Buy fridge,hardisk add seats in my movie library

Jairo

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Jairo

Member since

December 2014

On-time repayments

268 installments  •  53%

About Me

My names are jairo wainaina from kiambu county a small village called kwambira, Am a member of a family of five, i went to muguga high school, i did not further my education due to financial stability so i became idle and kept watching movies all day.
I began accompanying my mother to farm and for many years i could feel hopeless and disappointed about my life,
One day a project named " kazi kwa vijana"was aimed at clearing bushes and repairing roads offered me employnent, i managed to save money which i used to start a small movie shop.
My hobbies are watching, Lots of friends come to borrow movies at my home so i found the need to start the business,
I like dancing singing and playing guitar, Am also into interior decorations.

My Business

My business "jairo movie shop" is a small growing movie shop where i sell movies do photocopy sell phone accessories,design wedding cards and repair phones,printing services.
The business is fast growing, i need more capital so to invest more and double my profits.
My area is a small shopping center where lots of youths like to watch movies play station games and using the internet chatting or social media, this made me realize a demand in movies and phone accessories due to advanced technology,
my cousin who works as an attendant in the shop also repairs phones so a customer can purchase a spare and fix his phone in the same place,people take pictures passports and also photocopies,
I make a profit of 200 to 400$ a month and use it to pay rent pay my cousin salary buy food and add more accessories in stocking the shop.
With ideas from other business men and friends whom are older than me in business i have been able to to now divide the shop into two and subdivided a small section for play station games room due to customers demand.

After buying a printer and introduction of snacks i now make an average of 380usd and sometimes it gets to 450usd this is a profit a increase of almost 150 usd in my total income on a monthly record analysis.

Loan Proposal

first i would like to thank GOD for making it possible for me to pay my first loan successfully then thanks to all lenders and the zidisha family for the financial support they gave to me which as remarkably turned my business in months time.
due to increase in sales,customers and advice from one of the lenders Mr flaguy if i get this loan i will use the funds 100usd to buy a small fridge sum up the remaining amount make it 120usd use 20usd to construct a bench 30usd to buy drinks sodas,and 70usd to buy a one terabit external hard disk which will enable me update my movies weekly.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$132.00

Date disbursed

Mar 3, 2015

Repayment status

On Time

Projected term

6 weeks

Lenders

G

GalantnostS

Hong Kong, Hong Kong

investor

Candiac, Canada

P

Philippe

Adliswil, Switzerland

DeanDropshot

Oslo, Norway

jmorris

Boston, United States

Zidisha

Sterling, United States

C

CrazyCanuck

Nepean, Canada

Jouni

Finland

McJulio

New Jersey, United States

ads68

Melbourne, Australia

F

flaguy999

Tampa, United States

T

thebonseung

Republic of Korea

Paul Buchheit

Mountain View, United States

mepster

San Francisco, Ca, United States

KM

Kirsty M

United Kingdom

MW

Matt Willis

United States

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