Since i buy the movies i sell from a supplier in bulk which is a bit expensive so i plan to buy a duplicator; a machine...
Benard
Kakamega, Kenya
7% repaid
Entrepreneur
Name
Benard
Member since
August 2013
On-time repayments
32 installments • 0%
About Me
My Business
Loan Proposal
I sell DVDs (movies, documentaries, songs etc.) in short, my business is pure entertainment. My target is the youth mostly. This business is profitable, I buy one movie at ksh.50 and sell it at ksh.100 and per day I can sell even twenty movies though selling is seasonal, during holidays I tend to sell more. From the start I knew customer service is the key and that is what has helped me so much. When I get this loan I plan to buy a duplicator, this machine will enable me to burn my own movies instead of buying, as in I will do everything by myself which it will reduce cost immensely and maximize profits. By getting this loan it will not only benefit m but I will create an employment opportunity by employing two people to help me in distribution to clients. I will pay my loan from the business. I believe in this project, kindly consider. Regards.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Feb 23, 2014
Repayment status
Late
Projected term
7 months
Lenders
Berlin, Germany
Belfast, United Kingdom
Summary
Amount repaid
$11.16
Amount remaining
$154.48
Expected completion
Oct 11, 2014
Status
Repaying late
Installment amount
$5.18
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 7, 2014 | $5.18 | Apr 23, 2014 | $4.71 |
| May 8, 2014 | $0.47 | ||
| Mar 15, 2014 | $5.18 | May 8, 2014 | $3.65 |
| May 24, 2014 | $1.53 | ||
| Mar 22, 2014 | $5.18 | May 24, 2014 | $0.82 |
| Mar 29, 2014 | $5.18 | ||
| Apr 5, 2014 | $5.18 | ||
| Apr 12, 2014 | $5.18 | ||
| Apr 19, 2014 | $5.18 | ||
| Apr 26, 2014 | $5.18 | ||
| May 3, 2014 | $5.18 | ||
| May 10, 2014 | $5.18 | ||
| May 17, 2014 | $5.18 | ||
| May 24, 2014 | $5.18 | ||
| May 31, 2014 | $5.18 | ||
| Jun 7, 2014 | $5.18 | ||
| Jun 14, 2014 | $5.18 | ||
| Jun 21, 2014 | $5.18 | ||
| Jun 28, 2014 | $5.18 | ||
| Jul 5, 2014 | $5.18 | ||
| Jul 12, 2014 | $5.18 | ||
| Jul 19, 2014 | $5.18 | ||
| Jul 26, 2014 | $5.18 | ||
| Aug 2, 2014 | $5.18 | ||
| Aug 9, 2014 | $5.18 | ||
| Aug 16, 2014 | $5.18 | ||
| Aug 23, 2014 | $5.18 | ||
| Aug 30, 2014 | $5.18 | ||
| Sep 6, 2014 | $5.18 | ||
| Sep 13, 2014 | $5.18 | ||
| Sep 20, 2014 | $5.18 | ||
| Sep 27, 2014 | $5.18 | ||
| Oct 4, 2014 | $5.18 | ||
| Oct 11, 2014 | $5.18 | ||
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