Loan for purchase of stock for my cybercafe

Carolyne

Nairobi, Kahawa Wendani, Kenya

100% repaid

Entrepreneur

Name

Carolyne

Member since

March 2015

On-time repayments

92 installments  •  41%

About Me

I am a Kenyan lady who is very industrious and very committed to my work. I strive excel in everything I put my mind to. I am a perfectionist when dealing with my work and I always put my customers needs first.

I am neat and organized and always deliver good results within the stipulated amount of time.

My Business

Leonaige Cyber Cafe is located in a quiet location in Kahawa Wendani where clients can chill and work in a comfortable environment without disturbances.

We offer high quality internet services and other services like typesetting, photocopy, scanning of documents, drafting of official documents among others. We also do computer maintenance and offer internet at home services which include installation and supply all at very affordable prices.

At Leonaige, our clients come first and we strive to provide the best quality services this side of the Country.

Loan Proposal

Kshs. 17,000 can enable me purchase stock for my Cybercafe. I would like to purchase Reams of Printing and photocopy paper. One ream goes for Kshs. 340 at wholesale proce. A box of 5 reams will therefore cost Kshs.1700. I would like to purchase at least five cartons both for use and resale to clients costing approximately Kshs. 8500
I would also like to purchase Envelopes. A bunch consisting 50 A4 envelopes costs me Kshs. 150. A bunch consisting of 50 A5 envelopes costs Kshs. 80 while a bunch of 50 B4 envelopes costs me Kshs. 160. I would like to purchase A4 envelopes both for use at the cyber to package customer materials and also for resale to clients.
5 Bunches of each would cost me approximately
A4 - 150 x 5 = 750
A5 - 80 x 5 = 400
B4 - 160 x 5 = 800
Total = 1950

I do spiral binding for proposals and large documents.
Spirals cost differently depending on their sizes. The ideal number of spirals to run for about two months would cost me at least Kshs. 1000/-
The binding films and embossed papers cost 750 per packet consisting of 50 films and 50 embossed papers. 5 complete sets would cost me approximately Kshs. 3800.

I use at least 1 Hp toner every two months. A Hp toner with two extra drums will cost me at least Kshs. 1900 with every extra drum costing Kshs. 300 giving a total of Kshs. 2500

That rounds up to about Kshs. 16800 which would reduce my monthly expenses by at least half.

This loan would be a welcome advantage for my Cybercafe. I therefore appeal to my lenders to consider my loan application. Thank you.

Feedback

3

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$187.00

Date disbursed

Jun 12, 2015

Repayment status

On Time

Projected term

3 months

Lenders

W

winfried

Seoul, Republic of Korea

johnandmoliehi

Canton, New York, United States

Zidisha

Sterling, United States

A

anonymous123

United States

SeeMeeFi

Ontario, Canada

Landei

Sandersdorf-Brehna, Germany

Ellwood

Richelieu, France

Paul and Rachel

London, United Kingdom

jimmycarterforever

Missoula, United States

C

cardiff

Falls Church, United States

M

marcmesich

Kaohsiung, Taiwan

O

OrientExpress

Tokyo, Japan

Z

zvrk2014

Brookline, MA, United States

Romojo

Paraparaumu, New Zealand

D

Donh419

United States

S

Samhall8

Brandon, Canada

ToniMaree22

New Zealand

J

jsbisa

New Orleans, Louisiana, United States

V

vbud

United States

C

cha1mers

United States

B

Bennphoto

United Kingdom

Heiko

Haan, Germany

TM

Theo Mbise

Switzerland

rjb

Phnom Penh, Cambodia, United Kingdom

V

Vanessa

Gold Coast, Australia

DF

Daniel Fehr-Krahn

Winnipeg, Canada

A

Antonio

United States

BB

Ben Bellows

United States

PM

Pedro Moreira

Braga, Portugal

DC

Dan Crosby

United States

R

Rembrandt

United Kingdom

M

Mart

United Kingdom

R

Ryan

United States

Ask Carolyne a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Carolyne    Oct 4, 2023

    I would like to clear the arrears slowly rather than all at once.

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  • Carolyne    Jun 27, 2022

    I'd like to pay the remaning amount gradually until I am through with all arrears

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  • Carolyne    Nov 25, 2016

    Hi lenders.
    I am really sorry about my repayment record. I am still having financial trouble but I promise to clear my loan as soon as I can.

