Purchasing a lamination machine for cyber cafe

Deploce

Bombolulu, Kenya

47% repaid

Entrepreneur

Name

Deploce

Member since

January 2015

On-time repayments

101 installments  •  20%

About Me

Am a second last in a family of six, i have undergone through the 8-4-4 education system in Kenya, i have an undergraduate in Business information technology. Growing up in a family with six Kids was not easy but my mother did teach me on how to strive for excellency the golden rule being " struggle today without losing hope and celebrate tomorrow". back in college while attending my lecturers on entrepreneurship my lecturer encouraged me to be my own boss. it was an idea which i embraced having knowledge on information technology i thought of starting my own business in cybercafe. from my small savings i managed to get three second hand computers and one photocopier machine setting a small cybercafe. The changing technology is the wheel to my business. my unique hobby is being a keen observer and implementer.

My Business

I offer general computer services, software maintenance, hardware maintenance, networking, binding, printing, typesetting, photocopying, photo developing and lamination.
The changing times and gearing up to access information has been the major factor which makes my business in demand. My costs are like paying electricity bill, internet bill, buying photocopying papers, buying lamination films and ink cartridges, i get revenues from browsing, printing, photocopying and lamination, the profits generated i use them to expand the business

Loan Proposal

Having grown from scratch it is not easy to come with the needed equipment and machinery. I would kindly request for a loan to purchase a lamination machine and lamination films for my cyber. This is in high demand since the place i operate in at times we experience high rainfall, when some documents are not well kept and come into contact with water they wear out and become torn hence my clients are in need of this service. if i acquire this lamination machine i will project my profits to another 20% making a making a total of 40% profit for my Business. if i achieve this it will see my business expanding and hence personal growth as well.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$125.00

Date disbursed

Mar 30, 2015

Repayment status

Late

Projected term

23 months

Other loans

Lenders

Zidisha

Sterling, United States

sebastienrosa

Quebec, Canada

Evan Lamos

Brussels, Belgium

T

thebonseung

Republic of Korea

mepster

San Francisco, Ca, United States

Cathy

Melbourne, Australia

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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