Electronics and mobile phone accessories
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 dear lenders, am so happy to have finished paying my 1st loan, the loan has helped my business to grow by 30%.I now can take care of the business and my family without much struggle, my loan repayment stands at 100% and will continue like this.I wish to request lenders for my a second loan.The loan that I will get will help me add some more stock to my business.That is I will purchase 3 tv set, @$45 eachand sell @ $55 to $60 each. The rest of the cash will go to set top boxes @ $8 each and sell at $13 each. The first stock when sold out will generate a profit of over $80 two to three weeks so by the time I finish my loan, I will have made over 100%. I would like to thank all lenders n advance and look forward to a positive response.
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 dear lenders, am so happy to have finished paying my 1st loan, the loan has helped my business to grow by 30%.I now can take care of the business and my family without much struggle, my loan repayment stands at 100% and will continue like this.I wish to request lenders for my a second loan.The loan that I will get will help me add some more stock to my business.That is I will purchase 3 tv set, @$45 eachand sell @ $55 to $60 each. The rest of the cash will go to set top boxes @ $8 each and sell at $13 each. The first stock when sold out will generate a profit of over $80 two to three weeks so by the time I finish my loan, I will have made over 100%. I would like to thank all lenders n advance and look forward to a positive response.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$189.00
Date disbursed
Jul 7, 2015
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
United States
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Summary
Amount repaid
$197.49
Amount remaining
$0.00
Date repaid
Sep 5, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 19, 2015 | $19.74 | Jun 26, 2015 | $7.22 |
| Jul 18, 2015 | $12.53 | ||
| Jul 26, 2015 | $19.74 | Jul 18, 2015 | $1.91 |
| Jul 25, 2015 | $17.84 | ||
| Aug 2, 2015 | $19.74 | Jul 25, 2015 | $2.78 |
| Jul 28, 2015 | $8.76 | ||
| Aug 1, 2015 | $8.20 | ||
| Aug 9, 2015 | $19.74 | Aug 1, 2015 | $2.11 |
| Aug 10, 2015 | $17.63 | ||
| Aug 16, 2015 | $19.74 | Aug 10, 2015 | $2.99 |
| Aug 14, 2015 | $16.75 | ||
| Aug 23, 2015 | $19.74 | Aug 14, 2015 | $3.87 |
| Aug 22, 2015 | $15.88 | ||
| Aug 30, 2015 | $19.74 | Aug 22, 2015 | $3.71 |
| Aug 30, 2015 | $16.03 | ||
| Sep 6, 2015 | $19.74 | Aug 30, 2015 | $3.56 |
| Sep 2, 2015 | $16.19 | ||
| Sep 13, 2015 | $19.74 | Sep 2, 2015 | $4.43 |
| Sep 5, 2015 | $15.31 | ||
| Sep 20, 2015 | $19.81 | Sep 5, 2015 | $19.81 |
Day Family Apr 25, 2019
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