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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  • Joseph Ragen    Jun 2, 2019

    Hi, why am I receiving mails that i am yet to clear my loan! I did clear my loan with you people, kindly confirm this and update your system. My ID number is 26749142 and i made the payment on February using 0798506040.

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  • Landei    Feb 2, 2015

    Hello Joseph, how are you? Why did you fall behind on your repayments?

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  • Landei    Dec 12, 2014

    Thank you for the update, and good luck for your business!

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  • Joseph Ragen    Dec 10, 2014

    Immediately I received my loan of kshs 4,456 (of which i got kshs 3456), I topped it up with another kshs 2000, and I purchased a second hand playstation2 machine. I am grateful of being funded the loan on this festive season of December as there are so many kids and guys having fun around the estate playing PlayStation games. It has really boosted my business. Long live Zidisha Inc.

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