Two laptops and stock of stationery for my cybercafé

Victor

Nakuru, Kenya

6% repaid

Entrepreneur

Name

Victor

Member since

December 2014

On-time repayments

258 installments  •  55%

About Me

My name is victor an IT graduate, after school i started a cyber cafe business to keep me busy as I searched for a job. Through luck i was introduced to zidisha by a friend. Am grateful to be part of Zidisha family as large because it has seen my business grow to a level I didn't expect. During my free time I love reading a lot and watching football

My Business

I'm the owner of Avicom cyber cafe business in Nakuru. The goods and services that i offer include internet services, photocopy, printing, lamination, scanning, lamination, computer repair and maintenance. There is always the demand for internet, printing and computer services. This is due to the technological advancement throughout the world. Customers prefer my products and services due to the fact that i offer the fastest internet access services at a cheap price as compared to my competitors. The business is profitable because it is diverse and offers different products and services which in turn boosts sales revenues. The risks my business face is inflation, insecurity and the increasing demand of smart phones which supplement a certain percentage of the customer internet usage. On average, the business operations and recurrent costs are at $ 500 with a monthly sales revenue of between $300-$450. Profit margins are at $250-$350.

Loan Proposal

The loan will be invested into the business in order to improve on service delivery and value creation.I will purchase two more laptop for my computer shop and add stock of printing paper in it too. laptop machine will costs approximately $ 500 for the two laptops
I will also use $200 to buy plain photocopy and printing paper. However, the current demand of students needs at least an additional $100 of plain paper, approximately 5 rims of 500 A4 sheets in each rim. That’s 2500 A4 plain papers.
This should meet the demand.
I will buy two hardy stapler and a binding machine that costs 100$ and add stationery such as pens, blank CDs and plastic bag folders which are common with the university students which will add up to $155. These additions should make me a good profit.
When I type and print on plain paper I usually charge $ 0.5 per paper I print. So for 2500 plain A4 papers I should be able to make a profit of around $55 per week.
I will bind proposals at $10 per 100 to 200 page proposal.
This should enable me pay the loan and safely reinvest my proceeds in the business, eventually being able to expand my business with the increased proceeds.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,074.00

Date disbursed

Feb 5, 2017

Repayment status

Late

Projected term

37 months

Lenders

AndreaBravi

London, UK, Canada

G

guenter

Bremen, Germany

Matching Fund

Sterling, United States

Alberto Cereser

Copenhagen, Denmark

Kevin

San Francisco, United States

PG

Paul Graham

United States

Stephan W

Witten, Germany

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

A

Anonymous

United States

BS

Brad Sims

Hexham, United Kingdom

Ask Victor a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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Summary

