Buying of diditizer and lcd separator machine for phones

Maurice Ochieng

Embakasi, Nairobi, Kenya

100% repaid

Entrepreneur

Name

Maurice Ochieng

Member since

February 2015

On-time repayments

149 installments  •  77%

About Me

Am 35 yrs kenyan born citizen from siaya county having taken my childhood primary from that locality from 1986 to 1993.Went for my secondary education from 1994 to 1997 in Nandi county.In 1999 i joined a college in Kisumu county for a diploma in electrical engineering power option.later went to look for a job that never came to be.i started a small scale business under the electronics repair in 2004,but due to global change in digital generation i had to change my carrier from radio/tv repairs to do studies on mobile telephony field of repair this led me to start a mobile phone accessories sale that led me to do hardware repairs.but because of high technology growth i intent to start doing software on same field.but financial constrains has led to decline or be slow change in this field of repairs.
In my land or rather culture i am in,that's in nairobi county bussiness is the order of the day.thus it has made more people to come from all corners of the world to venture.
My son would like to like father.A businessman in imports of electronics spares.still young but determined.
My hobby is watching football but playing candy crash my phone is my pastime activity.
If i get this loan it will help me boost my business in buying software machines.

My Business

My business is called moriphatech electronics which deals with both repairs and sales of mobile phone accessories.
Soon im intending to start a software inconjunction with the later to boost this field of communication.In this business(hardware)i deal with replacements of phone screens,touch,microphone ,earpiece,ringers,faces.sale of chargers,batteries,handfrees,memory cards,flipcovers,screen guards,usb cables among others.
These goods are in high demand because almost 60 % of the population own mobile phones thus need of repairs or replacements of faulty parts.
l chose this business because its fast moving and technology changes almost daily.
The typical cost of this business is very high but i started with as little as 50,000khs because to start this business alot of machinery,spares and suppliers is required.
Most of my profit i use facilitate the expansion of this business and saving for the future of their education

Loan Proposal

Hi lenders,it's my humble request to let you know that I would like to buy a machine that can separate digitizer and phone screen {digitizer and Lcd separator machine }
This machine costs $220.
Having got this machine,I'll be in a better position to ease my work and minimise much time I waste when taking the broken digitizer and screens for replacements to other technicians doing the service at a higher price.This will increase my profit margin because of high demand in my vicinity.As a result,customers will enjoy my same day service hence business expansion.
I expect the profit margin to double because I will have reduced much time wasted will waiting for them (phones)being repaired.With that I will keep the business full time in operation.
I'm looking forward to a positive reply to endeavour my goals just like I did before on the first loan.Thanks in advance.I love zidisha

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Loan Info

Project Type

Classic Loan

Disbursed amount

$225.28

Date disbursed

May 12, 2015

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $8.42

Lenders

Paul Buchheit

Mountain View, United States

johnhudson

Washington, DC, United States

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