Michael

Buru Buru, Kenya

100% repaid

Entrepreneur

Name

Michael

Member since

July 2013

On-time repayments

188 installments  •  1%

About Me

I am a 25 year old male Kenyan citizen. I come from a family of four, three boys and one girl. I reside in Nairobi Buru Buru near Harambee Primary School House Number 3 Plot Number 21.
I have my own business by the name Mike’s Entertainment.
I deal with selling movies, printing, photocopying and editing of documents.
I hold a Diploma in Telecommunication Engineering which I completed last year.
Instead of being idle while tarmacking for a while and not securing a job in formal employment, I choose to follow my passion in movies and thought it wise to incorporate business in it. It proved to be a success.

My Business

Mike’s Entertainment is the name of my business. I sell latest movies and music in either c.d's or dvd's. Also, incorporated in the business are printing, photocopying and editing of documents services.
Many people especially the youth prefer my goods and services because I deliver what I say. I am up to date with current trending hits and movies which is a key drive in this business. I ensure my customers always find what they are looking for. I don't give room to saying "No we don't have". Through this, I have been able to secure and attract many more customers.
The risks involved include having distorted dvd's or cd's such that a customer can not be in a position to see the content of what he or she has bought which can easily turn away customers.
I am licensed and I don't do piracy at all, at all.

Loan Proposal

I will use my loan as follows:
Ksh. 3500 to purchase an uninterrupted power supply. This is because the frequent power surges have caused me serious damages with repair costs. I recently repaired my desk top computer that had its power supply burnt.
The remaining Ksh. 4500, I will purchase an extra movie duplicator. This will ensure efficiency at my work place and also faster services.
Please fund my initiative.
Thank you

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Aug 12, 2013

Repayment status

On Time

Projected term

12 months

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Ask Michael a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Paul    Dec 10, 2014

    Dear Lenders,
    Today some payments will be posted. I will confirm to you in the evening, Kenyan time.
    Thanks.

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  • Paul    Nov 4, 2014

    Dear Lenders,
    I am currently out of the country but will b back hopefully by Monday, I will keep you updated immediately I return

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  • George    Oct 14, 2014

    hello mike i have applied for a loan and its not been funded yet? ant tips on how i can speed up things?

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  • Michael    Sep 19, 2014

    Dear Lenders, I have opted to reschedule my loan. I will commence repaying as soon as in the next few coming days. I have a rather personal issue which has greatly been the cause of this. Kindly bear with me as I work extra harder to ensure that this doesn't happen in the near future. I highly appreciate your assistance and what you did for me. I promise not to fail again.
    Regards,
    Michael

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  • Paul    Jun 24, 2014

    Dear Lenders,
    Michael's loan has been cleared in full.
    Let's now await Zidisha to update the website.
    Thanks.

    Paul

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  • Michael    Jun 24, 2014

    I want to offset my loan in full and also mend my repayment schedule. I have managed to grow beyond my business and saw it as wise to share this good feeling with you by repaying earlier than scheduled so that you lenders can also assist other well deserving people at large.
    Also, having secured better business ideas and strategies, I plan to venture into more opportunities that will lead to significant growth.

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  • Paul    Mar 23, 2014

    Dear Lenders,
    Michael has sent some repayment. Now lets await for Zidisha to update the website

    Thanks.
    Paul

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  • Paul    Dec 11, 2013

    Dear Lenders,
    I have contacted Mr. Kariuki today and as we agreed he has repaid his loan today for two months, that is November and December. He is now awaiting Zidisha to update the website. Thank you.

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  • Michael    Sep 24, 2013

    Dear Zidisha lenders,
    I have opted to reschedule my loan because I recently bought two duplicators and power supplies. Thanks to Zidisha, I have been in a position to expand my business. I also have employed two employees and Mike's Entertainment is really growung Thanks to Zidisha.
    I will repay my loan in full to enable you to help others where you gave my assistance.
    Please accept my request, I will honour my words

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