A duplicator to my movie shop

Stephen Wangecha

Nakuru Bahati Scheme, Kenya

100% repaid

Entrepreneur

Name

Stephen Wangecha

Member since

July 2014

On-time repayments

43 installments  •  51%

About Me

My self.
My name is stephen wangecha Kinuthia , Am 26 years old. Am married and blessed with a baby boy. I started primary school in 1996 To 2003,And thats when i joined secondary school in 2004 to 2008.i passed well in my secondry education but due to luck of money i never had a chance go further with my education. I used to save money by doing simple jobs and in time i had saved enough to start my own busness. I set up a video shop where i started selling movie cd's and dvd's. Id like to ask for a loan So i can grow my busness bigger and make it a video show and shop,So ill be selling cd' and showing movies.

My Business

About My Business.
My Business is located at Karunga shopping centre known as Steves Vedeo Shops. I sell dvds and vcds in Wholesale and retail, I also show video to demonstrate my dvds vcds and to entertain my Customers. I Manange to make an approximate profit of Ksh. 800 per day and I collect more than Ksh1500 in weekends . This give an average profit of Ksh. 25000 equals to $300 per month. I pay school feees for my son and I support my family and boost my Wife shop and our dairy bread. Thank you zidisha organizations and lenders.

Loan Proposal

I am stephen wangecha,married with one child. I live in a place known as karunga centre where i have set a business shop of selling dvd's and cd's. Karunga has so many youngsters who are so much into entertainment,they buy cd's and dvd's in lots and so by doing business isn't that bad. Despite of all that,i have a challenge of where i duplicate my cd's and dvd's,it costs alot and somtimes i find it defficult to buy more stock. I would like to ask zidisha lenders for a loan so i can buy my own duplicator.The duplicator will enable me to save more money and have more stock of cd and dvd's, and i know my business will run smoothly. Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$61.99

Date disbursed

Sep 4, 2014

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Lender interest: $61.99 at 11.89% annual rate over 1 month = $0.85

Service fee: $0.27

Lenders

C

cjmenchaca

Austin, United States

calvero

Bergen, Norway

Sarasota

Sarasota, Fl, United States

T

thebonseung

Republic of Korea

Matching Fund

Sterling, United States

S

stryker75

United States

LouisB

ZIDISHA, Mozambique

J

JessicaAna

Maputo, United States

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