Electronics for my electronics shop
Shadrack Langat
Litein, Kenya
69% repaid
Entrepreneur
Name
Shadrack Langat
Member since
August 2016
On-time repayments
139 installments • 19%
About Me
I grew up in a rural setup where technology was like a dream,I struggle with the hardship with the spirit of making my life better someday,after I finished my secondary shool education,throu to university education having pursue electrical and electronics engineering...I unfortunately dint find a ready market to secure an employment and this is when I decided to start the business,the electronics business that I have always had is as my best hobby...
My Business
My business is elecrical and electronics sales and services,I provides electrical installation and maintenance services to the customers,and I also do audio car system installation,which is in high demand given the fact that technology evolves on daily basis thats the main reason why I choose this type of business its a dynamic business with good profit which I do reinvest to grow my business even more bigger than the initial cost of 60000 KES.
Loan Proposal
The loan will help me increase the stock on my electrionics shop,I will purchase10 mobile phones worth 100$,accesories worth 70$,cables and wires worth80$,the loan will help me bring goods closer to the customers,thus eabling my customers to reduce the time they use looking for the same items from a distance place and at the same time the mobile phone ill sell to the customers will help them come upto date with technology thus ease of communication,I expect to get 80% profit from the items.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$252.00
Date disbursed
Feb 27, 2017
Repayment status
Late
Projected term
32 months
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