Buying stock of mobile phones

Joseph

Kisumu, Kenya

25% repaid

Entrepreneur

Name

Joseph

Member since

November 2018

On-time repayments

118 installments  •  74%

About Me

I am a 35 years old business person in Kenya kisumu at kibuye..my home place is embu mbeti north location kimangaru village..
I also do maize farming in embu

My Business

from electrical business where I mostly deal with mobile phones,TV's mobile accessories radios,recorders and all kind of electricals...
the business is located at the busy kibuye market

Loan Proposal

I will buy 60 mobile phones which I will get one at almost ksh1000 per piece in wholesale at Nairobi..I will hopefully sell each at not less than ksh1700 in kisumu kondele area..I closed my business at kibuye market in kisumu since the market was indefinitely closed by kisumu county government to enhance social distance to fight covid 19

Income Source

I deal with mpesa and electronic..mpesa business is always relied on for money transfer.i as well distribute mobile phones so I get customers at their doorstep which enable me to make big sales

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$500.00

Date disbursed

Sep 25, 2020

Repayment status

Late

Projected term

12 months

Lenders

JTShorty

Gorham, Maine, United States

F

Forfex

Zurich, Switzerland

S

seikatsu

Palo Alto, CA, United States

mikeice

Kohler, United States

sderickson

Berkeley, CA, United States

Dave Bogard

New York, United States

Akirahugo

Dortmund, Germany

V

Vidar

Oslo, Norway

AL

Adam Larkin

United States

KJ

Kevin J Baird

Cleveland, OH, United States

Paul Buchheit

Mountain View, United States

AS

Adam Sandland

United States

Girolamo Marroccoli

Basel, Switzerland

ND

Nick DiCesare

Denver, CO, United States

C

Camm

Australia

JV

Javier Vicente

Sarriguren, Spain

Black and White Zebra

Vancouver, Canada

L

Leigh

Australia

C

Cole

United States

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  • Joseph    Jul 16, 2022

    Good evening,,I know I owe you and it pains me that I am unable to settle your debt as we had agreed due to many hardships am facing,,I am planning to consolidate all my debts on September God willing and I will pay your debt.. kindly bear with me

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  • Joseph    May 28, 2021

    I have alot of financial constraints resulting from the covid 19 that affected my business

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  • Joseph    May 9, 2021

    Financial hardships

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  • Joseph    Apr 12, 2021

    I have financial challenges but I am aware I need to pay this loan since it assisted me..please give me more time as I reorganize myself

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  • Joseph    Mar 7, 2021

    Financial constraints

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  • Joseph    Feb 20, 2021

    Financial hardships

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  • Joseph    Jan 20, 2021

    I have been down after I closed my business following the ongoing demolition of businesses in Kisumu by the Kisumu county government

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  • Joseph    Jan 7, 2021

    My business have really been down for a while now

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  • Joseph    Jan 7, 2021

    Financial challenges I have been facing in my business for a while now

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  • Joseph    Dec 22, 2020

    I have been straining having lost my business after kibuye market kisumu was demolished

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  • Joseph    Nov 8, 2020

    Low business sales due to covid pandemic on kisumu

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  • Joseph    Oct 2, 2020

    After getting the funding my stock have not been bought the business has really been down..will resume normal payment immediately the business picks up

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  • Joseph    Sep 25, 2020

    Will add mpesa float and buy a few electronic eg mobile phone chargers mobile phone batteries etc

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  • Joseph    Aug 29, 2020

    I am from deep down my heart grateful for the loan I just completed.it really assisted me to fullfill my business growth agenda.i was however affected by vivid 19pandemic which made me to delay in completion

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  • Joseph    Jul 26, 2020

    The covid situation vhas really affected my business sales hence the profit is down..with many responsibilities I am left struggling

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  • Joseph    Jun 19, 2020

    Financial constraints following reduction of customers of customers..I also face a lot of problems to get stock from Nairobi due to cessation of movements to nairobi

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  • Joseph    Apr 26, 2020

    Low income due to the current covid 19

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  • Joseph    Mar 14, 2020

    Financial challenges but will soon clear

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  • Joseph    Feb 10, 2020

    I have had financial constraints late last year but things are now turning bright.chances are I might pay off this loan in full before 24th Feb 2020.i am expecting a huge sum by then from an investment I had done four years ago..so don't worry I will sort you out I can't forget your lend me this money when I really needed it..once again count on me k wount let you down

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  • Joseph    Dec 23, 2019

    financial challenges

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