Stock of blank dvds, cds and storage devices for mobile photo business

Erick

Githurai, Nairobi, Kenya

100% repaid

Entrepreneur

Name

Erick

Member since

July 2013

On-time repayments

86 installments  •  91%

About Me

Am Kenyan in mid 20s of age living in Githurai Nairobi. I have completed college level education. I come from a family 6 siblings (three brothers and 2 sisters) and we grew up in western Kenya. Am single and my hobbies are watching football, travelling and listening to music. Above all I like doing community work during my leisure time like nature conservation. Through my business am able to support my basic needs and also support my younger brother like paying rent for my room, food, clothing and medication.

My Business

I have a Bachelors degree in biomedicine with IT but I was unable to get a biomedical job after I graduated. So I started a Mobile Photo studio business- where I do photo shop and photo shooting for customers in my neighborhood which are meant for business promotion and advertisement. Also for domestic purposes like in cases of weddings and other mini events. From the business am able to get an average net profit of about Ksh 10000 (~US$115) per month. One day I would like to expand my business and run a photo studio from a fixed location.

Loan Proposal

Due to high demand from my customers to offer photo video slides i decided to start producing video photo slides in DVD and CD formats in my small photo studio and above all photo albums. and in order to increase profits to the business i also started selling usb cards, Flash Disks, memory cards and other mini data carriers. I also supplement it with selling of latest moves and series. This in turn has resulted to increased budgetary expenses and am unable to meet all these expenses.
my budget then runs as follows i need US Dollars 50 for rent, 30 US dollars for blank DVDs and CD,100 US dollars inventory of data carrying electronics i.e memory cards , flash disks for approximately 100 US dollars. Though i have some of the cash i still need more cash so as to increase the volume out put of my mini business project.

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$127.00

Date disbursed

Apr 7, 2015

Repayment status

On Time

Projected term

14 months

Other loans

Lenders

Paul Buchheit

Mountain View, United States

Ask Erick a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Please log in to comment.

  • Erick    Sep 24, 2022

    was able to increase my business capital hence high returns

    Log in to reply • Share
  • Erick    Sep 18, 2015

    it has been a challenge for me in the recent past but thanks to God for good health now am up running my business for the maximum and efficient service delivery to my clients.

    Log in to reply • Share
  • Erick    Aug 27, 2015

    hello people
    it has been really hard for to pay the weekly installment in time lately due to reduced sales but am promising to be in time in in the next installments
    regards

    Log in to reply • Share
  • Erick    Apr 8, 2015

    hello lenders
    am happy that the loan I requested has been channelled to my account amounting to ksh 11491. am looking forward to invest the money into the business project, and I hope that this will increase business income to my business .
    Once more I thank you for every contribution you made

    Log in to reply • Share
  • Erick    Apr 6, 2015

    Thank you lenders for funding my loan request . am looking forward to investing in the business project once the money has been channelled to my account.
    Thank you good people.

    Log in to reply • Share
  • Erick    Mar 27, 2015

    hey good people am requesting you to contribute towards my loan request so that I can be able to realise my business project. Thank you for your time.

    Log in to reply • Share
  • Erick    Feb 9, 2015

    am very much happy that I managed to clear my loan on time and I pray for zidisha lenders to help more people in achieving their projects.

    Log in to reply • Share
  • Erick    Feb 9, 2015

    through the loan I was able to purchase a second hand photocopying machine since a brand new was much expensive.

    Log in to reply • Share
  • Erick    Nov 3, 2014

    Hello there good people,
    After along and hard October month where there was minimal cash flow in my business i was able to deposit my weekly installment today and am happy that i did it. Am looking forward for more cash flow as the year ends.
    thank you good all

    Log in to reply • Share
  • Erick    Oct 17, 2014

    hi,
    am very happy that through the loan i acquired i was able to buy a second hand 3 in 1 photocopy machine and now i can earn extra income since i don't spend much on printing photo for my customers. Above all am able to render photocopying, scanning and printing services to other customers.

    Log in to reply • Share
  • luantranle    Jul 28, 2014

    Thank you for your first payment Erick. Best of luck with your journey!!!

    Log in to reply • Share
  • Erick    Jul 27, 2014

    i deposited ksh 200 on 25/7/2014 to zidisha pay bill number 600201 but my account has not been credited. why?

    Log in to reply • Share
  • Erick    Jul 25, 2014

    the past week has seen low cash flow in my business. this is due to the fact this week of the month has always less cash flow. hope the coming week will be an improvememt. wish you well good people.

    Log in to reply • Share
  • Erick    Jul 16, 2014

    hello lenders,
    am very happy that my loan request has been fully funded and am looking forward to spending the money wisely once channelled to my account. Now i will work hard towards the accomplishment of my project proposal .
    Once more thank you all good people

    Log in to reply • Share
  • Erick    Jul 13, 2014

    hello lenders,
    am very happy that you are contributing towards my loan request. hope that my request will topped soon. once more i invite you all to contribute for me so that i can accomplish my proposal. Thank you all good people.

    Log in to reply • Share


Loading...

Loading...

Loading...