Adding stock to my electronics shop

Dennis

Thika, Kenya

39% repaid

Entrepreneur

Name

Dennis

Member since

January 2015

On-time repayments

58 installments  •  55%

About Me

I am denis ngowi aged 21years old. i come from a village in central province where agriculture is the main economic activity but i moved out from my parents home to look for employnent but in vain so i decided to start my own small electronics shop. I now live in Runda estate in Thika Kiambu County.The shop has been in existence for almost one ye
ar now and it has been paying my bills and sometimes sparing some to send home to help my siblings.

My Business

I sell electronics at Thika town next to kasmat supermarket opposite Kenya commercial bank. Thika is a fast growing town and hence there is a high demand for electronics. Competition is high as there are other electronic shops but I have managed to thrive as a result of quality good s and good customer relationship. This business generates between USD 150 to USD 250 per month which I use to add stock to the business.zidisha loan will help me add to the little money i have and add stock to my business.

Loan Proposal

Having received the loan i will use the money to buy one t,v set at a cost of USD 50 and 5 dvd players at a cost of USD 100.I will sell them at a good profit since the tv will go for USD 80 and the dvd players will go for USD 150 or even higher.This will have a big impact on the growth of my electronics shop so it will be one step towards achieving my goals.I would therefore like to ask the lenders to please fund me and help make this come true.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$159.00

Date disbursed

Oct 6, 2015

Repayment status

Late

Projected term

7 months

Lenders

A

andyfletcher

I want my "My loans" page back, Qatar

F

FHult

Stockholm, Sweden

Matt B

Stratford Upon Avon, United Kingdom

PG

Paul Graham

United States

PR

Paul Rausch

United States

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