Purchase one computer for my cyber cafe

Japhet

Embakasi, Kenya

100% repaid

Entrepreneur

Name

Japhet

Member since

September 2016

On-time repayments

64 installments  •  67%

About Me

I grew up in Aunt's place since my mother was a single mother and passed on when I was in class 6. My Ant was so helpful to me that he supported me through primary school and later secondary school despite the challenges of missing classes because of school fees .
I remember when I was in form four I missed to register for exams because I had no money to do so, My aunt advised me to be patient as she was looking for money to get me registered. I had to repeat in form four and that is when I was able to complete my form four exam.
I started my business 6months ago through my cousin who took me to a computer college and later bought me one computer which am using at the moment.
Here in Kenya there is quite alot to enjoy, like different cultures and also the coastal region.
I enjoy helping people where I can.
I am not married yet

My Business

I run a small cyber cafe and sell computer consumables like photocopy papers,ink and toners.
Where am located there is only a little cyber cafe which gives me an upper hand to perform much better.
per day am able to make a profit of $6
expenses per day are: $2
am able to save &2 per day
Am buying more computers for my cyber cafe out of the profit i realize.

Loan Proposal

I will add ksh5000 from my savings account and buy one computer for my cyber cafe.
The computer will cost $100.
I wount be keeping customers on que waiting to serve one at a time. Hence they will get service very fast.
I will earn more profit now that i will be serving many customers.
I will earn a profit of up to $3 a day.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$49.00

Date disbursed

Aug 24, 2017

Repayment status

On Time

Projected term

3 months

Lenders

Craig Newmark

United States

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