Victor
Kitale, Kenya
$0 to go
100% funded of $100 goal
0
days left
Name
Victor
Member since
September 2014
On-time repayments
10 installments • 0%
My name is victor wanjihia . Am a first born to a family of seven. I have two sisters five brothers.
Our home is situated in a place known as Lessos Forest Kitale Kenya. Latitude 1° 1' 8.72"N
Longitude 35° 0' 8.30"E.
I started schooling in the mid 90's, in a primary school knowas mary immaculate Primary School in Kitale Kenya. I then transferred to a private school that goes by the title Purpose Driven Educational Centre. I did my Kenya Certificate of Primary Education in the year 2002 and managed to obtain 360 marks out of 500 and secured myself a chance at st anthonys boys High School in kitale Town. At my stay-and-learn in st anthony High school I engaged myself in various activities. In 2007 I took my science project to a provincial level and scooped the 3rd place.
In the year 2005 I was in the drama team which did go past regional level.
By the end of year four that was in 2009 I scored a mean grade of B+ and thereafter joined moi University in the year 2008. Took a couse by the title Bsc. Applied Statistics With IT. While in Moi in the year 2011 we formed a group of three by the name VA- Authentic which we help in trouble shooting computers problems and offered valid solutions. It thereafter change name to Laptop Garage which we expounded our ideas from not only trouble shooting but repairing them and even started selling laptops at affordable prices.
It is then that an idea of my own business came into my mind. I had several ideas of my business to be, and after a long time in assessing and eliminating ideas I narrowed down to one the sale of cyber products.
Am currently owning a cyber shop and doing part time studies currently in accunting
I like computers a lot that is operating them or even repairing them software-wise or even hardware-wise. I also like playing football and also playing Play Station games.
My business name is trillionet cybercafeCe. That thought of owning a cyber cafeshop came into mind when I was challenged by my closest friend who now has 3 shops i.e. two retail shops and one wholesale shop. The cyber shop kicked off on 15th April 2013 at a Faith Plaza in Kitale town.
In my business I only deal with internet solutions, email addreses , and people who suf the internet, plus a printing and photocopy services,,, i currently have three computer, a printer an a photocopier The place where the shop is situated is very strategic i.e. It is a very populated area. By this I mean the place is full of middle class residents such that it suite the mode of sales done in my shop. At the moment I only deal with retail sale. The other main reason is that, at the moment my shop covers a two kilometers area of a radius of before one encounters another cyber shop. This gives me a free platform of doing business without a lot of competition. The shop is also state-of-art such that there are neither rodents nor harmful insects to spoil the stored goods. Also, the doors are well build such that thieves cannot easily break into it. The other reason as to why my business is firm is because I have well done revised the prices to suite the customers so to never think of the next shop. This was done at thoroughly after consulting other shop’s prices.
On the other hand there are some several challenges that the business faces. But the biggest of the all is lack of enough funds. This leads to limiting the capital allocated to the stock. This is usually a challenge when customers come for more goods only to find out the shop has run out of the stock of that particular good.
The other challenged faced due to lack of enough funds is acquiring a singled business license. Without this one cannot be authorized to transact any business.
My monthly profit: USD 333.90
My monthly cost is as follows:
Transport Allowance USD 12.50
Workers Salary USD 58.40
Workers Food Allowance USD 16.70
Electricity bill USD 8.30
Security bill USD 12.50
The source of income from this business of mine will help me repay my loan. With this loan I will be able to expand my business thus be able to even take a bigger loan.
My Loan Proposal
My name is victor. Am a first born out of a family of five. I have three sisters and one brother. I attended Moi University, and while in campus it is then that an idea of my own business came into my mind this was due some challenges posed by my own colleagues. I had several ideas of my business to be, and after a long time in assessing and eliminating idea. I chose these products due to the demand in the market basin my ideas on; change in technology that people are embracing, this was the very blueprint that gave me the exact business idea that i soo much needed.
. The place where the shop is situated is very strategic i.e. it is a very populated area. By this I mean the place is full of middle class residents such that it suite the mode of sales done in my shop. At the moment I only deal with retail sale. On the other hand there are some several challenges that the business faces. But the biggest of the all is lack of enough funds. This leads to limiting the capital allocated to the stock. This is usually a challenge when customers come for more goods only to find out the shop has run out of the stock of that particular good or it was yet introduced. The main reason I want a loan is; I intend to increase the number of computers,, at least .two more. This will enable customers to have a variety of choice thus increasing my income.
My Loan Proposal
My name is victor. Am a first born out of a family of five. I have three sisters and one brother. I attended Moi University, and while in campus it is then that an idea of my own business came into my mind this was due some challenges posed by my own colleagues. I had several ideas of my business to be, and after a long time in assessing and eliminating idea. I chose these products due to the demand in the market basin my ideas on; change in technology that people are embracing, this was the very blueprint that gave me the exact business idea that i soo much needed.
. The place where the shop is situated is very strategic i.e. it is a very populated area. By this I mean the place is full of middle class residents such that it suite the mode of sales done in my shop. At the moment I only deal with retail sale. On the other hand there are some several challenges that the business faces. But the biggest of the all is lack of enough funds. This leads to limiting the capital allocated to the stock. This is usually a challenge when customers come for more goods only to find out the shop has run out of the stock of that particular good or it was yet introduced. The main reason I want a loan is; I intend to increase the number of computers,, at least .two more. This will enable customers to have a variety of choice thus increasing my income.
i plan to add one more desktop computer, a branded one , most likely a branded hp computer with 2.2 gh dual core processor, 4gb ram with a holding capacity of one terabyte, intelcore processor, the money will enable me fund for the monitor that goes for a price of kshs. 9000 .this will enhance production and more income will be generated, thanks in advance
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Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Dec 2, 2014
Repayment status
Late
Projected term
2 months
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