I need the loan to add more refreshment drinks in my cyber cafe

Francis

Ngata, Kenya

7% repaid

Entrepreneur

Name

Francis

Member since

February 2014

On-time repayments

190 installments  •  6%

About Me

My name is francis kariuki. I am 21 years old. I am the third born in our family. I have a passion for information technology (IT) which. I finished my secondary education in 2008 and managed good grade during which i went to offer my services in cyber cafe when i was free to learn more. In fact i discovered an opportunity to provide IT services in our area and started with my printing machine and a home computer. I received a lot of customers who needed these services and since not many people had little knowledge about computers, demand for my services expanded. This was just immediately after i finished high school. I was using my home computer and customers would come knocking at my door early in the morning for photocopy, printing or worked that needed to be typed and emailed. This was like a career that come knocking at my door and i felt joy to discover my career choice that earned me money even before i could open a cyber cafe. I got so curious that i bought programming books to learn more and so that i would on top of other competitors in the market. I had a colleague of my father who was an IT teacher and he offered to teach me at part time hours. My father paid for me to do a course in infromation technology and graduated in 2009 with a second class honours, upper division.
I opened a cyber cafe using my savings and borrowed loans and with my computer in Nakuru town. There was a remarkable demand rise for my services like sofware installation, wndows, installation of antivirus program and many others, internet services, photwocopy, typing and printing services. The never ending increased demand was a real motivation for me and some customers dropped in with demand for other services like mpesa agent, snacks. I opened an mpesa agency next to my cafe and employed someone to help me while i handled the cafe.
I have been operating both the cyber and the mpesa agency upto date. When i learned aboutbzidisha and the good things that it is doing for our community, i felt zidisha rather as part of a family. I woul like it to be my family and a friend in need while i pursue my career I feel very happy to share with you about my tribute.

My Business

I operate cyber cafe and an mpesa agency. My customers are usually students since there is college institution nearby. The business is growing very fast and i am worried my capital is not enough to provide all the items and services customers need. I face very litte competition since i was the one who launched it for the first time. I treat customers with courtesy and satisfaction which has attracted many of them prefering my cafe. I make good profit especially when colleges are in session. I make roughly Ksh. 7000 per day inclusive of cost of Ksh. 3000, that amount to around Ksh. 4000 as profit. The demand for computer services is acute and i am required to spent overtime hours to attend to my customers. This has forced me to employ someone to handle internet services and another provide computer expertise when i am on out-door business.
I have colleague for mpesa agency who makes sure that the transaction account are well kept and upto date. Mpesa makes around Ksh. 30000 per month as profit but is rising because incoming residents. There are other number of services that the customers want and i am worried i am unable to meet their target at the moment. That is why i am in need of zidisha.

Loan Proposal

I need the loan to buy four more computers for internet services. I need to stock my cyber with soft drinks for those customers to buy refreshment drinking when in cyber. I lso need to buy empty cds and dvds for sale and burning document. Cyber industry has many opportunties which bring on money and i want to open them. I am putting my trust in zidisha and i will reciprocate in the same manner

