Entrepreneur
Name
Jacob
Member since
January 2017
On-time repayments
152 installments • 63%
About Me
Hello, my name is Jacob Munyao i am from Kenya - Mombasa. i am a hardworking person, trustworthy and humble. I started primary school at the village whereby i had to walk for 3km. i managed to finish my primary education with flying colours and joined Secondary school at a local town. Though the life at high school was hard with a lot of hindrance like being sent home for fees i also managed to succeed my finals exams with good grades and joined university but i could not continue any further due to insufficient funds, i decided to start my own cybercafe business with the help of my friends who donated some computers. the business is high on demand at our village
My Business
i work in a cybercafe whereby i offer services computer classes which can cost $50 per person, printing, photocopy, laptops and mobile repairs costing about $8 depending on the damage of the laptop. the business is high on demand since many people need their laptops or mobile phone fixed in order to resume their office duties. in terms of profit i usually make a reasonable amount usually ranging from $5 - $12 daily. i use the profits to give back to the society and also add more computers for my business.
if i receive the loan, my main aim would to buy a photocopy machine that would increase my income by 26% hence help in repaying the loan. God bless Zidisha organisation and the lenders
Loan Proposal
I am planning to open up an mpesa shop within the premises of my cybercafe business. these two business will go hand in hand in boosting up my profits. in a single day i can manage to carry out more than 50 transactions translating to Ksh 5000 per day in profits alone, more clients will also be lured to the new addition of the mpesa services since it is widely used in my estate.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$791.00
Date disbursed
Aug 16, 2017
Repayment status
Late
Projected term
41 months
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