Install high-speed internet in our cybercafe

Barnabas

Kaptumo, Kenya

30% repaid

Entrepreneur

Name

Barnabas

Member since

June 2016

On-time repayments

167 installments  •  55%

About Me

I am Barnabas Biwott born in Kerita and raised in Kaptumo village. I attended Kaptumo Primary School in Uasin- Gishu County and after completion i joined Lelmokwo Boys High School in Nandi county from High School i went to Dawn to Dusk college for my Diploma course in Purchasing and Supply latter i went to Mombasa for advance Diploma at Coast College of Commerce.After college i i move from one place to another in search of job and latter assisted my relative to manage his business latter i joined Civicon company to work as a fuel coordinator. After my contract ended with Civicon i open a cyber cafe that i now manage. I love travelling watching soccer and watching movies. I am from Rift Valley province in Kenya were people engage in farming activity mostly cultivating maize and rearing of cattle's people of my culture are runners and thats is why they are world beaters in athletics,they are known for the love of milk. i want my children to be well accomplished people in life and self reliant thats is why i want to to best in business to set a good example to them. i love sport and mostly soccer that is why i never miss watching soccer mostly EPL.

My Business

I have open a cyber cafe business adjacent to Moi university West campus by the name of Sertol Enterprises.In this business I offer internet Services we do photocopy,scanning,printing.typing and typesetting,we also do lamination and binding services in addition we sell movies ,pens.fullscaps,envelopes etc we ensure we gather all the needs of the students.We also offer play station so that students can relax their minds after their studies i want to grow our business to higher level and thats is why i re invest the profits. I chose this kind of business because of demand after analysis of different kinds of business and market demand i finally settle for the cyber cafe and I was right because this services are highly demanded by the students. the business is growing and as a result of this some demand are coming out which are very urgent that is why i come to seek your assistance and a i am most grateful for the much assistance you are offering.

Loan Proposal

where my cyber business is located is a approximately 5km from Eldoret town and there is no fiber internet passing through and as for now i am using modem which is mostly inconveniencing my customers and as a result of this i end up loosing a lot of customers. to cure this some IT expert have advice me that since they have install fiber in Eldoret town if i can buy some equipment they will be able to connect it with the equipment in Eldoret town and as a result of this i will be able to get the fiber. the equipment is estimated to cost 400 dollars and installation 50 dollars total 450 dollars. This business will be much importance for me and my customers in that customers will get the value for their money and in my part my profit will increase by 30%.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$195.00

Date disbursed

May 8, 2018

Repayment status

Late

Projected term

23 months

Lenders

MarktheMormon

Sandy, Utah, United States

MC

United States

Dan Brinkman

Lynden, WA, United States

Ed

Howells, United States

J

JB

Germany

WV

Wouter van Buizen

Amsterdam, Netherlands

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