Increasing electronics stock

Gideon

Chaani Mombasa, Kenya

59% repaid

Entrepreneur

Name

Gideon

Member since

September 2016

On-time repayments

55 installments  •  58%

About Me

I was born on 8th January in 1981 in kamukuru village muran'ga county. I'm a second born of Mr Philip kamande and Mrs jecinta rugoru. I started my primary education at wamahiga primary school in the year 1988 then did my primary national examination in the year 1996. Then i joined muthithi secondary between the year 1997-2000 then i joined Thika polytechnic between the year 2003-2004 doing electronics course. After completing the course people in my village started asking me to repair their electronics appliances i did for 1year then my cousin who had a workshop in Nairobi asked me to join him in his workshop helping him repairing electronics appliances. We worked together for 5 years but he was not paying me well. Then i deside to go to Mombasa city to open my own workshop which is doing well. People hire like fishing. On of my children wants to be an engineer,the other on wants to be a soldier. I like swimming and reading Bible.

My Business

I repair,make and sell electronics and electrical appliances. I make my own DC to AC inverters,I repair TV's,DVD's,home theatre, sub wolfers, iron box etc people here in the city like entertainment and also many people here use this things so when they brokup they run up to my workshop for repair. I choose this kind of businesses because I can do it better and it has a foot profit. My typical cost is 10,000 KES for license per year 2,000 KES for electricity bill per month. I use the profit to pay school fees for my children and home improvement.

Loan Proposal

I will buy 5 pieces of subwoofers system at $30.8 each 5 pieces of digital televisions at$60.8 each 5 pieces of dvd players at $10.8 each. It will increase my profit by $10 per day.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$429.00

Date disbursed

Jan 8, 2017

Repayment status

Late

Projected term

10 months

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

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  • Jones    Oct 29, 2017

    Dear Lenders,
    I tried to call Gideon but didn't answer. I then managed to talk to one Raya who invited him to Zidisha and he said that they often speak. Gideon says that the business is not doing good but promised to resume payments soon. Thanks

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  • Raya    Oct 19, 2017

    Dear lenders, I spoke to Gideon Kamande a few minutes ago about his loan, he said that he had a business problems but he promised to resume repaying his loan right now. Thankyou.

    Log in to reply • Share
  • Jones    Jan 21, 2017

    Hi Gedion,
    Well done for your skills in the business. Thats the way to go brother.

    Jones, VM

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  • Gideon    Jan 12, 2017

    I received 40.420 KES. I bought 5 smart tvs, 5 subwoofers and electronics spare parts such as lances, ics, motors, soldering wires and inverters materials. Thankyou lenders for the loan.

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  • Gideon    Jan 5, 2017

    I will buy 5 pieces of digital televisions, 5 pieces of subwoofers and materials to make inverters. Thankyou lenders for the loan.

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  • Gideon    Dec 22, 2016

    Dear lenders, I received the loan i purchased some electronics components to make juakali inverters, i made some few and sold them. It increased my profit buy $3.3 per day. I have used the increment to buy more spares for my workshop. Thankyou lenders for the loan.

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  • Gideon    Nov 1, 2016

    I would like to increase my instalment amount due because my business is doing well now.

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  • Jones    Sep 27, 2016

    Hi Gideon,

    Congratulation for your loan. No doubt Zidisha is going to help you grow to the next level. All the best brother.

    Jones, V Mentor.

    Log in to reply • Share
  • Gideon    Sep 20, 2016

    I will buy 5 pieces of subwoofers, 4 pieces of flat screen televisions. It will increase my profit. Thankyou zidisha for accepting my loan request.

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