Inventory of dvds players,subwofers,radios,televitions,

Stephen Wangecha

Nakuru Bahati Scheme, Kenya

100% repaid

Entrepreneur

Name

Stephen Wangecha

Member since

July 2014

On-time repayments

43 installments  •  51%

About Me

My self.
My name is stephen wangecha Kinuthia , Am 26 years old. Am married and blessed with a baby boy. I started primary school in 1996 To 2003,And thats when i joined secondary school in 2004 to 2008.i passed well in my secondry education but due to luck of money i never had a chance go further with my education. I used to save money by doing simple jobs and in time i had saved enough to start my own busness. I set up a video shop where i started selling movie cd's and dvd's. Id like to ask for a loan So i can grow my busness bigger and make it a video show and shop,So ill be selling cd' and showing movies.

My Business

About My Business.
My Business is located at Karunga shopping centre known as Steves Vedeo Shops. I sell dvds and vcds in Wholesale and retail, I also show video to demonstrate my dvds vcds and to entertain my Customers. I Manange to make an approximate profit of Ksh. 800 per day and I collect more than Ksh1500 in weekends . This give an average profit of Ksh. 25000 equals to $300 per month. I pay school feees for my son and I support my family and boost my Wife shop and our dairy bread. Thank you zidisha organizations and lenders.

Loan Proposal

Thenk you all dear zidisha lenders for the previous loan and for this other oportunity. My video shop is doing well as it is,thenx to the loan you lend me,but i had a thought of adding electronic machines to my shop like dvd players,radios,televitions and other items,,,,becouse my customers frequently ask for them. Am sure that this would add to an increase in income to my income. Thank you dear lenders.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$122.63

Date disbursed

Oct 31, 2014

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Lender interest: $122.63 at 9.91% annual rate over 2 months = $2.17

Service fee: $0.81

Lenders

Pranjal

Noida, Kenya

C

cjmenchaca

Austin, United States

J

Jaslogic

Castle Rock, United States

G

GanSatya

United States

T

thebonseung

Republic of Korea

Matching Fund

Sterling, United States

ColinHicks

Chichester, United Kingdom

AH

Alex Huxley

Ellesmere Port, United Kingdom

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