Adding mobile-phone S.I.M. cards to my shop

Joseph Gatiba

Kimende,kiambu,kenya, Kenya

100% repaid

Entrepreneur

Name

Joseph Gatiba

Member since

February 2014

On-time repayments

329 installments  •  21%

About Me

I am aged 28 years old and married with one child, i have worked with two communication companys as a sales person namely yu and airtel kenya dealing with their products , i done this for two years and since i had a passion in relating with people and traveling, i decided to start a business that i would be doing direct sales /marketing and with the knowledge i had accuared when in the two companys i decided deal with mobile phone accesories / assorted electricals and electronics, i had saved twenty thousand shilling and i decided to use this as capital although the business is good i have been having the problem of goods since i didnt have enough capital and i believe if i can get enough money my business can get to another level.

My Business

I have a business where i am dealing with mobile phone accessories like chargers memory cards ,batteries, housings, screen protectors , lines,plus assorted electricals which i supplies to retailers who own accessories shops in various towns and by doing this i save them the time and money they can use when coming to Nairobi to shop for the same goods. It has been a good business because they even have my number so in case they need something they just order and i organise myself and i never let them down. I have one employee but as the business grows i hope to add more people and that way i will also create employment currently i have about 100 retailers who rely on me to supply them and I believe many more can be found if i had a financial support. .Thanks a lot Zidisha team i believe with your support I can achieve my dreams.

Loan Proposal

Hello lenders , I have a business where I deal with phone accessories which i have operated for the last three years, I would be very happy if I get this loan because I will be in a position to introduce mobile phone simcards which is in high demand in the interior towns where I supply the accessories I already have orders for them but I have not been able to supply them due to lack of enough cash to do so.With the requested cash ,I will be able to purchase 550 pieces with an income of 25$ every day, I will use the income that i have been getting from my business to repay the loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$514.48

Date disbursed

Jun 19, 2014

Repayment status

On Time

Projected term

6 months

Cost to entrepreneur

Lender interest: $514.48 at 8.14% annual rate over 6 months = $22.55

Service fee: $9.90

Lenders

C

Cblodgett

Zurich, Switzerland

M

marvin24

Giessen, Germany

ErikN

Stockholm, Sweden

F

FHult

Stockholm, Sweden

MichaelDean

San Jose, United States

Jouni

Finland

T

tkromm

Agia Paraskevi, Greece

L

laurashearin

Greensboro, United States

E

Erenthydal

Raanana, Israel

calvero

Bergen, Norway

H

howard

Vence, France

Sarasota

Sarasota, Fl, United States

Matching Fund

Sterling, United States

Jonas

Brussels, Belgium

L

LittleJohnny

United Kingdom

S

sbower33

United States

Vesa

Helsinki, Finland

Sputnik

Switzerland

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