Name
Samson
Member since
July 2016
On-time repayments
141 installments • 25%
Coming from a poor back I was sponsored by Action aid to school. I managed a Bcomm degree.
By the time I finished my University education I knew I have a heart for business. I wanted to do business.
After looking for a good job for a few years, I realized I could be wasting my time. I settled for self employment.
I started a Cyber cafe, Yatta, Machakos County. I am a monopoly in the area.
I ran a cyber cafe business in Kithimani, Yatta in Machakos County, where I provide the following services among others:
- Internet services
- Computer Training
- Typesetting
- Gaming and games
- etc
The reliability of my internet services and the fact that I am a monopoly encourages me to put more efforts towards building up a stronger brand in Yatta Sub-County.
- I am married with three kids. One has just joined University.
- i am looking for a way build some realiable power supply for the business since The region is prone to frequent power black outs which highly affects my power-intensive business.
I am looking for an entry point in the community that will ultimately enable me get a loan to facilitate me buy a generator worthy Usd 50 (Ksh 50,000) to act as power backup for my business.
With an uninterrupted power I expect to have a higher competitive advantage in the market region and beyond. I will grow customer base by gaining their trust in terms of consistency and reliability.
I therefore expect a 50 % increase in profitability due to power stability alone.
Positive
None
Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$11.00
Date disbursed
Sep 1, 2016
Repayment status
Late
Projected term
6 weeks
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