Growth 2.0

Mathews

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Mathews

Member since

December 2017

On-time repayments

42 installments  •  55%

About Me

I am Mechanical engineering student with passion for technology and bringing new technology to people who are lack the funds for buying and experiencing technology .I am a multidisciplinary person in finance,technology, accounting and philosophy.I am always actively researching and learning new skills.I am passionate about the disruption of technology to the echo chamber,such as bitcoin and quantum computing.I want to offer normal people the chance to experience technology.

My Business

My business is an entertainment parlor, offering a gaming experience to students.My business is near a university in which students make the largest market share.I choose this business because am very passionate about technology.My typical cost are $17.45(p.m) in electricity bill,$100(p.m) in rental space and $20(p.m) in maintenance of the gaming facility.The total cost is$137.45 per month.My income per day is $10.For 30 days it amounts to $300(minus$137.45),$162.55 in profit.I use the profit mainly to grow the business.

Loan Proposal

I will introduce new methods of improving the comfort of clients in the game parlor and increase advertising expenditure.The Loan will outsource new equipment, Hire new workers who will free up my time to focus on growing the business.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$125.00

Date disbursed

Jun 28, 2019

Repayment status

On Time

Projected term

2 months

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Mathews a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Edwin    Sep 28, 2019

    Dear lenders,

    I'm in talks with Mr Matthews and he has promised to restart payments when his business picks up.

    Thank you.
    Edwin, VM.

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  • Edwin    Aug 24, 2019

    Dear lenders,

    Once again Matthews has promised to resume repayments once he's through a difficult financial grip.

    Thank you.
    Edwin, VM.

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  • Edwin    Jul 20, 2019

    Hi

    I've talked to Mathews and he has promised to resume repayment of his instalments in the coming days.

    Thank you for your patience and kindness.
    Edwin, VM

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  • Mathews    Jun 28, 2019

    The loan will help me grow my business, and make a great impact to society

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  • Mathews    Jun 27, 2019

    It helped me make a difference in the community by employing members of the community

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  • Edwin    Jun 11, 2019

    Dear lenders,

    Matthews has promised to restart paying the loan once he's through a bad financial situation. He's suggesting this will be just weeks away then he'll make bulk repayments.

    Thanks for your patience.
    Edwin, VM

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  • Mathews    Apr 26, 2019

    Thank you for the loan. This will greatly benefit my business venture

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  • Mathews    Apr 24, 2019

    With access to loans from zidisha I have been able to install internet on the premises now,players can watch learn from twitch.

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  • Mathews    Jan 19, 2019

    Thank you Tim. That’s a unique niche that would be great to have here.

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  • Tim    Jan 17, 2019

    Good luck with your Gaming Parlor Mathews! I have a business selling classic video game consoles in The Netherlands. The retro Nintendo stuff from the 90s mostly. Let me know if that would suit your business, maybe I can get one to you :).

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  • Mathews    Aug 11, 2018

    I will improve my business by acquiring new gaming consoles for my gaming parlor in order to improve customers experience .With the loan i will look for the most cost effective consoles and durability as an objective. The improvement to the gaming experience will help me gain and retain clients

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  • Mathews    Jun 14, 2018

    Thank you for the funding

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  • Mathews    Jun 5, 2018

    I will improve my business by acquiring new gaming consoles for my gaming parlor in order to improve customers experience .With the loan i will look for the most cost effective consoles and durability as an objective. The improvement to the gaming experience will help me gain and retain clients

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  • Mathews    Mar 10, 2018

    Thank you, I was able to improve my business.

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