Name
Benadette
Member since
November 2017
On-time repayments
29 installments • 62%
I am a 30 year old lady with passion in business. I have a bachelors degree in business and employed but besides i still believe in doing Business. in my village there is the urge of making people digitized and that is why opened up a cyber cafe. Here i offer internet services, photocopying, typesetting, laminating and binding. it was one of needs i found out that the people of this place required and could travel long distances for them to get such services. mostly children of village dream of getting employed in big postions such as engineers and pilots but when they grow up there dreams always backfire
With my cybercafe I offer services such as photocopying, printing, typesetting, laminating, binding, wifi and internet services. we have colleges around and schools in this village but there are no suppliers and so this means my major target are the students and also i supply internet in this institutions. therefore i do make profit from this business which is the main source of income. my costs include administrative costs such as salaries and transportation. and servicing of the computers and operating costs. revenues are collected from each of the services after the service have been offered. this profit majorly is spend in reinvestment and savings.
This loan is going to enable me to expand my business by opening another office in another location. I am going to pay house rent for business worth 10 dollars and to employee anew staff who will need training that will cost me 3 dollars. this will help me to target a large population that will make an increase in profits worth 15 dollars. the society will also be able to benefit from this as they will be able to access internet services at an affordable prices with no transportation costs. They will also do away with the analog world to digital world.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$15.00
Date disbursed
Apr 26, 2018
Repayment status
On Time
Projected term
3 months
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