Digitizers for my workshop

Maurice

Embakasi, Nairobi, Kenya

100% repaid

Entrepreneur

Name

Maurice

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, I would like to inform you that I'm very thankful for the loan increament that is going to add more value and customers to my workshop.I managed to save $99 and in need of $294 to achieve my dream goal.
I would like to import from china digitizers for different types of phones namely;
10pieces of Samsung galaxy s2, s3, s4 ,
10pieces of Tecno fantom f and z
10pieces of Samsung note 2, 3 and 4
All worth $393 .With these in stock , will be able to replace the digitizers that normally break and are in demand here in the capital taking into consideration that I had bought the machine to replace the brocket ones but the suppliers tend to sell at a higher price due to to higher demand.
This will enable my competitors to buy from me or rather repair their clients' gadgets at my workshop.
This will increase my profit margin because I will have bought in bulk from abroad thus increasing my profit than I could have bought from local shops around.
Thanks in advance and hope for a positive reply.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$336.00

Date disbursed

Aug 24, 2015

Repayment status

On Time

Projected term

3 months

Lenders

C

Christian

Saarbruecken, Germany

investor

Candiac, Canada

torelizer

Reggio Emilia, Italy

mbunifu

San Jose, United States

cyrus0302

San Francisco, United States

DeanDropshot

Oslo, Norway

E

ElmTree

Wadsworth, United States

Zidisha

Sterling, United States

T

ToddK

Indianapolis, IN, USA, United States

C

cjmenchaca

Austin, United States

BJ

Brandon Joz

North Carolina, United States

beverly

Vancouver, Canada

J

jjonas

berlin, Germany

Landei

Sandersdorf-Brehna, Germany

G

glomardor

Leonardtown, United States

Cloudways

Malta, Malta

J

jzidi

Los Angeles, United States

ads68

Melbourne, Australia

T

Tui1974

nuenen, Netherlands

A

alkemyst

Geneve, Switzerland

fairspirit

Utrecht, Netherlands

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

B

Bokolo

Leeds, United Kingdom

gseletko

South Perth, Australia

F

Forfex

Zurich, Switzerland

xtrahardware

Cazenovia, United States

B

BMcDermott

Washington, DC, United States

E

E

Marin county, United States

Shemuel

New Jersey, United States

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

M

merk85

United States

B

bigMo

United States

mepster

San Francisco, Ca, United States

johnhudson

Washington, DC, United States

S

simonthompson99

United Kingdom

WiscoHorndog

United States

I

idris

United States

L

LondonTown

United Kingdom

M

M.Umar

Pakistan

C

Crainster

Chapel Hill, United States

A

adamdreaming

United States

S

Stephan

Netherlands

K

Kristiina

All Countries

P

PC

United States

Dave Bogard

New York, United States

PV

Patrick van der Meer

MANTGUM, Netherlands

C

cnr

United States

J

Julius

Helsinki, Finland

Max Lettenberger

Madison, WI, United States

KD

Kent Don

United States

EB

Erica Brescia

United States

Oliver Hasenberg

Iserlohn, Germany

BB

Ben Bellows

United States

M

Mart

United Kingdom

T

Tina

United Kingdom

D

David

United States

Kyle Holohan

United States

DL

Dan Lawrence

United States

T

Tucker

United States

Taylor

Memphis, United States

John Barnett

United States

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Summary

Amount repaid

$351.11

Amount remaining

$0.00

Date repaid

Dec 19, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Sep 6, 2015 $20.00 Sep 6, 2015 $20.00
Sep 13, 2015 $20.00 Sep 12, 2015 $20.00
Sep 20, 2015 $20.00 Sep 19, 2015 $20.00
Sep 27, 2015 $20.00 Sep 27, 2015 $20.00
Oct 4, 2015 $20.00 Oct 4, 2015 $20.00
Oct 11, 2015 $20.00 Oct 11, 2015 $20.00
Oct 18, 2015 $20.00 Oct 18, 2015 $20.00
Oct 25, 2015 $20.00 Oct 25, 2015 $20.00
Nov 1, 2015 $20.00 Nov 1, 2015 $20.00
Nov 8, 2015 $20.00 Nov 8, 2015 $20.00
Nov 15, 2015 $20.00 Nov 15, 2015 $20.00
Nov 22, 2015 $25.00 Nov 22, 2015 $25.00
Nov 29, 2015 $25.00 Nov 29, 2015 $25.00
Dec 6, 2015 $25.00 Dec 6, 2015 $25.00
Dec 13, 2015 $25.00 Dec 13, 2015 $25.00
Dec 20, 2015 $31.11 Dec 19, 2015 $31.11

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