Incorporating M-Pesa services into my cybercafé

Entrepreneur

About Me

I am Lousiana Nduguli From Busia County Western Kenya. Am twenty two years old and I completed my O- level education in 2012, thereafter I decided to venture into business. I started my cyber café with only one computer as I ploughed back the profits back to business, currently I have four computers and am planning to even expand further and diversify my business, I earn a living from my business and even able to support my parents by paying fees for my three younger siblings.
There is an upsurge demand for computer and internet services and am planning to add an extra two employees in the near future to meet the escalating demand, but mean while I have decided to concentrate with one employee whom I have worked with since last year.
There is a guaranteed demand for this internet services because of the strategic location of my business which is located near a local University to be in specific KCA University and two primary and Secondary schools respectively.
As business person my greatest challenge has always been lack of adequate capital for expansion but I thank God with Zidisha loan nothing is going to be impossible.

My Business

I run a Cyber café business, I have one employee and three computers, one printer, Laminator etc. My business is located strategically between primary and secondary schools and above all its adjacent to KCA University, Most of my clients are students from the nearby institutions and Government officials stationed in Amagoro, Since I started my business I have managed to expand gradually i'e from a single computer to the current four computers.
Yes competition is what makes us to do extra work to improve on service delivery. When I got my first loan from you guys, I managed to acquire a camera which really improved my business performance; it increased my profitability, with increased revenue I managed to plough considerable portion of my profits back to the business. I paid my loan on time, I thank you for that wonderful support you gave me. I have managed to increase my market share of my cyber café business and as we are speaking am a dominant player in Amagoro Area. In future am planning to Inco-operate and include financial services like Mpesa. I know with God everything is possible.

Loan Proposal

Thank you very much Zidisha family for the great work you are doing across developing countries across the world, if not for you I would where I am today.
Your loan has been instrumental to the growth of my business, I started just with a single computer and one printer. Currently I have six computers two printers, a camera, laminator, binding machine just to name a few.
With the loans you gave me and my ability to always plough back good percentage of my returns to the business has really helped me.
In the business world we always have challenges, and challenges usually make us stronger and also enables us to be innovative and creative, few months ago my revenue share dropped abruptly, hence I did my own analysis and realized the speed of my internet had dropped significantly, I decided to acquire the service of a different company though expensive but it was much better. In few weeks’ time my clients were back, in fact I attracted other customers from my competitors due to superb internet services I was offering.
This time around I want to expand my business to include M-pesa. (M-pesa is a financial kind of business that includes transaction of cash from one subscriber to another through the phone, it’s almost like PayPal, though PayPal is internet based). My strategic location to Institutions and Government building gives me an added advantage for this kind of expansion.
It will cost Ksh 40,000 ($400) to acquire an M-pesa Line. I already have Ksh 23000 ($230) from my savings and am planning to top up Ksh 170,000 ($1700) from the loan am requesting from you guys.
This Mpesa business will increase my profits by Ksh 12,000 ($120) per month, a reasonable income to clear your loan with much ease.
Kindly keep supporting me to achieve my dreams, am forever grateful.

Cheers

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