Stock for my cybercafe

Robert

Nakuru, Kenya

84% repaid

Entrepreneur

Name

Robert

Member since

March 2017

On-time repayments

90 installments  •  34%

About Me

am a business man with 15 years experience
I started from a humble beginning i was selling eggs in the streets of Kisumu City . I left egg selling and followed my passion in music and become a super DJ .I played music for about ten years. i also left the entertainment industry and joined cyber cafe business which currently am running. Each business operate independently I have employed seven employee s each business 2 employees If I get a loan from you I will expand my business to an empire

My Business

Cyber Dee is a growing Cyber business in Nakuru City that deals with Information Technology, Printing and Internet Services. Cyber Dee is also an education center where we offer Short Courses on Computer technology and skills.
We currently earn an annual revenue of Ksh.1,250,000. Moreover, we are seeking an investment of Ksh. 950,000/= to Expand our Business and open new branches near major residential areas, in return for 10% of the new branch future annual earnings.
Problem
The housing market in Nakuru City has improved and increased rapidly over the years. Many people are moving to and living in this prospering city. However, not all residential areas have accessible Internet, Knowledge to use the internet or afford to purchase hardware to use in their daily internet service in which these new residents may utilize our already available Manpower and quality service. Our company would like to take advantage of the low competition and strong demand in these areas.
Solution
We aim to open this branch near the residential areas in the city. We will cater to both local and foreign individuals, groups, and families living or staying in such areas.
Target Market
Our Cyber Business targets the local and tourist populations of and near the city's new residential areas.
Scope of Work
The business loan will be used for our promotional efforts, equipment and furniture, and employee wages. This will allow us to reinforce our brand, upgrade our equipment, and compensate our employees for their services rendered. All these are essential to allow our team to continue serving our clientele.
Funding Required
DESCRIPTION PURPOSE AMOUNT
Renovations Three 1,500 sq. ft. commercial
lots 900,000.00
Materials Construction materials 1,100,000.00
Construction Design, labor, equipment,
technology, and tools 1,800,000.00
Marketing Attract target customers 700,000.00
Total Funding Required 4,500,000.00

Loan Proposal

add more stock to my cybercafe inorder for the cyber to run smoothly and efficiently,if given i will return it immediately for me to get more loans

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$4.00

Date disbursed

Mar 13, 2017

Repayment status

Late

Projected term

3 weeks

Lenders

Humble Bundle Community

San Francisco, United States

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  • Robert    May 26, 2023

    I would like to post this i had been admitted at the hospital for the last 3 weeks so am unable to raise the required amount since i came out the hospital 3 days ago .I PLAN TO CLEAR ALL THE AMOUNT within the specified loan period .Kindly accede to my request

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  • Robert    Mar 17, 2023

    My reason for instalment adjustment is because of school fees clearance soon after clearing i will be back to normal

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  • Robert    Feb 9, 2023

    Anninymouse

    Southampton, United Kingdom

    ATrain

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    Bobrm2k3

    Charleston, United States

    K
    Krish

    Dubai, United Arab Emirates

    JonB

    London, United Kingdom

    Jackline Kemunto

    Gesonso Bomwanda, Kenya

    S
    Stephan

    Netherlands

    Paul Smithson

    Leeds, United Kingdom

    RM
    Rian McGuire

    Australia

    Tullio

    Italy

    GN
    Gabriel N

    Switzerland

    Carlo Cruz

    Cincinnati, OH, United States

    BL
    Birte Loewe

    Germany

    Peter Ndungu

    Kandara, Kenya

    M
    Margaret

    United States

    CP
    Colin Pardue

    United States

    João Madureira

    Portugal

    Frandito Setyady

    D.i Yogyakarta, Indonesia

    Daisuke

    Tokyo, Japan

    Dewi Purwanti

    Wonogiri, Indonesia

    Amon Kipruto

    Nairobi, Kenya

    Samuel Adandom

    Lagos, Nigeria

    S
    Stephen

    United States

    EG
    Erik G

    Switzerland

    A
    Anonymous

    United States

    Babbitt Family Foundation

    Sioux Falls, SD, United States

    KW
    Kevin Wilson

    United States

    EP
    Erase Poverty

    United States

    Y
    Yolanda

    Australia

    B
    Barbara

    Schönwald Im Schwarzwald, Germany

    M
    Marek

    United States

    RN
    Rosemary Nyaga

    Karatina, Kenya

    Samwel Bondo, Kenya



    Susan Nairobi, Kenya thanks very much for funding my project with GOD everything is possible

