Electronics and electricals
Samson Muriithi
Kitengela, Kenya
100% repaid
Entrepreneur
Name
Samson Muriithi
Member since
April 2015
On-time repayments
225 installments • 78%
About Me
Hello Zidisha Family, my name is Samson. I am married and a father of two wonderful boys. I was born and raised in the Central part of Kenya where I went to school up to high school. After high school, I moved to Kitengela Town after getting employment in a textile factory. Kitengela is a vibrant town and has a lot of potential. I worked for two years after which I quit due to my passion to have my own business. In 2008 January, I started a small business of a video shop. My business has grown and now I have introduced electronics which seems promising due to many people moving from rural areas to towns and the demand for electronics is high. My profits go to school fees, family upkeep and expanding my business. My family is my joy and I want to give my children the best in education and any other assistance. I love travelling and adventure and watching movies in my free time.
My Business
My business deals with electronics, that is, TVs, music systems, bulbs and electrical appliances. This is a fast growing urban centre, so the demand is high. The profit goes between 30% to 40% in every stock sold. The stock replacement is regular, that is, three to four times in a month. Mostly the profits go to inventory, family upkeep and school fees. My future plan is to have a wholesale store and create employment.
Loan Proposal
Hello zidisha Lenders, first I want to thank all of you fo the good work you are doing, your generosity is touching many lives. I would like to request a loan of $100. I plan to stock electrical and solar bulbs, i buy from $0.5 and sell at $1 extension cables buy @ $2.3 and sell at $4. This will give me a minimum of 50% profit.This will help me expand the business and enhance my profit as I satisfy my customers. Thanks in advance.
About Me
Hello Zidisha Family, my name is Samson, I am married and a father of two wonderful boys. I was born and raised in Central part of Kenya where I went to school up to high school. After high school, I moved to Kitengela Town after getting employment in a textile factory. Kitengela is a vibrant town and has alot of potential.I worked for two years after which i quit due passion to have my own business. In 2008 jan, I pstarted a small business of a video shop. My business has grown and now Ihave introduced electronics which seems promising due to many people moving from rural areas to towns and the demand for electronics is high. My profits goes to school fees , family upkeep and expanding business.My family is my Joy and I want to give my children the best in education and any other assistance. I love travelling and adventure and watching movies in my fre time.
My Business
My business deals with Electronics, that is Tvs, Music systems, bulbs and electrical appliances. This is a fast growing urban centre so the demand is high. The profit goes between 30% to 40% in every stock sold. The stock replacement is regular that is three to four times in a month. Mostly the profits goes to inventory, family upkeep and school fees. My future plans is to have a wholesale store and create employment.
Loan Proposal
Hello zidisha Lenders, first I want to thank all of you fo the good work you are doing, your generosity is touching many lives. I would like to request a loan of $100. I plan to stock electrical and solar bulbs, i buy from $0.5 and sell at $1 extension cables buy @ $2.3 and sell at $4. This will give me a minimum of 50% profit.This will help me expand the business and enhance my profit as I satisfy my customers. Thanks in advance.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
May 6, 2015
Repayment status
On Time
Projected term
7 weeks
Other loans
Lenders
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Summary
Amount repaid
$105.14
Amount remaining
$0.00
Date repaid
Jun 24, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 17, 2015 | $15.01 | May 16, 2015 | $15.01 |
| May 24, 2015 | $15.01 | May 16, 2015 | $0.54 |
| May 23, 2015 | $14.47 | ||
| May 31, 2015 | $15.01 | May 23, 2015 | $2.20 |
| May 31, 2015 | $12.81 | ||
| Jun 7, 2015 | $15.01 | May 31, 2015 | $3.86 |
| Jun 6, 2015 | $11.16 | ||
| Jun 14, 2015 | $15.01 | Jun 6, 2015 | $5.51 |
| Jun 13, 2015 | $9.50 | ||
| Jun 21, 2015 | $15.01 | Jun 13, 2015 | $7.17 |
| Jun 20, 2015 | $7.84 | ||
| Jun 28, 2015 | $15.08 | Jun 20, 2015 | $7.71 |
| Jun 24, 2015 | $7.37 | ||
Day Family Apr 25, 2019
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