Aki phone accessories

Andrew

Mbale, Kenya

100% repaid

Entrepreneur

Name

Andrew

Member since

February 2015

On-time repayments

171 installments  •  52%

About Me

I come from a humble luhya background. I attended muhanda primary school. I worked as a herdsboy to be able to catter for my highschool fees. My father passed on before I was able to stabilize in the start of firm two. Me being the first born son after my sister in a family of four ,I borrowed a bicycle from a neighbor and operated boda boda to catter for food,pens,books and personal items not forgetting food for my family since my father was no more and mum had no job at all. I also applied for Cdf bursary which helped me a lot till I sat for my kcse and passed.
I then joined college and studied electrical engineering (power option) which I also did well. I'm now a self employed person in any electrical contracts and services.
I'm now faring on well. With the last loans that you granted me I've been able to grow in business and in life. I now fend for my family comfortably.
Thanks so much for offering me the loan and I look forward to getting this other loan.

My Business

I started a shop for selling phone accessories in October last year(2014) at Chimoi-webuye.
These goods are so essential since phones are always bound to fail or spoil hence accessories come in handy.
I chose this kind of business since I had some technical knowhow of phones due to the training I got while in college.
Costs come from licenses from the municipality and county government .
Profits are ploughed back into the business for its growth since I don't have kids at the moment.
I have now grown in business because I'm not only selling the phone accessories, I've also added few electronic goods and repair services for phones and electronic gadgets.

Loan Proposal

If granted the loan I will use the money to add more stock to my business including memory cards, data cables, phone batteries I.e Samsung, Tecno,Nokia,itel,lg,bird,xytel, buy new models of accessories, slightly add more shelves in my shop so as to hold more stock,buy basic spare parts of phones and buy tools for phone repair-$100
I will also buy some cheap phones to start selling together with flip covers and phone packs and carriers-$30
Earphones and headsets inclusive of wireless earphones and advanced Bluetooth sets-$50
I will be so great full because I will also be able to offer a job to someone since my sales will have increased and I will be able to be of help in the society by paying someone a salary to better his or her life and family.-$20

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$201.00

Date disbursed

May 29, 2015

Repayment status

On Time

Projected term

10 months

Lenders

PG

Paul Graham

United States

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