Entrepreneur
Name
Jim
Member since
February 2015
On-time repayments
23 installments • 39%
About Me
Am 24 yrs old. I grew up in a small town Timau around the mount Kenya region were its too cold and beautiful especially with the view of the mountain just across. I went to my early education around home and later to Kerugoya for my O'levels. After my O'levels I needed to continue with my education but the money I had was not enough so I started the entertainment industry were i would sell movies in the streets to support my education have a roof over my head and be able to live on. I sold movies and taking pictures at events while still in the university till I had enough money to buy a computer and a duplicator and have a shop of my own. I love traveling, inspiring other youths i as well visit children's home together with my friends every month.
My Business
I sell movies and music and do some photocopy and take pictures during events like weddings. the movies and music have turned out to be the number one way of relaxing for both children and adults. people spend a lot of time watching movies in the current world. the demand is growing every day as one can not watch the same movie more than once therefore people will always need new movies to watch. the cost of running a movie shop are not much one requires a license, permits, rent and the electricity bill. a movie sells at 50 shillings in a day i sell up to 30 copies a song goes for 100 shilling a GB. my expenses add up to 25000 a month. The profits that i get from the movie shop help me pay my school fees at meru university were i am currently pursuing my degree in business administration, pay my rent and other bills, help pay my little sisters fee at chinga girls high school and enable me visit the children's home every end month taking some foods with me and my friends.
Loan Proposal
my movie business is doing great and i cannot complain about the results. however my picture taking job is experiencing difficulty and i need a new digital camera to enable me take better quality pictures. in mind i have the Samsung nx1000 20.3mp Wi-fi 3D-black 35,000. i have already raised 25,000 weekly savings from the movie shop and am hoping that you can help me raise the rest and i will be able to pay every week
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Feb 28, 2015
Repayment status
Late
Projected term
5 months
Lenders
Jake Gibson and Beverly Picardo
San Francisco, United States
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