Purchase of Two New Computers for Expanding Cybercafe Service

Charles

Bomet, Kenya

100% repaid

Entrepreneur

Name

Charles

Member since

January 2015

On-time repayments

148 installments  •  70%

About Me

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.

My Business

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.

Loan Proposal

I wish to purchase two more computers so as to cater for expanding clientele in my cybercafe.
Having run and managed the cyber for quite sometime now, I wish to request your financial funding to enable me purchase two more computers so as to support the ever increasing clients in my cyber.
I request an amount of $540 to purchase:
-2 computers at a cost of $210= $420
-Additional stationaries at $120=$120
TOTAL=$540.
With this fund, more people will access internet due to an increase number of computers to five from the current number of three, hence enabling me earn more profit than currently earnings.
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

Show original English  

About Me

My Names is Charles Metet, 39 years Iam the first born out 6 boys living in Bomet County (county where I was raised by a humble family). I went to school in Chilgotwet primary, joined Kabungut High school where I completed my fourth form in the year 1995 and joined THE INSTITUTE OF COMMERCIAL MANAGEMENT College in 2012-2013 and completed my diploma, I later got attached at Stegro Sacco computers Technologies in Nairobi in the year Jan 2014 and got a job at Sema cyber cafe in Nairobi. The life in Nairobi was challenging since transport cost is very high and also 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 and deciding to quit so as to start my own business. I opt out and move to Bomet Silibwet to start my small computer services 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.

My Business

I operate cyber café which deals with printing and photocopy 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 rims for their uses in schools.

Loan Proposal

I wish to purchase two more computers so as to cater for expanding clientele in my cybercafe.
Having run and managed the cyber for quite sometime now, I wish to request your financial funding to enable me purchase two more computers so as to support the ever increasing clients in my cyber.
I request an amount of $540 to purchase:
-2 computers at a cost of $210= $420
-Additional stationaries at $120=$120
TOTAL=$540.
With this fund, more people will access internet due to an increase number of computers to five from the current number of three, hence enabling me earn more profit than currently earnings.
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

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$539.00

Date disbursed

Jul 29, 2016

Repayment status

On Time

Projected term

15 months

Lenders

BrassHat

Boston, United States

T

traderjohn

Baltimore, United States

Zidisha

Sterling, United States

S

Scodeb123

Huntsville, United States

P

Pavane

Kungsbacka, Sweden

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

N

Nicolaas

Doha, Qatar

F

frenchy

United States

GT

Geoff Tucker

United States

RG

Ravi Gadad

United States

J

Jon

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

VC

Victor Chong

United States

HCPSPIRIT

Helsinki, Finland

A

Anonymous

United States

A

Anonymous

United States

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  • Charles    Apr 3, 2019

    Business status is in a lower season. Expected to rise soon.

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  • Charles    Oct 18, 2018

    Lower income generation that will last for a short time

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  • Charles    Nov 7, 2017

    In order to remain in good standing, I find it necessary to repay 5000.

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  • Charles    Jul 23, 2017

    Dear my lenders,
    Since I took the loan especially the one that I just cleared, my life has improved so much. I can comfortably state that I am happy. My children are happy that they are no longer sent home every now and then for school fees since my business income is stable and impressively progressing.
    That's why I take this opportunity to thank you all for your good act and pray that God give you more and more blessings so that you can continue touching others.
    Now that I am requesting this other loan to expand my business, I believe you will consider moving with me to the next level by funding again.
    Thanks a lot
    Sincerely Charles Metet

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  • Charles    Mar 31, 2017

    Dear lenders,
    I wish to thank all the lenders who accepted to fund my cyber project. I broud of you. I am doing good and I can say the business is well established, my schooling children have no more fees problem and my daily needs are met with ease.
    I will not stop working with you as long as ZIDISHA exist.
    God bless you.

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  • Charles    Sep 2, 2016

    At the moment, I feel I can manage to repay kes. 800. But will be paying more when business is booming.

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  • Charles    Aug 24, 2016

    Hello to all,
    Iam happy to inform you that I purchased the items in my proposal and the business is doing good. It has picked as compared to before.
    Thanks for your cooperation.

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  • Charles    Jul 26, 2016

    To my dear lenders,
    Thankyou for funding my project in full. I assure you that I will used the money as I proposed in my proposal and try as much as I can to repay in time.
    God bless you all

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  • Charles    Jul 12, 2016

    To my dear lenders,
    I wish to thank you f9r all the financial support to enrich my business. As a matter of fact, I am no longer charles before funding me. But a different charles who is fast growing business wise. With your continued funding, I hope to become a future trusted and reliable entrepreneuer.
    Thanks a lot and God bless you.

