Entrepreneur
Name
Gideon
Member since
January 2015
On-time repayments
244 installments • 34%
About Me
I am Gideon Wanjohi Ndegwa , 31 yrs of age , male by sex. I come from a humble background.My parents practice farming.
My education was faced with challenges to poor background.I was forced to work part time jobs and attend classes at the same time. Thanks to zidisha i was able to borrow two loans which have played a significant part in my economic empowerment.
My has has been full of challenges and was forced to take an academic leave of two semester when i was pursuing my undergraduate degree. I started my business through the help and mentor ship of zidisha. I reside in kenya and currently people have embraced western culture and entertainment. I like reading , watching movies, traveling and swimming during my leisure time
My Business
Thanks to zidisha loan i have been able to open up a new business. I opened up a movie business in Nairobi Embakasi area along north airport road. I sell movies and entertainment materials. The profit accrued from the business has enabled me to register for my masters degree (masters of arts in international relations and diplomacy. Kenyans currently are watching movies and i decided to open a movie shop. The typical cost are electricity, rent,materials, licenses and transport.
Loan Proposal
The loan is meant to increase the stock in my shop.I am planning to buy 10 decoders @$10each,5 grid aerial for $40 and the rest $10, i will purchase mobile accessories.The items are very vital and will help many kenyans in my town because we have migrated from anologue to digital platform. Most kenyans are rushing to buy the decoders so that they can enjoy digital network.Due to the high demand of the decoders, im speculating my business will increase in sales and be able to help many kenyans in rural areas who have no digital tv connection.
I am hoping to boost my profit margin to$ 8 to $10. I planning also to go back to class and and do a course in networking(cisco).The loan will also go long way to help help my siblings education.
Please consider my application.God bless you,.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$187.00
Date disbursed
Jul 27, 2015
Repayment status
On Time
Projected term
35 months
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