Cds ,vcds & memory cards for movie shop
Samwel
Nogoi,kiserian, Kenya
100% repaid
Entrepreneur
Name
Samwel
Member since
December 2015
On-time repayments
52 installments • 81%
About Me
Thank you.
First while as a child born and brought up just like any other child in the rural community set up,i was taken to school where i grew up as a responsible child while helping my parents with their domestic activities like cultivation and fetching fire wood as well as water.when i finished primary school,i proceeded to secondary education and completed successfully.Troubles started when all of sisters and brothers became a burden to my parents.There was little resources and my parents were peasant with some times resulting to doing old jobs to make ends meet.This made hard for me to proceed to any technical training to get skills for employment.I wasted a lot of time waiting for any opportunity but all my effort proves futile.I decided to go to the nearby town to look for old jobs in order to be independent.Later after sometimes,i was called by my brother in Nairobi and promised to help me get something to do as a job.This didn't work.My brother operates a Movie Shop.I used to help him in his business until when became conversant with business.My brother helped me to start my own Movie shop and to today i am to have a good income generating business that i do in town while fully independent.What is unique about the land i stay is that community uphold and respect the contributions people make towards making a sustainable social and economic welfare.My children would like to be well educated and brought up in a better way possible as a responsible future citizens.
My hobbies are helping people realize their potential and how they can positively contribute to the society.
My Business
Well,as i have mentioned earlier,my business i selling all movies and series CDs & VCDs.I also sell memory cards and a few electronic accessories.These products are an all year on demand simply because they are for entertainment and comfort.Everyone would want to listen to new music,soothing Gospel songs and watch even the latest movie in the market.I remain most current in my movies and music CDs & VCDs.This puts my business and products on a all year on demand.I choose this business because i have a special interest in entertainment and i loved the job as well as making a good profit out of it.My typical cost are buying CDs & VCDs both music and movies/series to sell to my clients.I also incur cost of electricity and rent.I also buy memory cards and accessories for sale.Mostly my profit goes towards meeting my bills ,adding my stock of products and helping my parents back home.
Thank you.
Loan Proposal
Once i get my first loan, i will buy CDs for USD 16.00,also in the list will be VCDs at a cost of USD 14.00.On memory cards, i will buy new ones at a cost of USD 22..00.
These are the fast moving products that will make me have an opportunity to have all what my current will ask.They will be happy to have all that they need at a one stop point.On the other hand,my profit will increase considerably from my current USD 50.00 to 80.00 per week.This will make a big deference to my life and to those who depend on me.My future business is even to add a Cyber to the business for maximum profit.
Thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
Dec 21, 2015
Repayment status
On Time
Projected term
7 months
Other loans
Lenders
United States
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