Entrepreneur

About Me

i am 29 years old married man with two children. i live in pangani estate in nakuru town. within pangani there is a section called makuti and that is the specific place where i live. i live in room number 17 i hold a diploma in sales and marketing. i am a sales executive in one of the leading insurance companies in Kenya. upon employment in the year 2011, i started a cyber cafe using my first loan of KES 60000. i stated with three computers and i have since then increased the number to five. my business is located within centre area in bondeni estate. the average returns averages at KES 30000 per month.

My Business

as shown above, i live in pangani estate. i however run the business outside the estate that i reside in that is in bondeni. i run a cyber cafe currently with five computers in a fairly spacious room that can still accommodate an extra four computers.i intend to use this loan to increase the number further. i have one employee on casual term. i get an average profit of KES30000 per month and gross sales of KES 45000. most of this i save for the purpose of business expansion. i also work as a sales executive within nakuru town. this gives me humble time to be able to supervise my business occasionally in this area. there are only two of this kind of business hence competition is not so much. there is risk of appliance failure or breakdown. i have however put in place protection against power surge. if i do not invest the loan i9n business, then i will use my salary to pay for the loan even though i don't anticipate such to happen.

Loan Proposal

i first thank the zidisha team for having approved my loan application. i intend to use KES 4000 to purchase a brand new thee in one printer. this will improve on my capacity to handle more customers at a time and at the same time a back up in case of breakdown of photocopy machine.i will use the remaining amount to purchase stationary. this will include books,pens, and photocopy papers among others.with this i will be able to improve on my monthly net earnings.

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