Listing image gallery
Cybercafe

Cybercafe equipment upgrade

John DoeJ
EntrepreneurIsaacLocationVoi, Kenya
Project status
100%funded
$24raised
Disbursedon August 24, 2024

My name is Isaac, born and raised in the western region of Kenya, bordering Uganda. My early schooling, both primary and secondary levels were in the western region. I have always been a practical oriented person from an early age, trying several business models since childhood. After my University education, i had a short stint at employment, but instantly felt that it was not meant for me. I then embarked on several attempts at a number of business ideas, including freelance sales, a service provider as a technical support personnel in the field of broadcast, telecommunication and ICT and consultancy in business development. Everything was looking up until COVID came around and the business curve was totally flat. I had to rely on my consultancy and ICT skills to communicate with clients online as i saved up whatever i made while brainstorming on a way forward. By then, i lived in Voi a coastal town in Kenya.

I am seeking equity financing to grow a student hostel business, which caters to the growing demand for affordable, comfortable, and secure students accommodation. I aim to raise the capital needed to drive my growth and enhance my offerings.

The students housing market is rapidly expanding, fueled by increasing enrollment in higher education. My hostel addresses a significant gap by providing well-designed, budget-friendly accommodation, ensuring high occupancy and steady demand.

I generate revenue through long-term and short-term rentals, with additional income from services like meal plans and laundry. My strategic location near a recently elevated national college, vibrant community atmosphere, and smart technology integration makes my hostel highly attractive to students.

The capital raised will be used to acquire and upgrade facilities, increase marketing efforts, and enhance my technology platform, driving growth and profitability.

I run a cybercafé in the heart of a busy neighborhood, a place where students, professionals, and gamers connect, create, and collaborate. I am already seeing steady demand, but to truly capitalize on this momentum, i need to scale. That's where you come in.

By backing my business, you're not just providing capital—you’re becoming a partner in my success. Your investment will allow me to upgrade my technology, expand my services, and create an even better experience for my growing customer base. I am committed to delivering strong returns, and as an important contributor, you’ll endeavor being a blessing to a brother.