Cybercafe & farming businesses

Simon

Mwatati, Kenya

30% repaid

Entrepreneur

Name

Simon

Member since

June 2017

On-time repayments

127 installments  •  16%

About Me

I grew up in Nakuru town with support of both parents.Had a decent life till dad passed away while in high school. Mum strived to support our education, it was a real struggle for me and my 4 other siblings.I realized tough times were coming ahead so had to study hard.The difference between me and poverty had to be education. I excelled and joined local university for a degree in IT.Tuition fee became a challenge dropped out and that is when I started doing small gigs like sourcing clients who wanted cyber services and did it for them for a fee.Gained some experience and secured work at a friend's cybercafe .Saved for a year and that is when I started my own micro cybercafe.I live in a community where sugarcane is a major cash crop in a semi-urban rural setting. Education is not handled with due diligence. Through the cyber more and more parents are rising up to the challenge. More boys and girls are being educated and value is being added to their lives.I have a single child,she wants to be a software engineer.Am building a platform for her and other like minded children for a better tomorrow. I like playing football to pass time,I support a local team with basic items like football among other training kits.

My Business

I own a cyber cafe.Main business is to sell services at a fee.In this digital era there is a high demand for digital services and that is why I aligned myself to that path and tap into digital space,fully exploiting it.I am an IT professional thus I easily find gaps to fill within the digital space.Information is power,the emergence of e-governments and huduma centers has made more information to be online for citizens to capture and utilize. Setting up the cyber cafe was a timely investment. Costs involve including among others;internet bill,stationary,servicing and maintainance of computing devices and outsourcing for services I cannot provide .Profits accrued are directed to savings,supporting other siblings education and also supporting family sugarcane and maize farming and most importantly ploughing back in the investment to ensure even more better services.

Currently I am designing a framework to set up second hand merchandise division to acquire and economically dispose used but in mint condition items.

Loan Proposal

I will use $35 to procure a tent to sun dry maize,$14 to procure sacks for maize storage,$5 for fungicide to treat the maize against weevils and $6 for transport charges.With all this I will fully process 18-20 bags of maize that I will successfully sell and buy more farm inputs for the next season.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$60.00

