More stock for my electronic shop plus the photocopy

Victor

Kericho, Kenya

8% repaid

Follow Victor

How it Works

Entrepreneur

Name

Victor

Member since

January 2015

On-time repayments

218 installments • 6%

About Me

My full name is VICTOR KIPKEMOI KIRUI. I am a student at Moi University studying Bachelor of arts in Sociology.My home town is Kericho from a village that goes by the name Telanet within Kapsoit location.
I was born the third in a family of seven, i lost my mother when i was 8 years old and my biological father failed to pay my secondary education and i was aided by my unlcle and upto now he has been struglling with the expenses attached with my education.My uncle has school going children and he has the responsibility of taking care of his own children.Due to this my learning has been a bit hectic due to insufficiency of funds. For these reason I thought its a good idea to start up a business.

My Business

After a series of consultations with my family and friends I settled on a business. The bussiness is movie base where I sell movies and small elecronic appliances like heaters and iron boxes to students around campus.
In week I can earn a minimum of $ 50 . This is the money I use to assist my uncle in paying my school fees and purchasing my personal needs for example paying my house rents.
I took this kind of business and following the fact that I comfortably manage my time when it comes to my business and my studies .It is a marketable business because it is surrounded by students of the young generation who have great interest in movies and music .I have also had an interest in purchasing a printer hp 1510 series so that i can type assignments and do photocopying work for students .The purpose of my loan request is for the purchase of this printer which costs $100.This will be a great boost to my business premise and i will be personally able to clear my Zidisha loan.

Loan Proposal

I will increase the stock in my electronic shop and also buy more photocopying papers for my printing machine. Both of my businesses are operating well and they have been good profit making business. Now that I am through with my education I will be able to operate swiftly. The loan will greatly boost my business