Entrepreneur
Name
Gira
Member since
February 2015
On-time repayments
249 installments • 78%
About Me
graduation, I have not had any meaningful employment. This is due to the high rate of unemployment in the country. I have help sales positions in some few small companies, and that gave me the confidence
My Business
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Loan Proposal
My business is a photo studio where I take photo shoots. It was started two years ago and I have been growing it slowly but steadily. It provides me with a steady comfortable income, but now I would like to grow it into a big professional photo studio. This is because of the opportunity I have seen in it. I used to make a Net of about 75$ per week but after my second loan, I managed to buy the equipment i required (a new photo printer) . This saw my weekly income increase to an average of 100$ due to the improved production quality and efficiency .Most of my net income mostly still goes into accommodation and some basic needs. However, now that my income is better, i have managed to save a quite a good amount which i hope to top up with my third loan to buy a new motorbike to help me run my errands. I happen to move alot, taking photos at events, some of which are quite far from my business location. The motorbike i require goes for 1500.00 $. I have already saved about 1000.00 $. I therefore have a deficit of 500.00 $. With the acquisition of this new motorbike, i believe i will see my weekly income increase by about 15$ -35 $ to between 115$ - 135$ per week since i will be able to get more work by visiting more venues at acheaper cost. This will greatly improve my living standard and that of those i support
Feedback
Positive
2
Neutral
None
Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$390.00
Date disbursed
May 10, 2016
Repayment status
On Time
Projected term
3 months
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Ask Gira a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Michael Thurm Dec 17, 2019
Eric Torrie Jan 14, 2019
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