Inventory booster

Felix

Nairobi, Kenya

0% repaid

Entrepreneur

Name

Felix

Member since

July 2018

On-time repayments

15 installments  •  33%

About Me

I am Felix Munga from Nairobi, Kenya. I am 28 years of age and a Marketer by profession, but currently unemployed due to the lack of enough job opportunities in the economy. Due to this, I decided to be an entrepreneur and start a business on my my own so that I could be able to do an economic activity that could help me make a living. I have a cyber cafe combined with a mobile money transfer shop and also I am in the transport business where I own a motorcycle for short distance commuting passengers.

My Business

My business is a cyber cafe, a mobile money transfer shop and a motorcycle business commonly referred to as "Bodaboda" here in Kenya. I have always had a special affinity for computers ever since I was young and most of the things that I know from software, hardware and networking are largely self taught, although I took computer classes. For the transport business, I saw that there was a huge need for the motorcycle since where I live is a bit far from the main road, and it can take one lots of minutes to walk from the house to the main road, in this regard a motorcycle was a convenient choice to cut short the time that would be used for walking. I mostly plough back the proceeds of my businesses back to the businesses to help them grow and also to start other businesses for my own growth.

Loan Proposal

I am planning to add some inventory to my business which include papers for photocopy, photo papers, printer inks and graphic design equipment for the time being so as not to stall the business. Due to being a holiday season for school going kids, there will be a lot of business and my plan is to get ready for that, and repay the loan in good time. Thank you in advance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$117.00

Date disbursed

Apr 25, 2019

Repayment status

Late

Projected term

2 months

Lenders

ErikN

Stockholm, Sweden

A

akshu71

Ottawa, Canada

H

Harry

Florida, United States

Paul Buchheit

Mountain View, United States

BS

Brooke Schreier Ganz

Mill Valley, California, United States

RS

Ralph Smyth

United Kingdom

S

Sam

New Zealand

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