Entrepreneur
Name
Esther
Member since
February 2015
On-time repayments
246 installments • 22%
About Me
My name is Esther. I was born in Nakuru county in the Rift Valley region of Kenya. I was born in a farming community where the main activity was and still is food production. I grew up in this area and went to school up to secondary school and thereafter joined a secretarial college where I did a course in secretarial duties.
Due to lack of formal jobs, I moved to Mombasa to live with my relatives. These relatives were running a business of selling movies and music and I would go to to the shop to give a helping hand.
This is where I learned crucial lessons of how the business is done. I requested my parents back home to support me to start a similar project and they obliged. With their support, I opened a stall where I sell movies and different types of music.
My Business
I deal with buying and selling of movies and music. I sell all types of movies and educational videos. I source my stock from Nairobi where there are big stores for movies.
The most popular ones are action movies and popular series. Educational videos are also on demand and my main clients for these are students and teachers. I also sell all genres of music. The business is quite challenging because one to keep tabs with what is trending and understand the tastes of different people.
All in all, I find the business very fulfilling because it gives me some income and also allows me to know what people prefer to watch
Loan Proposal
My music selling business is doing well. However, I now want to venture into a new area but under the same roof. I want to start selling electrical installation items such as electric bulbs and cables. I have done my research and I have seen that these items are in high demand. My existing clients will provide a ready market for the items and I hope to attract many more.
Kindly join me in this new venture and I am certain it will be a success.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$364.00
Date disbursed
May 5, 2016
Repayment status
Late
Projected term
44 months
Other loans
Lenders
United States
Germany
Jake Gibson and Beverly Picardo
San Francisco, United States
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