New computer accesssories to expand my cybercafe
Richard
Msabaha, Kenya
100% repaid
Entrepreneur
Name
Richard
Member since
May 2015
On-time repayments
303 installments • 46%
About Me
my childhood schooling has been embroiled with a lot of difficulties not until 1996 when my uncle supported me from primary school to secondary school in 2006. in 2009 i joined university albeit with a lot of financial hardships. i pursued a four year course in bachelor of commerce until my second year when i could not raise the fees for my continuity. in 2011 i dropped out of university and returned home with no one to support me. later on in early 2012, i involved myself in farming activities to raise funds to continue with my studies but could not. in may 2012, i got a job as school a secondary school teacher on part time basis. the job could not support me to continue with my studies as the payment was very meager and could not sustain me.
in 2013, i quit the teaching job and joined the tourism industry as a cashier at a casino. it was at this point which served as the t6urning point of my life. i got a sponsor who promised to support me in my studies. in may 2014, i joined college and am currently pursuing g my degree course in my second year at mt. Kenya university and I completed in 2017.
I started my business in the year 2014, when i quit my job as cashier at casino and decided to pursue my course. i used the little savings i had to start a small barber shop in my home area. later on, through the support of my sponsor, i acquired two computers to start a photocopy shop. currently have expanded my photocopy shop a into a cyber cafe. I now wish to blend it with a bookshop for both primary and secondary school materials.
The people in my area are predominantly peasants with low sources of incomes which renders them to live less than a dollar a day.
Currently I am married with one kid. I would love my kid to attain the highest level of education in the University.
I am an avid reader and a football fanatic. I normally relax watching football at my video hall with friends. I like having fun at the pristine beaches of Malindi.
My Business
I provide computers services where i do the following:
i) typesetting
ii) printing(photo)
iii) scanning and photocopying
iv) internet services
v) Mpesa services
vi) Stationery
they are very useful because i reside nearby a primary and secondary school which is my ready market. I chose it to bridge the demand gap of these services in my locality. i am also a computer enthusiast where i would like to transfer the computer skills to my community where I am already offering computer courses at a cheaper cost.
My typical costs are electricity expenses, wages for the computer operator and materials overheads. The main source of revenue is photo printing and photocopying & Internet services.
I use my profits for re-investment and support myself in my studies and family upkeep.
Loan Proposal
i would purchase some computer accessories as follows:
>modem @11 dollars
>Wi-fi equipment @33 dollars for internet connection
>CPU @66 dollars
it will enable me expand my business and offer more and quality services to my customers.
i expect my profits to increase ten fold as i will provide more services at affordable price hence increasing my revenues in general.
My Videos
Apr 20, 2021: My business
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jun 1, 2015
Repayment status
On Time
Projected term
4 months
Lenders
United States
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