Entrepreneur
Name
Derick
Member since
August 2017
On-time repayments
94 installments • 49%
About Me
Am Derick kavai mwashi. Am 23 years old I was born in sabatia western province but currently I live in Nairobi this where I own a small movie shop along side going to school. I come from a family of 4, i am the third born. After completing high school I joined Tuk University in Nairobi where I study hotel management, it's taken me a while to complete this course because of limitations of finances. Since I have other siblings who are also in university and we all depend on our parents.
I decided to started this business to lessen the burden my parents had. That way am able to take care some of my bills like my hostel fees feedings and a few other things.
My Business
I own a movie shop and I have done this business for the past three years. I started this business in order to give a helping hand to my parents who at times struggle to meet our financial needs.
I usually attend to my business after classes and weekends and most of my clients are my school mates so most of the time I do make deliveries to them while at school.
The challenge that I face mostly is the capital to buy blank DVDs. Since my whole business depends on the availability of the blank DVDs.
At times a lose clients due to lack of DVDs and this is a challenge I would like to overcome and be able to have DVDs that can cover me for a long time.
In a month I make an average of kes 25000. I use this amount to pay for the rent of my business premises and the electricity bill. Then the remaining amount I use it to pay some of my bills and also make sure I do a little savings even if it's 200 this comes along way sometime.
Loan Proposal
Zidisha has been really a blessing to me, it has helped me to grow my business and build a clientele I did have before through the loans I receive and for that I would like to thank all who made it possible.
I have repaid my loan and I would wish to request for a new one.
This loan will help me to buy a duplicator machine, this machine will help make copies faster, this will help me meet my clients orders in time.
The machine will cost me $120, with a loan of $75 I will add $45 from my savings so that I will be able to buy the machine.
It's my sincere hope that you will fund my application.
Warm regards
Derick.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$86.00
Date disbursed
Dec 5, 2017
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
United Kingdom
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