Black dvds and new stock of movies

Alfonce

Nairobi, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Alfonce

Member since

February 2018

On-time repayments

25 installments • 92%

About Me

Am Alfonce Njiru, 23 years old am a part time student at Kenyatta University and a business owner. I come from mbeere, from a family of 4,a brother and two sisters, my role models in life are my parents, they thought me the importance of hard work, honesty and being trustworthy. I carry this values wherever I go, am thankful to God for every thing he's done for me and seeing me through some tough situations, as a family we've had our downfalls but my parents thought me that it doesn't matter how many times I fall but how many times I get up.
currently am a part time student, I wouldnt be a full-time student due to financial challenges, I have other siblings who depend on my parents so I had to consider their situation. For that reason I decided to start a small business which helps me carter for my basic needs and give a hand in my tuition fees as well.

My Business

I run a small movie shop, both retail and online, for my online platform I depend mostly on Facebook to get my clients. I also sell to some of my schoolmates have helped me advertise my products to their friends, all I got to do is be on top of my game, make sure I have fresh movies ontime this helps me maintain my clients.
I buy blank DVDs which I use to duplicate movies at 12 dollars for 100 pieces, the I sell a DVD at 0.5 dollars, I make 50 dollars from the whole pack after I take away all the expenses I incur i.e Internet, transport, packing and dvds I make a profit of 20 dollars,
I would like to add more services like printing and mobile money transfer services, this will help me earn more income to help me improve my situation.
I sincerely hope that this platform will help me achieve that.

Loan Proposal

i would like to apply for a loan of 24 dollars to help acquire a new stock of movies and also get blank dvds for duplicating, i intend to use 15 dollars to get blank dvs and use the remaining 9 dollars to get a new stock of movies, schools are on break so my movies will be on demand since the guys at home will need something to keep them busy, i hope you will help me achieve this. thanks in advance for your support and may God bless.