Inventory of parts to boost my business

Kavu

Rabai, Kenya

100% repaid

Entrepreneur

Name

Kavu

Member since

April 2015

On-time repayments

263 installments  •  29%

About Me

my names are kavu juma single 26 years old 3rd born from a family of four.my home village is Rabai Kilifi coast Kenya where I was born and taken care of by my both beloved parents.I joined my education at the same same village that is from kiddergarten 1 up to class eight then joined a polytechnic which was at near by town.I did not join secondary education due to financial instability and here in my country there is no free secondary education.After completing my 2years electrical and electronics repair course,I went back to my home village for a period of three months and by good luck my father was job upgraded and his salary was raised so helped me with a little amount of money which was enough to me to start a small workshop and that is how I became self employed.In my free time I like watching movies and listening to music.

My Business

I do repair electrical and electronics appliancies which is in a high demand as large percentage of people use electronics for their entertainment during their free time and some to do their works especially computers.I choose this kind of business because it needs small amount of capital to operate .I use my profit to meet my basic needs,pay my rents,support my young brother who is at school and also to boost my business

Loan Proposal

If i will get the loan i will buy a dozen of power transistors worth 20 dollars,a dozen of vertical ics worth 27 dollars,a dozen of horizontal transistors worth 20 dollars and power modules worth 45 dollars.It will help me to serve many of my customers at a time without rushing so saving my time and money and have enough free time to meet my home duties.My profit will also increase as i will have enough stock to operate my business.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

May 25, 2015

Repayment status

On Time

Projected term

7 weeks

Lenders

Paul Buchheit

Mountain View, United States

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