke to sam odoo and he promised to make the payments before the end of the week, Otherwise i wish you a great week
    Zachary Kwanya
    VM

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  • Zacharia    Feb 28, 2015

    hallo lenders i spoke to sam odoo yesterday and he promised to make his payments today without fail. otherwise i wish you a great evening.

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  • Sam    Feb 5, 2015

    Zacharia Kwanya.....You do not really have to speak to anyone over my dues. I'm very much aware of my last month's arrears and will settle them soonest.

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    • Zacharia    Feb 14, 2015

      Sam Odoo what do i have to do if you don't respond to my mails and even the phone calls i make to you? i had no choice but to speak to your referees atleast they made you respond to my emails. I have nothing personal but just informing you about the loan. Have a great weekend.

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  • Zacharia    Feb 5, 2015

    Hallo lenders have managed to speak to Patrick Odhiambo the guy who invited sam odoo and he say that he spoke to him last week and he just mentioned that he makes his payments every month of which he's not done so yet. I will wait for him to contact Sam then get back to me.

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  • Zacharia    Jan 31, 2015

    Hey lenders i managed to talked to the guy who invited sam odoo and he promised to talked to him and get back to me since i was not in a position to get sam on phone.

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