Loan to purchase stock for my movies business & accessories
Stanley
Kitale, Kibomet Estate, Kenya
$0 to go
100% funded of $360 goal
0
days left
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
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Loan Info
Project Type
Classic Loan
Disbursed amount
$360.00
Date disbursed
Jul 13, 2016
Repayment status
Late
Projected term
5 months
Other loans
Lenders
Jake Gibson and Beverly Picardo
San Francisco, United States
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Summary
Amount repaid
$0.00
Amount remaining
$378.00
Expected completion
Jan 8, 2017
Status
Repaying late
Installment amount
$15.12
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 24, 2016 | $15.12 | ||
| Jul 31, 2016 | $15.12 | ||
| Aug 7, 2016 | $15.12 | ||
| Aug 14, 2016 | $15.12 | ||
| Aug 21, 2016 | $15.12 | ||
| Aug 28, 2016 | $15.12 | ||
| Sep 4, 2016 | $15.12 | ||
| Sep 11, 2016 | $15.12 | ||
| Sep 18, 2016 | $15.12 | ||
| Sep 25, 2016 | $15.12 | ||
| Oct 2, 2016 | $15.12 | ||
| Oct 9, 2016 | $15.12 | ||
| Oct 16, 2016 | $15.12 | ||
| Oct 23, 2016 | $15.12 | ||
| Oct 30, 2016 | $15.12 | ||
| Nov 6, 2016 | $15.12 | ||
| Nov 13, 2016 | $15.12 | ||
| Nov 20, 2016 | $15.12 | ||
| Nov 27, 2016 | $15.12 | ||
| Dec 4, 2016 | $15.12 | ||
| Dec 11, 2016 | $15.12 | ||
| Dec 18, 2016 | $15.12 | ||
| Dec 25, 2016 | $15.12 | ||
| Jan 1, 2017 | $15.12 | ||
| Jan 8, 2017 | $15.01 | ||
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