Project final phase upgrade

Humphrey

Gakobu Village, Kenya

68% repaid

Entrepreneur

Name

Humphrey

Member since

October 2014

On-time repayments

139 installments  •  27%

About Me

I am 29 years old, single parent with one child. Professionally i am an accountant, Cyber attendant. I finished high school, and later joined College for the accounting course, but due to financial strains and parental duties. i have been on and off classes and examinations, i have managed to reach CPA 3 which i an currently pursuing, through the profits i have been getting through my business (cyber cafe) which started as a Computer services business (printing, typing, photocopy etc) an later managed to upgrade to a Cyber cafe' with 8 Pentium III computer since 2010, lately an the computer have become to slow for the demand of the fast computer and quick services for urgent clients, the good thing a bout the area i am in is that there is a vast and big number of clients around because the area where the business is located in the Central Business District (CBD) - Nairobi and near a major bus terminal, i would need the loan to add new and fast Pentium IV computers, that would be fast, and quick for the new customer and loyal number of customers i have managed to attract so far. On the weekends love watching movies and spending time with my young son.

My Business

I have a cyber business, that is located at the CBD - Nairobi, dealing with Cyber services, typing, printing, lamination, design. due to technology these services are useful and on demand especially to the vast number of client, and services demanded by client and new customers, e.g. Document printing, paper work, photocopy, Cv's for the people seeking employment, Wedding cards. i choose this king of business because of the never ending demand for the services, eg. printing and photocopy is required regularly by students, wedding cards for people still get married, and cyber for people seeking job opportunity through the internet. my typical cost for the business monthly 35,000/= (including rent, electricity, and materials) and the revenues being 50,000/= -60,000/= monthly, the profit i use it to pay for my young son's upkeep, my rent, food, transport, and Tuition if the the month is good. currently i just added a new CPU machine and the client are happy and shows a lot of promise if i add new and more machines.

Loan Proposal

with the loan i intend to buy the remaining computers CPUs, to have a complete set of pentium IV computers, costing at around Kshs 15,000/- each , this will make the browsing more faster and speedy, thus saving both time and money for customers and thus be able to serve a larger and great number of customers who want my services/ cyber/ browsing. this will in turn increase my earnings and income as a whole by around 15-20 percent.

Feedback

2

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$174.00

Date disbursed

Dec 3, 2015

Repayment status

Late

Projected term

22 months

Lenders

investor

Candiac, Canada

DeanDropshot

Oslo, Norway

T

ToddK

Indianapolis, IN, USA, United States

B

blahblah

Nuernberg, Germany

D

Divergent

Bethesda, United States

ads68

Melbourne, Australia

fairspirit

Utrecht, Netherlands

F

flaguy999

Tampa, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Matching Fund

Sterling, United States

mepster

San Francisco, Ca, United States

A

adamdreaming

United States

KM

Kirsty M

United Kingdom

Dave Bogard

New York, United States

MW

Matt Willis

United States

BB

Ben Bellows

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Humphrey a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Humphrey    Jan 25, 2017

    I have beem straggling to put my business back to the position it was before my sickness brake period and I has not been easy and thus the delay in the payment , but I have been putting all my effort in ensuring that I continue with my business. the upgrade has been gud and of muxh more benefit in my business because by now I would have shut down the business. as I continue with the struggle to gaim more customer and retain the remaining once, I am comfortable to the new repayment schedule as indicated. thanks and regards Humphrey

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  • Humphrey    Sep 3, 2016

    I have been ill for quite some, and during this period (3 months) i have had to leave my cousin to look after the work place, and unfortunately the place did not bring the intended income as i could have done if i was the one manning it. i believe the investment is doing good for the past months though no profits, the income cold manage to pay for the rent of the premises and few materials needed for the work place. i will be returning to work this coming week starting 5th Sept. and hope i will be able to return mt work place to it original glory and pay my remaining loan. thanks you in advance

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  • Oscar    May 9, 2016

    Hi, Lenders Kuria Had Some personally issues previously that had affected his Business but now he had put things in order and He will Continue paying his Zidisha weekly Payments On time.
    Thank you

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  • Humphrey    Mar 1, 2016

    i have been unable to pay the amount as suggested earlier reason being i have been unwell for the whole of January and February half month, i have not been able to make the required payment for i started payment for the rent and other services that had been overdue for my missing in the stated period. i would like to reduce to 400ksh for now . the investment has been good and has made a great change for my customers and my cyber

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  • Oscar    Feb 16, 2016

    Dear Lenders I Called Humphrey over the phone he told me His Business currently is not performing as he expected thus the reason why his late with Zidisha Payments but within the Month he will cheap in some Cash to boost his loan payments.
    Thank you

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  • Oscar    Dec 24, 2015

    Dear Leaders,I contact Humphrey He informed me that business was not performing well for the last three weeks that why he was late to repay the loan but he promised that he will Sattle all the arrears on Sunday, but I advice him if the amount is too high he can adjust it downward to enable him to repay the loan without straining too much and he can still make the payments without defaulting.
    Thank you

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  • Humphrey    Dec 1, 2015

    Hello lenders, thank you for giving me yet another opportunity, i intend to buy extra computers to complete the set of ten computers (pentium IV) more faster than the one i had before. this will increase the number of customer and less congestion as customers will take less time, and quicker services. i am greatly thankful to you for the loan and God bless you.

