I would like to expand my business,by adding in more stock.buying new computers and putting up mobile banking service

Entrepreneur

About Me

I am a hardworking young man who has seen business has potential of much growth. I started Business in 2010 after getting a loan. I ventured into cyber café business because there was no one who had started the business of a cyber around the area. My earnings are spent in buy stock for my business that is stationeries, toners, papers and accessories. Also to repair my machine when it breaks down.

My Business

I run a cyber cafe next to a college where the student fraternity is very high therefore i decided to venture into this business. They prefer my business because i am reliable and do their work on time,good customer care,and good customer relations and open early and close late in the evening and sometimes when the need is high i can work into the wee hours of the morning.
The risk is when the machine breaks down and when the power go off. My monthly costs are papers 2110 toner 2500 electricity 5625 stationary 13550 my sales revenue 35210 and my profit is 11425

Loan Proposal

I will buy computers to enable me service the students well.since am next to the Catholic University of Eastern Africa and the service here are scarce.I will buy headphones and put webcam so that when the students come to my cyber can enjoy this service.I also want to upgrade my cyber to take skype buy some gadgets to enable it to work well.
Being next to the Hostel i will capture more students in my cyber because security here is guaranteed and they can work more hours,because i also live next to my shop.
The mobile banking will also enable the college students to ease the time they go to the bank this will be a viable project.The demand for the mobile banking has been enormous because the college students really need this facility, they come to my cyber every time asking for it thus making me know that there is a lot of market.

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