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  • Dewi    Feb 8, 2023

    Good job

    Translated by Google     Show original

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  • Amon    Feb 2, 2023

    Good luck

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  • Robert    Jan 27, 2023

    Hello lenders I have completed repaying my last loan . i opened another branch thats why i was able to pay on time. i was also managed to pay extra amount and back several Zidisha family(20) members get there loans approved in time by funding them . Your consideration will be highly appreciated.Kindly accede to my request

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  • Robert    Nov 1, 2022

    I thank Members Who Funded my Project i appreciate you all . This fund will help me expand my business. God bless

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  • Robert    Nov 1, 2022

    Thanks to all lenders who funded my projects am now going to expand my business

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  • Robert    Nov 1, 2022

    i need to renovate my business so as to attract more customers do some painting

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  • Robert    Oct 16, 2022

    add more stock to my business empire which i had initiated before

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  • Robert    Oct 16, 2022

    i will initiate a new project and ad lots of stock

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  • Robert    Oct 16, 2022

    Hi lenders my last project helped me achieve more stock in my entire business thats why i was able to pay within a short time

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  • Robert    Sep 25, 2022

    i will buy a photo printer it will help in cyber performance . I WOULD like to thank all those who funded me it was great.

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  • Robert    Sep 25, 2022

    add more cyber stock to enhance my business. IF this is done in time i will expand my business

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  • Robert    Sep 25, 2022

    I would like to congratulate all the backers who assisted me to achieve my goals. In the last loan i was able to repair the machine with your funds. Your consideration will be highly appreciated when you assist me in my next loan

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  • Robert    Aug 3, 2022

    hi lenders i started with two computers now i have 12 computers and printers just because of your loan.Am requesting for more funds to enlarge my business .Kindly accede my request .Your consideration will be highly appreciated . If i get more funds i will expand my business empire

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  • Robert    Nov 7, 2021

    My name is Robert Otieno. I live in Nakuru. I father of three children, a girl and a boys i love my wife and we a both devoted Christians. My Education background is collage level. I hold a Certificate in Association of Computer professional (A.C.P). I run a Computer Office Bureau cum Cyber cafe and a MPESA shop all together. my ambition is to climb the ladder of success through Zidisha and become a living example to others. I hope Zidisha will make my dream come true.
    Thanks

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  • Robert    Sep 28, 2020

    My name is Robert Otieno. I live in Nakuru. I father of three children, a girl and 2boys i love my wife and we a both devoted Christians. My Education background is collage level. I hold a Certificate in Association of Computer professional (A.C.P). I run a Computer Office Bureau cum Cyber cafe and a Barber shop all together. my ambition is to climb the ladder of success through Zidisha and become a living example to others. I hope Zidisha will make my dream come true.
    Thanks

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  • Robert    Sep 28, 2020

    My name is Robert Otieno. I live in Nakuru. I father of three children, a girl and a boys i love my wife and we a both devoted Christians. My Education background is collage level. I hold a Certificate in Association of Computer professional (A.C.P). I run a Computer Office Bureau cum Cyber cafe and a Barber shop all together. my ambition is to climb the ladder of success through Zidisha and become a living example to others. I hope Zidisha will make my dream come true.
    Thanks

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  • Robert    Mar 22, 2019

    I write this business proposal to ask zidisha to fund me so that I can ensure that by the end of the year I have a well thriving business. I will diversify the machines in my firm so as to have a number of customers in my firm. I will set aside funds towards this project . This is to ensure that both music and sound production is high. I expect to invest about USD 700 towards my whole project. This will ensure that by start of next year, I will have variety of gigs and from corporate firms thus repay my loan and expand my business at ease. Currently am running a cybercafe and MPESA outlet

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