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  • Carolyne    Feb 3, 2016

    Hi. Still haven't increased my loan amount. I still have not gone back to work yet. I am recovering wonderfully from the CS and baby is 14 weeks old now.
    The tablets from the last loan have all been bought and I am hoping to acquire new ones to sell from home before I go back to work.
    Thank you, lenders. The earnings have come in handy for the period I have been staying home.

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  • Carolyne    Nov 13, 2015

    I would like to change my installment amount because am closing up shop for a while so I can recover from my Cesarean Section. The investment I made from this loan has paid off. The tablets gave me enough interest to do baby shopping and pay off some bills.
    I hope to change it back when I reopen shop in January.
    Thank you lenders for the support.

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  • Carolyne    Oct 7, 2015

    Hi Lenders,
    I am glad to say that I received my Loan of KES 36,623. I am greatful and I know this will go a long way in upgrading the status of my cyber cafe. I am making arrangements to my tablets and accessories delivered before the end of the week.

    Thank you all for the support. I promise to maintain an on-time repayment record.

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  • Carolyne    Oct 5, 2015

    I would love to thank my lenders for the faith they showed in me by funding my loan. I promise to maintain a 100% on time repayment record. With this loan I shall be able to purchase Wi-Fi tablets for resale. The profits would come in handy in expansion of the cyber cafe to include accessories.

    THANK YOU

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  • Carolyne    Oct 5, 2015

    Hi lenders.
    There's only 13 hours left till the period to fund my loan expires. I kindly appeal to all of you to help get me funded on time. I would really like to get the tablets so I can meet the order deadlines on time.
    It would also be really convenient if I get them delivered before I leave for maternity leave next week.

    Thank you once again for believing in me.

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  • Carolyne    Oct 2, 2015

    I found the tablets that I am going to get when my loan is finally funded.
    I would like to thank the lenders who have already lent me a hand and also urge other lenders to help fund my loan in the three days left.
    Thank you.

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  • Carolyne    Sep 21, 2015

    I have successfully completed paying my last loan despite the challenges I faced. However, I can honestly say that I am looking forward to the results of my investment. With the profit from the stock I purchased, I have managed to upgrade my computer accessories to up to date keyboards and computer mouses.

    I have also managed to get a bigger shop and I hope I can manage to fill the extra space with more computers and hopefully purchase computer accessories for resale.

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  • Carolyne    Aug 28, 2015

    Hi lenders!

    I am almost through repaying my loan and I am happy about the outcome and the effect it has had on my cyber cafe. Business is doing better and repaying bills is getting easier.

    I would once again want to thank you all for having faith in me and helping me out. I really appreciate it.

    Great weekend to all of you.

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  • Carolyne    Jul 30, 2015

    Hallo lenders,

    I would like to thank you once again for helping me out. The current loan am repaying has really gone a long way in boosting my business. I bought the stock I needed for resale and I must say, the results are incredible. I am saving much more now than I did before and I look forward to my next project.

    Thank you and have a beautiful day.

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  • Carolyne    Jun 13, 2015

    Hi

    I would like to notify my lenders that I have received my loan of 17,813. With this, I will be able to purchase stock as previously planned.

    I would also like to thank you all for the help and I promise to put the same dedication in repaying this loan.

    Thank you

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  • Carolyne    Jun 11, 2015

    Hi,

    I would like to thank my lenders for funding my loan. It couldn't have come a better a time. It will really help me in purchasing of stock for the cafe. First I will buy a new toner as the one I am using currently isn't printing very clearly. Then, I will reams, envelopes and Binding materials.

    I do hope that I will maintain my repayment record even this time around.

    Again thank you. I really appreciate the help.

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  • Carolyne    Jun 1, 2015

    I have successfully completed paying my first loan. I was able to purchase a 17 inch monitor for one of my desktops. It has boosted by earnings considerably since the one monitor alone can earn at least 100 Kenyan shillings a day.

    I hope that with my next loan I will be able to add the monitors and cpus.

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  • Carolyne    May 7, 2015

    I am repaying my first loan and I can see the effect of the the extra monitor on my daily income. I hope to complete this payment so I can acquire another loan to purchase a complete unit this time. Monitor and processor.

    I thank my lenders once again.

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  • Carolyne    Apr 20, 2015

    I am glad to inform you that I received my loan an Friday evening. I apologize for delay in updating you. I had a little bit of trouble with my internet connection. I received a total loan of 8921. After the reduction of the registration fee, I was left with 5921 which enabled me purchase a 17" Lenovo TFT Screen for one of my computers.

    I am grateful to my lenders for this wonderful gesture. Thank you again

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