Purchase photocopyig papers and a binder for my cybercafe

Kipchumba

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Kipchumba

Member since

November 2017

On-time repayments

5 installments  •  60%

About Me

I graduated with a bachelors degree in Information Technology from Mount Kenya University.

I was lucky to have parents who developed my childhood education and managed to take me to the university. After graduation I managed to start a business dealing in computer and delved in internet usage and other internet services such as registering for students HELB forms so as they may be able to access tuition fees for their universities, I also deal in driver licence application as the only way to apply for such services is through the internet and thus prompted me to open up a cyber café business.

The area I stay inn is known for athletics. actually my dad and mum were athletes and they go by the names of Tecla Sang and Julius Sang.

My Business

I deal in a cyber café business where I help students with internet services for their college duties. I also do academic research for them and online application of government services. I earn from such services I offer where I charge costs ranging from 60 Kenyan Shilling for one hour of internet usage and for service such as online applications I charge 200 shillings per application. The profits I get is saved for future expansion of the business and opening another cyber café near Moi university

Loan Proposal

I would like purchase photocopying papers and a binder for the café as more papers are needed since students have just reopened schools and there is need for photocopying. The papers costs $5 and the binder costs $10 dollars. This would enable me make some money through the service I offer. The profit would be used to add more papers for the cybercafé.

Thanks

Feedback

1

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  • Julie    Dec 7, 2017

    On time repayment. Would lend to again.

    Log in to reply • Share
    • Kipchumba    Dec 7, 2017

      Thanks Julie your help is greatly appreciated. A million miles starts with one step.

      Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$3.00

Date disbursed

Nov 21, 2017

Repayment status

On Time

Projected term

2 weeks

Lenders

B

bea

Australia

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Summary

Amount repaid

$2.91

Amount remaining

$0.00

Date repaid

Nov 22, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Dec 4, 2017 $1.97 Nov 22, 2017 $1.97
Dec 11, 2017 $0.94 Nov 22, 2017 $0.94

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