Loan for buying blank cds

Entrepreneur

About Me

I was born in kenya bt my father is a Tanzanian so due to that i have a Tanzanian passport. I studied my primary education in nairobi and transfered to Tanzania for secondary school where i did my form 4&6. After that i went to The institute of finance management which is based in Dar-es-salaam, Tanzania and graduated with a bachelor degree in accounting. Before i joined the institute my dad died and it was hard for me to survive in campus because my mother is not working the school fee was handled by the government of Tanzania through student loan.
I passed through a hard time in campus and i hard to work during the day and study in the evening to make my accomodation and food expenses, and through that i achieved my goal that was to complete my studies.
The idea of my business came about when i graduated the job market was not that good to me so i had to go back home to my mother in nairobi. With my entreprenueral skills i accuared in school i started my business due to luck of employment in both kenya and Tanzania.
Kenya is unique through many things people are hardworking the infrastruture is good which facilitate good flow of business. There is wildlife and my attractive tourist attractions like good beaches in the coastal area.
I am not married yet so due to that i have no children.
I passtime through playing football and working out am a good footballer if i had not studied i could be playing football as a job but oppotunities passed me when i was in school.

My Business

My business is a movie and phone accessories distribution business and playstation lodge. So my products are movies,phone accessories and games.
Movies like series are very popular and all kind of people demand them so the demand is high and nowadays everyone plays games and playing alone is kind of boring so in a lodge people live there homes to game lodges.
I choose this kind of business because i have pasion for movies and games so doing it i also enjoy my business.
My costs are like the fixed cost like rent,electricity, stocking cost and maintainance of the machines like playstation game and the computer for burning the movies. My revenue vary from month to month but it ranges from 25000ksh and 30000ksh.
I use the money to improve the business because the business is not yet fully settled there many customers but there is a shortage of resourses due to minimal funding.

Loan Proposal

I will buy blank CDs which cost 5 dollars.
It will improve my distribution with that increase my income and benefit my family.
My business profit will increase with a 5 percent due to the fact that the customers will get the movies ready and on time and not waiting.

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