Laser jet printer for my cybercafe

Paul

Maaimahiu, Kenya

100% repaid

Entrepreneur

Name

Paul

Member since

December 2014

On-time repayments

136 installments  •  18%

About Me

Am Paul Kiratu from Maaimahiu town Naivasha Sub county Nakuru county in Kenya.I was born at Limuru town Kiambu county and schooled at Manguo Primary school and later Ngenia high school where I sat for my o level exams. After school I came to Maaimahiu to look for casual jobs as a work hand at a construction site. by saving a little of my wages I bought my first computer. I started the job in 2011 and I have seen it grow up to now. Am married and a father of two kids, one aged six and the other two. I feed them from my job.

My Business

I run a cybercafe at Maaimahiu town which offers several services like photocopy, typesetting, lamination, internet among other services. I opened the cyber four years ago. I started with one computer and a desk jet printer. currently I have three computers and two laser jet printers, one which I bought with my first loan. I also have two chairs and a bench which are used by the customers. I started this job since I saw need and gaps in the industry within the town. I did not have prior computer knowledge but I learnt by practice and can now handle almost all computer tasks. I make about 8 dollars a day, and about 240 dollars per month. I will use these proceeds to repay the loan.

Loan Proposal

I have three computers and one laser jet printer. Since I started using a laser jet printer, I have seen it economical and fast. The machine can scan, print and photocopy documents. If advanced the credit facility, I will buy another laser jet printer so that I can serve several customers at a go. The printer is going at 180 dollars. I will add some of my savings and acquire one. With two printers, I will be sure that even if one breaks, my business will still run. I will be more efficient and increase my customer base. This will eventually translate to better proceeds.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Dec 24, 2014

Repayment status

On Time

Projected term

4 months

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