Buy hard drives and tft screens

Philip

Nakuru, Freehold Estate, Kenya

100% repaid

Entrepreneur

Name

Philip

Member since

February 2015

On-time repayments

52 installments  •  98%

About Me

I am Philip Nganga, I live in Nakuru and I have a business I operate at Nakuru CBD at a building opposite Nakuru top market, I am a father of one child called crystal and I was brought up in Nakuru town and this is where I still live, I schooled at Kenyatta Secondary for my high school and Primary I schooled at mama Ngina Primary schools.
I started my business because after finishing my college I felt its not wise being just idle around and I have bright future, I felt I should start it to help me fulfil my tufure needs. I love watching movies and as well walking and hiking. I have worked as a door to door
marketting salesman, where got payed by commission, and in that job I learned how to keep my possitive mental attitude.
I have worked as a waiter while trying to make ends meet.It payed very little, but I managed to save a little, I started my own business from the little saving I had put aside and some assistance from family and friends.

My Business

My Business deals with entertainment, I am located at Nakuru opposite Nakuru top Market, I sell movies and also I do sell some computer spair parts , I sell flash disks, Memory cards,Empty DVDs and CDs to my clients,I get an income of $560 monthly after paying my rents for my house and business building inclusive of electricity and also water, I remain with a saving of $120 which I found it a good rewarding.
I believe that the best proffession in life is one that you are passionate about and most of all enjoying doing.With some computer knowledge i had aquired from I.A.T , I came up with an idea to custom build my computer, this machine would be the heart of my business and by researching day and night I was able to build my dream machine.

Loan Proposal

I intend to buy hard drives and computer tft screens. Hard drives at a cost of 50$ for 500 gb and tft screens at 55$ for 19 inch. I will be able to sell the 500gb hard drives at 70$ and the 19 inch tft screens at 80$ respectively.
The market for hard drives, computers and screens is high due to the fact that almost every high school graduate wants a computer and some want to use them for business. My target is to get into that market especially during this holiday season.
I expect to make 20$ profit from hard drives and 25$ profit from tft screens.
I have already found the market for hard drives and screens because I have sold a few of my old ones while upgrading my business. and the rest DOLLAR i will purchase cases and empty DVDs
by adding more products to my business, I have been able to add sales and profit.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$240.00

Date disbursed

Feb 7, 2016

Repayment status

On Time

Projected term

13 months

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Elinor

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ErikN

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mepster

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M.Umar

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J

Joe

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E

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antwerpen, Belgium

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Brianne Keyes

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PG

Paul Graham

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Tomi Astikainen

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Munich, Germany, Germany

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Sachet Marion

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Jane Mattoon

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AH

Amy Hammond

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RK

Robin Kline

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  • Margaret    Oct 2, 2018

    Good luck Philip with you new loan!

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  • Philip    Sep 2, 2018

    Introducing people only brings complications. I know that I am responsible for my actions. I cannot predict other people. Dear lenders, do not judge me guilty by association.

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  • Philip    Jun 9, 2017

    Thank you for your wonderful support. I managed to set up another business. It is already working. I am in the process of stocking it up.

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  • Philip    Oct 1, 2016

    I have been unwell

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  • Philip    Jul 6, 2016

    The business is picking up pace. I would also like to be able to apply for a bigger loan as soon as possible.

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  • Philip    May 31, 2016

    Thanks lenders,my business is growing up well and I am very thankful. I hope and trusting in the next few months I will be able to have another entertainment shop

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  • Philip    Feb 7, 2016

    I have received the loan of 24, 061 ksh. I will buy hard drives tft screens and flash disks for my business. Thank you.

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  • Philip    Feb 6, 2016

    I will buy hard drives and tft screens, that I can sell. This will help me boost my business income and profit a good deal.
    Thank you for your consideration. It means a great deal to me.

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  • Philip    Sep 11, 2015

    I bought flash drives and memory cards and added them to my businees. Things are looking up. I am thankful for the loan.

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  • Philip    Apr 9, 2015

    I receive the loan amount of 6,048 six thousand forty eight kenya shillings. I w and bought flash drives and dvds for my business. I am thankful for you taking your time to consider me. I hope we will continue working together. Thank you.

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