Two computers to expand cyber cafe business
Gabriel
Kakamega, Kenya
9% repaid
Entrepreneur
Name
Gabriel
Member since
October 2015
On-time repayments
41 installments • 51%
About Me
I was born in Busia in the western part of Kenya. I am the first born in a family of seven. I grew up and went to school in Busia. Being the first born in a family of seven has always been very challenging. My father passed on when I was in high school and that left my mother to take care of us. I was at times forced to skip class so that I could accompany her in her casual jobs so that we could get food on the table.
Having gone through this, I got the motivation to get into business so that I could support my family. After high school, I got employed as a cyber cafe assistant, a position that I held for two years. As I was working at the cyber, I saved [money] with a lot of discipline because I had developed the urge to open my own cyber cafe. After the two years of service, I had saved enough to help me buy five computers, with which I set up a small cyber cafe that has been growing gradually.
I'm married with two kids (twins) aged three.
I love watching football, swimming, and spending time with the less fortunate in society.
My Business
I started my cyber cafe in February 2013 with five computers. I offer internet services, typesetting and printing. Internet connectivity has over time become necessary in many day-to-day activities. This has pushed the demand for my services high, hence the need to increase my capacity in terms of computers in the cyber.
I have one assistant whom I pay 8,000 KES ($80 USD) per month. I pay rent of 4,000 KES ($40 USD). On average, I make a profit of 33,000 KES per month ($325 USD).
I distribute my earnings towards supporting my mum in paying school fees for my siblings, buying food and other necessities at home. I reserve some savings that I always use to improve my business.
Loan Proposal
Lenders, I am come for you to help me raise money I need for two computers in my cybercafe. I appreciate your work, for you helped me by [funding my] first loan and here again I come for to help me raise $410 for the two computers I need in my cyber.
About Me
I was born in busia in western part of Kenya.I am a first born in a family of seven. I grew up and went to school in Busia. Being the first born in a family of seven has always been very challenging. My father passed on when i was in high school and that left my mother to take care of us. I was at times forced to skip class so that i could accompany her in her cassual jobs so that we could get food on the table.
Having gone through this, i always got the motivation to get into business so that i could support my family. after high school, i got employed as a cyber cafe assistant, a position that i held for two years. As i was working at the cyber, i save with alot of discipline because i had developed the urge to open my own cyber cafe. After the two years of service, had saved enough to help me buy five computers with which i set up a small cyber cafe that has been growing gradually.
Im married with two kids (twins) aged three.
Ilove watching football, swimming and spending time with the less fortunate in the society.
My Business
I started my cyber cafe in february 2013 with five computers. i offer internet services, typesetting and printing. Internet connectivity has over time become necessary in many day to day activities. this has pushed the demand for my services high hence the need to increase my capacity in terms of computers in the cyber.
i have one assistant whom i pay 8,000 KES per month. i pay rent of 4000Kes. On average, i make a profit of 33,000KES per month.
I distribute my earnings towards supporting my mum in paying school fees for my sibling, buying food and other nesecessities at home. I reserve some savings that i always use to improve my business
Loan Proposal
Lenders am come for you to help me raise money I need for two computers in my cybercafe. I appreciate you work for you helped me by first loan and here again comes for to help me raise $410 for the two computers I need in my cyber.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$363.00
Date disbursed
Mar 29, 2016
Repayment status
Late
Projected term
61 months
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