Mini tower cpu

Entrepreneur

About Me

I come from a family with a very humble economic background and therefore I have known hardship from the days of my childhood. I have experience in different fields, including having been a full time and the only pastor of a local church for about two years, teaching in a secondary school for over five years and working as a relationship officer in a local micro-finance bank for about four years.
All along, my dream has been to start a business that I would grow to something reliable in terms of income generation.
Over the time I attempted to do several businesses, but eventually settled on a Cyber Cafe' business, which I have been running for almost a year now. I decided to resign from my job at the micro-finance bank early this year so as to manage the business closely. With my full-time involvement in the business, I introduced Lands and Estate Agency and I also do brokering on General Insurance policies.
I come from a cosmopolitan town which is also frequently visited by both local and international tourists and therefore does not have any unique culture.
I have one toddler boy child who can hardly express himself for now. He means the world to me and cannot wait for the time he will become of age to start telling me about his dreams.
I don't have any peculiar habit I can call a hobby, but at least I enjoy traveling and making new friends.

My Business

From my explanation above, the business is largely service oriented. I chose this kind of business intentionally, first because of the growing demand for the services, but also due to its flexibility. On average I get about US$300 a month from the Cyber Cafe' at the moment, which I expect to grow to at least US$450 a month by the end of this year. I also get about US$150 per month from the other business activities at the moment and expect the same to have grown to at least US$ 300 by the end of this year.
The cost of revenue is currently about US$200 per month which is manageable.
I currently plough back most of the profit to improve on the facilities at the Cyber Cafe' and also as float for the rent collection segment.

Loan Proposal

I intend to use the loan to purchase a Mini Tower CPU to be used in my Cyber Cafe. The CPU will cost about US$70, which is close to the loan amount I am borrowing. The same will be used as the control computer to increase efficiency in service delivery as the ordinary CPU I have been using hangs a lot hence poor service delivery. I believe through the acquisition of the CPU I will be able to make at least extra US$5 a day, over and above my regular income from the Cyber Cafe.

Feedback

Loan Info

Lenders