Flash and memory cards

Wisley

Kisii, Kenya

Funds disbursed

$0 to go

100% funded of $49 goal

0

days left

Entrepreneur

Name

Wisley

Member since

December 2016

On-time repayments

24 installments  •  50%

About Me

I am a Kenya youth a last born in a family of six of a peasant farmer where money is an issue with this economy of Kenya and a small enterpreneur willing to go beyond an extra mile to ensure good life in future. I anticipate for a good life in my future with good life for my kids which i did not receive from my parents.Am a graduate in logistics and supply chain management currently unemployed. A faithful young man with ability to create employment opportunity and willing to work to sustain a better life for my kids. I have this enterpreneurship thing in my blood ever since i heard or learnt about enterpreneurship in college it kept me awake and willing to persue it more and be a employment creater and not an employment seeker. though now money or capital is my main hinderance from persuing it to the end.

My Business

I own a movie shop in town. the main business is selling of movies i series to customers and sometimes songs and documentaries. This is the kind of business that many people have not ventured into so much in this place. The business starting capital for this kind of business is around 1000 US dollars based on the retailing market price. To start this kind of business you need a good desktop with nic7e speed(30,000),a hoofer for sound(10,000), a TV set 32 inch for display(30,000) duplicator for making copies(30,000),an internet connection(30,000 installation)blank cds (can start with 1 pack7,000), an extension(1000) ,rent (40,000 1 mont and 3 months deposit) and designing counter and poster (22,000).the daily average earnings from the shop range from 2,000 on a bad day to 5,000 on a good day thwt bring ms it to average of 3500 which adds up to 105,000 a month. and if you add more stock like flashes and memory cards there are chances of making more cash. it real is a good business and i love it

Loan Proposal

I will use the loan to acquire flash disks and memory cards so as to enable my customers to carry and watch their movies and songs along with them. With the advancement of technology nowadays customers like walking around with movies and songs in their mobike phones and others in their laptops and smart Tvs. Through this loan i will be able to add stock on the memory cards which enable customers carry their best songs along with them in their memory cards and in their mobile phones. Those customers who love watching hd movies love carrying their movies with flash disks and this has made many of my customers demand more fkash disks and memory cards. through the loan i will be able to stock the flash disks and memory cards and hence retain my customers against my competitors. i could like to excel and stand out on my competitors

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$49.00

Date disbursed

Dec 13, 2017

Repayment status

Late

Projected term

2 months

Lenders

Gabriel Fenili

Santo André, Brazil

Ren

Minneapolis/StPaul, United States

HCPSPIRIT

Helsinki, Finland

Paul Buchheit

Mountain View, United States

SW

Sean Walsh

United States

L

Lily

United States

CH

Christian Holck

United Kingdom

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