Handset,batteries,simcard, and other phone accessories:
Dismas
Kipsingori Village, Kenya
100% repaid
Entrepreneur
Name
Dismas
Member since
May 2015
On-time repayments
61 installments • 62%
About Me
About Me
Am Dismas Koech Korir ,a first born in a family of six , My education ended up in Class eight and I majored in entrepreneurship. I borrowed capital to begin my business from my brother which I was able to open a phone accessories shop which I sell phone housing,batteries,handset,Simcard replacement to the neighbouring customers. Therefore I request zidisha for a little loan to boost my business in terms of capacity.
The business is situated at kipsingori village in UasinGishu county and has been in operation for over 1 year.
I started the business to fill a gap which existed at the location due to unmatched demand and supply.
With the zidisha loan, I will buy more stock which increases the supply in the locality and also meet the demand of various customers
My Business
My Business
As i previously mentioned, the business deals with phone accessories and other electronics,although competition exist in the area but i usually employ competitive tactics and also offer them at an affordable prices.
The business faces risks such as competition from similar businesses and also decreased purchasing power of consumer.
The business generates 50 USD in a month in terms of profit and 15 USD as expenses.
Currently, the business can sell around 50 units of handsets in a week and this is not sufficient to meet customers demand due to increased population.
The profit from the business i use it to increase the capital base of the business and the balance to educate my children.
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Loan Proposal
My Loan Proposal:
When I get this Loan, it will help me purchase the following .
20 Phone handset @ 300=6,000/
20 Batteries @ 100 =2,000/
10 Simcards @ 100 =1,000/
5 New Phones @ 5,000/=25,000/
Safaricom airtime @ 2,000/
Total US dollars is 400/.
The returns will then help expand my firm, creating job opportunities to unemployed young graduates and even more supply to the customers.
Without your financial support I will not be able meet all the requirements solely
as the cost of living index is high. The profit actually will shoot monthly by 10% thereafter 20% every month and this will enable me employ more people and supply quality phone accessories.
Thanks & Regards,
Dismas
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jun 2, 2015
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
United States
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