Avicom Cybercafé

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 two extra laminating machine for my computer shop and add stock of printing paper in it too. laminating machines will costs approximately $ 200.
I will also use $100 to buy plain photocopy and printing paper. . However, the current demand of students needs at least an additional $50 of plain paper, approximately 5 rims of 500 A4 sheets in each rim. That’s 2500 A4 plain papers.
This should meet the demand.
I will buy two hardy stapler and a binding machine that costs 100$ and add stationery such as pens, blank CDs and plastic bag folders which are common with the university students which will add up to $155. These additions should make me a good profit.
When I type and print on plain paper I usually charge $ 0.5 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 expand my business with the increased proceeds.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$616.00

Date disbursed

Sep 22, 2016

Repayment status

On Time

Projected term

5 months

Lenders

Kylie

Mount Martha, Australia

Zidisha

Sterling, United States

G

guenter

Bremen, Germany

Ingela

Falun, Sweden

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

K

kjustad

Asker, Norway

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

Lou Kaucic

Sanbornton, NH, United States

MR

Michiel Rauws

San Francisco, Netherlands

PG

Paul Graham

United States

PR

Paul Rausch

United States

Taylor

Memphis, United States

EthicalHost

Toronto, Canada

Stephan W

Witten, Germany

Ren

Minneapolis/StPaul, United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$616.01

Amount remaining

$0.00

Date repaid

Jan 26, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Oct 1, 2016 $5.04 Oct 7, 2016 $5.04
Oct 8, 2016 $5.04 Oct 13, 2016 $5.04
Oct 15, 2016 $5.04 Oct 19, 2016 $5.04
Oct 22, 2016 $5.04 Oct 26, 2016 $5.04
Oct 29, 2016 $0.00
Nov 5, 2016 $6.05 Nov 4, 2016 $6.05
Nov 12, 2016 $6.05 Nov 12, 2016 $6.05
Nov 19, 2016 $6.05 Nov 19, 2016 $6.05
Nov 26, 2016 $6.05 Nov 28, 2016 $6.05
Dec 3, 2016 $6.05 Dec 4, 2016 $6.05
Dec 10, 2016 $6.05 Dec 13, 2016 $6.05
Dec 17, 2016 $6.05 Dec 20, 2016 $6.05
Dec 24, 2016 $6.05 Dec 25, 2016 $6.05
Dec 31, 2016 $181.50 Jan 2, 2017 $181.50
Jan 7, 2017 $171.41 Jan 3, 2017 $171.41
Jan 14, 2017 $1.01 Jan 17, 2017 $1.01
Jan 21, 2017 $1.01 Jan 17, 2017 $1.01
Jan 28, 2017 $1.01 Jan 17, 2017 $1.01
Feb 4, 2017 $1.01 Jan 17, 2017 $1.01
Feb 11, 2017 $80.66 Jan 23, 2017 $46.79
Jan 25, 2017 $33.88
Feb 18, 2017 $80.66 Jan 25, 2017 $35.69
Jan 26, 2017 $34.28
Jan 26, 2017 $10.69
Feb 25, 2017 $29.17 Jan 26, 2017 $29.17

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