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

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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

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Summary

Amount repaid

$134.07

Amount remaining

$0.00

Date repaid

Jun 26, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Apr 19, 2015 $2.16 Apr 19, 2015 $2.16
Apr 26, 2015 $2.16 Apr 19, 2015 $0.07
Apr 27, 2015 $2.09
May 3, 2015 $2.16 Apr 27, 2015 $0.13
May 3, 2015 $2.02
May 10, 2015 $2.16 May 3, 2015 $0.20
May 14, 2015 $1.96
May 17, 2015 $2.16 May 14, 2015 $2.16
May 24, 2015 $2.16 May 14, 2015 $1.44
May 23, 2015 $0.71
May 31, 2015 $2.16 May 23, 2015 $2.16
Jun 7, 2015 $2.16 May 23, 2015 $2.16
Jun 14, 2015 $2.16 May 23, 2015 $0.53
Jun 1, 2015 $1.62
Jun 21, 2015 $2.16 Jun 1, 2015 $2.16
Jun 28, 2015 $2.16 Jun 1, 2015 $0.67
Jul 1, 2015 $1.49
Jul 5, 2015 $2.16 Jul 1, 2015 $2.16
Jul 12, 2015 $2.16 Jul 1, 2015 $1.91
Jul 29, 2015 $0.24
Jul 19, 2015 $2.16 Jul 29, 2015 $2.16
Jul 26, 2015 $2.16 Jul 29, 2015 $1.82
Aug 10, 2015 $0.33
Aug 2, 2015 $2.16 Aug 10, 2015 $2.16
Aug 9, 2015 $2.16 Aug 10, 2015 $2.16
Aug 16, 2015 $2.16 Aug 10, 2015 $0.91
Sep 17, 2015 $1.24
Aug 23, 2015 $2.16 Sep 17, 2015 $2.16
Aug 30, 2015 $2.16 Sep 17, 2015 $2.16
Sep 6, 2015 $2.16 Sep 17, 2015 $2.16
Sep 13, 2015 $2.16 Sep 17, 2015 $2.16
Sep 20, 2015 $2.16 Sep 17, 2015 $1.24
Sep 20, 2015 $0.91
Sep 27, 2015 $2.16 Sep 20, 2015 $1.31
Oct 2, 2015 $0.84
Oct 4, 2015 $2.16 Oct 2, 2015 $2.16
Oct 11, 2015 $2.16 Oct 2, 2015 $1.44
Oct 12, 2015 $0.71
Oct 18, 2015 $2.16 Oct 12, 2015 $1.51
Oct 17, 2015 $0.64
Oct 25, 2015 $2.16 Oct 17, 2015 $2.16
Nov 1, 2015 $2.16 Oct 17, 2015 $1.09
Oct 25, 2015 $1.07
Nov 8, 2015 $2.16 Oct 25, 2015 $1.16
Nov 8, 2015 $1.00
Nov 15, 2015 $2.16 Nov 8, 2015 $2.16
Nov 22, 2015 $2.16 Nov 8, 2015 $2.16
Nov 29, 2015 $2.16 Nov 8, 2015 $0.24
Nov 18, 2015 $1.91
Dec 6, 2015 $2.16 Nov 18, 2015 $0.31
Nov 30, 2015 $1.84
Dec 13, 2015 $2.16 Nov 30, 2015 $0.38
Dec 13, 2015 $1.78
Dec 20, 2015 $2.16 Dec 13, 2015 $2.16
Dec 27, 2015 $2.16 Dec 13, 2015 $0.51
Dec 26, 2015 $1.64
Jan 3, 2016 $2.16 Dec 26, 2015 $2.16
Jan 10, 2016 $2.16 Dec 26, 2015 $0.64
Jan 21, 2016 $1.51
Jan 17, 2016 $2.16 Jan 21, 2016 $2.16
Jan 24, 2016 $2.16 Jan 21, 2016 $0.78
Feb 21, 2016 $1.38
Jan 31, 2016 $2.16 Feb 21, 2016 $2.16
Feb 7, 2016 $2.16 Feb 21, 2016 $2.16
Feb 14, 2016 $2.16 Feb 21, 2016 $2.16
Feb 21, 2016 $2.16 Feb 21, 2016 $2.16
Feb 28, 2016 $2.16 Mar 7, 2016 $2.16
Mar 6, 2016 $2.16 Mar 7, 2016 $2.16
Mar 13, 2016 $2.16 Mar 7, 2016 $0.13
Mar 14, 2016 $2.02
Mar 20, 2016 $2.16 Mar 14, 2016 $0.20
Mar 21, 2016 $1.96
Mar 27, 2016 $2.16 Mar 21, 2016 $0.27
Apr 4, 2016 $1.89
Apr 3, 2016 $2.16 Apr 4, 2016 $2.16
Apr 10, 2016 $2.16 Apr 4, 2016 $2.16
Apr 17, 2016 $2.16 Apr 4, 2016 $0.47
Apr 28, 2016 $1.69
Apr 24, 2016 $2.16 Apr 28, 2016 $2.16
May 1, 2016 $2.16 Apr 28, 2016 $0.60
May 5, 2016 $1.56
May 8, 2016 $2.16 May 5, 2016 $2.16
May 15, 2016 $2.16 May 5, 2016 $0.73
May 28, 2016 $1.42
May 22, 2016 $2.16 May 28, 2016 $2.16
May 29, 2016 $2.16 May 28, 2016 $0.87
Jun 16, 2016 $1.29
Jun 5, 2016 $2.16 Jun 16, 2016 $2.16
Jun 12, 2016 $2.16 Jun 16, 2016 $2.16
Jun 19, 2016 $2.58 Jun 16, 2016 $0.51
Jun 26, 2016 $2.07

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