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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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$229.00
Date disbursed
Mar 18, 2015
Repayment status
On Time
Projected term
11 months
Other loans
Lenders
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Summary
Amount repaid
$241.24
Amount remaining
$0.00
Date repaid
Mar 2, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 29, 2015 | $2.47 | Apr 5, 2015 | $2.47 |
| Apr 5, 2015 | $0.00 | ||
| Apr 12, 2015 | $2.20 | Apr 15, 2015 | $2.20 |
| Apr 19, 2015 | $0.00 | ||
| Apr 26, 2015 | $0.00 | ||
| May 3, 2015 | $0.00 | ||
| May 10, 2015 | $1.10 | May 14, 2015 | $0.55 |
| May 14, 2015 | $0.55 | ||
| May 17, 2015 | $1.10 | May 20, 2015 | $0.55 |
| May 20, 2015 | $0.55 | ||
| May 24, 2015 | $1.10 | May 26, 2015 | $0.55 |
| May 26, 2015 | $0.55 | ||
| May 31, 2015 | $1.10 | May 26, 2015 | $0.22 |
| Jun 3, 2015 | $0.55 | ||
| Jun 3, 2015 | $0.33 | ||
| Jun 7, 2015 | $1.10 | Jun 3, 2015 | $0.22 |
| Jun 18, 2015 | $0.88 | ||
| Jun 14, 2015 | $1.10 | Jun 18, 2015 | $1.10 |
| Jun 21, 2015 | $1.10 | Jun 18, 2015 | $1.10 |
| Jun 28, 2015 | $1.10 | Jun 18, 2015 | $0.22 |
| Jul 8, 2015 | $0.55 | ||
| Jul 8, 2015 | $0.33 | ||
| Jul 5, 2015 | $1.10 | Jul 8, 2015 | $0.22 |
| Jul 13, 2015 | $0.55 | ||
| Jul 13, 2015 | $0.33 | ||
| Jul 12, 2015 | $1.10 | Jul 13, 2015 | $0.22 |
| Jul 16, 2015 | $0.88 | ||
| Jul 19, 2015 | $1.10 | Jul 16, 2015 | $0.16 |
| Jul 18, 2015 | $0.93 | ||
| Jul 26, 2015 | $1.10 | Jul 28, 2015 | $1.10 |
| Aug 2, 2015 | $1.10 | Jul 28, 2015 | $1.10 |
| Aug 9, 2015 | $1.10 | Jul 28, 2015 | $0.55 |
| Aug 23, 2015 | $0.55 | ||
| Aug 16, 2015 | $1.10 | Aug 23, 2015 | $1.10 |
| Aug 23, 2015 | $1.10 | Aug 23, 2015 | $1.10 |
| Aug 30, 2015 | $1.10 | Aug 23, 2015 | $0.55 |
| Sep 9, 2015 | $0.55 | ||
| Sep 6, 2015 | $1.10 | Sep 9, 2015 | $1.10 |
| Sep 13, 2015 | $1.10 | Sep 9, 2015 | $0.22 |
| Sep 23, 2015 | $0.88 | ||
| Sep 20, 2015 | $1.10 | Sep 23, 2015 | $1.10 |
| Sep 27, 2015 | $1.10 | Sep 23, 2015 | $0.77 |
| Oct 23, 2015 | $0.33 | ||
| Oct 4, 2015 | $1.10 | Oct 23, 2015 | $1.10 |
| Oct 11, 2015 | $1.10 | Oct 23, 2015 | $1.10 |
| Oct 18, 2015 | $1.10 | Oct 23, 2015 | $1.10 |
| Oct 25, 2015 | $1.10 | Oct 23, 2015 | $1.10 |
| Nov 1, 2015 | $1.10 | Oct 23, 2015 | $0.77 |
| Nov 6, 2015 | $0.33 | ||
| Nov 8, 2015 | $1.10 | Nov 6, 2015 | $0.77 |
| Nov 15, 2015 | $0.33 | ||
| Nov 15, 2015 | $1.10 | Nov 15, 2015 | $1.10 |
| Nov 22, 2015 | $1.10 | Nov 15, 2015 | $0.22 |
| Nov 23, 2015 | $0.55 | ||
| Nov 23, 2015 | $0.33 | ||
| Nov 29, 2015 | $1.10 | Nov 23, 2015 | $0.22 |
| Dec 1, 2015 | $0.88 | ||
| Dec 6, 2015 | $1.10 | Dec 13, 2015 | $1.10 |
| Dec 13, 2015 | $1.10 | Dec 13, 2015 | $1.10 |
| Dec 20, 2015 | $1.10 | Dec 13, 2015 | $1.10 |
| Dec 27, 2015 | $1.10 | Dec 24, 2015 | $1.10 |
| Jan 3, 2016 | $1.10 | Jan 4, 2016 | $1.10 |
| Jan 10, 2016 | $1.10 | Jan 4, 2016 | $0.55 |
| Jan 8, 2016 | $0.55 | ||
| Jan 17, 2016 | $1.10 | Jan 8, 2016 | $0.55 |
| Jan 18, 2016 | $0.55 | ||
| Jan 24, 2016 | $0.55 | Jan 18, 2016 | $0.55 |
| Jan 31, 2016 | $1.10 | Feb 3, 2016 | $1.10 |
| Feb 7, 2016 | $1.10 | Feb 12, 2016 | $1.10 |
| Feb 14, 2016 | $1.10 | Feb 12, 2016 | $1.10 |
| Feb 21, 2016 | $1.10 | Feb 12, 2016 | $1.10 |
| Feb 28, 2016 | $1.10 | Feb 12, 2016 | $1.10 |
| Mar 6, 2016 | $0.71 | Feb 12, 2016 | $0.71 |
| Mar 13, 2016 | $189.15 | Mar 2, 2016 | $189.15 |
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