Funding for a modern,uptodate cyber cafe
Douglas
Nairobi, Kenya
2% repaid
Entrepreneur
Name
Douglas
Member since
May 2014
On-time repayments
93 installments • 2%
About Me
I am a young man with big and great dreams of making it real good in life. I started my education journey at St. Paul’s Ol joro-orok in Nyandarua County in the central region of Kenya. In the year 2009, I secured a place in form one as per the Kenyan education system in Nyahururu high school. Four years later I managed to be ranked among the top performers in the school after scoring a higher grade enough to qualify me in joining any Kenyan university. Currently I am taking bachelor’s degree in Mathematical Sciences with Information Technology in a local university in western Kenya. My passion in life is to leave an unforgettable mark in the business industry just like some renowned men and women of the world have done. I believe in providing quality business services to customers through innovation and strong dedication. I hail from a humble background with my parents and siblings playing a very important role of encouraging me throughout my life. I also take time out to socialize with friends and members of the community in order to understand the challenges being faced by many people especially in Africa and other third world nations.
My Business
My business idea came into mind right after completing my four years of high school education in Kenya. This was in the year 2012 and by January of the following year, I had already set up cybercafé shop in Juja area next to the Jomo Kenyatta University of Agriculture and Technology. Currently my business is giving me encouraging profits ever since I started and my greatest wish as of at now is to embark in expanding it. I have seven desktop computers, two laptops, one printer, one photocopying machine and modern network connection system that are quite efficient. I mainly rely on the large university student and staff population who demand for internet and other cyber services such as photocopying, printing and laminating is quite high. I have employed one person to assist me in the running of the business especially taking into perspective that I am away at times on academic duties hence the need to have an assistant. From the encouraging rewards I am receiving from my business I have been in a position to pay my University academic fees at the same time touching the lives of other people in the society such as my younger siblings
Loan Proposal
The funds will be used to purchase two desktop monitors and a sighnboard to market my cyber cafe.I have done a market survey and come to a realisation that marketing is vital when wanting a cybercafe buisness to grow.Rest assured that the funds that you will give me will be put to good use.Thank you so much for taking your time to view my profile.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Jul 30, 2014
Repayment status
Late
Projected term
21 months
Lenders
Summary
Amount repaid
$4.07
Amount remaining
$187.76
Expected completion
May 23, 2016
Status
Repaying late
Installment amount
$2.33
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 11, 2014 | $2.33 | Aug 11, 2014 | $2.33 |
| Aug 18, 2014 | $0.00 | ||
| Aug 25, 2014 | $0.00 | ||
| Sep 1, 2014 | $0.00 | ||
| Sep 8, 2014 | $0.00 | ||
| Sep 15, 2014 | $0.00 | ||
| Sep 22, 2014 | $1.74 | Sep 22, 2014 | $1.74 |
| Sep 29, 2014 | $0.00 | ||
| Oct 6, 2014 | $0.00 | ||
| Oct 13, 2014 | $0.00 | ||
| Oct 20, 2014 | $0.00 | ||
| Oct 27, 2014 | $0.00 | ||
| Nov 3, 2014 | $0.00 | ||
| Nov 10, 2014 | $0.00 | ||
| Nov 17, 2014 | $2.33 | ||
| Nov 24, 2014 | $2.33 | ||
| Dec 1, 2014 | $2.33 | ||
| Dec 8, 2014 | $2.33 | ||
| Dec 15, 2014 | $2.33 | ||
| Dec 22, 2014 | $2.33 | ||
| Dec 29, 2014 | $2.33 | ||
| Jan 5, 2015 | $2.33 | ||
| Jan 12, 2015 | $2.33 | ||
| Jan 19, 2015 | $2.33 | ||
| Jan 26, 2015 | $2.33 | ||
| Feb 2, 2015 | $2.33 | ||
| Feb 9, 2015 | $2.33 | ||
| Feb 16, 2015 | $2.33 | ||
| Feb 23, 2015 | $2.33 | ||
| Mar 2, 2015 | $2.33 | ||
| Mar 9, 2015 | $2.33 | ||
| Mar 16, 2015 | $2.33 | ||
| Mar 23, 2015 | $2.33 | ||
| Mar 30, 2015 | $2.33 | ||
| Apr 6, 2015 | $2.33 | ||
| Apr 13, 2015 | $2.33 | ||
| Apr 20, 2015 | $2.33 | ||
| Apr 27, 2015 | $2.33 | ||
| May 4, 2015 | $2.33 | ||
| May 11, 2015 | $2.33 | ||
| May 18, 2015 | $2.33 | ||
| May 25, 2015 | $2.33 | ||
| Jun 1, 2015 | $2.33 | ||
| Jun 8, 2015 | $2.33 | ||
| Jun 15, 2015 | $2.33 | ||
| Jun 22, 2015 | $2.33 | ||
| Jun 29, 2015 | $2.33 | ||
| Jul 6, 2015 | $2.33 | ||
| Jul 13, 2015 | $2.33 | ||
| Jul 20, 2015 | $2.33 | ||
| Jul 27, 2015 | $2.33 | ||
| Aug 3, 2015 | $2.33 | ||
| Aug 10, 2015 | $2.33 | ||
| Aug 17, 2015 | $2.33 | ||
| Aug 24, 2015 | $2.33 | ||
| Aug 31, 2015 | $2.33 | ||
| Sep 7, 2015 | $2.33 | ||
| Sep 14, 2015 | $2.33 | ||
| Sep 21, 2015 | $2.33 | ||
| Sep 28, 2015 | $2.33 | ||
| Oct 5, 2015 | $2.33 | ||
| Oct 12, 2015 | $2.33 | ||
| Oct 19, 2015 | $2.33 | ||
| Oct 26, 2015 | $2.33 | ||
| Nov 2, 2015 | $2.33 | ||
| Nov 9, 2015 | $2.33 | ||
| Nov 16, 2015 | $2.33 | ||
| Nov 23, 2015 | $2.33 | ||
| Nov 30, 2015 | $2.33 | ||
| Dec 7, 2015 | $2.33 | ||
| Dec 14, 2015 | $2.33 | ||
| Dec 21, 2015 | $2.33 | ||
| Dec 28, 2015 | $2.33 | ||
| Jan 4, 2016 | $2.33 | ||
| Jan 11, 2016 | $2.33 | ||
| Jan 18, 2016 | $2.33 | ||
| Jan 25, 2016 | $2.33 | ||
| Feb 1, 2016 | $2.33 | ||
| Feb 8, 2016 | $2.33 | ||
| Feb 15, 2016 | $2.33 | ||
| Feb 22, 2016 | $2.33 | ||
| Feb 29, 2016 | $2.33 | ||
| Mar 7, 2016 | $2.33 | ||
| Mar 14, 2016 | $2.33 | ||
| Mar 21, 2016 | $2.33 | ||
| Mar 28, 2016 | $2.33 | ||
| Apr 4, 2016 | $2.33 | ||
| Apr 11, 2016 | $2.33 | ||
| Apr 18, 2016 | $2.33 | ||
| Apr 25, 2016 | $2.33 | ||
| May 2, 2016 | $2.33 | ||
| May 9, 2016 | $2.33 | ||
| May 16, 2016 | $2.33 | ||
| May 23, 2016 | $4.03 | ||
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