Inventory of movie dvds

Esther

Mombasa, Kenya

100% repaid

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

If I get this loan, I will use all of it to buy video DVD of the latest action movies and a few christian movies. These are always on demand as people watch them at home when they want to be entertained.

The Christian movies though not very popular never grow old and there is no danger that they will become dead stock since people buy then at any time of the year.

This will attract more customers to my business and give me an edge over my competitors.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Feb 19, 2015

Repayment status

On Time

Projected term

4 months

Lenders

P

Philippe

Adliswil, Switzerland

DeanDropshot

Oslo, Norway

R

Roman

Barcelona, Spain

T

toscoman

Adliswil, Switzerland

AdvancingCompassion

San Diego, United States

ads68

Melbourne, Australia

dhulsterwim

LIER, Belgium

F

Frenchie

Johannesburg, United Arab Emirates

mojobob

Hayward, United States

M

Malibu

Westwood, United States

Paul Buchheit

Mountain View, United States

S

SimonAngus

South Africa

mepster

San Francisco, Ca, United States

adrianz

United States

M

M.Umar

Pakistan

P

Paul

United States

KM

Kirsty M

United Kingdom

Haim Si

Mexico, Mexico

Frank Termathe

Frankfurt Main, Germany

M

Matze

Germany

M

Marcus86257

United States

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  • Esther    Jul 27, 2016

    I am experiencing low business volumes and as such I request to be allowed to reduce my repayments to KES 200 per week. I will resume higher amounts as soon as possible.

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  • Esther    Apr 19, 2016

    Dear lenders, I am glad I have cleared the last loan. I used the money to expand my business and I am reaping the benefits. Thank you so much.

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  • Esther    Apr 14, 2016

    Deaar lenders, I spoke to Esther today and she promised to clear her unpaid amount today.

    VM

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  • Esther    Aug 12, 2015

    I have placed an order for the educational video DVDs but the delivery is likely to delay for a while. In the meantime, I wish to lower my weekly payments by a half to KES 500 till my new venture starts to generate money. I kindly ask for your understanding.

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  • Esther    Aug 12, 2015

    Thank you lenders for the money. I will now use it to accelerate the growth of my business. As mentioned in the loan application, I will spend the money to buy educational movies which are in demand in my region.

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  • Esther    Jul 23, 2015

    Thank you lenders for the favor. I will now expand my work by adding stock of my educational videos. This means better future for me due to improved income. God bless!

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  • Esther    Jul 13, 2015

    My business has grown in the last few months largely due to the money that I injected from Zidisha loan. I am hoping that it will grow further when I get the next loan. Thank you so much for your support.

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  • Esther    Apr 26, 2015

    Dear lenders, this is to let you know that I received KES 8000 as my first loan. As I approach the end of my loan repayment, I wish to express my gratitude for funding my loan request. I managed to boost my business by buying more stock and now my clients have a wider variety of movies to choose from.

    I am looking forward to more engagement with you in future to grow my business even further.

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