Loan to upgrade equipments for my movie store

Michael

Buru Buru, Kenya

100% repaid

Entrepreneur

Name

Michael

Member since

July 2013

On-time repayments

188 installments  •  1%

About Me

I am a 25 year old male Kenyan citizen. I come from a family of four, three boys and one girl. I reside in Nairobi Buru Buru near Harambee Primary School House Number 3 Plot Number 21.
I have my own business by the name Mike’s Entertainment.
I deal with selling movies, printing, photocopying and editing of documents.
I hold a Diploma in Telecommunication Engineering which I completed last year.
Instead of being idle while tarmacking for a while and not securing a job in formal employment, I choose to follow my passion in movies and thought it wise to incorporate business in it. It proved to be a success.

My Business

Mike’s Entertainment is the name of my business. I sell latest movies and music in either c.d's or dvd's. Also, incorporated in the business are printing, photocopying and editing of documents services.
Many people especially the youth prefer my goods and services because I deliver what I say. I am up to date with current trending hits and movies which is a key drive in this business. I ensure my customers always find what they are looking for. I don't give room to saying "No we don't have". Through this, I have been able to secure and attract many more customers.
The risks involved include having distorted dvd's or cd's such that a customer can not be in a position to see the content of what he or she has bought which can easily turn away customers.
I am licensed and I don't do piracy at all, at all.

Loan Proposal

I will use my loan as follows:
Ksh. 11,500 will be used to purchase 10 dozens of empty dvd's and dvd pockets. This is because my movie store has significantly improved and in a day I am making sales that surpass my daily target. Customer priority has been the secret.
Ksh. 7000 to purchase two uninterrupted power supply for my extra two computers. This is a precautionary way to ensure that incase of any dangerous power failure, my systems will run smoothly and complete a specific task.
Ksh. 9000, will purchase two movie duplicators. This will ensure efficiency at my work place and also faster services.
Please accept my proposal.
Thank you

