Name
Alfonce
Member since
February 2018
On-time repayments
25 installments • 92%
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.
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.
First and foremost am so grateful for this opportunity, I would like to request for a loan of 12 dollars to help me buy blank DVDs for my movie shop, I'll get 100 pieces then I'll sell them all together at 50 dollars, after I deduct all the expenses I will incur ill remain with a profit of 20 dollars, I'll use this amount to settle the loan and safe some for my other basic needs.
I hope you will fund my loan.
Thanks and my God bless you.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$10.00
Date disbursed
Feb 8, 2018
Repayment status
On Time
Projected term
4 weeks
Other loans
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Margaret May 24, 2018
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