Renting a space & buying equipment for my movie shop

Alex

Kahawa, Kenya

17% repaid

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How it Works

Entrepreneur

Name

Alex

Member since

October 2015

On-time repayments

77 installments • 74%

About Me

am a 23 year old guy. very hard-working and ambitious. i aspire to achieve great things in life and i know i cant do that alone thats why am here to get a helping hand. i am a honest person and i honour my promises and responsibilities that why i know i wont have any problems in repaying my loans on time, i'll be looking forward to having any assitance possible. thanks

My Business

i have a small movie retail shop for now its online but i would like to put in it in premise in the near future. i basically make adverts on my online page and interested clients make orders and i deliver to their homes. i can say i make kes 12000-15000 a month. i have done the business for 3 years now alongside schooling, i consider it time friendly and a good way of making income

Loan Proposal

I have been doing my movie business online and it has been a vision of mine to put it in premise that way I would refer my clients to the shop in case am not able to do deliveries when am in class. I had opened a target savings account to help me buy some of the equipments required to run a movie shop and acquiring papers for the shop. So far I have managed to buy a computer desktop , a desk and a sofa where my clients would sit as they wait for their orders.

After accessing myself I think am ready to go to the next step with your help. I would like to request for a loan of $370 to help rent a shop, renting a shop will cost me $200 for a period of 3 months, I plan to incorporate a printing shop this will help me maximize my returns I will also use part of the loan to purchase a printer. A printer will cost me $ 120. The remaining loan I will use it to purchase blank DVDs and pay for my internet service provider.

I will continue to run my online shop as well as the movie shop this means I will have to hire someone to help me out when am not available since i have to attend classes and I will pay him on commission.

I hope you will believe in my idea and help me reach my goals by funding my loan. Thanks