Step for expansion of gaming business

Elijah

Kisumu, Kenya

50% repaid

Entrepreneur

Name

Elijah

Member since

February 2021

On-time repayments

7 installments  •  57%

About Me

Am Elijah Odhiambo ,currently a student at Technical University of Mombasa pursuing Bachelor in Technology in Electrical and Electronics engineering. Am also an entrepreneur and running a small scale business (playing station ).

My Business

I run a play station (PS) which produces an average income of Ksh 2000 per PlayStation and I own 3play PS . My business operates within school where my target customers are students . But am faced with challenges like now am about to complete my studies in 3 months time and the school rule states that no stranger can operate a business within school so I plan to venture into another business which also quit promising that's car wash business . But my main drawback into this idea is startup capital to start this business . with my well drafted business plan . please may my request be considered positively .This mainly for equipment purchase

Loan Proposal

Use to lease the space for expanding my business to fully utilize my competition that has already been created

Income Source

Covid-19 pandemic has created a lot of challenges to the business like wastage of the space so as to adhere by the rule of 2metre apart .

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$28.00

Date disbursed

Apr 2, 2021

Repayment status

Late

Projected term

5 weeks

Lenders

AG

Alexandre Genereux

Gatineau, Canada

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  • Elijah    May 17, 2021

    I faced challenges due to the pandemic as I took loan to expand my business but later got an order from the administration to hold on a bit for its wasn't safe to my clients.

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  • Elijah    May 10, 2021

    I got a challenge more so during this error of COVID-19 I took the loan to expand the business but the administration ordered to stop the business till further notice . So couldn't adhere to agreed repayment schedule

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  • Elijah    Apr 19, 2021

    The business is progressing very well from my strategy of expansion of the business room

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  • Elijah    Apr 2, 2021

    I'll use the money to lease a space for my business

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  • Elijah    Mar 30, 2021

    Personally the main reason for requesting of my previous loan ,was to set a standard for my competitors and also attract customs which now the business is seriously doing well. But still have the plan of expanding it further to fully utilize the opportunity.

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  • Elijah    Mar 2, 2021

    Thanks so much now I have booked a fun worth Ksh2500

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