Nicholas
Nakuru, Kenya
$0 to go
100% funded of $100 goal
0
days left
Name
Nicholas
Member since
July 2013
On-time repayments
10 installments • 0%
Am Mwaura the resident of Nakuru. I have seen Nakuru town growing economically become one of the most attractive centre of business. Am lucky to be one of the people experiencing this phenomenon.
I come from a family of four. Am a college graduate having specialised in business management.
My parents introduced me into business world when i was a young person. When i become of age it was just natural that i start a small business. This is my third year since i started running the business.
Gradually , am happy that the busines has started picking and am able to make some profits. Through my profits am able to reinvest and the remaining , am able to buy and maintain my daily life.
I run my own business and its going to help me repay the loan.
I run a Movie lending , burning of movie ,CD printing and writing , selling of CDs and DVDs. Most youth like watching movies , indeed my own research has shown me that every of out of 10 youth , 4 watch a movie every day.
Customers prefer my movie shop as i always serve them fast and the quality of my movies are always very good. My business is profitable and i have been able to reinvest some of the cash into the business.
the only risk to the business is as i can not serve as many customers as possible , some of them go to my competitors.
My monthly revenue after i have paid my bills is between Ksh. 20,000 to Ksh. 25,000.i intend to use the profits from my business to repay my loan.
to buy more DVDs and some two DVD roams so that i can be able to boost my business i also intend to start a quick service where by my customers will be able to get their movies in time they order i hope and wish by Ur assistance i will be able to boost my business to greater heights thank you in advance
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Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jul 29, 2013
Repayment status
Late
Projected term
10 months
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