Loan needed

Joseph Ragen

Nyamasaria, Kisumu, Kenya

Funds disbursed

$0 to go

100% funded of $50 goal

0

days left

Entrepreneur

Name

Joseph Ragen

Member since

September 2014

On-time repayments

10 installments  •  0%

About Me

my names are Joseph Owira, a holder of Diploma in Information Technology from KCA University, a course I covered through a lot of challenges and difficulties due too fees issues, after college I could not get a job due to no certificate as it was being held by university due to unsettled fee. I hustled and started a movie burning and music download shop that saw me settle and clear my college fee and finally get my certificate. I have a wife and a five months old daughter whom I would love never to go through the difficulties I went through. I love watching movies, listening to music, reading novels and traveling.

My Business

I have a movie burning and music download shop, my great desire is to expand the room to be also a PlayStation arcade where children and guys can have fun by playing various PlayStation games, I need a loan to purchase a PlayStation machine and a 14" television. the loan will be repaid by the current running business of movie/music. my costs are rent which is ksh 2500 and DVD spindles which is kesho 500 per spindle of 50dvds. I sell a movie at ksh 50, so in a spindle of 50dvds I make ksh 2500, and I sell a minimum of. 20dvds (20 movies) a day.

Loan Proposal

am looking for any willing lender to consider my application and fund me to fulfill my business dream. my loan payment amount and date is as stated and I will do ma best to honor it so that it can also help another loaner.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Dec 9, 2014

Repayment status

Late

Projected term

2 months

Lenders

Landei

Sandersdorf-Brehna, Germany

McJulio

New Jersey, United States

G

GanSatya

United States

M

MigwiK

Brecht, Belgium

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