Add inventory to my general-merchandise business

Anthony

Kayole, Embakasi,nairobi, Kenya

100% repaid

Entrepreneur

Name

Anthony

Member since

March 2016

On-time repayments

236 installments  •  66%

About Me

i went to school at mukui primary in 1993 and dropped out in class seven due to lack of school fees. Then i was employed as garden helper for seven years up to 2008when i joined Fyko chemical company up to 2015 July when i was rendered jobless due to company retrenchment of employees.i used my hard earned savings to start a business in Tassia estate, Embakasi, Nairobi. While i was in FYKO chemicals company i used to visit a friend who does repair electronics and from him i acquired basic knowledge on electronics repair and maintenance.

My Business

I deal with general buying and selling of second hand goods ranging from electronics to furniture, house holds to office equipment, fridges coolers and many more. i also do Phone repair. i also have sound system for hire for small functions such as birthday parties, family meetings and other minor functions
basically my business i located in an area of lower class people who can rarely afford new products such as households and most prefer to buy used items as they are cheaper and are in good condition. I chose this business because i could start it with the small capital i had.
The only costs involved in this business are the county council license and Music Copyright Society of Kenya license because i deal with Audio visual systems. Others are electricity and water bills.
I use the profits realised for the upkeep of my family and plough back whatever remains after my expeses are catered to improve the business

Loan Proposal

Since my last loan, my business has seen drastic increase in demand of more products. I ventured further in home supplies like smart and digital TV sets (which are on high demand now, and massive returns) and decoders. My cell phone business is going well and also needs a boost to expand my space due to hiring youths from my area who need work and mentor-ship.
This current loan will be used to expand my mobile phone repair business by buying further equipment and inventory, and also add inventory to my household electronic business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$827.00

