To boost stock for my computer store

Duncan

Thika, Kenya

100% repaid

Entrepreneur

Name

Duncan

Member since

December 2014

On-time repayments

442 installments  •  91%

About Me

I was born in Thika town, kiambu county, Kenya .
I schooled in Jomokenyatta University (bsc maths and computer science)
since i joined i sought how i could do business while studying. I started by saving . After a year I had saved enough to put up a snack shop.
In the year 2013 i registered Thikatel computers to trade in selling computers and Information technology services.

My Business

My business Thikatel computers engages in selling computers, repairs, maintenance and other I.T related services.
I have been running the business for close to 28 months. I started with services but have since been able to grow in stocking desktop computers and laptops.
I offer services like repair of operating systems,
computer hardware repairs,
networking,
I sell desktops, laptops, and computer accessories.
I chose this business because I had interest in computer hardware and was good in it. This field is profitable due to the increasing number of college students in Thika town, however is also needs high capital to meet the demands.
Currently i stock few of accessories and machines.
I pay the rent of the business premise and support my family from the proceeds.

Loan Proposal

I now have been running my computer shop and offering repair services. i have learnt that as i do the service i need lots of accessories both for phones and computers.
i need this loan to increase the stocks to a level i can buy bulk and distribute then to retailers. so far so good av been able to sell as are retailer but the goal to do whole sale still on course.
i have been able to start another small phone shop near my house where my wife is able to work. my wife no longer stays in the house.

Feedback

3

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$332.00

Date disbursed

Aug 9, 2015

Repayment status

On Time

Projected term

2 months

Lenders

PG

Paul Graham

United States

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  • Duncan    Apr 11, 2024

    I have had a very bad business season, Am trying to run two shops after relocating the first shop to a more open space but thing are not looking good for now

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  • Duncan    Mar 13, 2024

    After doing some changes which included shifting the location, there has been a down time and therefore the missing payments,

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  • Duncan    Feb 8, 2024

    am doing some upgrade to the current shop including the expansion after relocating to a bigger and more open space thus the late repayments.

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  • Duncan    Feb 1, 2024

    reducing for some short periods to adjust so that i can make some useful investment return

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  • Duncan    Jan 31, 2024

    there has been a down time in the business sector especially in major town, hence the need to reduce the installments into manageable levels.

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  • Duncan    Dec 18, 2023

    reducing for some short periods to adjust so that i can make some useful investment return

    Log in to reply • Share
  • Duncan    Nov 28, 2023

    Reducing for some short periods to adjust so that i can make some useful investment return

    Log in to reply • Share
  • Duncan    Nov 16, 2023

    there has been a down time in the business sector especially in major town, hence the need to reduce the installments into manageable levels.

    Log in to reply • Share
  • Duncan    Oct 27, 2023

    Reducing for some short periods to adjust so that i can make some useful investment return

    Log in to reply • Share
  • Duncan    Oct 10, 2023

    there has been a down time in the business sector especially in major town, hence the need to reduce the installments into manageable levels.

    Log in to reply • Share
  • Duncan    Sep 24, 2023

    to resume later so that the schedule fits the plan. i will resume once am confortable

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  • Duncan    Sep 16, 2023

    Reducing for some short periods to adjust so that i can make some useful investment return

    Log in to reply • Share
  • Duncan    Sep 16, 2023

    i want to Reducing for some short periods to adjust so that i can make some useful investment return

    Log in to reply • Share
  • Duncan    Aug 21, 2023

    Reducing for some short periods to adjust so that i can make some useful investment return

    Log in to reply • Share
  • Duncan    Jul 20, 2023

    there has been a down time in the business sector especially in major town, hence the need to reduce the installments into manageable levels.

    Log in to reply • Share
  • Duncan    Jul 13, 2023

    Reducing for some short periods to adjust so that i can make some useful investment return

    Log in to reply • Share
  • Duncan    Jul 12, 2023

    here has been a down time in the business sector especially in major town, hence the need to reduce the installments into manageable levels.

    Log in to reply • Share
  • Duncan    Jul 4, 2023

    Reducing for some short periods to adjust so that i can make some useful investment return

    Log in to reply • Share
  • Duncan    Jun 9, 2023

    there has been a down time in the business sector especially in major town, hence the need to reduce the installments into manageable levels.

    Log in to reply • Share


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