Increase phone stock

Alpha Kitonga

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Alpha Kitonga

Member since

April 2015

On-time repayments

250 installments  •  96%

About Me

My name is Alpha Musyoka Kitonga
I am a freelance writer, researcher (freelancer) for the last 10 years and i own a car spare parts shop I have a keen eye on business opportunities.
But mostly,i love freelancing and online opportunities.
I have been able to finance my laptop project here and first digital camera , a fast food cafe,an online store where i sell mobile and smart phones and lastly an online spare-parts business. Thank you to the Lenders who helped me, be blessed.

My Business

For the last 2 years with the help of funding from Zidisha.org i have been running my online spareparts business , and a small store for sales support and an online shop on Jumia Kenya and facebook .We are glad that i was able to find a location on Mombasa road, Maasai road, where offline sales take place.Currently , everything has been set up including a sales support shop and the business is a making sales and business is good.
I have registered a business name, a bank account and my business is legal and trustworthy.
The business deals with sales of fast moving car parts such as car service parts ( spark-plugs, motor oil air and oil filter , tyres , car safety accessories such as reflectors, first aid kits. Car windows tints, headlamp tail lamps and bulbs etc.

This loan will help boost the current stock which went down due to low sales during the COVID19 period and also help the business have running capital.

Loan Proposal

The loan with go toward increasing my small shipment lot from ksh 25,000 to around 32,000 ksh . The increased shipment will bring in a better profit margin to the business, and i would like to grow it with the subsequent loan application i will make/personal saving and profits till i hit a shipment lot of ksh 500,000.
thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.27

Date disbursed

Jun 8, 2015

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $3.95

Alpha opted to pay $24.91 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

Cathy

Melbourne, Australia

PG

Paul Graham

United States

Ask Alpha a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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