I want to purchase a 24inch tv and a dstv decorder
Kioko
Mekilingi Village, Kenya
100% repaid
Entrepreneur
Name
Kioko
Member since
May 2017
On-time repayments
124 installments • 22%
About Me
I am Kioko Mutua,a 28year old Kenyan.I live in yatta in machakos county,eastern Kenya.I was born and brought up in poor background,a factor that made me a fighter since I had to learn to struggle to survive.I was taken to mekilingi primary school and went through my primary education up to 2006 and I managed a B+ thus getting admission to a secondary school.I joined mekilingi secondary school in 2007.Due to the poor background I came from,getting school fees was a problem and I had to take five years in secondary school because of the constant sendoffs for school fees.At my second year of study I resolved to charcoal burning and livestock keeping to raise my fees and it really worked.I managed to sit for my kcse in 2011 and managed a B+ which earned me admission to the university.I also have two siblings who depend on me to for their education in secondary school,this made me differ my studies to help them first complete their secondary education.zidisha has been greatly helpful to me. I started a business of showing soccer matches and video tapes at a fee and with zidishas help I am managing.Through your help I am expecting an expansion of my business and I am intending to open more branches in order to increase my income.
My Business
I noticed the high number of football fans in my local market and the long distances they were covering to watch soccer matches especially the English premier league and decided to start my own theater to show these matches.I charge a fee of $0.50per head and my torn over is always good raising a minimum of $30 per match.in a good month I do make at least $240 which I use to pay my sisters`school fees and save for my studies.
Loan Proposal
I will buy a 24inch TV set and a dstv decorder to help me air live matches at a fee of kes.50 per head.an estimated turnover is a minimum of 30 people per match which gives about kes.1500 per match,with two matches aired in a day.(saturday and Sunday ).This will give a reasonable return of about kes.24000 a month which will help me repay the loan and save for my university fees
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Loan Info
Project Type
Classic Loan
Disbursed amount
$3.00
Date disbursed
Jun 27, 2017
Repayment status
On Time
Projected term
3 weeks
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