    Regards
    Ngash

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  • Humphrey    Nov 24, 2015

    With the loan i managed to purchase a machines (CPUs), the purchase have made a great significant in promoting of the cyber business in that browsing has become more quicker and faster, thus customers tend to do their own timing unlike before machine used to drag/slow little processes that now take almost no time. my earning have in creased by 10%, the increased earning i am saving to purchase more computers to complete the full set of computer needed. my family and i have managed to move to a more spacious house with some of the earning and we are doing well, at the moment we are all waiting for the pope's arrival in Kenya which we hope to attend and get his blessing,

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  • Oscar    Oct 16, 2015

    Dear Lender This Week On Monday i called Humphrey, He Said he had a difficulat Time With His Business but he will Up date His Loan Accordingly before End Month
    Thank you

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  • Humphrey    Aug 29, 2015

    i would like to adjust my repayment schedule, reason being i have not being feeling well for two month, June and July making me not give my best and this has affected my business operations, and time has really catch up on me, now as i am back, a greatfull to be well and 100% fit, would like to reduce the installment amount so as to help me repay my remaining balance on time. the CPU i managed to buy have been of great help and of great help as customers are served with ease and quick browsing and revenue has increased.

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  • Oscar    Jul 10, 2015

    Dear Lender,I made follow up with Humphrey Kuria and i expect some Changes on his Zidisha Account by The End of the week.
    Thank you
    Oscar Alochi

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  • Oscar    May 18, 2015

    Great work Humphrey.

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  • Humphrey    Apr 27, 2015

    Hi, I received Kshs 17,320/=, i intend to buy Extra CPU's , this will help i adding the number of computer and my cyber will be able to serve more customer at a go. i would like to take this opportunity to thank you my lender for giving not only me but other individual how have the idea but are not able to fulfill them, now thanks to you those ideas and dreams can be achieved. thank you ones more for making many dreams posibble

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  • Humphrey    Apr 20, 2015

    first and foremost i intend to buy extra UPS, machine so as to make the number to ten computers, this will help in accommodating a larger number of customer, increase my income and boost my profit . i am sincerely thankful for considering me and giving me another opportunity to make a difference and lift my standards and truly in the long run i intend to give back to the society. i am humbled for your love and care for people who have greater ideas but do not have the means to fund them . THANK YOU, THANK YOU

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  • Humphrey    Mar 29, 2015

    i managed to purchase two new CPU's for the cyber, the two new CPU's have have made a great difference in that i can now serve a larger number than before with easy, without complains of slowness and hanging, thus customers are satisfied and happy, my earning have increased by 15% - 17% , i am currently saving to purchase more computer to make the number to 10 computers and renovate the place to accommodate the the number. i have managed to partner with a friend and decided to create a company that with focus no errands for the busy people working in offices or do not have the time at their disposal, it will include services like, ( bill payments, registration of business names, application of children birth certificates, shop attending for the new mothers not able to do hard work or travel etc) and plans are under way to finish the registration and commence with the new company, the holiday at the time are great as people are getting ready and preparing for the Easter holidays.

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  • Humphrey    Jan 28, 2015

    i can now comfortable manage to pay or add an extra Ksh 200/= on top of the earlier stated, reason being that after purchase of an extra CPU Computer, may income per pay have raised.
    the investment has been a an added advantage on the cyber as now there is an extra and more first computer for another urgent/fast on the go customer and the rest for the ordinary not in a hurry customer.

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  • Humphrey    Jan 3, 2015

    i managed to purchase a CPU Pentium 4, a much more faster machine that the rest that i have, the new machine has become everybody's favorite machine as customers take little time doing their staff, the earning have increased a little bit by 10%, the increased earning i am saving so a to purchase new more machine to speed up customer service and time usage. last holiday Dec 25 we spend time with my parent at rural village. the neighborhood to our place have people are closed up and only meet during communal events.

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  • Humphrey    Dec 18, 2014

    photos of the new machine, and me in the cyber

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  • Humphrey    Dec 18, 2014

    I managed to purchase a new faster machine Pentium 4, 1gb rum, the computer has brought changed in that customers want to use the machine, and that the computer can accommodate complicated and heavy software. thus it has increased my earnings by 6% , i am saving my earning to purchase new machines to join in the pool of the new machine, so as customers can have a variety of computer to browse on. last week my son was baptised. my neighborhood has very closed up people who only join other in time of community activities.

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  • Oscar    Nov 2, 2014

    Hi,Humphrey your project is 100% funded please login to accept your funds.

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