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$296.00

Date disbursed

Sep 8, 2014

Repayment status

On Time

Projected term

41 months

Other loans

Lenders

tash90

Nairobi, Kenya

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Summary

Amount repaid

$347.25

Amount remaining

$0.00

Date repaid

Mar 28, 2019

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Sep 19, 2014 $1.95 Mar 28, 2019 $1.95
Sep 26, 2014 $1.95 Mar 28, 2019 $1.95
Oct 3, 2014 $1.95 Mar 28, 2019 $1.95
Oct 10, 2014 $1.95 Mar 28, 2019 $1.95
Oct 17, 2014 $1.95 Mar 28, 2019 $1.95
Oct 24, 2014 $1.95 Mar 28, 2019 $1.95
Oct 31, 2014 $1.95 Mar 28, 2019 $1.95
Nov 7, 2014 $1.95 Mar 28, 2019 $1.95
Nov 14, 2014 $1.95 Mar 28, 2019 $1.95
Nov 21, 2014 $1.95 Mar 28, 2019 $1.95
Nov 28, 2014 $1.95 Mar 28, 2019 $1.95
Dec 5, 2014 $1.95 Mar 28, 2019 $1.95
Dec 12, 2014 $1.95 Mar 28, 2019 $1.95
Dec 19, 2014 $1.95 Mar 28, 2019 $1.95
Dec 26, 2014 $1.95 Mar 28, 2019 $1.95
Jan 2, 2015 $1.95 Mar 28, 2019 $1.95
Jan 9, 2015 $1.95 Mar 28, 2019 $1.95
Jan 16, 2015 $1.95 Mar 28, 2019 $1.95
Jan 23, 2015 $1.95 Mar 28, 2019 $1.95
Jan 30, 2015 $1.95 Mar 28, 2019 $1.95
Feb 6, 2015 $1.95 Mar 28, 2019 $1.95
Feb 13, 2015 $1.95 Mar 28, 2019 $1.95
Feb 20, 2015 $1.95 Mar 28, 2019 $1.95
Feb 27, 2015 $1.95 Mar 28, 2019 $1.95
Mar 6, 2015 $1.95 Mar 28, 2019 $1.95
Mar 13, 2015 $1.95 Mar 28, 2019 $1.95
Mar 20, 2015 $1.95 Mar 28, 2019 $1.95
Mar 27, 2015 $1.95 Mar 28, 2019 $1.95
Apr 3, 2015 $1.95 Mar 28, 2019 $1.95
Apr 10, 2015 $1.95 Mar 28, 2019 $1.95
Apr 17, 2015 $1.95 Mar 28, 2019 $1.95
Apr 24, 2015 $1.95 Mar 28, 2019 $1.95
May 1, 2015 $1.95 Mar 28, 2019 $1.95
May 8, 2015 $1.95 Mar 28, 2019 $1.95
May 15, 2015 $1.95 Mar 28, 2019 $1.95
May 22, 2015 $1.95 Mar 28, 2019 $1.95
May 29, 2015 $1.95 Mar 28, 2019 $1.95
Jun 5, 2015 $1.95 Mar 28, 2019 $1.95
Jun 12, 2015 $1.95 Mar 28, 2019 $1.95
Jun 19, 2015 $1.95 Mar 28, 2019 $1.95
Jun 26, 2015 $1.95 Mar 28, 2019 $1.95
Jul 3, 2015 $1.95 Mar 28, 2019 $1.95
Jul 10, 2015 $1.95 Mar 28, 2019 $1.95
Jul 17, 2015 $1.95 Mar 28, 2019 $1.95
Jul 24, 2015 $1.95 Mar 28, 2019 $1.95
Jul 31, 2015 $1.95 Mar 28, 2019 $1.95
Aug 7, 2015 $1.95 Mar 28, 2019 $1.95
Aug 14, 2015 $1.95 Mar 28, 2019 $1.95
Aug 21, 2015 $1.95 Mar 28, 2019 $1.95
Aug 28, 2015 $1.95 Mar 28, 2019 $1.95
Sep 4, 2015 $1.95 Mar 28, 2019 $1.95
Sep 11, 2015 $1.95 Mar 28, 2019 $1.95
Sep 18, 2015 $1.95 Mar 28, 2019 $1.95
