Spare TV parts and mobile phone flashing toolbox for second hand shop
Anthony
Kayole, Embakasi,nairobi, Kenya
100% repaid
Entrepreneur
Name
Anthony
Member since
March 2016
On-time repayments
236 installments • 66%
About Me
i went to school at mukui primary in 1993 and dropped out in class seven due to lack of school fees. Then i was employed as garden helper for seven years up to 2008when i joined Fyko chemical company up to 2015 July when i was rendered jobless due to company retrenchment of employees.i used my hard earned savings to start a business in Tassia estate, Embakasi, Nairobi. While i was in FYKO chemicals company i used to visit a friend who does repair electronics and from him i acquired basic knowledge on electronics repair and maintenance.
My Business
I deal with general buying and selling of second hand goods ranging from electronics to furniture, house holds to office equipment, fridges coolers and many more. i also do Phone repair. i also have sound system for hire for small functions such as birthday parties, family meetings and other minor functions
basically my business i located in an area of lower class people who can rarely afford new products such as households and most prefer to buy used items as they are cheaper and are in good condition. I chose this business because i could start it with the small capital i had.
The only costs involved in this business are the county council license and Music Copyright Society of Kenya license because i deal with Audio visual systems. Others are electricity and water bills.
I use the profits realised for the upkeep of my family and plough back whatever remains after my expeses are catered to improve the business
Loan Proposal
I plan to buy mobile phone flashing toolbox, This will increase my income cause I send phones to be flashed daily to other shops, I have the clients. I know if I got the toolbox, I'll be able to increase my income.
I will also add to my inventory some TV spare comonents because there is demand in my area, With adding the spares to my inventory, I'll be able to supply them to the Tv repair shops around me and a profit and make great return.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$220.00
Date disbursed
Jun 13, 2017
Repayment status
On Time
Projected term
7 months
Other loans
Lenders
Austin, United States
Shanghai, China
Kaohsiung, Taiwan
Cross Plains, United States
Joliet, United States
Corona Del Mar, United States
United States
United States
Denmark
United States
United States
United Kingdom
United States
United States
United Kingdom
United States
Oshawa, Canada
United States
United States
United States
Hamburg, Germany
United States
United States
United States
Franklin, TN, United States
United States
Lima, Peru
United States
Germany
Jake Gibson and Beverly Picardo
San Francisco, United States
United States
Canada
Germany
Belgium
United States
Summary
Amount repaid
$220.33
Amount remaining
$0.00
Date repaid
Sep 16, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 24, 2017 | $6.91 | Jun 24, 2017 | $6.91 |
| Jul 1, 2017 | $6.91 | Jun 30, 2017 | $6.91 |
| Jul 8, 2017 | $6.91 | Jul 8, 2017 | $6.91 |
| Jul 15, 2017 | $6.91 | Jul 14, 2017 | $6.91 |
| Jul 22, 2017 | $6.91 | Jul 20, 2017 | $6.91 |
| Jul 29, 2017 | $6.91 | Jul 29, 2017 | $6.91 |
| Aug 5, 2017 | $6.91 | Aug 4, 2017 | $6.91 |
| Aug 12, 2017 | $6.91 | Aug 10, 2017 | $6.91 |
| Aug 19, 2017 | $6.91 | Aug 17, 2017 | $6.91 |
| Aug 26, 2017 | $6.91 | Aug 24, 2017 | $6.91 |
| Sep 2, 2017 | $6.91 | Sep 1, 2017 | $6.91 |
| Sep 9, 2017 | $6.91 | Sep 7, 2017 | $6.91 |
| Sep 16, 2017 | $6.91 | Sep 7, 2017 | $6.91 |
| Sep 23, 2017 | $6.91 | Sep 7, 2017 | $6.91 |
| Sep 30, 2017 | $6.91 | Sep 7, 2017 | $6.91 |
| Oct 7, 2017 | $6.91 | Sep 7, 2017 | $6.91 |
| Oct 14, 2017 | $6.91 | Sep 7, 2017 | $6.91 |
| Oct 21, 2017 | $6.91 | Sep 7, 2017 | $6.91 |
| Oct 28, 2017 | $6.91 | Sep 7, 2017 | $6.91 |
| Nov 4, 2017 | $6.91 | Sep 7, 2017 | $6.91 |
| Nov 11, 2017 | $6.91 | Sep 7, 2017 | $6.91 |
| Nov 18, 2017 | $6.91 | Sep 15, 2017 | $6.91 |
| Nov 25, 2017 | $6.91 | Sep 15, 2017 | $6.91 |
| Dec 2, 2017 | $6.91 | Sep 15, 2017 | $6.91 |
| Dec 9, 2017 | $6.91 | Sep 15, 2017 | $6.91 |
| Dec 16, 2017 | $6.91 | Sep 15, 2017 | $6.91 |
| Dec 23, 2017 | $6.91 | Sep 15, 2017 | $6.91 |
| Dec 30, 2017 | $6.91 | Sep 15, 2017 | $6.91 |
| Jan 6, 2018 | $6.91 | Sep 15, 2017 | $6.91 |
| Jan 13, 2018 | $6.91 | Sep 15, 2017 | $6.91 |
| Jan 20, 2018 | $6.91 | Sep 16, 2017 | $6.91 |
| Jan 27, 2018 | $5.98 | Sep 16, 2017 | $5.98 |
Ask Anthony a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.