Kupalia

Kikambala, Kenya

100% repaid

Entrepreneur

Name

Kupalia

Member since

January 2013

On-time repayments

25 installments  •  20%

About Me

My name is Kupalia mwarumba, am a single man living alone.Am from a family of six and am the fourth born. I came from a poor family my dad passed away and therefore my mum had to raised six children by herself and she is a business woman.All my elder bothers are working while 2 are stiil in school. I live in Kikambala Maveni village near Sun n sand Beach Resort.
It's about 9Km from Mtwapa town and it only cost Ksh 30 from Mtwapa to Kikambala. Just tell the conductor to drop you at Sun n Sand stage and take a boda boda (motor cycle) Ksh 50 to Maweni. At the moment am working as a children care taker at Mtwapa in an organization (Blessed Compassionate Day Care Center).I completed both primary and secondary education and did not go to college due financial problems.. My salary is not that big to provide me with everything that i need and that's why i started this small bureau business and see the place there is high demand.

My Business

My business is a cyber cafe.Am providing printing, csaning,type setting and internet services.I started this business last year after quitting working in a cyber cafe due to low salary and the business was doing good.Mtwapa is a growing town and hass lots of tourist so internet services are in need.we have many shools also so typsetting services are needed hence these factors provide a market demand.Most people prefer my business becuse i i have the best and fast internet and am we offer good printinh services.The risks involved in this businees are that its a leisure businees so its not a must for people to have it.I make around 1,400 ksh per day thus coming to 42,000 ksh per month. I spend around 500 k sh per day thus 15,000 ksh per month. internet services costs 5,000 k sh per month.I pay my staff person 6,000 per month and rent for the shop 4,000 ksh.I remain with 12,000 every month as profit.

Loan Proposal

Thanks so much Zidisha for giving me the opportunity to grow my business and my life at large. The first loan helped me so much, i have managed to buy two computers. So here i come again i still want to expand my business. When i get this second loan am going to buy a new Epison printer so i will be able to print photos from phones, digital cameras, USB and other devices. Thank you once again.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$199.00

Date disbursed

Aug 3, 2013

Repayment status

On Time

Projected term

6 months

Lenders

Sundstroms

Falun, Sweden

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