Inventory of mobile phone and phone accessories

Nelly Mwangi

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Nelly Mwangi

Member since

April 2014

On-time repayments

7 installments  •  100%

About Me

Am Nelly Mwangi An Accountant by profession and Iive Kinoo,Nairobi.I work as a project accountant in Shanzu Beach Resort Ltd in Nairobi
I am 29 years old am a single mother of a 12 year old boy.Am also the first born in a family of three. My parents are small scale farmers from Rift valley region of Kenya. Am hard working and honest and this qualities have brought me to where I am today from a very humble beginnings.

Due to heavy burden in raising my son and taking care of my young siblings i decided to an m- pesa shop to at least meet and settle some of my monthly expenses,as well as meeting my sons school fees.
Am determined to expand my business and stock with mobile phones and related accessories.

My Business

.I have an m-pesa shop in Nairobi city center.Am seeking Zidisha lenders to lend me money so that I can expand my shop , I will supplement and restock my business with mobile phone and phone accessories,safari com airtime,start charging phones in the beginning of next month. As one of my strategic plans am planning in the future is to open another mpesa shop. Through the earnings I will ensure timely repayment of my loan in order to regularize my account and increase my credit limit .My monthly expenses would include the following;Rental expense,Salaries to the employees,Electricity,Licenses which will be paid on a monthly Basis .Through my business am planning to provide employment opportunities to youth members as a part of social responsibility to the society.I am grateful to zidisha organization for their noble support.
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Loan Proposal

I will use my loan in stocking my Mpesa shop with mobile phones and phone accessories.This will increase my income. I intend to use $100 to buy a few low end mobile phones and the balance to buy phone accessories e.g batteries, chargers, earphones. My sales income will be adequate to repay my loan. I will be grateful.Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$149.85

Date disbursed

May 9, 2014

Repayment status

On Time

Projected term

7 weeks

Cost to entrepreneur

Lender interest: $149.85 at 3.30% annual rate over 1 month = $0.67

Service fee: $0.71

Lenders

L

Lemon

Switzerland, Switzerland

kickerofelves

Sao Paulo, Brazil

P

planespotter

Berlin, Germany

trackpal

Brighton, United Kingdom

camilberlin

Berlin, Germany

H

howard

Vence, France

dlpringle

Denver, United States

trincowski

Vilar, Vila do Conde, Portugal

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