Name
Derick
Member since
August 2017
On-time repayments
94 installments • 49%
Am Derick kavai mwashi. Am 23 years old I was born in sabatia western province but currently I live in Nairobi this where I own a small movie shop along side going to school. I come from a family of 4, i am the third born. After completing high school I joined Tuk University in Nairobi where I study hotel management, it's taken me a while to complete this course because of limitations of finances. Since I have other siblings who are also in university and we all depend on our parents.
I decided to started this business to lessen the burden my parents had. That way am able to take care some of my bills like my hostel fees feedings and a few other things.
I own a movie shop and I have done this business for the past three years. I started this business in order to give a helping hand to my parents who at times struggle to meet our financial needs.
I usually attend to my business after classes and weekends and most of my clients are my school mates so most of the time I do make deliveries to them while at school.
The challenge that I face mostly is the capital to buy blank DVDs. Since my whole business depends on the availability of the blank DVDs.
At times a lose clients due to lack of DVDs and this is a challenge I would like to overcome and be able to have DVDs that can cover me for a long time.
In a month I make an average of kes 25000. I use this amount to pay for the rent of my business premises and the electricity bill. Then the remaining amount I use it to pay some of my bills and also make sure I do a little savings even if it's 200 this comes along way sometime.
Zidisha has been really a blessing to me, it has helped me to grow my business and build a clientele I did have before through the loans I receive and for that I would like to thank all who made it possible.
I have repaid my loan and I would wish to request for a new one.
This loan will help me to buy a duplicator machine, this machine will help make copies faster, this will help me meet my clients orders in time.
The machine will cost me $120, with a loan of $75 I will add $45 from my savings so that I will be able to buy the machine.
It's my sincere hope that you will fund my application.
Warm regards
Derick.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$86.00
Date disbursed
Dec 5, 2017
Repayment status
On Time
Projected term
3 months
Other loans
Ask Derick a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.