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Mar 11, 2014

Repayment status

Late

Projected term

44 months

Lenders

Silver

Steiermark, Austria

H

hugh1

Co Kerry, Ireland

E

explosionsky

Brooklyn, United States

Jason

Auckland, New Zealand

Sarasota

Sarasota, Fl, United States

C

CZC

Lake Zurich, United States

Matching Fund

Sterling, United States

M

meric

Australia

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$16.06

Amount remaining

$206.64

Expected completion

Nov 9, 2017

Status

Repaying late

Installment amount

$1.18

Repayment History

Expected Payments Actual Payments
Mar 21, 2014 $0.00
Mar 28, 2014 $1.18 Mar 21, 2014 $1.18
Apr 4, 2014 $1.18 Mar 21, 2014 $1.18
Apr 11, 2014 $1.18 Apr 30, 2014 $1.18
Apr 18, 2014 $1.18 Apr 30, 2014 $1.18
Apr 25, 2014 $1.18 Apr 30, 2014 $1.18
May 2, 2014 $1.18 Apr 30, 2014 $1.18
May 9, 2014 $1.18 May 18, 2014 $1.18
May 16, 2014 $1.18 May 18, 2014 $1.18
May 23, 2014 $1.18 May 18, 2014 $1.18
May 30, 2014 $1.18 May 18, 2014 $1.18
Jun 6, 2014 $1.18 Jun 3, 2014 $1.18
Jun 13, 2014 $1.18 Jun 3, 2014 $1.18
Jun 20, 2014 $1.18 Jun 3, 2014 $1.18
Jun 27, 2014 $1.18 Jun 3, 2014 $0.76
Jul 4, 2014 $1.18
Jul 11, 2014 $1.18
Jul 18, 2014 $1.18
Jul 25, 2014 $1.18
Aug 1, 2014 $1.18
Aug 8, 2014 $1.18
Aug 15, 2014 $1.18
Aug 22, 2014 $1.18
Aug 29, 2014 $1.18
Sep 5, 2014 $1.18
Sep 12, 2014 $1.18
Sep 19, 2014 $1.18
Sep 26, 2014 $1.18
Oct 3, 2014 $1.18
Oct 10, 2014 $1.18
Oct 17, 2014 $1.18
Oct 24, 2014 $1.18
Oct 31, 2014 $1.18
Nov 6, 2014 $1.18
Nov 13, 2014 $1.18
Nov 20, 2014 $1.18
Nov 27, 2014 $1.18
Dec 4, 2014 $1.18
Dec 11, 2014 $1.18
Dec 18, 2014 $1.18
Dec 25, 2014 $1.18
Jan 1, 2015 $1.18
Jan 8, 2015 $1.18
Jan 15, 2015 $1.18
Jan 22, 2015 $1.18
Jan 29, 2015 $1.18
Feb 5, 2015 $1.18
Feb 12, 2015 $1.18
Feb 19, 2015 $1.18
Feb 26, 2015 $1.18
Mar 5, 2015 $1.18
Mar 13, 2015 $1.18
Mar 20, 2015 $1.18
Mar 27, 2015 $1.18
Apr 3, 2015 $1.18
Apr 10, 2015 $1.18
Apr 17, 2015 $1.18
Apr 24, 2015 $1.18
May 1, 2015 $1.18
May 8, 2015 $1.18
May 15, 2015 $1.18
May 22, 2015 $1.18
May 29, 2015 $1.18
Jun 5, 2015 $1.18
Jun 12, 2015 $1.18
Jun 19, 2015 $1.18
Jun 26, 2015 $1.18
Jul 3, 2015 $1.18
Jul 10, 2015 $1.18
Jul 17, 2015 $1.18
Jul 24, 2015 $1.18
Jul 31, 2015 $1.18
Aug 7, 2015 $1.18
Aug 14, 2015 $1.18
Aug 21, 2015 $1.18
Aug 28, 2015 $1.18
Sep 4, 2015 $1.18
Sep 11, 2015 $1.18
Sep 18, 2015 $1.18
Sep 25, 2015 $1.18
Oct 2, 2015 $1.18
Oct 9, 2015 $1.18
Oct 16, 2015 $1.18
Oct 23, 2015 $1.18
Oct 30, 2015 $1.18
Nov 5, 2015 $1.18
Nov 12, 2015 $1.18
Nov 19, 2015 $1.18
Nov 26, 2015 $1.18
Dec 3, 2015 $1.18
Dec 10, 2015 $1.18
Dec 17, 2015 $1.18
Dec 24, 2015 $1.18
Dec 31, 2015 $1.18
Jan 7, 2016 $1.18
Jan 14, 2016 $1.18
Jan 21, 2016 $1.18
Jan 28, 2016 $1.18
Feb 4, 2016 $1.18
Feb 11, 2016 $1.18
Feb 18, 2016 $1.18
Feb 25, 2016 $1.18
Mar 3, 2016 $1.18
Mar 10, 2016 $1.18
Mar 18, 2016 $1.18
Mar 25, 2016 $1.18
Apr 1, 2016 $1.18
Apr 8, 2016 $1.18
Apr 15, 2016 $1.18
Apr 22, 2016 $1.18
Apr 29, 2016 $1.18
May 6, 2016 $1.18
May 13, 2016 $1.18
May 20, 2016 $1.18
May 27, 2016 $1.18
Jun 3, 2016 $1.18
Jun 10, 2016 $1.18
Jun 17, 2016 $1.18
Jun 24, 2016 $1.18
Jul 1, 2016 $1.18
Jul 8, 2016 $1.18
Jul 15, 2016 $1.18
Jul 22, 2016 $1.18
Jul 29, 2016 $1.18
Aug 5, 2016 $1.18
Aug 12, 2016 $1.18
Aug 19, 2016 $1.18
Aug 26, 2016 $1.18
Sep 2, 2016 $1.18
Sep 9, 2016 $1.18
Sep 16, 2016 $1.18
Sep 23, 2016 $1.18
Sep 30, 2016 $1.18
Oct 7, 2016 $1.18
Oct 14, 2016 $1.18
Oct 21, 2016 $1.18
Oct 28, 2016 $1.18
Nov 4, 2016 $1.18
Nov 10, 2016 $1.18
Nov 17, 2016 $1.18
Nov 24, 2016 $1.18
Dec 1, 2016 $1.18
Dec 8, 2016 $1.18
Dec 15, 2016 $1.18
Dec 22, 2016 $1.18
Dec 29, 2016 $1.18
Jan 5, 2017 $1.18
Jan 12, 2017 $1.18
Jan 19, 2017 $1.18
Jan 26, 2017 $1.18
Feb 2, 2017 $1.18
Feb 9, 2017 $1.18
Feb 16, 2017 $1.18
Feb 23, 2017 $1.18
Mar 2, 2017 $1.18
Mar 9, 2017 $1.18
Mar 17, 2017 $1.18
Mar 24, 2017 $1.18
Mar 31, 2017 $1.18
Apr 7, 2017 $1.18
Apr 14, 2017 $1.18
Apr 21, 2017 $1.18
Apr 28, 2017 $1.18
May 5, 2017 $1.18
May 12, 2017 $1.18
May 19, 2017 $1.18
May 26, 2017 $1.18
Jun 2, 2017 $1.18
Jun 9, 2017 $1.18
Jun 16, 2017 $1.18
Jun 23, 2017 $1.18
Jun 30, 2017 $1.18
Jul 7, 2017 $1.18
Jul 14, 2017 $1.18
Jul 21, 2017 $1.18
Jul 28, 2017 $1.18
Aug 4, 2017 $1.18
Aug 11, 2017 $1.18
Aug 18, 2017 $1.18
Aug 25, 2017 $1.18
Sep 1, 2017 $1.18
Sep 8, 2017 $1.18
Sep 15, 2017 $1.18
Sep 22, 2017 $1.18
Sep 29, 2017 $1.18
Oct 6, 2017 $1.18
Oct 13, 2017 $1.18
Oct 20, 2017 $1.18
Oct 27, 2017 $1.18
Nov 3, 2017 $1.18
Nov 9, 2017 $0.34

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