Jay blessings

Ferdinand

Mombasa- Leisure, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Ferdinand

Member since

August 2014

On-time repayments

222 installments • 34%

About Me

I am Ferdinand Juma, am the only member in Our family.
I live in the Mombasa Kisauni area Mlaleo. i was born and raised at Gem Constituency. I went through primary level of education and later joined a high school up to form four where I completed my studies before venturing into business.
I started business so as to increase my income and also i found it interesting being self employed and at the same time a businessman. I started by owning a cyber Cafe i then started mpesa transactions and also selling of fresh water. Am always ready to assist and holidays like Past Easter my friends and i visited Watoto wa Mola Children home, we donated clothes, food and playing toys to them. it was a memorable day taking photos with them.

My Business

As You all Understand i Used my last loan applying that i ventured into Car Wash business, The business picked on Well and has enabled me to pay my Loan in full and even i have some savings, i now want to to invest in a cyber cafe, I apply for a loan of USD 914. I will Use USD 600 to buy 6 CPU AND 6 MONITORS. I will use USD 100 to renovate the shop by putting the tables, I will Use USD 50 To buy Plastic Chairs, I will use to USD 100 To pay rent and Deposit. I will Use USD 50 For connection of Fiber the high Internet Connection. The services i offer are in HIGH DEMAND being that Technology is taking people far. I will Use the Profits part of in school because right now i have evening Classes and part of it
i will reinvest. I have Mpesa shop and also the Car Wash itself, I will Combine Their profit to enable me pay My Loan in Time. My free time i like visiting Children's home to share with them whatever i have.

Loan Proposal

When I get this loan,it will help me improve on my projects in the following ways;,buying of a fridge estimated at 100 dollars, buying of empty crates and bottles estimated at 20 dollars and buying of sodas, cakes and other soft drinks like mineral water and juices estimated at 60 dollars. Am happy that through this small loan I will be able to see some of the followings the returns the loan will create; improved quality services that will help me get my reruns, the expected benefit is likely to shoot up especially when my customers for browsing realize that the can get something to bite while doing the work. The returns will then help expand my shop by increasing the number computers so as to enable me start a computer classes and computer games for kids during holidays.
I should be supported because I can't afford single handedly to meet full financial requirements for the project, this is attributed to the high standard of living in my country especially around Mombasa where my business is located.