Sep 25, 2015 $1.95 Mar 28, 2019 $1.95
Oct 2, 2015 $1.95 Mar 28, 2019 $1.95
Oct 9, 2015 $1.95 Mar 28, 2019 $1.95
Oct 16, 2015 $1.95 Mar 28, 2019 $1.95
Oct 23, 2015 $1.95 Mar 28, 2019 $1.95
Oct 30, 2015 $1.95 Mar 28, 2019 $1.95
Nov 6, 2015 $1.95 Mar 28, 2019 $1.95
Nov 13, 2015 $1.95 Mar 28, 2019 $1.95
Nov 20, 2015 $1.95 Mar 28, 2019 $1.95
Nov 27, 2015 $1.95 Mar 28, 2019 $1.95
Dec 4, 2015 $1.95 Mar 28, 2019 $1.95
Dec 11, 2015 $1.95 Mar 28, 2019 $1.95
Dec 18, 2015 $1.95 Mar 28, 2019 $1.95
Dec 25, 2015 $1.95 Mar 28, 2019 $1.95
Jan 1, 2016 $1.95 Mar 28, 2019 $1.95
Jan 8, 2016 $1.95 Mar 28, 2019 $1.95
Jan 15, 2016 $1.95 Mar 28, 2019 $1.95
Jan 22, 2016 $1.95 Mar 28, 2019 $1.95
Jan 29, 2016 $1.95 Mar 28, 2019 $1.95
Feb 5, 2016 $1.95 Mar 28, 2019 $1.95
Feb 12, 2016 $1.95 Mar 28, 2019 $1.95
Feb 19, 2016 $1.95 Mar 28, 2019 $1.95
Feb 26, 2016 $1.95 Mar 28, 2019 $1.95
Mar 4, 2016 $1.95 Mar 28, 2019 $1.95
Mar 11, 2016 $1.95 Mar 28, 2019 $1.95
Mar 18, 2016 $1.95 Mar 28, 2019 $1.95
Mar 25, 2016 $1.95 Mar 28, 2019 $1.95
Apr 1, 2016 $1.95 Mar 28, 2019 $1.95
Apr 8, 2016 $1.95 Mar 28, 2019 $1.95
Apr 15, 2016 $1.95 Mar 28, 2019 $1.95
Apr 22, 2016 $1.95 Mar 28, 2019 $1.95
Apr 29, 2016 $1.95 Mar 28, 2019 $1.95
May 6, 2016 $1.95 Mar 28, 2019 $1.95
May 13, 2016 $1.95 Mar 28, 2019 $1.95
May 20, 2016 $1.95 Mar 28, 2019 $1.95
May 27, 2016 $1.95 Mar 28, 2019 $1.95
Jun 3, 2016 $1.95 Mar 28, 2019 $1.95
Jun 10, 2016 $1.95 Mar 28, 2019 $1.95
Jun 17, 2016 $1.95 Mar 28, 2019 $1.95
Jun 24, 2016 $1.95 Mar 28, 2019 $1.95
Jul 1, 2016 $1.95 Mar 28, 2019 $1.95
Jul 8, 2016 $1.95 Mar 28, 2019 $1.95
Jul 15, 2016 $1.95 Mar 28, 2019 $1.95
Jul 22, 2016 $1.95 Mar 28, 2019 $1.95
Jul 29, 2016 $1.95 Mar 28, 2019 $1.95
Aug 5, 2016 $1.95 Mar 28, 2019 $1.95
Aug 12, 2016 $1.95 Mar 28, 2019 $1.95
Aug 19, 2016 $1.95 Mar 28, 2019 $1.95
Aug 26, 2016 $1.95 Mar 28, 2019 $1.95
Sep 2, 2016 $1.95 Mar 28, 2019 $1.95
Sep 9, 2016 $1.95 Mar 28, 2019 $1.95
Sep 16, 2016 $1.95 Mar 28, 2019 $1.95
Sep 23, 2016 $1.95 Mar 28, 2019 $1.95
Sep 30, 2016 $1.95 Mar 28, 2019 $1.95
Oct 7, 2016 $1.95 Mar 28, 2019 $1.95
Oct 14, 2016 $1.95 Mar 28, 2019 $1.95
Oct 21, 2016 $1.95 Mar 28, 2019 $1.95
Oct 28, 2016 $1.95 Mar 28, 2019 $1.95
Nov 4, 2016 $1.95 Mar 28, 2019 $1.95
Nov 11, 2016 $1.95 Mar 28, 2019 $1.95
Nov 18, 2016 $1.95 Mar 28, 2019 $1.95
Nov 25, 2016 $1.95 Mar 28, 2019 $1.95
Dec 2, 2016 $1.95 Mar 28, 2019 $1.95
