Inventory of mobile phones for retail

John

Ikoli, Kenya

100% repaid

Entrepreneur

Name

John

Member since

March 2014

On-time repayments

130 installments  •  13%

About Me

John Nandwa was born in 1980 and the lastborn in a family of four. I went to Emutetemo primary school and did my form four in Jemovo high school. I set up a small bisiness that deals in mobile accessories, M-pesa and Airtel money. This was as a result of after I was left home to stay with my parents who faced financial restrains. I was to wake up to the call.

My Business

I operate a mobile accessories shop among other like M-pesa and Airtel Money. I have two outlets (branches) that deal with the same as expanding my bounderies.
I buy Phones on wholesale @ kes.2000 and sell at retail price of Kes.3500. Phone battries @300 and sell @700. On Airtel money a transaction of 0.5 Million earns me a commission of Kes. 10,000. M-pesa transaction of Kes. 2Million earns me a commission of Kes.25000 per month. I want to use this second Loan to expand my area of operation. As the first one was a step forward to achiving my dream. Thanks to zidisha.

Loan Proposal

Hi lenders I am pleased to inform I amthat finally the first loan you gave me has improved the face of my business and my life personally. I am back again to request for a second loan. This time around I target to increase my Mpesa float and buy more phones for sale at approximately 300 dollars the remaining amount will use to buy phones for sale which will be valued at about 150 dollars. This will in return yield 290 dollars for phones and about 450 dollars for mpesa transactions as commision earned.
I want to say thank you in advance as you fund my loan.
long live zidisha family.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$444.00

Date disbursed

Jun 24, 2014

Repayment status

On Time

Projected term

5 months

Lenders

EricDWalters

Rochester, Mn, Usa, United States

C

chkuo

Taipei, Taiwan

P

Philippe

Adliswil, Switzerland

F

FHult

Stockholm, Sweden

Jouni

Finland

H

howard

Vence, France

Sarasota

Sarasota, Fl, United States

G

GreenMoney

Lahr, Germany

Matching Fund

Sterling, United States

NA

NO ACCOUNT

Bluba, Germany

A

Anonymouse

Netherlands

P

Panda6689

United States

djw62

Toronto, Canada

D

dk1234

Netherlands

Sputnik

Switzerland

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