Stella

Kahawa Wendani, Kenya

Funds disbursed

$0 to go

100% funded of $100 goal

0

days left

Entrepreneur

Name

Stella

Member since

August 2013

On-time repayments

27 installments  •  0%

About Me

I am a twenty eight year old female Kenyan Citizen. I reside in Kahawa Wendani just next to Nakumatt Wendani House Number 9, Plot Number 12.
I am the second born in a family of four. My parents reside in Mang'u Central Kenya. I have one brother and two sisters.
I hold a Diploma in Information Technology from Hemland College in Thika.
I own a cyber cafe in Kahawa Wendani. I started my business after graduating from college in 2010. I thought to myself instead of just tarmacking without doing something, I decided to start up a cyber cafe which even the services I offer are related with what I learnt in school.
Apart from internet services, I also offer printing, photocopying, typing among others.

My Business

Stella Cyber Cafe' is located in Kahawa Wendani. I offer fast internet services. I have twelve computers including the main computer that controls the other seven.
Apart from internet services, I also offer printing, photocopying, editing, scanning services among others.
There is demand for my services because first I offer first reliable internet services. I use so far the best internet service provider in the country which is very fast and reliable. 3G internet.
Kahawa Wendani's population is mostly young people because Kenyatta University is near, hence there is high deman for internet services. Since I offer fast and reliable services, I am able to stay on top of my competitors. The fact that I also have I.T background makes me the best suited for the job.
The risks involved in the business include power surges that could easily damage the computers and other accessories. Also, in-case of heavy downtime in the internet provider leads to customer frustration which is very sensitive.
The business is profitable as its strategically placed. Also, the fact that we now live in a growing country, there is more and more demand for internet services.
In a month, on the lower scale I have a profit of Ksh. 15000 but on a good business month I can make as much as 20,000 to 30,000.

Loan Proposal

I will use the loan to purchase a scanner that will cost me Ksh. 3500. The scanner I had got destroyed by power surge last week and now my business has been affected.
The remaining Ksh. 4000, I will use to purchase an uninterrupted power supply for the main computer. I know prevention is better than cure and I wouldn't like the same thing that happened to the scanner to happen to the main server/computer. Also, it will enable me not to lose cash from the internet services when there is power failure.
Please accept my proposal.
Thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Aug 19, 2013

Repayment status

Late

Projected term

27 months

Lenders

davelowe100

Perryville, United States

C

chrisn

Egg, Switzerland

J

jjonas

berlin, Germany

russell

leicester, United Kingdom

mewesten

Waynesboro, United States

postnihilist

Honolulu, United States

scgtb

Sarasota, United States

W

Walter01

Kingston, Canada

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