Movie library

Entrepreneur

About Me

I am a 22 year old lady, married with one child. I cleared high school with good grades and joined college where i took a course in business sales and marketing. I am currrently persuing a diploma in sales and marketing but i take the course in part time mode as i am also raising my small kid alongside running my small entertainment shop where i sell music and movies. I have currently employed one person who helps me in the business where i pay him on a commission basis. I managed to raise capital for my business through funding from my husband and relatives since i had no enough money considering that i am still a in college. I decided to start that business because i realized that there was a great opportunity in that field since there was none of its kind in the area and the demand for movies was very high. the unique thing that people find in me is that i ventured in field that is commonly referred for men but i decided to go for it since i believe in hard work and strength of a woman. i spend most of my free time watching movies and listening to music.

My Business

the main activity in my business is selling music and movies to the people around my area, the demand for movies and and music is high because in my locality there are no other persons who offer those services and hence, i enjoy consistent number of customers each day. i chose to venture in that in that business since i saw an opportunity and i decided that i would take risk and utilize it and sure enough it all went along well. on a normal day i am capable of making $9 which amounts to about $270 in a month. out of the $270 i use $50.16 for rent, $13.25 for electricity and $55 for internet since i download the movies from the internet. after the deductions i am able to raise a profit of $151.6 of which $55.2 goes for the house rent where i live and the remaining $96.4 is for my essential upkeep and savings for my little kid.

Loan Proposal

i am currently running a movies library which i would like to expand expand and upgrade the equipments that i have so that i can be able to generate more income.
If given the loan i will use the money to buy more equipments and tools of trade in my movies business. for now i still need some more equipments like external hard disks for storage. i need two more external hard disks one for storing music and the other for backing up movies. i would still need to buy two screens for display and for sampling the movies. i will also increase my internet subscription so that i can be able to download movies faster at higher rate that what i am currently able to pay for which is slower. that will certainly boost my business to the next level and hopefully increase my profit margin. i am hoping to expand my business and also open a juice and fruit kiosk so that i can make ends meet and be able to raise my small kid comfortably as he is my bundle of joy. if all this comes to pass i will be very grateful and thankful to the whole of the Zidisha family for enabling me achieve my goals.

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