Renting a space & buying equipment for my movie shop
Alex
Kahawa, Kenya
17% repaid
Entrepreneur
Name
Alex
Member since
October 2015
On-time repayments
77 installments • 74%
About Me
am a 23 year old guy. very hard-working and ambitious. i aspire to achieve great things in life and i know i cant do that alone thats why am here to get a helping hand. i am a honest person and i honour my promises and responsibilities that why i know i wont have any problems in repaying my loans on time, i'll be looking forward to having any assitance possible. thanks
My Business
i have a small movie retail shop for now its online but i would like to put in it in premise in the near future. i basically make adverts on my online page and interested clients make orders and i deliver to their homes. i can say i make kes 12000-15000 a month. i have done the business for 3 years now alongside schooling, i consider it time friendly and a good way of making income
Loan Proposal
I have been doing my movie business online and it has been a vision of mine to put it in premise that way I would refer my clients to the shop in case am not able to do deliveries when am in class. I had opened a target savings account to help me buy some of the equipments required to run a movie shop and acquiring papers for the shop. So far I have managed to buy a computer desktop , a desk and a sofa where my clients would sit as they wait for their orders.
After accessing myself I think am ready to go to the next step with your help. I would like to request for a loan of $370 to help rent a shop, renting a shop will cost me $200 for a period of 3 months, I plan to incorporate a printing shop this will help me maximize my returns I will also use part of the loan to purchase a printer. A printer will cost me $ 120. The remaining loan I will use it to purchase blank DVDs and pay for my internet service provider.
I will continue to run my online shop as well as the movie shop this means I will have to hire someone to help me out when am not available since i have to attend classes and I will pay him on commission.
I hope you will believe in my idea and help me reach my goals by funding my loan. Thanks
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Loan Info
Project Type
Classic Loan
Disbursed amount
$372.00
Date disbursed
Aug 22, 2016
Repayment status
Late
Projected term
68 months
Other loans
Lenders
Jake Gibson and Beverly Picardo
San Francisco, United States
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