Entrepreneur
Name
Kipng'eno
Member since
April 2016
On-time repayments
66 installments • 48%
About Me
I am an entrepreneur person who come up with new business Ideas in the market as to survive the the current trend of unemployment. After finishing my education of which I studied Accounting course, I feel the need to come up with some means and ideas of fighting unemployment issue as it is a national problem in my country. I decided to open up a video show in the near center where youths can come and get entertainment including watching football as many are fans of ballgames. It catch up well and currently I am expending more often to accommodate increasing number of fans. I have an idea of opening other branch in another area not so far from home. capital have been my problem that is why I am looking for lenders to lend me.
My Business
My business can generate 200-400 Ksh per day depending on the number of fans coming to my video show. On weekends the amount is relatively high due to increased number of youths relaxing within and also footballs games being played as many are fans of football. Monthly income can be relatively estimated to be 6,000 Ksh although I am speculating an increase in the coming weeks because I have a plan to increase the room to accommodate more clients and making it even more entertaining. I look forward to my lenders to lend me again so that i will improve further my business
Loan Proposal
With my loan of 40$, I plan to buy an extra screen to my Video show business which will increase the number of my clients coming and get full entertainment. The turn of my customers are increasing gently and it is now at boom because of holiday and high football games season. I expect to be receiving more than 50 customers per day each pay 0.2$ making a total contributions of 10$ each day. Paying back my loan will not be difficult.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$40.00
Date disbursed
Dec 14, 2016
Repayment status
Late
Projected term
8 months
Other loans
Lenders
Germany
Jake Gibson and Beverly Picardo
San Francisco, United States
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