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
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Feb 19, 2015
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
South Africa
United States
Summary
Amount repaid
$105.00
Amount remaining
$0.00
Date repaid
Jul 12, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 1, 2015 | $5.24 | Mar 1, 2015 | $5.24 |
| Mar 8, 2015 | $5.24 | Mar 1, 2015 | $5.24 |
| Mar 15, 2015 | $5.24 | Mar 1, 2015 | $0.62 |
| Mar 8, 2015 | $4.62 | ||
| Mar 22, 2015 | $5.24 | Mar 8, 2015 | $5.24 |
| Mar 29, 2015 | $5.24 | Mar 8, 2015 | $1.24 |
| Mar 15, 2015 | $4.00 | ||
| Apr 5, 2015 | $5.24 | Mar 15, 2015 | $5.24 |
| Apr 12, 2015 | $5.24 | Mar 15, 2015 | $1.87 |
| Mar 22, 2015 | $3.38 | ||
| Apr 19, 2015 | $5.24 | Mar 22, 2015 | $5.24 |
| Apr 26, 2015 | $5.24 | Mar 22, 2015 | $2.49 |
| Mar 29, 2015 | $2.76 | ||
| May 3, 2015 | $5.24 | Mar 29, 2015 | $5.24 |
| May 10, 2015 | $5.24 | Mar 29, 2015 | $3.11 |
| Apr 5, 2015 | $2.13 | ||
| May 17, 2015 | $5.24 | Apr 5, 2015 | $5.24 |
| May 24, 2015 | $5.24 | Apr 5, 2015 | $3.73 |
| Apr 12, 2015 | $1.51 | ||
| May 31, 2015 | $5.24 | Apr 12, 2015 | $5.24 |
| Jun 7, 2015 | $5.24 | Apr 12, 2015 | $4.36 |
| Apr 19, 2015 | $0.89 | ||
| Jun 14, 2015 | $5.24 | Apr 19, 2015 | $5.24 |
| Jun 21, 2015 | $5.24 | Apr 19, 2015 | $4.98 |
| Apr 26, 2015 | $0.27 | ||
| Jun 28, 2015 | $5.24 | Apr 26, 2015 | $5.24 |
| Jul 5, 2015 | $5.24 | Apr 26, 2015 | $5.24 |
| Jul 12, 2015 | $5.36 | Apr 26, 2015 | $0.36 |
| Jul 12, 2015 | $5.00 | ||
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