Buy blank dvds and packaging materials

Derick

Nairobi, Kenya

97% repaid

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How it Works

Entrepreneur

Name

Derick

Member since

August 2017

On-time repayments

94 installments • 49%

About Me

Am Derick kavai mwashi. Am 23 years old I was born in sabatia western province but currently I live in Nairobi this where I own a small movie shop along side going to school. I come from a family of 4, i am the third born. After completing high school I joined Tuk University in Nairobi where I study hotel management, it's taken me a while to complete this course because of limitations of finances. Since I have other siblings who are also in university and we all depend on our parents.
I decided to started this business to lessen the burden my parents had. That way am able to take care some of my bills like my hostel fees feedings and a few other things.

My Business

I own a movie shop and I have done this business for the past three years. I started this business in order to give a helping hand to my parents who at times struggle to meet our financial needs.
I usually attend to my business after classes and weekends and most of my clients are my school mates so most of the time I do make deliveries to them while at school.
The challenge that I face mostly is the capital to buy blank DVDs. Since my whole business depends on the availability of the blank DVDs.
At times a lose clients due to lack of DVDs and this is a challenge I would like to overcome and be able to have DVDs that can cover me for a long time.
In a month I make an average of kes 25000. I use this amount to pay for the rent of my business premises and the electricity bill. Then the remaining amount I use it to pay some of my bills and also make sure I do a little savings even if it's 200 this comes along way sometime.

Loan Proposal

Dear lenders, I would like to thank you for the first loan. It was helpful to me and it helped me operate my business smoothly. I would like to request for a new loan, this time I will buy more blank DVDs and material to pack them for quality delivery system.
I hope you will fund my loan and thanks for giving me this opportunity.