Buy additional dvd lenses, motherboards and ics
Erastus
Timboroa, Kenya
100% repaid
Entrepreneur
Name
Erastus
Member since
June 2014
On-time repayments
24 installments • 29%
About Me
I am a youth businessman who believes in financial independence and that self employment and SME empowerment are the keys to Africa's financial freedom.
I am committed to this and my desire is to grow from one level of the business to the other to increase possibilities of employing other youths. I believe there is no limitation to anyone's dreams and as such I have big dreams for my business.
My Business
I deal in electronics parts such as ICs, Motherboards, Remotes, Speakers, Batteries, TV screens among others. During Covid, the business was impacted and limited because I had not digitized the platform that I could sell only something that affecting me negatively. Learning from this I have managed to create a digital platform that enables me to sell online.
Its through this that I have had lots of orders from clients who are asking me for products that I have not stocked yet. I am looking to get funding to enable me stock the high profit products that the clients have placed orders for and repay the loan while increasing my business. Getting a boost from Zidisha will go along way in fulfilling this dream.
Looking forward to hear from you even as we join hands to make this dream a reality.
Loan Proposal
Hello,
I intend to use the requested loan amount in purchasing the following items for my shop namely; DVD Lenses (DL6, DL5), Motherboards and ICs. The items mentioned above are spare parts that I sell to my customers majority of whom are electronic technicians dealing with repairs of all electronics. The reason of choosing the three Items from a list of many is because they are never enough for my customers. They are the most moving items in my shop and the demand is high than I can supply.
The profit margin is favorably high and that grounds my ability to repay any given amount within the time and installments pledged. Though small as it seems to many, in my hand the money will work magic. What is encouraging is that I have gained trust with my customers for quality products, variety, customer care skills and most importantly the ability go go an extra mile in solving their problems. My business is not a new venture but has been in existence for several months now and approximately 90% of my customers are return customers which guarantees "a must sell" approach.
I believe in what I do because I have passion and confidence it takes to be a game changer in my field. Therefore, lending to or investing in my business is empowering me to achieve more and also your guaranteed chance of getting your money back in time and in full. Trust and honesty are the pillars to my business and so shall be evident if you lend to my business.
Please assist in bringing my dreams to fruition.
Thank you in advance.
Sincerely
Erastus Mwangi Wachira
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jul 11, 2014
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
Bremen, Germany
Republic of Korea
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