Renovation of my cyber cafe

John

Nakuru, Kenya

100% repaid

Entrepreneur

Name

John

Member since

January 2017

On-time repayments

66 installments  •  80%

About Me

My name is John Gakonya , I was born and brought up in Nakuru town in a family of four,two boys and two girls I being the first born.My parents separated when we were still young and hence my mother took the burden of taking care of us.I went to menengai High school and by the grace of God I graduated although there was hardship raising fees from selling charcoal at umoja center.After High school I started a stationary business and typesetting since I learned computer study in school.This business enables me help my mother and my younger siblings.
During my free time I like to socialize with friends, go swimming and reading.

My Business

In my business I deal with selling stationary and typesetting.This services is necessary since there are schools in the center which act as my mean customers. Meanwhile I make $300 per month after paying all the bills I get a profit of $100.I use the profits for expansion and helping my family especially my younger siblings.

Loan Proposal

Thank you lenders for my previous loan. It really transformed my business a great deal.
When given this other loan I plan to renovate my cyber cafe so that it can accommodate more computers. I also want to do face lifting. I n so doing I believe my business will stand out above the rest hence more customers.
The estimated budget for the work is as follows:
Making the counters = ksh 20000/-
Painting. =Ksh 10000/-
Misclenous. = Ksh 3000/-
Labour. =Ksh 4000/-
Total. =Ksh ksh 37000/-
This upgrading will bring about a profit increase of 30%.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$285.00

Date disbursed

Mar 27, 2018

Repayment status

On Time

Projected term

3 months

Lenders

D

Dave

Dropmore, Manitoba, Canada

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