Cyberplus

Charles

Athiriver, Eastern, Kenya

100% repaid

Entrepreneur

Name

Charles

Member since

January 2017

On-time repayments

48 installments  •  40%

About Me

My name is Charles Mutinda a 37 Years old male who has been running a cyber cafe in Mlolongo Township since 2013. I have grown my business through SME loans from Zidisha to where I am today. I have bought a digital camera and curtains for laying photo backgrounds for the last years courtesy of Zidisha lenders.

I am foreseeing my business grow to a stable middle income cyber over the next two years. Currently I am working on a project to buy a copying machine that can do bulk copies fast and clear images.

I am therefore working to foster a long-term partnership with loan lenders who offer ease repayment periods like Zidisha to enable meet my financial needs with less strain.

My Business

I am in cyber cafe business and would like to raise funds to buy a HP color printer for my printing business.

The expansion to this business will increase my daily sales by 15%. I have already set aside KES10,000 for the purchase and working to raise additional KES5,000 before end month.

I am therefore seeking your financial assistance towards achieving my goals and I commit to repay timely on weekly basis.

Loan Proposal

My ambitions is to set up a instant Photoshop and passport photo business. I have set up the wall curtains and in my last lap in purchasing a digital camera. i therefore ask for your assistance in realizing my business dream.

This new venture will give my business a boost of 20% daily sales and I am planning to expand the business gradually since this gives me humble time as I manage other entities in my premises.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$16.00

Date disbursed

Jun 8, 2017

Repayment status

On Time

Projected term

7 months

Other loans

Lenders

PG

Paul Graham

United States

AK

Achim Königs

Bonn, Germany

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Melissa K

Portland, Oregon, United States

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Jane

California, United States

Ask Charles 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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  • Charles    Feb 12, 2019

    I have grown my business through SME loans from Zidisha to where I am today. I have bought a digital camera and curtains for laying photo backgrounds for the last years courtesy of Zidisha lenders.
    I am foreseeing my business grow to a stable middle income cyber over the next two years.

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  • Charles    Dec 1, 2017

    Business is down

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  • Charles    Sep 7, 2017

    Business has been adversely affected by elections in Kenya. Thoug slowly picking I expect to resume payments on Monday 11/09/207

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  • Charles    Jun 15, 2017

    Dear leaders,
    I wish to acknowledge that I received KES1589 as amount of loan that you gave me.
    I bought a digital camera for my business and am progressing on well.
    Thank you very much for your help

    Charles Mutinda

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  • Charles    Jun 7, 2017

    I take this great opportunity to thank all my lenders and Zidisha team for your quick and generous response to my loan request. This amount will enable me purchase a digital camera and expand my business to passport photo business.

    Once again, thank you very much.

    Regards
    Charles

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  • Jane    Jun 6, 2017

    Good Luck Charles, we hope your Cybercafe will be great! God bless you :)

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  • Charles    May 11, 2017

    we are experiencing difficult times in our business

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  • Charles    Feb 3, 2017

    Dear lenders.
    This is an acknowledgement that I received the principal loan amount of 1,589 KES (16 USD) as at 2nd February 2017. This morning, I purchased two set of colored curtains in readiness for the Instant Photoshop Business.

    I am greatly appreciative of your financial assistance.

    Thank you.

    Regards,
    Charles Mutinda

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  • Charles    Jan 31, 2017

    I take this opportunity to thank all my lenders for the kind support you accorded me towards achieving my dream in expanding my business. I promise that I will not let you down in my obligations in timely loan repayments

    Once again, I am very grateful.

    Thank you all,

    Regards,
    Charles Mutinda

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