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.
First and Foremost tank you so much for giving me this second chance of loan application. I will use this loan to buy a computer of five hundred GB, which will help me run the cyber with NO delays . The rest of the computers will be depending on the server that I will buy after getting this loan which will cost me USD 341.934 . And the remaining amount I will use it to market my business in the pwani university which is a kilometer from my shop.
God bless you as you prepare to fund me.
Thank you so much.
Positive
14
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$493.00
Date disbursed
Apr 3, 2014
Repayment status
On Time
Projected term
4 months
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Ahadi Mar 12, 2018
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