My name is Charles Metet, 39 years old. I am the first born out 6 boys living in Bomet County (a county where I was raised by a humble family). I went to school at Chilgotwet Primary, then joined Kabungut High School where I completed my fourth form in the year 1995. I joined the Institute of Commercial Management College in 2012-2013 and completed my diploma. I later got a job at Stegro Sacco Computers Technologies in Nairobi in January 2014, and then got a job at Sema Cybercafe in Nairobi.

The life in Nairobi was challenging, since transport cost is very high and the cost of rent is so high for a person whose salary is meager, but I worked hard and saved just enough to buy a computer. After thinking hard I decided to quit so as to start my own business. I opted out [of my job] and moved to Bomet Silibwet to start my small computer services [business] of typesetting and printing.

I took inspiration from other computer service operators after I noticed that clients were comfortably beginning to require the services of computer operators in Silibwet town. I'd always fancied running my own business, so after spotting this opportunity, it was a case of now or never. Having worked for a cyber cafe for one year, my knowledge of the market meant I could capitalize on the growing trend towards the use of new technology.

I operate a cyber café, which deals with printing and photocopying business at Bomet town. Most of my customers are college students who have made my business grow at a faster rate, since most of the assignments given to them need to be typed and printed.

Since I bought two additional computers after the Epson printer and digital camera with my previous funds, my savings have improved from USD $150 to $290. I would therefore request the Zidisha lenders to grant me a loan of $820 to enable me stock my shop with computer stationeries so as to make me a supplier of surrounding computer shops and secondary schools who normally purchases photocopying reams for their uses in schools.

In addition to my cyber shop, I wish to be a supplier of computer stationeries to various shops and schools surrounding me. Having run and managed the cyber for quite sometime now, I have realized a gap that can be a business opportunity to me.

I will be sourcing the goods from Nairobi at a lower price (wholesale price) and selling them at a higher price. I wish to request your financial funding loan of $820 to enable me purchase as follows:

50 reams of photocopying papers at a cost of $16/ream= $800

Fare to and from Nairobi Bomet =$20 TOTAL=$820

With this fund, I will be able to make a significant profit per ream as follows:

Selling price= $27.5

Purchase price= $16

Gross profit = $27.5-$16= $11.5

Hence net profit = $11.5/ream x 50 reams = $570 - $20 transport= $550

As in previous funding, I will be prompt in repayment and make sure I clear the loan in the right time. I hope you will find in your hearts to consider funding my project again. Sincerely, Charles Metet. Thanks.