Video hall equipments

Kipng'eno

N, Kenya

98% repaid

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

My business is a video show, I have a problem in with some of my equipment like sound equipment which become a problem in entertaining my clients. I wish to buy an Ampex Woofer to amplify the sound in the video show hall. It is costing 30$ and it come with five small sub woofers. This will help me a lot and increase the number of customers to my business. This will increase my profit at a margin of average 20% per week.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$20.00

Date disbursed

Jul 6, 2016

Repayment status

On Time

Projected term

4 months

Lenders

F

flaguy999

Tampa, United States

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