Loan to add more stock

Stanley

Kitale, Kibomet Estate, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Stanley

Member since

January 2015

On-time repayments

54 installments • 48%

About Me

I am Stanley Macheso from Kitale Kenya, I Am the third born in a family of 6. I am a college leaver and I stay in Kibomet Estate.
I am hardworking and determined young man. the challenges of lacking school fees in school and college has given me the motivation to excel in life.
I do believe that the courage i have has made be to be what i am today.
My hobbies are Watching movies, socializing and visiting places
I have a business that has existed for one year and Six months.

My Business

By business is called AMC Entertainment. It has been in existence for one year and six months. It deals with sale of Movies, Songs, and Other entertainment Things. I also Sell Blank DVDs and CDs to people.
The Business generates a Daily Gross of Kshs. 2500 per day with a net of Kshs. 1300 per day. It has potential for growth and i know with an additional capital injection. it will help me increase stock to boost my sales.
The Profit i get goes to Paying the rent and Meeting my personal needs. the rest i use it to add more stock

Loan Proposal

The money I am requesting will assist me to buy more stock that will help me to increase my sales and hence increase income.
With increased income. i can Expand my business and employ another assistant.
The Budget for the amount requested
DVDs= Ksh. 4000
CDs=Ksh.2000
USB disks= Ksh.2000
Other Accessories= Ksh.1000