Purchase of X-Box One for Video Game Shop

James Murage

Meru, Kenya

100% repaid

Entrepreneur

Name

James Murage

Member since

January 2015

On-time repayments

324 installments  •  45%

About Me

Thank You for your interest in my profile. My name is James Mugwe, a 29 year old Kenyan. Right from my childhood days, my parents molded me as an honest, hardworking and determined kid, and I have kept these attributes to date. About my education, I successfully attained Secondary education, and did not make it to college although I had passed well. My parents could not make to take me to college and educate my siblings at the same time, but I am still thankful for their effort this far. Due to this reason, I have a special priority and passion for education. Whenever I get a chance, I mentor young people in primary and secondary school to take education seriously. I have a younger sister who is 8 years old and she depends on me entirely for education fees. She is very bright in class, and she motivates me to work even harder to make sure that all her education is financed without making her suffer. I have a very special interest for entertainment, and I own a gaming shop. The business has been impacted heavily by the support from the Zidisha Team. Although I come from a humble family, I can now feed my family and support my little sister’s education. Besides, I also like charity work, and I help, mentor and inspire the less fortunate whenever I get a chance. For example, we have formed welfare called “Friends of Friends” with the neighboring business people. We visit orphans and the aged during weekends. Zidisha the best financial partner I have experienced in my entire life. Any assistance from dear lenders is welcome.

My Business

My business is located at Meru Town, Tom Mboya street, at a corridor in Stanstead building. At this premise I own a gaming shop where kids come and play playing station games. At this shop, I have two playing stations (PS2) and two 24” screens. I have also created nice sofas for my customers so that they get comfortable when playing games. I charge $ 0.22 per game. Most of my customers are school kids, therefore the peak-time is past 4pm, after they have left school. The challenge I am experiencing at the moment is that the time that these kids have before they go home is very limited, and most of them do not play the number of games they would want to. Due to this reason I am seeking assistance once more from Zidisha team to assist me raise some money to set up another station soon. On a good day, I make between $ 5.56 to $ 8.88. I also own one desktop and a monitor. In future I will use the desktop during the day before most kids are out of school. The desktop in my business will burn movies for selling to local customers. The expenses in my business include paying house rent, electricity charges and replacing gaming pads as well as Maintenance such as painting or furniture works. I have a dream of creating a Mega gaming arcade in Meru town. The reason I joined Zidisha is because I found a chance for young people to secure loans for their business, as well as mentorship and inspiration.

Loan Proposal

Morning,The moment i get that money i want to purchase the latest gaming machine x-box one which is in high demand with my customers and by me having it it will help maintain my customers and also it will help me raise my income hence improving my life,my family and the society around me.The machine it costing $350 here in kenya .

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$345.00

Date disbursed

Jul 29, 2016

Repayment status

On Time

Projected term

46 months

Cost to entrepreneur

Service fee: $14.21

Lenders

davelowe100

Perryville, United States

BrassHat

Boston, United States

T

traderjohn

Baltimore, United States

Zidisha

Sterling, United States

J

JakeA

Wellington, New Zealand

S

Scodeb123

Huntsville, United States

E

Edijac

Strombeek-Bever, Belgium

P

Pavane

Kungsbacka, Sweden

sderickson

Berkeley, CA, United States

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

N

Nicolaas

Doha, Qatar

GT

Geoff Tucker

United States

S

Stephanie

Zurich, Switzerland

RG

Ravi Gadad

United States

J

Jon

United States

Ren

Minneapolis/StPaul, United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

VC

Victor Chong

United States

A

Anonymous

United States

HCPSPIRIT

Helsinki, Finland

A

Anonymous

United States

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