Dec 9, 2016 $1.95 Mar 28, 2019 $1.95
Dec 16, 2016 $1.95 Mar 28, 2019 $1.95
Dec 23, 2016 $1.95 Mar 28, 2019 $1.95
Dec 30, 2016 $1.95 Mar 28, 2019 $1.95
Jan 6, 2017 $1.95 Mar 28, 2019 $1.95
Jan 13, 2017 $1.95 Mar 28, 2019 $1.95
Jan 20, 2017 $1.95 Mar 28, 2019 $1.95
Jan 27, 2017 $1.95 Mar 28, 2019 $1.95
Feb 3, 2017 $1.95 Mar 28, 2019 $1.95
Feb 10, 2017 $1.95 Mar 28, 2019 $1.95
Feb 17, 2017 $1.95 Mar 28, 2019 $1.95
Feb 24, 2017 $1.95 Mar 28, 2019 $1.95
Mar 3, 2017 $1.95 Mar 28, 2019 $1.95
Mar 10, 2017 $1.95 Mar 28, 2019 $1.95
Mar 17, 2017 $1.95 Mar 28, 2019 $1.95
Mar 24, 2017 $1.95 Mar 28, 2019 $1.95
Mar 31, 2017 $1.95 Mar 28, 2019 $1.95
Apr 7, 2017 $1.95 Mar 28, 2019 $1.95
Apr 14, 2017 $1.95 Mar 28, 2019 $1.95
Apr 21, 2017 $1.95 Mar 28, 2019 $1.95
Apr 28, 2017 $1.95 Mar 28, 2019 $1.95
May 5, 2017 $1.95 Mar 28, 2019 $1.95
May 12, 2017 $1.95 Mar 28, 2019 $1.95
May 19, 2017 $1.95 Mar 28, 2019 $1.95
May 26, 2017 $1.95 Mar 28, 2019 $1.95
Jun 2, 2017 $1.95 Mar 28, 2019 $1.95
Jun 9, 2017 $1.95 Mar 28, 2019 $1.95
Jun 16, 2017 $1.95 Mar 28, 2019 $1.95
Jun 23, 2017 $1.95 Mar 28, 2019 $1.95
Jun 30, 2017 $1.95 Mar 28, 2019 $1.95
Jul 7, 2017 $1.95 Mar 28, 2019 $1.95
Jul 14, 2017 $1.95 Mar 28, 2019 $1.95
Jul 21, 2017 $1.95 Mar 28, 2019 $1.95
Jul 28, 2017 $1.95 Mar 28, 2019 $1.95
Aug 4, 2017 $1.95 Mar 28, 2019 $1.95
Aug 11, 2017 $1.95 Mar 28, 2019 $1.95
Aug 18, 2017 $1.95 Mar 28, 2019 $1.95
Aug 25, 2017 $1.95 Mar 28, 2019 $1.95
Sep 1, 2017 $1.95 Mar 28, 2019 $1.95
Sep 8, 2017 $1.95 Mar 28, 2019 $1.95
Sep 15, 2017 $1.95 Mar 28, 2019 $1.95
Sep 22, 2017 $1.95 Mar 28, 2019 $1.95
Sep 29, 2017 $1.95 Mar 28, 2019 $1.95
Oct 6, 2017 $1.95 Mar 28, 2019 $1.95
Oct 13, 2017 $1.95 Mar 28, 2019 $1.95
Oct 20, 2017 $1.95 Mar 28, 2019 $1.95
Oct 27, 2017 $1.95 Mar 28, 2019 $1.95
Nov 3, 2017 $1.95 Mar 28, 2019 $1.95
Nov 10, 2017 $1.95 Mar 28, 2019 $1.95
Nov 17, 2017 $1.95 Mar 28, 2019 $1.95
Nov 24, 2017 $1.95 Mar 28, 2019 $1.95
Dec 1, 2017 $1.95 Mar 28, 2019 $1.95
Dec 8, 2017 $1.95 Mar 28, 2019 $1.95
Dec 15, 2017 $1.95 Mar 28, 2019 $1.95
Dec 22, 2017 $1.95 Mar 28, 2019 $1.95
Dec 29, 2017 $1.95 Mar 28, 2019 $1.95
Jan 5, 2018 $1.95 Mar 28, 2019 $1.95
Jan 12, 2018 $1.95 Mar 28, 2019 $1.95
Jan 19, 2018 $1.95 Mar 28, 2019 $1.95
Jan 26, 2018 $1.95 Mar 28, 2019 $1.95
Feb 2, 2018 $1.95 Mar 28, 2019 $1.95
Feb 9, 2018 $1.39 Mar 28, 2019 $1.39

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