Entrepreneur
Name
James
Member since
August 2016
On-time repayments
44 installments • 64%
About Me
i am james suge , a computer science graduate from Moi university in Kenya. after graduation i started a printing and cyber cafe venture in town in Rift Valley, Kenya. Eldoret town is an emerging business town with lots of colleges around. hence there is a huge business opportunity in establishing cyber cafe where students can come and access the internet and do their research and do business.
My Business
the main business venture capitalizes on the unavailability of internet service and printing business. The main source of income is through printing and offering internet service to students and general public around Eldoret town. in a good month we can make a profit of KSH100, 000 and the running cost including rent is Ksh30000. The profit realized is ploughed back to the business and the remaining money is used for the day today cost of living
Loan Proposal
i would like to use the loan for buying the printing papers, because a lot of clients usually
print alot. one printing paper rim cost $4. of which when you print one rim you make a profit of $4. the cybercafe is located in town and many of the clients are students because they do a lot of research i usually run out of printing papers. if i buy at least 3 rims it will give me a kick start for my business.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$18.00
Date disbursed
Mar 22, 2017
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
United States
United Kingdom
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Helen Horseman May 8, 2017
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