Date disbursed

Nov 18, 2018

Repayment status

On Time

Projected term

4 months

Lenders

M

marycb

United States

T

Tmann

Los Angeles, United States

C

CWS

Huntington beach, ca, United States

Feldborg

Stuttgart, Germany

M

Monarch84

Las Vegas, United States

investor

Candiac, Canada

canadianlstan

Toronto, Canada

J

JonnyPrice

San Francisco, United States

C

chkuo

Taipei, Taiwan

BelleStarr

Albuquerque, United States

jesuisneil

MATTESON, United States

cyrus0302

San Francisco, United States

AltruisticSelfishnes

Chicago, United States

D

Davieboy

Melbourne, Australia

B

Bpryse

Long beach, United States

DeanDropshot

Oslo, Norway

ninamaqami

Ankara, Turkey

ErikN

Stockholm, Sweden

Ambrose

Calgary, Canada

Tjitser

The Hague, Netherlands

F

FaaThailand

Bangkok, Thailand

R

rcmssr

Woodbury, United States

S

share

Whitby, Canada

johnandmoliehi

Canton, New York, United States

T

ToddK

Indianapolis, IN, USA, United States

J

JakeA

Wellington, New Zealand

C

cjmenchaca

Austin, United States

Joseph P. Edd

Seoul, Republic of Korea

Y

Yasha

Beer Sheva, Israel

J

JaMinLu

Concord, United States

E

Elisa

Espoo, Finland

A

AlexCheng

Seattle, United States

beverly

Vancouver, Canada

J

jjonas

berlin, Germany

EmilAsker

Lomma, Sweden

B

Bavarian

Bavaria, Germany

TheMoonDuster

Brisbane, Australia

R

RogerBare

Houston, United States

C

chrisherron

Chicago, United States

F

fisaire

Ithaca, United States

A

Annana

Kanata, Canada

dajawein

Gladstone, Australia

indeh

London, United Kingdom

F

FilemonInvest

Odense, Denmark

J

Jaslogic

Castle Rock, United States

Sundstroms

Falun, Sweden

V

vaglio

Vaglio, Switzerland

S

suzerain

Kuala Lumpur, Malaysia

rasmus

Bern, Switzerland

J

JandC

Watsonville, United States

M

MarcAndreD

Saguenay, Québec, Canada

DLarson

Morris, United States

A

Anonym0us

Lisboa, Portugal

Cloudways

Malta, Malta

element

Trondheim, Norway

Andreas1974

Fristad, Sweden

DukusP

Glendale, United States

clemenchiang

Singapore, Singapore

P

PhilACK

Brampton, Canada

E

elhanan

Columbus, United States

A

Austin

Long Beach, United States

S

SvenWaage

Stavanger, Norway

L

loistf

Madrid, Spain

B

BClay

Campbell, United States

ads68

Melbourne, Australia

R

Rking

Eugene, United States

Christopher

Copenhagen, Denmark

H

hchsmicroloans

New York, United States

Alina

Amsterdam, Netherlands

A

Aaron

Zurich, Switzerland

Z

zblongladder

Somerville, United States

R

Roxyclark

Heber City, United States

B

Bluejay

Magrath, Canada

OlyRhys

Olympia, United States

Y

Yevrahs

Dallas, Texas, United States

P

Peksa

Espoo, Finland

ohlandtmann

Moorestown, United States

J

jerryq

Redding, United States

Eduard

Dnepr, Ukraine

L

lilbsedz

Raleigh, United States

T

Tui1974

nuenen, Netherlands

R

Rearden

STAVANGER, Norway

L

leeirel

Edmonton, Canada

basicus

Cairo, Egypt

Maxey

Amstelveen, Netherlands

A

Andy

Berlin, United States

C

chrono

Toronto, Canada

chadgibbs

Loveliest Village, United States

JC

Jordi Cohen

New York, NY, United States

G

glh25

Winooski, United States

fairspirit

Utrecht, Netherlands

Gordons28

Santa Monica, United States

I

ianb723

ROCHESTER, United States

Richard100

Santa Ana, United States

P

prashant

SUNNYVALE, United States

S

solarkismet

Logan, United States

RckyMntFamily

Colorado, United States

N

nba1999

Beijing, China

A

amish

San Francisco, United States

A

Avalokiteshvara

Yau Yat Chuen, Hong Kong

James

Paris, France

H

HomesteadSchool

Glen Spey, United States

N

Neveda

Flagstaff, United States

Patrick

Berlin, Germany

U

UTLonghorn

Lincoln, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

K

kjustad

Asker, Norway

numbat

Perth, Australia

K

Krish

Dubai, United Arab Emirates

PulsoJewelry

Los Angeles, United States

F

Fritzimax

Pacific City, United States

B

b_plok

Granada, Spain

J

jocke

Stockholm, United States

GarmdGriek

Oslo, Norway

Hedwich

Gorssel, Netherlands

iamdaimo

London, United Kingdom

B

Bokolo

Leeds, United Kingdom

G

gradient

KFAR SABA, Israel

H

HobbyCollector

Beach City, United States

gseletko

South Perth, Australia

S

smetis

Kananaskis, Canada

S

Sreval

Manly, Australia

FriendinOregon

Hillsboro, Oregon, United States

P

Pavane

Kungsbacka, Sweden

W

wilma95

napa, United States

O

Ohio

Ohio, United States

T

ThereIsNoGod

Singapore, Singapore

JonB

London, United Kingdom

C

cranejoad

cazenovia, United States

xtrahardware

Cazenovia, United States

somuchjackson

Boston, United States

E

Esseni

Cincinnati, United States

Genady

Münich, Germany

J

jinx83

Brisbane, Australia

R

rosebo

Bend, United States

E

E

Marin county, United States

M

mzhope

Harrisburg, United States

H

happytrailsjpd

South Bend, United States

M

markus61

cologne, Germany

L

Lennert

Alphen aan den Rijn, Netherlands

M

mibrahim51

Mountain View, United States

Evan Lamos

Brussels, Belgium

dlpringle

Denver, United States

G

GreenMoney

Lahr, Germany

TomF925

www.AfricaLeap.com, United States

sderickson

Berkeley, CA, United States

G

GoughGirl

Washington, Dc, United States

E

elhh82

Petaling Jaya, Malaysia

M

Malibu

Westwood, United States

D

drorm

United States

O

osubucks45

United States

J

Jonas

Linköping, Sweden

L

lenders

United States

camden01

Connecticut, United States

raychieng

Sibu, Malaysia

N

nswanberg

United States

R

Russell81

United States

K

kvillantz18

United States

J

jay12

Germany

E

emosler

United Kingdom

A

ATMiller

United States

M

merk85

United States

R

richardbrewster

United Kingdom

B

brianchicago

United States

B

bugdaniel

Switzerland

E

eliastheroux

United States

M

mitchmk84

United States

S

salonasante

United States

AltruismUSA

Los Angeles, Ca, United States

joshuacollinson

Vienna, Austria

A

ajayhk

San Jose, United States

GMc50

