Douryn
South C, Kenya
100% repaid
Name
Douryn
Member since
July 2014
On-time repayments
16 installments • 50%
My name is Douryn Bochere Ongwae. I was born in Kisii District and I was schooled in Gotinyago Primary School: I used to walk to school by foot and coming back (it was a day school). I got 430 marks out of 700. I went to St. Cecilia Girls High School Misikhu. I came to Nairobi and I went to the Vision Insititute and did accounts katc intermediate and final, then CPA part one. That is when I made up my mind to start business.
I started a cybercafe business at Kenya Cinema Plaza with 10 machines. I worked hard: I did a lot of marketing by giving fliers in the streets. I got so many clients until now I have 60 machines after 5 years. (I started the business in 2009.)
Basically, I started a cybercafe to offer services, e.g. clients used to come and browse in my cyber. I also offer internet calls, e.g. Skype. I offer printing services, photocopy, scanning, binding, and lamination.
My business is very competitive because I offer highly internet services at only 50 cents per minute, while the surrounding cybers offer at $1 and slow. I have 60 machines and they are full. I give offers to my clients, e.g. when you surf more than two hours, you get a free soda.
For the loan I am going to apply for, I want to stock my cyber with accessories like flashdisks and headphones. As I repay my loan, with time, when I borrow a high amount I will also stock laptops, cameras and IT-related accessories.
rpose of Loan
when i get this loan around 50usd i will use 30usd to
purchase flashdisk 4gb and 8gb from wholesalers at around
10pieces per flashdisk it will cost me 2.8usd and i will
resell to my customers around 5.8usd from this ten
flashdisk i will make a profit of 30usd the remaining 20usd
i will buy headphones ucome around 6pieces per
headphone it will coast me around 5.8usd from wholesalers
and i will sell to my customers around 8usd the profit i will
be making will help me pay back my loan and flashdisk and
headphones are fast moving items in a cyber cafe and in the
near future when i get good capital i will organise a
business trip to china where i can get
flashdisck,headphones,laptops,cameras,usb cables at a
cheaper price and i will start selling them both wholesale
and retail prices to my customers
Your Translation:
my name is douryn bochere ongwae i was born in kisii district i schooled in gotinyago primary school i used to walk to school by foot and coming back(it was a day school) i got 430marks out of 700 i went to st cecilia girls high achool misikhu got a c plan i came to nairobi i went to vision insititute and did accounts katc intermediate and final then cpa part one that is when i made up my mind to start business i started a cybercafe business at kenya cinema plaza with 10machines i worked hard i did alot of marketing by giving fliers in the streets i got so many clients till now i have 60 machines after 5 years i started the business in 2009
basically i started a cybercafe to offer services e.g clients used to come and browse in my cyb
er i also offer internet calls e.g skype i offer printing services, photocopy, scanning, binding,
lamination my business is very competitive because i offer highly internet services at only 50cents per minute while the surrounding cybers offer at 1/= and slow i have 60 machines and they are full i give offers to my clients e.g when u surf more that two hours you get a free soda.
the loan am gonna apply i want to stock my cyber with accessories like flashdisk,headphones as i repay my loan with tyme when i borrow high amount i will also stock laptops cameras and it related accessories
when i get this loan around 50usd i will use 30usd to purchase flashdisk 4gb and 8gb from wholesalers at around 10pieces per flashdisk it will cost me 2.8usd and i will resell to my customers around 5.8usd from this ten flashdisk i will make a profit of 30usd the remaining 20usd i will buy headphones ucome around 6pieces per headphone it will coast me around 5.8usd from wholesalers and i will sell to my customers around 8usd the profit i will be making will help me pay back my loan and flashdisk and headphones are fast moving items in a cyber cafe and in the near future when i get good capital i will organise a business trip to china where i can get flashdisck,headphones,laptops,cameras,usb cables at a cheaper price and i will start selling them both wholesale and retail prices to my customers
Positive
4
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Sep 22, 2014
Repayment status
On Time
Projected term
5 weeks
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