Loan to purchase stock for my movies business & accessories

Stanley

Kitale, Kibomet Estate, Kenya

Funds disbursed

$0 to go

100% funded of $360 goal

days left

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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

Over the past two years. the entertainment industry keeps expanding with more opportunities to make money keep arising. hence the need to get more capital and expand the business. My business deals with Selling latest entertainment movies and music to consumers. I also deal with sale of Memory disks, Blank CDs and DVDs. hence with the cash that i need, This is my third loan i am requesting and so I will expand in terms of delivery,buy more DVD, CDs and computers put up more adverts in town to increase my customer base,Your loan will help me expand business thus creating more opportunities for employment to others. This will make my business have more computers,DVDand CDs thus reducing waiting and lining up of customers due to lack of enough equipments to use.
The amount am requesting is going to stock the variety of products i need for me to grow.
Kindly help me realize my dream by funding me to accomplish my dream