Name
Stephen
Member since
May 2013
On-time repayments
20 installments • 15%
My name is Stephen Mwarumba. Am twenty one years old. I come from a family which is poor and life has been hard for us. Am an educated youth. I went to primary education and secondary education right now am in collage doing part time course. I started this business so i can manage to pay for my collage fees. I do operate mobile video library on free time. The business is doing good since in the area it's only me doing that business. I got the idea at collage from other students. I have manage to pay for my school fees and also i have buy a full set computer. Am thinking of expanding my business even to rent my own business premises and employ someone to do the job when i will be in collage.
I do operate mobile video library on free time. The business is doing good since in the area it's only me doing that business. The young generation like to watch movie and series and even the older ones some of them do like watching movies especially soap opera. Am very social and easy to make friends so it's like an added advantage to my business. In a month i make about. Ksh 29500. I spend Ksh 11000 to buy movie and series (stock for my business) i spend about Ksh 6000 on transport and communication to track and keep in touch with my clients and suppliers. So in amonth i save about Ksh 12500.
Thanks so much for the first loan it has really helped me a lot. My business is running good am even planning to to hire human resource to increase my profit. Also i want to buy more stock and also a HP color laserjet printer. Am looking forward to get a loan here again and thanks so much my lenders for giving me the chance to grow my business.
Positive
1
Neutral
1
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Aug 9, 2013
Repayment status
On Time
Projected term
5 months
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