Add new stock to my business

Anthony Gichohi

Kayole, Embakasi,nairobi, Kenya

100% repaid

Entrepreneur

Name

Anthony Gichohi

Location

On-time repayments

230 weekly 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

Thanks Zidisha for the Support, Business was a bit unstable because of the elections and campains, but stability is resuming and things are going well.

If this application is approved I plan to add some used PC's, Decoders, and Tv's into my business, also I will buy cell phone spares and accessories with this funds.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$331.46

Date disbursed

Oct 1, 2017

Repayment status

On Time

Projected term

9 months

Cost to entrepreneur

Service fee: 5% of $331.46 = $14.82

Lenders

W

Witlof

Tsukuba, Japan

AndreaBravi

London, UK, Canada

Scott

Oregon, United States

BJ

Brandon Joz

North Carolina, United States

L

loistf

Madrid, Spain

ads68

Melbourne, Australia

A

Andy

Berlin, United States

G

glh25

Winooski, United States

fairspirit

Utrecht, Netherlands

A

AndrewC

London, United Kingdom

ibc123

Seattle, United States

E

E

Marin county, United States

Evan Lamos

Brussels, Belgium

M

Malibu

Westwood, United States

M

maverick

United States

A

andreab

United States

Mike and Jacqui

United Kingdom

Dave Bogard

New York, United States

MD

Miles Dodge

CORVALLIS, United States

W

Wade

United States

R

Rembrandt

United Kingdom

D

Daniel

United States

PG

Paul Graham

United States

N

Nick

United States

Aran Dunlop

United States

wissam

Jeddah, Saudi Arabia

JA

Jan Andresen

Hamburg, Germany

Craig Newmark

United States

Benjamin Kniaz

Boston, United States

VC

Victor Chong

United States

BE

Bob Ewing

United States

K

Kyle

Durban, United Kingdom

D

Dalton

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

Doron Elinav

Ramat Gan, Israel

A

As

United States

R

RMIM

United States

Mike

Indianapolis, United States

WC

Walter Clarke

Phoenix, United States

Paul Buchheit

Mountain View, United States

Pierre Louis Luxama

Lake worth, United States

A

Anonymous

United States

Nethanel Kohen

NYC, United States

CN

Craig Newmark

United States

Jonathan Paugh

United States

H

Haley

United States

LM

Lee Montecucco

Washington State, United States

CL

Chris loera

United States

R

Richard

United Kingdom

MH

Matt Hodges

United Kingdom

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

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