Name
Elijah
Member since
October 2013
On-time repayments
272 installments • 7%
ELIJAH KAROKI WACHIRA
CITY/VILLAGE : BAHATI SCHEME
COUNTRY : KENYA
ADDRES : BOX 922 NAKURU
CELL PHONE : 0723179002
EMAIL : [email protected]
MYSELF
My Name is Elijah Karoki Wachira. Am married in monogamous family and am blessed with one child. I live in Bahati division in Nakuru county .Am learned and i have O level certificate and have computer certificate .I started a business to get daily bread and to cater for future challenges (to get money for future use).My business is situated at Karunga shopping centre.
I sell mobile phone accessories, phone repair, computer repair and televisions. I also sell movies and renting them. My business has many customers and I earn a basic profit of about ksh 40,000 per month which amounts to ksh 480,000 per year. This is due to urban and rural electrification which has facilitated the growth of urban center and rural areas so many people have bought video players, computers, televisions, mobile phones e.t.c. The risks I face is that many people do not have computer knowledge , some do not return movies after they have completed viewing them, house rent is very high and I may like to build my own premises so that money of rent I can buy other basic needs.
I have been saving for the past three months, with my savings i intend to increase my accessories and purchase new video machines which will help me face some of my challenges and reduce business risk and uncertainties. according to savings i happen to have, the amount will not fully cater for all this requirements. the loan will help increase my purchase and the more i will be able to buy, the more my business will grow financially.i aim to also purchase another computer with an aim of open a computer lessons. i also need to increase my repair tools, and movies.
Positive
5
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Oct 25, 2013
Repayment status
On Time
Projected term
10 months
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