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Lynus

Olenguruone, Kenya

100% repaid

Entrepreneur

Name

Lynus

Member since

February 2017

On-time repayments

12 installments  •  50%

About Me

I was born in the year 1990
I went to school here in kenya. Both primary school and secondary school which i cleared in the 2009.
I joined college in the year 2011 but did not manage to finish due to lack of school fees. I dropped out a year later.
My passion for music and technology helped me gain a few skills in DJaying. I would go be a DJ at night cubs in Kisumu Town where i lived while in college. The money i got i would use it to pay for my house rent and save some for food and other needs.
I saved enough to start a business and managed to buy one dairy cow at my home village. The cow produces 5Litres of milk which i sell to the nearby farmers society cooling plant. From the money i got i managed to start a small cyber cafe a year later. So i manage the cyber cafe and the cow at the moment. Though lots of funds is still needed for my cyber since i still lack alot of equipment.
The unique thing about where i come from is that it has very fertile soils, heavy rains throughout the year, and large junks of virgin lands.
I have a one year old kid who is set to join school next year.
My hobby is listening and playing music. With my dj skills, some times i am hired to go play music at functions and get paid.

My Business

In my dairy business i just have milk for sale.
In my cyber i offer services such as, photocopying, scanning, lamination, binding, internet services and
instant photos.
These goods and services are on demand because most tasks are done online, and since its a small village, there is little competition.
My costs mainly come in from the goods and materials i purchase. My revenue is from the income of both businesses.
The profits i save some for my kid who starts school next year and also to expand my business.

Loan Proposal

I will use the loan to acquire more materials and equipment required to run the business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$5.00

Date disbursed

Feb 22, 2017

Repayment status

On Time

Projected term

6 weeks

Other loans

Lenders

The Zinc Team

San Francisco, United States

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