Purchase of new photocopier cum printer machine and chairs
Alex
Nairobi, Kenya
46% repaid
Entrepreneur
Name
Alex
Member since
May 2015
On-time repayments
173 installments • 10%
About Me
I was born in the year 1987 september .I was raised bjy a single mum since my dad died while i was a little boy of 3 months old.started my primary education in the year 1994 in standard 1and cleared my standard eight exams in the year 2001.later joined secondary in the year 2002 and finished form four in the year 2005.I passed my exams with a good grade but due to the financial constraints in our family i didnt enroll into any college for further studies so i had to look for a way to survive and help myself because i had no one to take care of me .i looked for a job in a cyber as a cleaner cum messanger whereby i got that job and i worked for 1 year .while working at the cyber i learnt how to operate the computers and the programs hence i developed an interest and i started working hard towards setting up my own cyber cafe.i saved some money and partnered with a friend and we started our own cyber cafe.i have one daughter who is 5 years old i would like for her to grow up to be a successful business woman in the future .my past time hobby is playing football and am a big fun of manchester united football club.
My Business
i run a cyber cafe business which provides internet services to customers and also photocopy services.These services are very important putting in mind that we are living in digital era hence most of the tasks we carry out everyday are digitalised hence the internet is a very important tool.the cyber brings in reveneue from the clients who use the internet at the cyber and pay for it also the photocopier machine generates income from the photocopy services.The profits accumulated are used to add more inventories to the business and pay off petty expenses incured in the business also the profits i use them for the upkeep of my family ie paying school fees and house rent.
Loan Proposal
am planning to diversify my cyber business by purchasing an extra photocopier cum printer machine due to increased demand from my clients hence i want to purchase a HP EPSON photocopier machine worth KES 16500 and also i want to create more sitting spaces by adding more plastic seats in the cyber and the cost of one chair is KES 600 hence i will add 5 more seats .this is my plan for the loan. By adding this photocopier machine the business will generate more income from its services. Hence it will improve my living standards and create a pool of satisfied customers.It will create an extra income of around KES 400 per day.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$191.00
Date disbursed
Aug 28, 2015
Repayment status
Late
Projected term
39 months
Other loans
Lenders
Berlin, Germany
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