Purchase of epson printer

Victor

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Victor

Member since

December 2014

On-time repayments

258 installments  •  55%

About Me

My name is victor an IT graduate, after school i started a cyber cafe business to keep me busy as I searched for a job. Through luck i was introduced to zidisha by a friend. Am grateful to be part of Zidisha family as large because it has seen my business grow to a level I didn't expect. During my free time I love reading a lot and watching football

My Business

I'm the owner of Avicom cyber cafe business in Nakuru. The goods and services that i offer include internet services, photocopy, printing, lamination, scanning, lamination, computer repair and maintenance. There is always the demand for internet, printing and computer services. This is due to the technological advancement throughout the world. Customers prefer my products and services due to the fact that i offer the fastest internet access services at a cheap price as compared to my competitors. The business is profitable because it is diverse and offers different products and services which in turn boosts sales revenues. The risks my business face is inflation, insecurity and the increasing demand of smart phones which supplement a certain percentage of the customer internet usage. On average, the business operations and recurrent costs are at $ 500 with a monthly sales revenue of between $300-$450. Profit margins are at $250-$350.

Loan Proposal

i operate acyber café which deals with printing and photocopy business at Nakuru town . My customers have made my business grow at a faster rate since most of them need clear work which i provide to them.I manage to make USD 20 which I save USD 5 for purchase of a bigger Epson printer machine. Despite the competition, i have tried to maintain quite sufficient number of customers by given them high quality services at a considarable price.i try my best to make sure that my customers are satisfied with the services i offer to them and try to be friendly to them. i would therefore request the Zidisha members to grant me a loan so that i can add on my savings and get the Epson printer to cater for the high demand.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Jan 12, 2015

Repayment status

On Time

Projected term

7 weeks

Lenders

BM

Benedicte Monroe

Sarasota// Phnom Penh, United States

MH

Meghan Hughes

United States

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Summary

Amount repaid

$50.75

Amount remaining

$0.00

Date repaid

Mar 4, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jan 25, 2015 $1.00 Jan 28, 2015 $1.00
Feb 1, 2015 $1.00 Jan 28, 2015 $0.80
Feb 1, 2015 $0.20
Feb 8, 2015 $0.81 Feb 1, 2015 $0.81
Feb 15, 2015 $11.24 Feb 8, 2015 $1.91
Feb 15, 2015 $9.33
Feb 22, 2015 $11.24 Feb 15, 2015 $1.91
Feb 23, 2015 $9.33
Mar 1, 2015 $11.24 Feb 23, 2015 $1.91
Mar 3, 2015 $3.03
Mar 4, 2015 $6.29
Mar 8, 2015 $14.24 Mar 4, 2015 $14.24

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