Entrepreneur

About Me

I Mohamed Said Mangale I am married and I have one baby boy, he is 3years old and he is KG1 at Majaoni Mission Academy based here in mtondia kilifi-kenya,
I learnt at Mtondia primary school and managed to complete my primary education in 2003, thereafter I didn’t have the cash to go to secondary school as my parents are poor. I decided to hassle for a capital so that I could open a small business. I have in this video show business for about 7 years now.

My Business

I choose to open Video Show because I was once employed at a Video show in Mombasa whereby I gained an experience of doing that business. I started wishing and praying to God that one day I could open the same job of my own.
I managed to open the business in Mtondia whereby people like my video because of the selection of the movies and many of them are my friends we grew-up together play together and some studied together.
I thank God that I am getting my daily bread and a small profit of kshs300/= to kshs400/= per day.my monthly sales is about kshs 12000 and my expenses is kshs 3000.this has a profit margin of about kshs 9000 which I now plough back into the business.This is also enough to pay my loan on time.my greatest desire is one day to open up a very big video show that can be used by about 500 people at a go.

Loan Proposal

I will use the cash to expand my business through installation of DSTV which will cost about kshs 20,000.I will also the cash to buy more benches for my customers.This shall cost about kshs 5,000.Then i will also add latest action movies,bongo movies,Indian movies and nigerian movies.This shall costs kshs 10,000.This is enough to make my business boom and hence make profits.

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