Name
Wisley
Member since
December 2016
On-time repayments
24 installments • 50%
I am a Kenya youth a last born in a family of six of a peasant farmer where money is an issue with this economy of Kenya and a small enterpreneur willing to go beyond an extra mile to ensure good life in future. I anticipate for a good life in my future with good life for my kids which i did not receive from my parents.Am a graduate in logistics and supply chain management currently unemployed. A faithful young man with ability to create employment opportunity and willing to work to sustain a better life for my kids. I have this enterpreneurship thing in my blood ever since i heard or learnt about enterpreneurship in college it kept me awake and willing to persue it more and be a employment creater and not an employment seeker. though now money or capital is my main hinderance from persuing it to the end.
I own a movie shop in town. the main business is selling of movies i series to customers and sometimes songs and documentaries. This is the kind of business that many people have not ventured into so much in this place. The business starting capital for this kind of business is around 1000 US dollars based on the retailing market price. To start this kind of business you need a good desktop with nic7e speed(30,000),a hoofer for sound(10,000), a TV set 32 inch for display(30,000) duplicator for making copies(30,000),an internet connection(30,000 installation)blank cds (can start with 1 pack7,000), an extension(1000) ,rent (40,000 1 mont and 3 months deposit) and designing counter and poster (22,000).the daily average earnings from the shop range from 2,000 on a bad day to 5,000 on a good day thwt bring ms it to average of 3500 which adds up to 105,000 a month. and if you add more stock like flashes and memory cards there are chances of making more cash. it real is a good business and i love it
i will use the loan to add blank cds to my movie shop that are currently retailing at a higher price than previous and are projected to increase with the current political situation in the country. the loan will enable me stock to avoid frustrating my customers.
Positive
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Neutral
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Project Type
Classic Loan
Disbursed amount
$28.00
Date disbursed
Oct 20, 2017
Repayment status
On Time
Projected term
6 weeks
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