Buying and reselling of electronic

Rodgers

Nairobi, Kenya

48% repaid

Entrepreneur

Name

Rodgers

Member since

March 2017

On-time repayments

85 installments  •  35%

About Me

I am Rodgers Andeka, an ambitious young man. I grew up in mid level family and at my childhood stage i yearned on starting my own business. I started helping my mother on her grocery at the age of 8. I studied in a public primary school in eldoret, langas primary. Later joined high school in western kenya and attained good grade A- and joined the University of Nairobi. I finished my study September 2017. I am strong believer and i believe in God and making efforts to overcome hardship. I started business in my first year by selling my phone to get money for fees and realised it can generate goof profit. My country Kenya has a diverse culture ehich are unique for example the traditional dances and a unique way of living as brothers and sisters. My hobby is playing football, i do it when i am free because it is my talrnt

My Business

basically i buy electronics at a cheaper price and resell it at a price i can gain profit, ranging from $7-15. depending on the demand, in a day i can make about one to three sells. my typical revenue ranges from $50-90. I use my profit to groe the business. I am planning on importing of electronics like smartphone via ebay, alibaba.

Loan Proposal

I will basically use the loan to increase my capital. I always buy one item and resell it, at a price ranging $50-90. with the help of the loan i can purchase two items. This will be a mile stone to my business as it will enable me grow. This loan will enable me set a record of selling more items in the online site i always resell my item (olx Kenya). The profit generated will increase greatly and enable me do business swiftly without holding me back to sell all my items

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$29.00

Date disbursed

Jan 5, 2018

Repayment status

Late

Projected term

12 months

Lenders

F

flaguy999

Tampa, United States

Ask Rodgers a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...