Capital boost

Entrepreneur

About Me

My name is Joseph Oumah Okelloh. I am Kenyan 30 years of age, I am currently living and working in Nairobi as data operator. Growing up life was never rosy, born to peasant father and mother in the remote sides of western Kenya. This was largely to the size of my family that is six brothers and one sister and also due to meager resources that was at the disposal of my folks due to their occupation. That though did not deter from achieving my goals to life. See, I only believed that the way out of my predicament was only education. With that in mind I embarked on journey that I one day believed will not only elevate me but also my family from the shackles of poverty. Well looking back now i can see the progress I have made so far but I wish to achieve more because I am yet to complete my college education. My goal is to attain a masters degree in economics but as things stand right now that dream is quickly fading away due to financial restrains.

My Business

I am currently employed so the main source of my income is the monthly salary that my employer accords me for the services I render to him. I also co.own a movie rental store with a partner. The main service is to avail the latest movies and television series to our clients at fee. As we both now entertainment and recreation is crucial part of human wants that's why our services comes in handy to quench this want. We chose this kind of business because the demand for recreation is high, the operating cost is low and largely because the returns are high. The typical cost associated with this business are; the rental costs, electrical bills, transport cost and most important the re.stocking costs. Revenue comes from the rental fee that our clients have to part with to enjoy our services. I channel my profits to my education kitty.

Loan Proposal

I own a business that cosists of music and movies hearby, request for this loan due to some request , My main intentions to apply this loan is to boost my capital by buying dvd writtters,duplicators and blank cds to cope up with high demand, increasing my sales in the process, this will result higher profit margin

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