Buy telephone chargers

Teddy

Nakuru, Kenya

2% repaid

Entrepreneur

Name

Teddy

Member since

March 2018

On-time repayments

13 installments  •  77%

About Me

My name is Teddy Mukami I am aluhya by tribe .I am an olevel school leaver I finished schooling a year ago .I am single not married .I grew up in Nakuru county Kenya in Rift valley .I am the only child in my family .my father is a graduate teacher while my mum a business lady .I got a challenge. during my education my father became sick up to today he stoked working and that meant I had to depend on my mum who had spent all her money in hospital paying hospital bills this made me not perform well because I was ever at home due to lack of fees my vision was to become a pilot but I did not make to get those points to enable me join university and do that course instead I was called to do I T in computer however I decided to do part-time learning in the university so that I could help my mum .my mum gave me some capital which made me begin telephone accessories shop .my aim is to have a shop plus a cyber cafe this shop my mum started it so that it could support me for paying fees .while I was in n school I would go there evenings because I had to hire some one meanwhile when I finished school I ran the shop by myself since I go to class only 2days in a week for 6hrs the rest of the hours I use to them to work in the shop.besides me my mum has adapted other vulnerable kids which she supports this make me to work hard to support them one is aboy an orphan in high school and a girl in college.my Hobie's include playing rugby watching movies playing piano .

My Business

My business deals with phone accessories this business I started in 2014 when my dad got sick and call could not pay fee any more my mum supported me with capital after selling some household items which gave me capital during that time I had dropped out of school and was just at home I was a student at maseno school the best National school in Kenya but dropped due to lack of fees I then Jones a day school near home to support my mum who also got sick high blood pressure .this capital was just 500 dollars which my mum sold our TV set Fridge and other electronics .I started the business currently my stock is 1500 dollars because I work hard my customers love my goods since they are genuine products affordable and good brands like Nokia Alcatel techno .I have batteries memory cards earphones chargers etc in a week I make gross sales of 200 dollars while profits per week is 100 dollars in a month I get ,490 dollars profit out of this I pay rent for our house 100 dollars per month the rest I use to support my tuition plus the other kids my mum is supporting with food

Loan Proposal

My shop is in need of chargers for phones my customers for Nokia techno chargers come from far to get chargers I have advertised by fyiers even social media my clients love me since I do some supply them on door step genuine products I will buy 50 charger at 3 dollars @i will use 150 dollars to buy 30 chargers this will give me profit of 100 dollars since I will sell at 5 dollars @ times 50 chargers total 10 dollars my first semester fee will be complete my lenders support me raise this cash this week

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$120.00

Date disbursed

Jul 19, 2018

Repayment status

Late

Projected term

3 weeks

Lenders

Y

Yevrahs

Dallas, Texas, United States

O

osubucks45

United States

Joe Lamantia

Reston, Virginia, United States

E

Elynne

United States

Paul Buchheit

Mountain View, United States

We Not Me

St. Paul, Minnesota, United States

KM

Karen Marshall

Alice Springs, Australia

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