Teresiah
Nairobi, Kenya
100% repaid
Name
Teresiah
Member since
January 2015
On-time repayments
252 installments • 19%
my names are teresia wambugu am part of a family of five i lost my parents when i was in class one i got a elder sister and a young brother i went to Ecclesiastes primary school in kangemi where i was living in a children's home before being adopted by pastor kahora and transferred to manguo primary school in kiambu county ,the pastor is now my dad and i joined steph joy high school ,when i was in high school i got a sponsorship program and could get funds from cdf so i saved 50 thousand shillings which i used to start a cyber business because i always wanted to do something of my own so that people would stop saying am a adopted child ,when my sponsor so this she helped buy four computers for me and the cyber grew to what it is today ,i want to support my younger brother who wants to become a doctor in future i like travel ling dancing and swimming along side social media.
my cyber business is a small cafe situated in limuru town with 5 computers one i use as a server and the rest for users to surf,i offer intern ate services computer games and photocopy services due to customers demand and advanced technology,i chose this business due to passion in computers and games i spent 50 thousand shillings to set up the network rent the cafe and buy two computer,i make a a average of 7000shs a week that's 2800ksh a mount first i pay my self 5000 for buying clothing then i save 5000ksh in my savings account and send 5000ksh for my brothers fees and basic needs and the rest i use on my daily expenses pay rent for the cafe buy printing papers buy printing ink for my printer ,most people like to use the intern ate and lots of students come to take photos in my cafe the business is booming and i believe in the next two years i will have manage to set another cafe in a different location.
if i get this loan i will sum it with a saving of 100$ make it 200$ and use 150$ to set up another network system that is fast and reliable compared to the one am currently using, ill use 20$ to buy printing papers and 15$ to buy empty disks and the other 15$ ill use to paint and renovate my cafe,if the network becomes fast then customers will have a reliable place for surfing and i will be able to maintain my customer thus make double profits which i will use to pay the loan and set up another cyber in future.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jan 16, 2015
Repayment status
On Time
Projected term
8 weeks
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