Seats for my cybercafe

William

Maaimahiu Ngeya, Kenya

100% repaid

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How it Works

Entrepreneur

Name

William

Member since

June 2014

On-time repayments

205 installments • 37%

About Me

Iwas born in 1979, at Shabaab area of Nakuru county. I went to Muslim primary school, S.T Xavier’s High school, Nyanchwa T.T.C and just graduated from Kenya methodist university, Nakuru Campus. I’m also a teacher at Maaimahiu primary school. I started by running a cyber café at Maaimahiu town next to the lorry parking. I started the business from my little savings a year ago. However, with the advent of smart phones and free wi fi, the business was not so good. One year ago I set up a small hotel with the chairs I bought with my first loan. However early this year in February an ownership tussle emerged between the owners of the place. We had to vacate. I did not give up and I now own an electronics shop. Im married and a father of one daughter. I live at Maaimahiu town next to the main market at plot no. 12 a green storeyed building house number 9.

My Business

I started the business, Blessed electronics, twelve months ago. My wife runs it while I’m in school. I assisst during the holidays,weekends and in the evenings. It has helped to give me some alternative income though little. The shop has a mixture of a few electronics and electrical goods.The first two months were a challenge in terms of sales and even raising rent. Right now customers are trickling in and am sure in due course I will make it. I discovered that an eatery cannot be run when one is away. However with the shop, I just need to stock take and thus can manage it easily. In a day we make 2dollars profit. This maintains my family and clears other bills. I plan to move business to the next level by having a variety of góods.

Loan Proposal

My cybercafe needs an upgrade. the chairs that are there currently need to be replaced in the short term. four plastic chairs will cost about 33 dollars. in the long term, the cybercafe requires a laser printer or preferably a copier printer for quick and efficient work. I will also need to increase the number of computers from the current two.