Addition of new stocks to electronics shop

Sammy

Naivasha, Kenya

100% repaid

Entrepreneur

Name

Sammy

Member since

July 2013

On-time repayments

19 installments  •  74%

About Me

my name is as i have stated above.my occupation generally is business.i own a small shop dealing with all kind of electronics (home visual and audio machines). I also do repair them as a part of my duty, as my part of profit from the business, i do purchase new models of this staff one by one depending on how they move in the market and as preferable by my the costumers.
I live in a town known as naivasha 92km from nairobi city, a place called site which is based on the north of the town (naivasha).
My family do live far a bit in a place called nyondia. its 6 kms from naivasha. I am fourth from a family of seven.

My Business

I purchase all kind of home machines (visual and audio). In such business every thing is competitive especially when you deal with audio machines cos' they are of many type and you find a bit difficult to convince a costumer to pick it just in case he/she did not get the quality which h/she wanted. As by so it also become sort of challenge if you've got some machines which are out of time/old model because they can remain stagnant for quite sometime.
The big risk can occur where may be you are testing a machine then it get damaged in the process, that cannot be taken/sold in that condition by so you have to repair it.
My costumers' prefer my business because of simple things such as how i relate with them, in term of everything call it price,my machines model and communication.

Loan Proposal

thank you lenders for the previous funding, my bussiness has been doing well despite of some little things here en there but i have already incur them.
On this current loan am intending to boost my bussines by adding more small stocks such as Tv screens, and Tv decorders.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$47.00

Date disbursed

Apr 10, 2015

Repayment status

On Time

Projected term

2 months

Lenders

Paul Buchheit

Mountain View, United States

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