Amount repaid

$63.50

Amount remaining

$985.15

Expected completion

Feb 23, 2020

Status

Repaying late

Installment amount

$0.98

Repayment History

Expected Payments Actual Payments
Feb 12, 2017 $2.95 Feb 13, 2017 $2.95
Feb 19, 2017 $1.97 Feb 21, 2017 $0.98
Feb 21, 2017 $0.98
Feb 26, 2017 $1.97 Feb 26, 2017 $0.98
Mar 10, 2017 $0.98
Mar 5, 2017 $1.97 Mar 17, 2017 $0.98
Mar 17, 2017 $0.49
Mar 22, 2017 $0.49
Mar 12, 2017 $1.97 Mar 22, 2017 $0.49
Mar 25, 2017 $0.98
Mar 25, 2017 $0.49
Mar 19, 2017 $1.48 Mar 25, 2017 $0.49
Mar 26, 2017 $0.98
Mar 26, 2017 $0.00
Apr 2, 2017 $0.00
Apr 9, 2017 $0.98 Apr 20, 2017 $0.98
Apr 16, 2017 $0.98 Apr 20, 2017 $0.98
Apr 23, 2017 $0.98 Apr 20, 2017 $0.98
Apr 30, 2017 $0.98 Apr 28, 2017 $0.98
May 7, 2017 $0.98 May 7, 2017 $0.98
May 14, 2017 $0.98 May 14, 2017 $0.98
May 21, 2017 $0.98 May 19, 2017 $0.98
May 28, 2017 $0.98 May 28, 2017 $0.98
Jun 4, 2017 $0.98 Jun 4, 2017 $0.98
Jun 11, 2017 $0.98 Jun 11, 2017 $0.98
Jun 18, 2017 $0.98 Jun 24, 2017 $0.98
Jun 25, 2017 $0.98 Jun 24, 2017 $0.98
Jul 2, 2017 $0.00
Jul 9, 2017 $0.98 Jul 13, 2017 $0.98
Jul 16, 2017 $0.98 Jul 13, 2017 $0.98
Jul 23, 2017 $0.98 Jul 25, 2017 $0.98
Jul 30, 2017 $0.98 Jul 29, 2017 $0.98
Aug 6, 2017 $0.98 Aug 5, 2017 $0.98
Aug 13, 2017 $0.98 Aug 18, 2017 $0.98
Aug 20, 2017 $0.98 Aug 18, 2017 $0.98
Aug 27, 2017 $0.98 Aug 27, 2017 $0.98
Sep 3, 2017 $0.98 Sep 1, 2017 $0.98
Sep 10, 2017 $0.98 Sep 14, 2017 $0.98
Sep 17, 2017 $0.98 Sep 23, 2017 $0.98
Sep 24, 2017 $0.98 Sep 26, 2017 $0.98
Oct 1, 2017 $0.98 Oct 1, 2017 $0.98
Oct 8, 2017 $0.98 Oct 5, 2017 $0.98
Oct 15, 2017 $0.98 Oct 12, 2017 $0.98
Oct 22, 2017 $0.98 Oct 15, 2017 $0.98
Oct 29, 2017 $0.98 Oct 21, 2017 $0.98
Nov 5, 2017 $0.98 Nov 26, 2017 $0.98
Nov 12, 2017 $0.98 Nov 26, 2017 $0.98
Nov 19, 2017 $0.98 Nov 26, 2017 $0.98
Nov 26, 2017 $0.98 Nov 26, 2017 $0.98
Dec 3, 2017 $0.98 Nov 26, 2017 $0.49
Dec 3, 2017 $0.49
Dec 10, 2017 $0.98 Dec 3, 2017 $0.49
Dec 24, 2017 $0.32
Jan 2, 2018 $0.17
Dec 17, 2017 $0.94 Jan 2, 2018 $0.82
Jan 2, 2018 $0.13
Dec 24, 2017 $0.00
Dec 31, 2017 $0.00
Jan 7, 2018 $0.00
Jan 14, 2018 $0.00
Jan 21, 2018 $1.48 Feb 14, 2018 $1.48
Jan 28, 2018 $1.48 Feb 14, 2018 $1.48
Feb 4, 2018 $1.48 Feb 14, 2018 $1.48
Feb 11, 2018 $1.48 Feb 14, 2018 $1.48
Feb 18, 2018 $1.08 Feb 19, 2018 $0.98
Feb 19, 2018 $0.10
Feb 25, 2018 $0.98 Feb 23, 2018 $0.98
Mar 4, 2018 $0.98 Mar 7, 2018 $0.98
Mar 11, 2018 $0.98 Mar 7, 2018 $0.98
Mar 18, 2018 $0.98 Mar 17, 2018 $0.98
Mar 25, 2018 $0.98 Apr 5, 2018 $0.98
Apr 1, 2018 $0.98 Apr 5, 2018 $0.98
Apr 8, 2018 $0.98 Apr 21, 2018 $0.98
Apr 15, 2018 $0.98 Apr 21, 2018 $0.98
Apr 22, 2018 $0.98 Apr 21, 2018 $0.98
Apr 29, 2018 $0.98
May 6, 2018 $0.98
May 13, 2018 $0.98
May 20, 2018 $0.98
May 27, 2018 $0.98
Jun 3, 2018 $0.98
Jun 10, 2018 $0.98
Jun 17, 2018 $0.98
Jun 24, 2018 $0.98
Jul 1, 2018 $0.98
Jul 8, 2018 $0.98
Jul 15, 2018 $0.98
Jul 22, 2018 $0.98
Jul 29, 2018 $0.98
Aug 5, 2018 $0.98
Aug 12, 2018 $0.98
Aug 19, 2018 $0.98
Aug 26, 2018 $0.98
Sep 2, 2018 $0.98
Sep 9, 2018 $0.98
Sep 16, 2018 $0.98
Sep 23, 2018 $0.98
Sep 30, 2018 $0.98
Oct 7, 2018 $0.98
Oct 14, 2018 $0.98
Oct 21, 2018 $0.98
Oct 28, 2018 $0.98
Nov 4, 2018 $0.98
Nov 11, 2018 $0.98
Nov 18, 2018 $0.98
Nov 25, 2018 $0.98
Dec 2, 2018 $0.98
Dec 9, 2018 $0.98
Dec 16, 2018 $0.98
Dec 23, 2018 $0.98
Dec 30, 2018 $0.98
Jan 6, 2019 $0.98
Jan 13, 2019 $0.98
Jan 20, 2019 $0.98
Jan 27, 2019 $0.98
Feb 3, 2019 $0.98
Feb 10, 2019 $0.98
Feb 17, 2019 $0.98
Feb 24, 2019 $0.98
Mar 3, 2019 $0.98
Mar 10, 2019 $0.98
Mar 17, 2019 $0.98
Mar 24, 2019 $0.98
Mar 31, 2019 $0.98
Apr 7, 2019 $0.98
Apr 14, 2019 $0.98
Apr 21, 2019 $0.98
Apr 28, 2019 $0.98
May 5, 2019 $0.98
May 12, 2019 $0.98
May 19, 2019 $0.98
May 26, 2019 $0.98
Jun 2, 2019 $0.98
Jun 9, 2019 $0.98
Jun 16, 2019 $0.98
Jun 23, 2019 $0.98
Jun 30, 2019 $0.98
Jul 7, 2019 $0.98
Jul 14, 2019 $0.98
Jul 21, 2019 $0.98
Jul 28, 2019 $0.98
Aug 4, 2019 $0.98
Aug 11, 2019 $0.98
Aug 18, 2019 $0.98
Aug 25, 2019 $0.98
Sep 1, 2019 $0.98
Sep 8, 2019 $0.98
Sep 15, 2019 $0.98
Sep 22, 2019 $0.98
Sep 29, 2019 $0.98
Oct 6, 2019 $0.98
Oct 13, 2019 $0.98
Oct 20, 2019 $0.98
Oct 27, 2019 $0.98
Nov 3, 2019 $0.98
Nov 10, 2019 $0.98
Nov 17, 2019 $0.98
Nov 24, 2019 $0.98
Dec 1, 2019 $0.98
Dec 8, 2019 $0.98
Dec 15, 2019 $0.98
Dec 22, 2019 $0.98
Dec 29, 2019 $0.98
Jan 5, 2020 $0.98
Jan 12, 2020 $0.98
Jan 19, 2020 $0.98
Jan 26, 2020 $0.98
Feb 2, 2020 $0.98
Feb 9, 2020 $0.98
Feb 16, 2020 $0.98
Feb 23, 2020 $891.71

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