Date disbursed

Oct 5, 2018

Repayment status

Late

Projected term

28 months

Lenders

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Summary

Amount repaid

$17.78

Amount remaining

$42.37

Expected completion

Feb 8, 2021

Status

Repaying late

Installment amount

$4.01

Repayment History

Expected Payments Actual Payments
Oct 15, 2018 $0.99 Nov 22, 2018 $0.99
Oct 22, 2018 $0.00
Oct 29, 2018 $0.00
Nov 5, 2018 $0.00
Nov 12, 2018 $0.00
Nov 19, 2018 $0.00
Nov 26, 2018 $0.99 Nov 26, 2018 $0.99
Dec 3, 2018 $0.99 Dec 3, 2018 $0.99
Dec 10, 2018 $0.99 Dec 10, 2018 $0.99
Dec 17, 2018 $0.00
Dec 24, 2018 $0.99 Dec 26, 2018 $0.99
Dec 31, 2018 $0.99 Mar 3, 2019 $0.99
Jan 7, 2019 $0.00
Jan 14, 2019 $0.00
Jan 21, 2019 $0.00
Jan 28, 2019 $0.00
Feb 4, 2019 $0.00
Feb 11, 2019 $0.00
Feb 18, 2019 $0.00
Feb 25, 2019 $0.00
Mar 4, 2019 $0.00
Mar 11, 2019 $0.49 Mar 19, 2019 $0.49
Mar 18, 2019 $0.49 Mar 19, 2019 $0.49
Mar 25, 2019 $0.49 Mar 27, 2019 $0.49
Apr 1, 2019 $0.49 May 30, 2019 $0.49
Apr 8, 2019 $0.00
Apr 15, 2019 $0.00
Apr 22, 2019 $0.00
Apr 29, 2019 $0.00
May 6, 2019 $0.00
May 13, 2019 $0.00
May 20, 2019 $0.00
May 27, 2019 $0.00
Jun 3, 2019 $0.00
Jun 10, 2019 $0.00
Jun 17, 2019 $0.00
Jun 24, 2019 $0.00
Jul 1, 2019 $0.00
Jul 8, 2019 $0.00
Jul 15, 2019 $0.00
Jul 22, 2019 $0.00
Jul 29, 2019 $0.00
Aug 5, 2019 $0.49 Aug 5, 2019 $0.49
Aug 12, 2019 $0.49 Aug 16, 2019 $0.49
Aug 19, 2019 $0.49 Dec 8, 2020 $0.49
Aug 26, 2019 $0.00
Sep 2, 2019 $0.00
Sep 9, 2019 $0.00
Sep 16, 2019 $0.00
Sep 23, 2019 $0.00
Sep 30, 2019 $0.00
Oct 7, 2019 $0.00
Oct 14, 2019 $0.00
Oct 21, 2019 $0.00
Oct 28, 2019 $0.00
Nov 4, 2019 $0.00
Nov 11, 2019 $0.00
Nov 18, 2019 $0.00
Nov 25, 2019 $0.00
Dec 2, 2019 $0.00
Dec 9, 2019 $0.00
Dec 16, 2019 $0.00
Dec 23, 2019 $0.00
Dec 30, 2019 $0.00
Jan 6, 2020 $0.00
Jan 13, 2020 $0.00
Jan 20, 2020 $0.00
Jan 27, 2020 $0.00
Feb 3, 2020 $0.00
Feb 10, 2020 $0.00
Feb 17, 2020 $0.00
Feb 24, 2020 $0.00
Mar 2, 2020 $0.00
Mar 9, 2020 $0.00
Mar 16, 2020 $0.00
Mar 23, 2020 $0.00
Mar 30, 2020 $0.00
Apr 6, 2020 $0.00
Apr 13, 2020 $0.00
Apr 20, 2020 $0.00
Apr 27, 2020 $0.00
May 4, 2020 $0.00
May 11, 2020 $0.00
May 18, 2020 $0.00
May 25, 2020 $0.00
Jun 1, 2020 $0.00
Jun 8, 2020 $0.00
Jun 15, 2020 $0.00
Jun 22, 2020 $0.00
Jun 29, 2020 $0.00
Jul 6, 2020 $0.00
Jul 13, 2020 $0.00
Jul 20, 2020 $0.00
Jul 27, 2020 $0.00
Aug 3, 2020 $0.00
Aug 10, 2020 $0.00
Aug 17, 2020 $0.00
Aug 24, 2020 $0.00
Aug 31, 2020 $0.00
Sep 7, 2020 $0.00
Sep 14, 2020 $0.00
Sep 21, 2020 $0.00
Sep 28, 2020 $0.00
Oct 5, 2020 $0.00
Oct 12, 2020 $0.00
Oct 19, 2020 $0.00
Oct 26, 2020 $0.00
Nov 2, 2020 $0.00
Nov 9, 2020 $0.00
Nov 16, 2020 $0.00
Nov 23, 2020 $0.00
Nov 30, 2020 $0.00
Dec 7, 2020 $0.00
Dec 14, 2020 $1.00 Dec 14, 2020 $1.00
Dec 21, 2020 $0.99 Jan 7, 2021 $0.99
Dec 28, 2020 $0.00
Jan 4, 2021 $0.00
Jan 11, 2021 $4.01 Jun 28, 2021 $0.99
Jun 17, 2022 $0.10
Jun 24, 2022 $0.82
Dec 28, 2022 $2.11
Jan 18, 2021 $4.01 Dec 28, 2022 $0.45
Feb 9, 2023 $0.99
Jul 17, 2023 $0.99
Jan 25, 2021 $30.08
Feb 1, 2021 $5.47
Feb 8, 2021 $5.24

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