New computer accesories for my cyber cafe

Peter Maina

Kitale, Kenya

100% repaid

Entrepreneur

Name

Peter Maina

Member since

December 2014

On-time repayments

249 installments  •  10%

About Me

My name is Peter Maina Ruoro.Am married and a father of one. I live in Kitale town Trans Nzoia County. I hold Diploma in Information Technology. I operate a Cyber café in the Kitale town CBD. I was initially employed as a System administrator in a company in Kitale town which was my great inspiration to starting my own business .I started this business mainly to earn a living and to be self reliant .The income I get from my business is mainly used in paying for bills,business expansion and investment.
During free time I love listening to music, reading, hiking and traveling.

My Business

My Cyber café business is located in Kitale town it deals with internet services, printing, photocopy services, and sales of computer accessories. My business generates good income in a day, which enables me to pay my assistant who we work together, rent, electricity, and other bills. I need to add more stock i.e photocopy papers,flash disks and ink cartridge i have ten computers am operating with and through this I will increase my daily income to a great deal.I also deal with software installation which add to my daily income.

Loan Proposal

Am requesting for a loan to enable me purchase photocopying papers, 8gb flash disk , and Deskjet 2050 printer cartage which i will assist me in printing .
Since schools are reopening in January am expecting more work especially photocopying and printing hence more profit .
Through this loan it will help me expand my business. I except to increase my profit by 50% .
My proposed budget is a follows:-

flash disk @ KES 1,500
Printing Papers @ KES 500 per ream x10 = 5000
cartridge @ KES 1,500

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.16

Date disbursed

Jan 6, 2015

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Lender interest: $100.16 at 8.40% annual rate over 2 months = $1.73

Service fee: $0.76

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