Muthama's cybercafé

Amos Muthama

Kiu In Makindu Of Makueni Country, Kenya

100% repaid

Entrepreneur

Name

Amos Muthama

On-time repayments

93 weekly installments  •  99%

About Me

I am professionally a meteorologist,schooled at makueni boys,went to university of NAIROBI...I did meteorology as I first degree in university of NAIROBI.....later masters in physics while attached with institute for meteorological training and research Iam currently working at the jomo kenyatta international airport as a meteorologist for air traffic còntrol.Iam also a businessman with a shop at makindu,for food items and Iam also land lord...apart of this shop business,your money has helped to set up a cybercafe attached with the shop.

My Business

I have a salary from my employer every month of 100,000,rental houses of 40,000 per month and business shop gives an everage of 35,000 per month.Thank tremendously for your money which has enabled to launch another project of cybercafe alongside with the shop which is just beginning but I need more money to buy equipments and that is why I came to you again for help....can you please grant me a loan urgently and God will bless you greatly so that I can have more capital for the equipments for cybercafe.

Loan Proposal

I will increase highly my shop items and also extend my shop with a cyber section to create more business opportunities.I will also start buying other cyber equipment by slow monthly instalments to enlarge my business.

Income Source

Iam also a civil servant in kenya earning more than 35,000 kshs every month after all deductions have been made.I also have rental houses giving me 40,000 kshs every month when my wife is earning more than 40,000 kshs when she is also a civil servant(a nurse in makindu district hospital).

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Loan Info

Disbursed amount

$754.04

Date disbursed

May 31, 2020

Repayment status

On Time

Projected term

4 months

Cost to entrepreneur

Service fee: 10% of $754.04 = $67.79

Credit risk payment: $101.69

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