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  • Charles    Feb 9, 2016

    The business is low and this is as a result of school opening for both primary and secondary school. People are struggling to pay their children fees which are usually higher in the New Year term compared to other two terms.
    I will reschedule back to my current schedule when the business is back to normal.
    Thanks
    Sincerely
    C.Metet

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  • Charles    Dec 29, 2015

    Dear Zidisha lenders,
    I would like to first wish you and your families a happy holidays. May this year end on a cheerful note and make way for a joyful 2016.
    I am grateful for the loan that I just cleared for it did me wonders for it gave me more than double the previous profits to $ 100.
    As I apply for another loan, I humbly request you to find in your hearts to consider funding me again to purchase an additional computer. And I promise that I will never let you down in repayment
    Bye and a happy new year.
    Sincerely Charles Metet

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  • Charles    Dec 29, 2015

    Dear Zidisha lenders,
    I would like to first wish you and your families a happy holidays. May this year end on a cheerful note and make way for a joyful 2016.
    I am grateful for the loan that I just cleared for it did me wonders for it gave me more than double the previous profits to $ 100.
    As I apply for another loan, I humbly request you to find in your hearts to consider funding me again to purchase an additional computer. And I promise that I will never let you down in repayment
    Bye and a happy new year.
    Sincerely Charles Metet

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  • Charles    Oct 17, 2015

    My dear lenders,
    This is to confirm that I have received all the money in full that'd I requested. I now consider that my business is one step a head after buying the digital camera that my business so much required.
    Thanks and bye.

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  • Charles    Oct 15, 2015

    Dear lenders,
    I take this opportunity to thank you all who have accepted my request to loan me so as to enable me grow my business a step forward. I wish to confirm to you that I will try as much as I can t o repay the money in time.
    Thanks so much.
    Sincerely Charles.

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  • Charles    Oct 1, 2015

    Dears lenders,
    I wish to thank you all for the loan you granted me that I have just finish repaying. It did great to my business and now I can say I am a proud businessman even though it is still small but am now comfortable like never before. My shop is almost stable and with the loan I am now requesting, am sure will take me to a much better position. So please, with all due respect, I humbly request you to consider funding me again. God bless you all profusely.
    Thanks
    Sincerely
    Charles Metet

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  • Charles    Sep 9, 2015

    Dear Zidisha funders:
    I am writing to express my deepest thanks for your generous loan that I am almost clearing. Generous gifts from funders like you provide the financial and moral support needed to sustain and grow my business.
    With your faithful financial loan to me, you’ve demonstrated your deep commitment to my business of cyber cafe to serve my clients better as I improve my family welfare by the profit I make.
    Your support has repeatedly played a key role in success of my business and I am grateful for the trust you've placed in me.
    There is no way to fully express my gratitude for your loyalty. I and my family are continually inspired by the dedication and generosity of funders like yourself who answer the call to loan again and again.
    It is my hope that this small way of expressing may gratitude to you will help to communicate my very big thanks for your generosity. I look forward to a continuing partnership with you.
    Sincerely,
    Charles Metet

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  • Charles    Sep 9, 2015

    The reason is that the business is low as a result of ongoing strike by the teachers which I think it will affect the business as most of work comes from the surrounding school.

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  • Charles    Aug 28, 2015

    Hi! ZIDISHA lenders,
    Since I joined ZIDISHA my business has improved to an extend of earning extra 15% compared to previously before joining the ZIDISHA project.
    currently I do business comfortably and also my clients enjoys when they are attended with no delays due to availability of facilities bought by your funds to me. so, I thank you for your kind and warm assistance.

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  • Charles    Aug 19, 2015

    Dear ZIdisha lenders,
    I wish to express my happiness for the funds you made to me. The business is doing great. since I increased the goods in my cyber cafe, the customers increased tremendously since they get their jobs done well as a result of readily available materials in my cyber. Also, my profit has increased.
    So, receive my sincere thanks in plenty.

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  • Charles    May 5, 2015

    Dears Zidisha lenders,
    I wish to thank you all for the loan you granted me. I also wish to confirm the received of kshs.8,921.This loan has boosted my cyber business after purchasing the cyber materials at a whole sale price. It is doing great to me. God bless you all profusely.
    Thanks
    Sincerely
    Charles Metet

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