Loan to boost my shop and my siblings education

Gideon

Meru, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Gideon

Member since

January 2015

On-time repayments

244 installments • 34%

About Me

I am Gideon Wanjohi Ndegwa , 31 yrs of age , male by sex. I come from a humble background.My parents practice farming.
My education was faced with challenges to poor background.I was forced to work part time jobs and attend classes at the same time. Thanks to zidisha i was able to borrow two loans which have played a significant part in my economic empowerment.
My has has been full of challenges and was forced to take an academic leave of two semester when i was pursuing my undergraduate degree. I started my business through the help and mentor ship of zidisha. I reside in kenya and currently people have embraced western culture and entertainment. I like reading , watching movies, traveling and swimming during my leisure time

My Business

Thanks to zidisha loan i have been able to open up a new business. I opened up a movie business in Nairobi Embakasi area along north airport road. I sell movies and entertainment materials. The profit accrued from the business has enabled me to register for my masters degree (masters of arts in international relations and diplomacy. Kenyans currently are watching movies and i decided to open a movie shop. The typical cost are electricity, rent,materials, licenses and transport.

Loan Proposal

hi,dear lenders.i will add three cheap mobile phones ranging between 11 and $12 each and the rest of the money i will add my accessories, i.e flip covers,earphones,screen guards and card readers which normally range between two and three dollars.
Through your loan, i will add more stock hence more sales resulting to higher profit.This
will improve my life by catering for my bills ranging from rent,electricity and other expenses.I will be able to pay for part time accounting classes and my two siblings education.Through my business i will able to provide cheap accessories to the locals thus improving their live.
My profit margin will hopefully raise from four dollars to seven dollars.My business is in dire need of addition capital.With your assistance its will peak and grow.Your assistance will be of great help to me and my family.