Entrepreneur
Name
Eddy
Member since
August 2013
On-time repayments
10 installments • 60%
About Me
I am a university graduate with a bachelours in becom finance option i am interested in enter prenuarship thats the force towards my current business iam a resident of Nakuru. I have seen Nakuru town growing economically and become one of the most attractive centre of business. Am lucky to be one of the people experiencing this phenomenon.
I come from a family of four My parents introduced me into business world when i was a young person. When i become of age it was just natural that i start a small business. This is my third year since i started running the business.
Gradually , am happy that the busines has started picking and am able to make some profits. Through my profits am able to reinvest and the remaining , am able to buy and maintain my daily life.
My Business
I run my own business and its going to help me repay the loan.
I run a Movie lending , burning of movie ,CD printing and writing , selling of CDs and DVDs. Most youth like watching movies , indeed my own research has shown me that every of out of 10 youth , 4 watch a movie every day.
Customers prefer my movie shop as i always serve them fast and the quality of my movies are always very good. My business is profitable and i have been able to reinvest some of the cash into the business.
the only risk to the business is as i can not serve as many customers as possible , some of them go to my competitors.
My monthly revenue after i have paid my bills is between Ksh. 20,000 to Ksh. 25,000.i intend to use the profits from my business to repay my loan.
Loan Proposal
i wish to thank you for your consideration for accepting my loan request first i wish i will use the loan to add some DVD stock to my business this will help me not to interfere with my profits on buying next i will add another dvd rom thus to my computer to easen the conjestion that i usually experience when in the evenings when people are in plently and finaly i will rebrand my business that is in the form of advertisement to attract more client to my busines i thank in advance for ur co-opertaion
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Aug 19, 2013
Repayment status
On Time
Projected term
10 months
Lenders
Osaka, Japan
Ask Eddy a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.