Buying new electronics and repair

Albert Ondera

Githurai Mwiki, Kenya

100% repaid

Entrepreneur

Name

Albert Ondera

Location

Githurai Mwiki, Kenya

On-time repayments

232 weekly installments  •  43%

About Me

I have completed my secondary education then acquired vocational training in electronics. I am married and blessed with one child who is 7 years old.

I reside in Githurai Mwiki and have also established electronic business in the community. My wife operates a tailoring business where is makes women & children clothes.

Revenue from my business and the tailoring business for my wife is used for upkeep, saving to expand the businesses and savings for the children education.

I am actively involved in community development thus serving in the local development committee.

My Business

My electronic business is based in Githurai Mwiki. It involves selling of spare parts of television sets, decoders, Dvds and mobile phones and also offering repair services.

The demand for my goods and services is high because of the technology era whereby at least every household has a mobile phone hence I am the only provider of the services in the community.

Customers prefer my business because of good repair skills & experience and good customer services. My business is at risk because it can't sustain the needs of customers who require mobile phone spare parts thus reducing my sales but with financial boost, I will be in position to purchase the mobile phone spare parts hence meeting customer demands.

The average monthly sales is Kshs 74000 and the average monthly expenses is Kshs 52000 hence the average profit is Kshs 22000.

Loan Proposal

I wish to use the loan to buy new electronics extension, phone body and other spare parts to add on the current stock.
This will help me achieve my dream of satisfying my customers with all services or products they need.
I am expecting to increase my daily sales by 20%. This will also increase my daily, weekly and monthly income by 20% which will help me meet the needs for my family and pay my loan back.
It will also enable me pay my bills like the recently increased rent and high electric bills both at my residence and business rooms. Am really thankful for the previous loan. It made my life better. I believe loan make my life even much better still.

Thanks in advance understanding my needs and believing in me this much. I promise I will not let you down.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$431.53

