Electronic remote control

Juliet

Githurai, Kenya

100% repaid

Entrepreneur

Name

Juliet

Member since

June 2017

On-time repayments

65 installments  •  78%

About Me

I am Juliet Wangechi born 1991 with a Kenyan nationality,I was brought up in a struggling family in Nairobi outskirts but I managed to study in middle class schools.we are a family of 3 ,2 brothers and myself. I am bbit graduate but with increase in unemployment within our country I seeked employment in a blue collar company and have gained experience in technology (iot) precisely. I have been doing projects for students and clients on remotely controlled gadgets. The income I get has enabled me to take my son to School but we still staying at my folks.

My Business

I am employed but I do other hustles my main being coming up with remotely controlled systems. I was working on a gsm controlled security systems that was to serve the customer for the whole home unit.to come up with such gadgets funds are required because the parts are a bit expensive locally. Zidisha comes handy on this because clients give you small percentage as deposit.thr rest you have to find other sources. I am grateful for the help it's been a good experience with the lenders and Zidisha application

Loan Proposal

I will use US$ 200 to but IC's and wires I will need another US$ 200 for workshop rent for four months. I will also need US$ 150 for experiment which a further US$100 to do trials on cars because I want to start with car alarms and central locking systems, and the best way to determine my success is testing on vehicles on road.
I plan to have 50 complete gadgets and based on the experiment and tests they need another US$ 400 but it will a good investment because I intend to make a profit of between 60% to 75% and if I am not obstructed by an foreseen issues I expect to get an income of US$500 per month for the first year with the aim of making more the following years.

Feedback

3

None

None

  • J    Aug 25, 2018

    All repayments were done on time.
    Nice status update.

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  • David    Aug 17, 2018

    This loan was originally scheduled to take four months but was paid off in less than two. I am pleased to help with such a unique project.

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  • Maggie and M    Aug 15, 2018

    Very happy to lend to Juliet again

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Loan Info

Project Type

Classic Loan

Disbursed amount

$109.00

Date disbursed

Jun 8, 2017

Repayment status

On Time

Projected term

2 months

Lenders

Paul Buchheit

Mountain View, United States

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