Victor
Barnabas,nakuru Town, Kenya
100% repaid
Name
Victor
Member since
March 2015
On-time repayments
225 installments • 22%
Hi! My name is Victor,I overcome hardships through proper planning,setting up achievable goals and sticking to a laid down execution techniques,I started my business after realization of a need in the society on communication, I am now building my brand around telecommunication industry,I come from a land full of cereal production, including maize,beans and many others,I love swimming and traveling across the country for both business and visiting friends and family.
I supply phone accessories including, phone sim cards,phone chargers,holsters,Screen protectors,phone cases,flip cases and wallets.these goods are in high demand and they change with time because new devices are being invented and developed regularly.
I use my profits to do re investments,business expansion and introduction of new range of products on the market.
The typical costs involve distribution costs,parcel sending and delivery costs,typical costs amount to $250, and revenue amounts to $700
The business accessories are sold to consumers through established retailers located across different market centers
This loan will be used to buy more mobile phone accessories for distribution
Also new outlet recruitment is ongoing across the market in a push to increase sales,the more the outlets recruited the more stocks needed
It's true most businesses are facing risks due to Corona Virus pandemic,most people have decided to stay at home,work from home and learn from home,this gives me an opportunity of business because Telecommunication as a business is still sustainable,Kenya has been resuming it's economy of late and there is hope
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$206.00
Date disbursed
Oct 3, 2020
Repayment status
On Time
Projected term
8 months
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