Boost stock for computer store

Duncan

Thika, Kenya

100% repaid

Entrepreneur

Name

Duncan

Member since

December 2014

On-time repayments

443 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

Am going to buy phone memory cards, more flash-disks and Hardisks. i wish to do a marketing campaign in colleges and town shops so as to sell the products in wholesale and bulk. i wish to employ a number of sales persons to pay them on commission basis so as to boost the sales per day. this will increase the ability to expand and provide employment for others.
I have analyzed the viability of the market for these products and i have found out that Thika town has a lot of consumers and these product will move.

Feedback

3

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$230.00

Date disbursed

Apr 17, 2015

Repayment status

On Time

Projected term

3 months

Lenders

investor

Candiac, Canada

COOPITALIST

Toronto, Canada

Pere

Barcelona, Spain

T

ToddK

Indianapolis, IN, USA, United States

A

ashtanga99

Newport, United States

J

JoJoHouse

New Castle, United States

birtom

Ettlingen, Germany

B

bugsheep

Houston, United States

Jouni

Finland

ads68

Melbourne, Australia

fairspirit

Utrecht, Netherlands

E

E

Marin county, United States

P

Popcorn

Berkeley, United States

C

Clben7

Cincinnati, United States

M

mueba

Frankfurt, Germany

A

akshu71

Ottawa, Canada

Matching Fund

Sterling, United States

J

Jonas

Linköping, Sweden

Paul Buchheit

Mountain View, United States

mepster

San Francisco, Ca, United States

A

adamdreaming

United States

A

andreab

United States

KM

Kirsty M

United Kingdom

Kevin

San Francisco, 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.

    Log in to reply • Share
  • 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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