Inventory of parts to boost my electronics repair shop

Johnik Kamau

Mazeras, Kenya

21% repaid

Entrepreneur

Name

Johnik Kamau

Member since

May 2014

On-time repayments

145 installments  •  56%

About Me

I am 32 years old and I am a Kenyan citizen. I am the third born in a family of seven. My home village is Kigumo in Murang'a County but I have been living in Mazeras Kilifi County in Coast Province for eight years now.

My education ended in secondary school, when I received the secondary certificate but could not proceed due to financial instability. After secondary school, I spent four years in Mazeras working at an EPZ as an MP mechanist. With my earnings, I quit employment and started my own electronics business. My main goal was to build a self-owned business to help support my family and earn a better living. Through the profits that I have earned, I have been able to improve my business and also support my little brother in his education by paying part of his school fees.

My Business

My source of income is from my own electronic business.

I repair radios, television, and DVDs that have failed working. I also sell electrical appliances like the extensions bulbs and tubes, sockets etc. My business is profitable because there is a high demand of electrical appliances.

However, there are also risks in my business. At times, some of my goods fail to operate as they should so I have to repair them first and sell them as second-hand goods because I have already broken the seal. Also, some of my items may be outdated. For instance, we are now moving from analogue to digital so I count the analogue items as dead stock.

Loan Proposal

another time has come and am back to you my dear lenders to look for your helping hand as you have made a great change in my life.the loan has helped me very much as my business is doing well but still i need some more cash to make it more better.my plan for the loan is still to buy parts especially the fast moving and new ones like USB cards which will cost $19.58 ,television power power,horizontal and vertical transistors for $29.37, capacitors and resistors and diodes for $48.95,radio and amplifier ICs for$68.53.having all that I will be able to work without any problem of rushing and also serve many customers at a time so making more profit.it `s your work lenders now and GOD bless you.

Show original English  

About Me

I am a Kenyan citizen aged 32 years, I am the third born from a family of seven,my home village is Kigumo in Murang'a County but for now i am on my eighth year at Mazeras Kilifi County in coast Province.My education ended in secondary school i did the secondary certificate but could not proceed due to financial instability. I spent my first four years in Mazeras working at an EPZ as an MP mechanist.From my earnings i had to quite from being employed and i started my electronics business.My main reason was to create self owned business to help support my family and earn a better living.Through the profits that i earn i have been able to improve my business and also support my little brother in his education by paying part of his school fees.

My Business

My source of income is from my own electronic business.I do repair radios, Television, DVDs that have failed working i also sell electrical appliances like the extensions bulbs and tubes, sockets e.t.c.My business is profitable because there is a high demand of electrical appliances.the risks that i incur from my business is that some of my goods my fail to operate acoodingly so i have to repair them first and sell them as second hand because i will have already broken the seal.Also some of them may be out sale like for instant we are now moving from analogue to digital so i count them as dead stock.

Loan Proposal

another time has come and am back to you my dear lenders to look for your helping hand as you have made a great change in my life.the loan has helped me very much as my business is doing well but still i need some more cash to make it more better.my plan for the loan is still to buy parts especially the fast moving and new ones like USB cards which will cost $19.58 ,television power power,horizontal and vertical transistors for $29.37, capacitors and resistors and diodes for $48.95,radio and amplifier ICs for$68.53.having all that I will be able to work without any problem of rushing and also serve many customers at a time so making more profit.it `s your work lenders now and GOD bless you.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$257.00

Date disbursed

Feb 12, 2016

Repayment status

Late

Projected term

59 months

Lenders

BelleStarr

Albuquerque, United States

B

bugdaniel

Switzerland

Michel Bavin

Antwerp Area, Belgium

MW

Matt Willis

United States

BB

Ben Bellows

United States

wissam

Jeddah, Saudi Arabia

Craig Newmark

United States

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