Date disbursed

May 2, 2015

Repayment status

On Time

Projected term

11 months

Cost to entrepreneur

Service fee: $21.58

Lenders

marieb

Zürich, Switzerland

T

tuorhuorson

Jersey City, United States

W

WilsonLending

Atlanta, United States

J

Jason

New Jersey, United States

C

Christian

Saarbruecken, Germany

AH

Aleksi H

Helsinki, Finland

A

Annabel

New York, United States

thobach

Dresden, Germany

bluntpixel

Durham, United Kingdom

COOPITALIST

Toronto, Canada

A

andyfletcher

I want my "My loans" page back, Qatar

MichaelS

Canberra, Australia

B

Bcschaffner

York, United States

S

shane

San Diego, United States

T

Tallago3

Munich, Germany

Zidisha

Sterling, United States

AnnaChristina

Pittsburgh, United States

T

ToddK

Indianapolis, IN, USA, United States

M

mogensh

København V, Denmark

A

ashtanga99

Newport, United States

MakeSense

-, St. Kitts and Nevis

quozl

Dublin, Ireland

RebeccaNie

Palo Alto, United States

M

mason243

Denver Colorado, United States

J

Jennifer

Minneapolis, United States

B

briansedz

Canton, Ohio, United States

O

OneSummer

Muenster/Westphalia, Germany

C

chrisherron

Chicago, United States

H

hanh352

Homosassa, United States

indeh

London, United Kingdom

J

JoycaLeplae

Gent, Belgium

chrsve46

Stockholm, Sweden

A

Aleks

Oslo, Norway

Los Wade

United States

D

duckdork

De Forest, United States

ReducedFat

Lake Forest, United States

Andreas1974

Fristad, Sweden

D

danderson1953

Plainsboro, United States

Jouni

Finland

AdvancingCompassion

San Diego, United States

K

KnutAnders

niedernhausen, Germany

T

tuttifrutti

tulare, United States

ads68

Melbourne, Australia

S

silsley

Cheltenham, United Kingdom

dhulsterwim

LIER, Belgium

swendl

Iowa, United States

P

PetrusR

balmoral, Australia

V

Valis

Singapore, Singapore

C

Caalve

Bratislava, Slovakia

A

Arnfinn

Aasgardstrand, Norway

fairspirit

Utrecht, Netherlands

G

Goldrivermob

Gold River, Canada

M

Marod

Edmonton, Canada

E

erlingre

Sør-Fron, Norway

M

marcmesich

Kaohsiung, Taiwan

A

Andrii

Kiev, Ukraine

D

dpvidal

Eindhoven, Netherlands

O

Odysseus

Auckland, New Zealand

G

greendave

Manchester, United Kingdom

R

run426

DeBary, United States

ThorstenH

Bensheim, Germany

L

LenoMetus

Perth, Australia

D

Dutch_lender

Leiderdorp, Netherlands

M

Mksiege

Laredo, United States

L

Lolababalola

Ames, United States

ibc123

Seattle, United States

Z

zangalan

Maryland, United States

E

Esukken

Göteborg, Sweden

B

Bernsjx

Montreal, Canada

B

Badass78camaro

Mohnton, Pa, United States

J

jonastang

Hong Kong, Hong Kong

C

Clben7

Cincinnati, United States

Franky

London, United Kingdom

M

Mystery15

Winnipeg, Canada

B

BenHittle

Salem, United States

L

lamar

lamar colorado, United States

I

ibd267

Ambler, United States

Matching Fund

Sterling, United States

Arjan Geven

Vienna, Austria

B

BlackMoss

United States

J

Jonas

Linköping, Sweden

Justin

Connecticut, United States

camden01

Connecticut, United States

J

JeffH

United States

Paul Buchheit

Mountain View, United States

F

FSO

Canada

B

Badaudio

United Kingdom

P

plhughes

United States

F

FloridaCandle

United States

N

NOWfund

Tokyo, Japan

M

merk85

United States

M

mitchmk84

United States

L

Lallarahiq

United States

S

salathe

United States

S

sarah4d2

Saint Louis, United States

T

thenwhen

United States

mepster

San Francisco, Ca, United States

L

Linda

United States

D

Dowdin

United Kingdom

R

raulf

Germany

P

PeterDG

United Kingdom

S

simonthompson99

United Kingdom

S

Sophia20450

United States

A

Amengan

Netherlands

L

luckiestmonkey

United States

B

blambert

United States

belvi

Hoogeveen, Netherlands

D

Desteli

United States

L

lmacks

United States

H

HLCharityFund

United Kingdom

Mun

Orlando, FL, United States

Grant Xavier Storer

Seattle, Wa, United States

R

reganbrian

United States

M

Medagan

San Franciso, United States

A

aajmp

United States

G

gvstars

United States

R

Rajendra

Jamkhed 413201 Maharashtr, India

D

dh1423

United States

G

Gfunkey

United States

H

hayek

Stuttgart, Germany

A

amarzaidi1995

United Kingdom

M

Mscov

United States

S

StefanB

Stockholm, Sweden

K

Kebrenagast

New York, United States

EightRiversCapital

Stamford, Ct, United States

D

dmorley

United States

Andrew267

Birmingham, United Kingdom

E

egines

United States

B

bwmoore

United States

S

SuzanneD

United States

Martin Ward

Leicester, United Kingdom

RJ

Ryan J Cotton

United States

KM

Kirsty M

United Kingdom

stephen sontag

Narragansett, United States

Darcy

Ottawa, Canada

Michelle

Sydney, Australia

J

Joe

New York, United States

UD

Ulf D

Frankfurt am Main, Germany

Peter R

Fulda, Germany

Veeti

Helsinki, Finland

PV

Patrick van der Meer

MANTGUM, Netherlands

M

mmartin

United States

A

Alexander

Innsbruck, Austria

D

Daman

United States

AA

Adam Atlas

Montreal, QC, Canada, Canada

Jerome

Switzerland

Fabian Linzberger

Vienna, Austria

MW

Matt Willis

United States

Francoise Kuenzi

Neuchâtel, Switzerland

Kevin

San Francisco, United States

KD

Kent Don

United States

A

Anthony

United States

MG

Meron Gribetz

United States

JD

Jeff DePree

United States

kristina

Dneprodzerginsk, Ukraine

John Barnett

United States

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