Australia

TyWee

Manila, Philippines

D

dscottprod

United States

B

bscent

Hong Kong

Vesa

Helsinki, Finland

I

idris

United States

M

Medagan

San Franciso, United States

Bryan

Houston, United States

C

ColoradoSkier

Denver, United States

SV

sven vdk

Twickenham, United Kingdom

Dunfy

United Kingdom

M

M.Umar

Pakistan

PolarBearCapital

United States

A

adamdreaming

United States

SuperMario28

Cudahy, United States

KieranB

Ireland

Robert Long III

Bridgman, MI, United States

R

ross22

United States

Mike and Jacqui

United Kingdom

Jeroen Decock

Gent, Belgium

FATman

Frankfurt, Germany

Dave Bogard

New York, United States

Family Mueller

Petershagen, Germany

D

dsfranz

Gaeta, Italy

Kriszti

Houston, TX, United States

Robert

Sweden

R

Robert

Berlin, Germany

W

Wade

United States

Thomas

Mueller, Germany

moursund

Beaver Nation, United States

Julia

United States

Cameron Graham

Nashville, TN, United States

MR

Michiel Rauws

San Francisco, Netherlands

Pedro R-C

Cambridge, United States

Aran Dunlop

United States

wissam

Jeddah, Saudi Arabia

Surya Setiyaputra

Sydney, Australia

A

Andrei

United States

Cliff

United States

AO

Amara Ogle

United Kingdom

Thomas

Sweden, Sweden

KE

Karen Epolito

Syracuse, NY, United States

PR

Priscilla Rathbone

Seattle, Washington, United States

V

Vidar

Oslo, Norway

P

Phips

Switzerland

Tim and Kathy

Oregon, United States

KirstenAlana

Los Angeles, United States

Rick

United States

Bart Vogelzang

Ladysmith BC, Canada

Benjamin Kniaz

Boston, United States

JA

Joshua Axtell

United States

JV

Jose Vidal

New York, United States

R

Ryan

Albuquerque, NM, United States

R

Ralf

Germany

M

Mark

Toulouse, France, France

D

Dalton

San Francisco, United States

Dean Suminski

Portland, Oregon, United States

S

Southbanker

Reading, United Kingdom

Brandon Wright

Salt Lake City, Ut, United States

Christian

Vienna, Austria

R

RMIM

United States

B

Brian

Rancho Cordova, United States

Paul Buchheit

Mountain View, United States

Tyler Metcalf

Utah, United States

S

Sarah

Arlington, United States

BN

Bence Nagy

Czech Republic

ZS

Zach Silveira

Asheville, Nc, United States

S

S

Canberra, Australia

Chris

Zurich, Switzerland

Masato

Utah, United States

A

apolet

United States

PA

Peter A

New York City, United States

K

Kindra

USA, United States

A

Andy

United States

AO

Ahmed Omar

Netherlands

R

RM

Australia

J

John

United States

Francesca

Scotch Plains - New Jersey, United States

EA

Eric Ayers

Atlanta, United States

A

Anonymous

United States

SW

SL Wilson

United States

KA

Kate and Tom

United States

DD

Dixie Davis

Kyle, United States

JD

Jakob DeMill

United States

KM

KNI ma

United States

C

chellepaningbatan

United Arab Emirates

Andrew

United States

Daniel Carvalho

Lusaka, Zambia

GF

Gammon Family

United States

NB

Nikolaus Bührer

Karlsruhe, Germany

E

eoghan

Switzerland

M

mhuuden

Netherlands

Ask Anthony a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Please log in to comment.

  • Daniel    Sep 16, 2021

    Dear Lenders,
    I have spoke to Mr Gichohi and he has promised to make some payment tommorow

    Log in to reply • Share
  • Anthony    Aug 6, 2021

    Back to school season

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  • Lewish    Jun 21, 2021

    We've spoken an Gichuhi has agreed to adjust to an amount he can comfortably pay weekly until his business gets back to normal

    Log in to reply • Share
  • Lewish    May 17, 2021

    His business was affected by curfew but since it's been extended, he's starting to gain more profits and intends to service his loan as soon as possible.

    Log in to reply • Share
  • Anthony    May 14, 2021

    Business is slow

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  • Hadija    Apr 21, 2021

    I wasn't able to reach Anthony but I'll try again later.

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  • Anthony    Apr 13, 2021

    Slow business due to corona lock down

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  • Anthony    Mar 13, 2021

    Business is slow

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  • Anthony    Feb 24, 2021

    Business is slow for the moment

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  • Patrick    Feb 3, 2021

    He will be settling the loan balance this new month of February.

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  • Anthony    Jan 19, 2021

    Slow business

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  • Anthony    Dec 30, 2020

    Holiday season business is low

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  • Janice    Dec 29, 2020

    He promised to send his payments after he comes back from his rural home.

    Log in to reply • Share
  • Janice    Nov 27, 2020

    Gichohi has just told me that he changed his payment plan due to negative business outcome.

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  • Anthony    Nov 11, 2020

    Slow business

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  • Janice    Oct 21, 2020

    The member has challenges with cash even though he will be sending his dues as per his new schedule.

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  • Anthony    Sep 24, 2020

    Work has yet to resume to normal

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  • Janice    Sep 19, 2020

    The borrower is still commuted and willing to continue on servicing his loan soon.

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  • Anthony    Aug 29, 2020

    Corona lockdown effect

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  • Janice    Aug 19, 2020

    I told Gichuhi to adjust to an amount he can comfortably pay without problem weekly until his business gets back to normal.

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