Equipments and materials for avicom cybercafe'

Victor

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Victor

Member since

December 2014

On-time repayments

258 installments  •  55%

About Me

My name is victor an IT graduate, after school i started a cyber cafe business to keep me busy as I searched for a job. Through luck i was introduced to zidisha by a friend. Am grateful to be part of Zidisha family as large because it has seen my business grow to a level I didn't expect. During my free time I love reading a lot and watching football

My Business

I'm the owner of Avicom cyber cafe business in Nakuru. The goods and services that i offer include internet services, photocopy, printing, lamination, scanning, lamination, computer repair and maintenance. There is always the demand for internet, printing and computer services. This is due to the technological advancement throughout the world. Customers prefer my products and services due to the fact that i offer the fastest internet access services at a cheap price as compared to my competitors. The business is profitable because it is diverse and offers different products and services which in turn boosts sales revenues. The risks my business face is inflation, insecurity and the increasing demand of smart phones which supplement a certain percentage of the customer internet usage. On average, the business operations and recurrent costs are at $ 500 with a monthly sales revenue of between $300-$450. Profit margins are at $250-$350.

Loan Proposal

The loan will be invested into the business in order to improve on service delivery and value creation.I will purchase a laminating machine for my computer shop and add printing paper in it too. A laminating machine costs approximately $ 60.
I will also use $20 to buy plain photocopy and printing paper. . However, the current demand of students needs at least an additional $20 of plain paper, approximately 5 rims of 500 A4 sheets in each rim. That’s 2500 A4 plain papers.
This should meet the demand.
I will buy a hardy stapler and a binding machine that costs 33$ and add stationery such as pens, blank CDs and plastic bag folders which are common with the university students. These additions should make me a good profit.
When I type and print on plain paper I usually charge $ 0.4 per paper I print. So for 2500 plain A4 papers I should be able to make a profit of around $55 per week.
I will bind proposals at $10 per 100 to 200 page proposal.
This should enable me pay the loan and safely reinvest my proceeds in the business, eventually being able to purchase an additional computer with the increased proceeds.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$330.00

Date disbursed

Mar 13, 2016

Repayment status

On Time

Projected term

6 months

Lenders

BelleStarr

Albuquerque, United States

Paul Buchheit

Mountain View, United States

lyalljellyman

Wellington, New Zealand

BB

Ben Bellows

United States

D

Daniel

United States

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

WS

Warren Shen

United States

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