Buying mobile phones for retail sale

Elijah

Bahati Scheme, Kenya

8% repaid

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How it Works

Entrepreneur

Name

Elijah

Member since

October 2013

On-time repayments

272 installments • 7%

About Me

ELIJAH KAROKI WACHIRA
CITY/VILLAGE : BAHATI SCHEME
COUNTRY : KENYA
ADDRES : BOX 922 NAKURU
CELL PHONE : 0723179002
EMAIL : [email protected]
MYSELF
My Name is Elijah Karoki Wachira. Am married in monogamous family and am blessed with one child. I live in Bahati division in Nakuru county .Am learned and i have O level certificate and have computer certificate .I started a business to get daily bread and to cater for future challenges (to get money for future use).My business is situated at Karunga shopping centre.

My Business

I sell mobile phone accessories, phone repair, computer repair and televisions. I also sell movies and renting them. My business has many customers and I earn a basic profit of about ksh 40,000 per month which amounts to ksh 480,000 per year. This is due to urban and rural electrification which has facilitated the growth of urban center and rural areas so many people have bought video players, computers, televisions, mobile phones e.t.c. The risks I face is that many people do not have computer knowledge , some do not return movies after they have completed viewing them, house rent is very high and I may like to build my own premises so that money of rent I can buy other basic needs.

Loan Proposal

First and foremost is much gratitude to you zidisha team and lenders for your generosity may the Almighty Father bless you abundantly and expand your boundaries. From the first and second loan that you rendered me it boasted my business as I was able to purchase phone accessories and electronics now my business has picked and my customers are happy with the service that I lend to them as they do not have to travel for along distance in search for the services.
I would like to apply for another loan for buying mobile phones.I have decided to start selling mobile phones because we use to travel for a long distance to buy them. There is no shop that offers this service in my area and I would like to invent in this business. This will help in boosting my business as I already sell phone accessories. This is actual money I need to buy mobile phones USD 341.618, and I will make a profit of USD 683.236 in five month because 1 phone will cost ksh1, 000 and I will sell it at ksh2, 000 due to high demand. In this I have been selling 1 or 2 phones so I have an experience.
It is my wish that you will grant me an opportunity and help me with the loan.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$345.00

Date disbursed

Jun 2, 2014

Repayment status

Late

Projected term

80 months

Other loans

Oct 2013: $100

Jan 2014: $323

Lenders

Brian

Midhurst, Canada

KYLE LARSON

Little Falls, United States

HildeK

Rogaland, Norway

ads68

Melbourne, Australia

Sarasota

Sarasota, Fl, United States

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Elijah Jan 10, 2019

My business has gone down becouse my shop has been brocken
down and my stock was stolen i will recover soon please

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Brian Mar 24, 2015

We have had no communication for months, and you have made no payments. Will you be able to resume payments?

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Elijah Sep 13, 2014

Hi lenders and Zididha team. Thank you for this opportunity. I would like to take this moment to reschedule my loan. After you led me the loan, I did exactly what I intended to do. I bought phones and expand the business but due to increase of insecurity, my job has gone down the thugs have broken down and stole from my shop and now am back to square one. For two weeks that I have not been paying the loan I went to village to find money to raise up my business but unfortunately there is no internet services so I could not have rescheduled my loan page. Am sorry for the inconvenience but as I promised my mentor I am back to the job and I will pay the loan.

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Elijah Jul 9, 2014

Hi lenders and Zididha team. Thank you for this opportunity. I would like to take this moment to reschedule my loan. After you led me the loan, I did exactly what I intended to do. I bought phones and expand the business but due to increase of insecurity, my job has gone down the thugs have broken down and stole from my shop and now am back to square one. For two weeks that I have not been paying the loan I went to village to find money to raise up my business but unfortunately there is no internet services so I could not have rescheduled my loan page. Am sorry for the inconvenience but as I promised my mentor I am back to the job and I will pay the loan.

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Divican Jul 6, 2014

Hi Zidisha,
Elijah Karoki needs to reschedule his repayments, but today when we communicated over the phone he informed me that he will do it on Wednesday because he was not in town because where he was there are no internet services available.
Thank you lenders.
We shall communicate as time goes by.

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Divican Jul 1, 2014

Elijah very good for your trials.

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P
Pavane May 10, 2014

Hello Elijah,
You invited Stephen Mbugua to Zidisha. He doesn't repay, he doesn't communicate with his lenders and as it seems, his phone number is not working. Please contact your friend and get back to us with an update, both with Stephens new number and with his plans to repay! Thank you. /Pavane

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- Elijah May 10, 2014
  
  Hi i have talked to Stephen Mbugua and he have agreed to repay the loan within a month. it happened that he was very sick, but he is okay now and trying to go on with his work. thank you for trusting him.
  
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Elijah May 6, 2014

hi zidisha team and lenders i want to take this high moment to thank you because you have improved and changed my life and my family. you also improved my business and i hope you will continue with that spirit may God bless you all.

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Elijah Mar 27, 2014

I kindly wish to request for the reschedule of my loan repayment. My business is currently facing a crisis, which leads to reduction of my daily income hence, my profit. My operating machine spoil and this might force me to look for an alternative which is basically purchasing or lending another machine. I am working on this problem, and in due time, it will be resolved. I wish to request patient from my lenders, and I promise them that, as soon as I solve this issue, I will increase my loan repayment amount.

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mewesten Oct 28, 2013

Hi Elijah,
You increased your stock and your profits, allowing faster payback, THREE DAYS after the loan was disbursed to you? That's incredible.

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Elijah Oct 28, 2013

i happen to note a gradual change in my daily profits since i increased my stock and purchased my new computer,which is rapidly increasing my job quality and quantity in terms of customers and business associates, i also aim to increase my monthly installments to cover the payment in due time so as i can request for a subsequent loan and grow my business more. i have also ensured that,i can be able to repay the amount in the least time possible.

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