Michael
Kibarani,kilifi County, Kenya
100% repaid
Name
Michael
Member since
October 2012
On-time repayments
192 installments • 79%
I am a young parent of two year baby girl, I hold a diploma in computer engineering I started this cyber shop after realizing that it would work proper and cater for my life expenditure for my wife and the baby plus two kids a boy and a girl whose mother passed away in the year two thousand and nine who was my dear sister and left a will that I should take care of them as she is the one who catered for my education from primary level up to college. And as in the area there was no cyber shop.It is profitable as I make more than a thousand a day only from the cyber and around two thousand shillings a day from the electrical goods that I sell hence making a net profit of two thousand a day.
I run an electrical shop plus a cyber cafe under one roof.The demand is high because all most of the Pwani university students use my shop as it is the nearest cyber shop. I do not hire anybody to service the machines as I do it by myself.I normally make more than five hundred shillings as net profit a day. And one thousand shillings as net profit a day from the electronics.Given a loan I would add an 80 GB CPU machine for efficiency and speed and to enable accommodate more than eight people,hence more profit .And I would be in a position to cater smoothly for my two orphans who are in school.I have been assisting zidisha clients in my cyber at a low costs or free of charge.
I will use this loan to buy an Epson printer worthy USD 400 . This printer will help me so much as I have bulky work to print early January. I have been awarded a tender by a politician due to the by-election to be held in the end of this January and I would wish to produce posters that will automatically advertise my cyber. The remaining amount will be used to color the wall of my cyber so as to look neat. This tender will help me in repaying my loan without any problems. Thank you so much as you prepare to fund me once again.
wish you a happy new year of 2015.
Positive
14
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$470.00
Date disbursed
Jan 4, 2015
Repayment status
On Time
Projected term
3 months
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Ahadi Mar 12, 2018
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