New shop

Francis

Nairobi, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Francis

Member since

August 2016

On-time repayments

144 installments • 60%

About Me

I am the last born of 6 children. I have a wife and a beautiful daughter. My parents have both retired in the village and they depend on us to sustain them. I have a bachelors degree in information technology. After 5 years of looking for work and failing, i decided to open a small shop next to a college in my area. I focused on offering photocopying, printing and typing services to the college students. I started 2 years ago and now the business has grown in leaps and bounds. Through hard work and dedication, i hope 2018 will be even better for me. When i am not at work, i spend alot of time with my family, watch movies in the house and read novels.

My Business

I have a Shop offering Cyber, Copy and Printing Services. Apart form this, i also bind special reports that need to be bound and collated, Scan and Laminate documents. The secret to succeeding in this business lies in diversification. In future, i wish to open an online business and run an eCommerce store using my cyber cafe as my physical address.
An average of total revenue per month is $500. With the profit, i am able to pay for my business rent and re invest in the business, house rent and general house expenses.

Loan Proposal

Hi guys,
I wish to add shelves and partitions to my new shop before adding stock.
5 Shelves plus fittings $50, Computer desk $20, 8metres by 8 metres plastic carpet $15. Painting and vanish $18. Security lock: $20. It totals to $123.
I will add stock with the profit i have saved from my current shop.
I will also need to employ someone to look after the shop. I will keep you updated of the progress.