Business of purchase and sale of electrical and electronics
Robinson
Nairobi, Kenya
100% repaid
Entrepreneur
Name
Robinson
Member since
December 2018
On-time repayments
89 installments • 69%
About Me
I have been in the business of purchase and sale of electrical and electronics items /gadgets for profit making. It is for the purposes of expanding the business that I have come to zidisha to ask for a helping hand.
My Business
I am in the business of purchase and sale of electrical and electronics items with the motive to make profits. I purchase the items from wholesalers and sell at retail price which includes my profit margins. This has seen the business grow to the point where I am. I started from a very humble background of selling the items across the streets (hawking) and until I had enough to open a retail store.
Loan Proposal
I am going to buy a variety of electrical bulbs- energy savers from a new wholesale shop being launched in Nairobi town and the wholesaler is doing 35% discounts off for all purchases done within the limits of their terms of offer. This is an opportunity I could not let go. The first idea that came in mind was how I could raise as much money as I can, and take this opportunity, as this offer is for a limited time and so it is common sense that I buy as much stocks for sale as I can at that discounted price
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Loan Info
Project Type
Classic Loan
Disbursed amount
$319.25
Date disbursed
Aug 18, 2019
Repayment status
On Time
Projected term
4 months
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