Play station 3 and 4 for games business, school fees

Jairo Wainaina

Nairobi, Kenya

6% repaid

Entrepreneur

Name

Jairo Wainaina

Member since

December 2014

On-time repayments

268 installments  •  53%

About Me

My names are jairo wainaina from kiambu county a small village called kwambira, Am a member of a family of five, i went to muguga high school, i did not further my education due to financial stability so i became idle and kept watching movies all day.
I began accompanying my mother to farm and for many years i could feel hopeless and disappointed about my life,
One day a project named " kazi kwa vijana"was aimed at clearing bushes and repairing roads offered me employnent, i managed to save money which i used to start a small movie shop.
My hobbies are watching, Lots of friends come to borrow movies at my home so i found the need to start the business,
I like dancing singing and playing guitar, Am also into interior decorations.

My Business

My business "jairo movie shop" is a small growing movie shop where i sell movies do photocopy sell phone accessories,design wedding cards and repair phones,printing services.
The business is fast growing, i need more capital so to invest more and double my profits.
My area is a small shopping center where lots of youths like to watch movies play station games and using the internet chatting or social media, this made me realize a demand in movies and phone accessories due to advanced technology,
my cousin who works as an attendant in the shop also repairs phones so a customer can purchase a spare and fix his phone in the same place,people take pictures passports and also photocopies,
I make a profit of 200 to 400$ a month and use it to pay rent pay my cousin salary buy food and add more accessories in stocking the shop.
With ideas from other business men and friends whom are older than me in business i have been able to to now divide the shop into two and subdivided a small section for play station games room due to customers demand.

After buying a printer and introduction of snacks i now make an average of 380usd and sometimes it gets to 450usd this is a profit a increase of almost 150 usd in my total income on a monthly record analysis.

Loan Proposal

400 us dollars will buy play station 4 console machine 200 us dollars qill cater for school fees and the rest will cater for improving the business buying phone accessories and repainting the shop.
Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$844.11

Date disbursed

Dec 20, 2017

Repayment status

Late

Projected term

30 months

Cost to entrepreneur

Service fee: $35.56

Lenders

cyrus0302

San Francisco, United States

MakeSense

-, St. Kitts and Nevis

Tavin

Ottawa, Canada

camilberlin

Berlin, Germany

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

M

Mark

United States

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