Capital for adding stock of mobile phones

Kimani

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Kimani

Member since

May 2017

On-time repayments

37 installments  •  54%

About Me

Well I have three children and one wife and am not polygamous in any way am a monogamous , will are christians and we love God .I have been brought up in a very poor family but with a very hard working parents they managed to brought me up and educate me up to college level and I managed to get job at hotel industry with a lot of struggle. So I tried all my best to work hard and since we had a co operative society that's where I managed to get capital to start my business . The community and culture which I am in is a lovely people and in fact when it comes to business they mean it , they don't look tribe or where you come from . If comes to investing you can invest so dearly .As I said before I have three children who are in school and they like very much learng , the first born Fridah who is a girl wishes to be a doctor , the second born who is a boy Bryan wishes to be an accountant , the third who is a girl Stella wishes also to be a doctor . My hobby during my free time I like very much doing internet .

My Business

I am a businessman , dealing with selling of mobile phones and accessories , It's a business that cannot take you at a loss . The average profit per day ranges from ksh 8000 to ksh 10,000 ,. It's a business that can't let you down . My future plan if I succeed getting money , since it's a shop that's a good position of course along the street , am wishing to open an M pesa agent and an Equity agent which runs very well simultenously which can bring a high returns and it will also improve the sales of mobile phones and accessories .

Loan Proposal

I will use the loan to add more stock of mobile phones which are less than sh600 per piece . , Nokia 1280 costs sh500 , when it comes to selling it I can sell it sh1500 , that means I will get a double profit with just one mobile phone . Other mobile phones are Nokia 105 which cost sh 500 , Nokia 103 which costs sh500 , double line phones eg visa which costs sh750 , tecno t340 which costs sh650 etc . All these phones can give me a good profit of 80 - 90% . The sales of mobile phones and accessories is a good business which can'not take you at a loss . This business has never taken me at a loss . I do love my business since this is where I get food and clothing .It has also made me know more about internet , and that is where I learned more about Zindisha , please Zindisha keep it up you are helping us and also you are helping our country Kenya grow. Special thanks also to my lenders keep it up and don't tire doing a good job , you are helping ME , US and my COUNTRY , keep it up .

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$27.00

Date disbursed

Jun 30, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

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