Purchasing generator for my cybercafé
Jailos
Mazabuka, Zambia
100% repaid
Entrepreneur
Name
Jailos
Member since
August 2016
On-time repayments
231 installments • 72%
About Me
i grew up to the age of 16years at the farm,the only thing i remember about my childhood is that i loved swimming and go hunting.I was raised by my grand parents,I completed my secondary education in 2008 I never had a chance to go to college because no one could pay for my fees.i started my small business in 2012 I raised the capital by working at a petrol station.i started with 1 computer where i used to do my graphic designing but now i have 4 computers and i have an internet connection for people to browse the internet
My Business
My business comprises of photocopying, printing and Internet Cafe,graphic designing,photo printing.
these service are important because am located in CBD and they are alot of goverment offices which need documentation and printing of office documents.
i chose this kind of business because i had a little capital and i needed only invest once
so the computer i bought was the capital asset.
my monthly costs include rent for the premises,salary for my employee and other utility bills. the profit from my business I invest it in my education to pay for tution fees,examinations and yearly subscription.
Loan Proposal
since our country depends on hydro electricity ,and for the past rainy season we did not receive a fair share of the rainfall.Our main electricity company introduced a schedule for loading which affects my business negatively ,as i depend on electricity to run my business.
full cost of the generator= $561.50
runnining costs including transportion=$50.8
Total =$612.3
this means i need to find another source $309.2
Income Source
in our nation there is a mandatory wearing of face masks , and hand washing for every one who is in a public place , as a business we trying by all means to stay safe from the virus ,we are also exercising social distance.this will keep our business running
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Loan Info
Project Type
Classic Loan
Disbursed amount
$484.00
Date disbursed
May 7, 2020
Repayment status
On Time
Projected term
15 months
Other loans
Lenders
Devon, United Kingdom
Houston, United States
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Treesforpeople Nov 23, 2018
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