Name
Charles
Member since
March 2013
On-time repayments
13 installments • 31%
l live in Gilgil and started my business of selling electronics in the year 2011 in Gilgil town after quitting my job as a sales person in one of the major eletronics shop in town.This is because l have the passion for the business and used my own savings to start one.most of my suppliers are based in Nairobi and always make a profit margin of 30% for every item l sell. This enables me to meet the business expenses and buy more stock for the business so as to meet the demand of my customers.apart from selling the electronics l also do repair the electrical items and this is an added advantage to the business.
l mostly sell assorted electrical goods to my customers and my price is very competitive in the market compared to my competitors in the area. l normally sell the china products since they are a bit cheaper and this makes them affordable.make ksh 30,000 on a good month as profit and this has enabled me to add more stock to the business.l manage the business and this help me to monitor the growth everyday.if advanced the loan l will be able to add more stock hence able to meet the demand of my customers.
Dear all,l salute you all and hope everything is well with you. keep up the good job that you are doing of making our dreams come true.am doing good here in gilgil though there is lot of rain.l will use the loan to add more electrical goods in my shop so as to increase the sales.This will enable me to have more income and expand the business.Thanks in Advance.
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Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
May 5, 2013
Repayment status
On Time
Projected term
16 months
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