Electronics

Nathan

Bungoma, Kenya

100% repaid

Entrepreneur

Name

Nathan

Member since

October 2017

On-time repayments

12 installments  •  67%

About Me

Am Nathan Wanjala Ndege, I was born on 23rd of October 1987 as the fourth born in our family. I started my primary education in the year 1993 in nursery because by then we had no preunit, middle and top. I did my KCPE in the year 2001 and joined a high school in the year 2002. My high school education was too hard as I was being forced to walk for a bout 5km daily going to school. By the grace of God I was able to finish my form four education in the year 2006. There after life became too hard but through my hard work I became a hawker and because I was patient I managed to save slowly by slow that saw my life starting to change.

My Business

After form four, I started selling groundnuts and eggs in pubs, the small profit that I was getting I started a saving account since I had a dream of running a very big shop and also becoming one of the prominent business people in the country. After a year I was able to raise 20,000 through just savings, I started a small shop that was most selling phone accessories and slowly by slowly now I have an electronic shop that I run.

Loan Proposal

I am going to use this loan to buy 2 ear phones which costs $0.5 each and I sell them at $1 making a profit of $0.5 per each. This will be of great benefit to my business since I was lacking these items in my stock and by the profit that I will be getting I will be able to grow my business by investing back and also repaying the loan.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$11.00

Date disbursed

Jan 2, 2018

Repayment status

On Time

Projected term

2 weeks

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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  • Nathan    Jun 7, 2018

    I will use this loan to purchase phone batteries, this will help me expand my business as i target it to sell other items. thank my lenders.

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  • Nathan    Jun 4, 2018

    Dear my lenders, here I apply my loan for the third time, I trust and believe that thus time my loan will be fully funded.

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  • Nathan    Jun 3, 2018

    How do I become a mentor volunteer?

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  • Nathan    May 30, 2018

    Dear lenders, I thank for giving me an opportunity to be self employed, am doing well and I am determined to grow as an entrepreneur. here I applied for another loan, kindly help me by funding it.

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  • Nathan    May 28, 2018

    Dear my lenders, i had lost my phone that is why i took time to apply new loan and even the ond that expired i used my friends phone to apply. Kindly help me to fund this one as now i have my phone. Thank you for the support I have always received from you.

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  • Nathan    May 20, 2018

    I used my loan to buy phone batteries and cover. one battery costs 2 Us dollars and I sold at 3 us dollars and one cover costs 1 us dollar and I sold at 2 us dollars. The purchase was so important to me as I was able to increase my stock, in total I have made a profit of around 70 dollars from the purchase and I used 45% to repay the loan, 30% I invested back and the remaining I used to to take care of my family. Thank you my lenders, my business is doing well.

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  • George    Apr 16, 2018

    He has promised to start repaying the loan as from tomorrow

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  • Nathan    Mar 26, 2018

    I will use my loan to buy phone batteries and phone covers. This will help me expand my business as they are highly moving items. I say thanks to my great Lenders

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  • Catmatlab    Mar 24, 2018

    good luck!

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  • Nathan    Mar 21, 2018

    i used my loan to buy memory cards and they have been ing well since I begun with 6 and now I have 15 that enabled me to complete the loan on time

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  • Nathan    Feb 20, 2018

    To my lenders, my business is doing well but I had a problem that included loosing my smartphone too but am happy am back and promise to remain on good payment record.

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  • Nathan    Feb 20, 2018

    I received 19.63 dollars which I used to purchase memory cards. I say thanks to my lenders

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  • Longinus    Feb 20, 2018

    I have spoken to Nathan and according to his explanation he had a very urgent and big problem that led to his delay but he has promised to pay right away the due amount.

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