Digital camera for photo capturing and processing
Emmanuel
Malindi, Kenya
100% repaid
Entrepreneur
Name
Emmanuel
Member since
March 2015
On-time repayments
264 installments • 80%
About Me
During my childhood my pet was cat and I loved playing with my pet all the time I was free. In my life the most difficult goal I achieved was that of joining a university this was after a hard struggle both in academics and financially. After high school I had to work for one year and save as much as I could to enable me join the university of my choice. These efforts together with community and friends help I managed to be admitted a university. During long holidays I normally work to earn and it is from these earnings I came to start my business. In our community there is one outstanding culture of ladies not allowed to wear men's clothes; it is an abomination. I would like my future children to be role models in the community, after attaining higher education I would like them to engage themselves in businesses because I can see that there is a great potential of becoming a successful in businesses.
My hobby is traveling, photography and swimming.
My Business
In my business I deal with retailing of stationery an I also offer services; photocopy, lamination, typing and printing.
I chose this business because its demand was high from the local residents. Further more, there were many school coming up well which increases the number of potential customers.
The total cost of my business stock is fifty thousand and this earns about ten thousand every month. I normally use about sixty percent of this on tuition fee and the remaining I reinvest for growth of my business.
In addition I do writing jobs while in campus which also earns me a little cash.
It is from these sources that I am going to draw cash to repay the loan.
Loan Proposal
The loan will help me raise money to purchase a digital camera at $150.
The camera will enable me increase the range of services I offer because I will be able to print photos which I did not offer before.
It will also enable me to propduce quality photos especially for my writing job where sometimes am required to submit photos.
This will definitely increase my earnings.
It will also bring this service close to the people because this service is of high demand to the local people. The increased earnings will enable me expand my business as well as enable me save for my school fees for the coming semester, september this year.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jun 3, 2015
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
United States
United States
United States
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