Michael
Nairobi, Kenya
24% repaid
Name
Michael
Member since
June 2014
On-time repayments
62 installments • 15%
My names are michael obura i am 25 years of age. I am the eldest in a family of five my mother,two brothers Aloo and Methan and a sister Peninah. I live with my siblings and i am the breadwinner in my family. i finished my O level (kcse) in the year 2008 and due to financial constrains i could not further my education. I started doing minial jobs to sustain my siblings and i and our mother. i would not want any of my siblings not to further their education due to finances so i decided to venture into the cyber cafe business using my savings and help from friends and family.
I am in the cyber cafe business its the business i always dreamt of since childhood because i loved computers from an early age. i offer various services in my cyber cafe that include: printing for$0.12 per page, browsing for $0.01 per minute, photocopying for $0.03 per page, typing for $0.3 per page, CD writing for $0.9 a CD, i also sell stationaries in my cyber cafe books, pens, staple pins, envelopes, rulers, office glue and printing papers i also sell blank CD and DVDs. from my business i get a regular income of $400 a month when business is good and on bad days $330 a month. I dont have a binding machine abd a laminating machine which i know if i buy they would supplement my income.
I own a cyber cafe which is not fully furnished when i get this loan i will be able to purchase a binding machine and a laminating machine this will enable me to print my customers books and bind them instead of referring them to another cyber cafe for binding after printing this makes them to opt to just go to the other cyber cafe for both than come to mine to later be referred elsewhere for binding. I will also be able to laminate documents for my customers who have been asking me for this service for quite sometime now with these two machine additions to my cyber cafe my business will not only have expanded but my income too would have increased and with an increase in income means my family will have minimal if not any financial problems there will be smiles all over the faces of my family members. i imploy the lenders of zidisha to fund me to be able to enhance my business, my income and put smiles on my family`s faces. this loan will enable me to compete adequately with other cybercafes in terms of business. Thank you in advance
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Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Jul 21, 2014
Repayment status
Late
Projected term
15 months
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