Inventory of smartphones for my business
Elizabeth
Mombasa, Kenya
6% repaid
Entrepreneur
Name
Elizabeth
Member since
April 2014
On-time repayments
257 installments • 77%
About Me
I am a business lady doing business in Mombasa town. I am a single mother of 2 siblings aged 18 and 21 years old both in college. I was born in Laikipia county in Rift Valley province and later relocated to Mombasa in search of greener pastures.
After completing my o level ,i joined Nairobi University where i studied Business and computer studies in the year 2000.
I am the first born in a family of six. I am hardworking, honest and ambitious person. Given this chance (credit) I will be able to take my business to even greater heights.Besides i do spare sometimes to let people know about their rights, we started an NGO in the name of Christian for human rights (CFHCR) which is self sponsored catering for people in prison ,children's home and vulnerable.Am the VICE CHAIRPERSON of the organization.
My Business
My business is located in Mombasa in the central business district. It deals with sale of mobile phones and M-PESA its a money transfer and receiving of money commonly used here in my country KENYA. These two products were introduced in Kenya just about 10 years ago and they have been accepted by all types of people. This is what made me get into this business so as to address the needs of the local community as well as making a living out of it.
I have been able to make good progress in this business and I have managed to take my children through their education and other needs though the profit I make. I am optimistic that the growth curve will continue upwards since the demand is still growing rapidly.
Loan Proposal
I will use the money to buy a new stock of smart phones. This type is very popular in Kenya and there are many people who are migrating from basic phones to smart phones which can support many apps which are used to do many tasks.
I am mainly targeting the rapidly growing middle class in my country who desire to have such powerful phones. The price of these phones ranges from USD 60 to as high as USD250 and with this money, I am planning to buy about 3 dozen pieces of assorted phones.
I have done a good research and I am certain that I will be able to sell them and make a good profit. I will use this extra income to better my family's life, grow my business further and repay this loan.
I also take this opportunity to thank Zidisha and the lenders for elevating my life to what it is today.
Feedback
Positive
17
Neutral
None
Negative
1
Loan Info
Project Type
Classic Loan
Disbursed amount
$2,544.00
Date disbursed
Jul 2, 2017
Repayment status
Late
Projected term
298 months
Lenders
Reston, United States
Rotterdam, Netherlands
London, United Kingdom
Shanghai, China
United States
Sydney, Australia
Germany
Lincoln, United States
Beach City, United States
Singapore, Singapore
New York, United States
Washington, DC, United States
Oslo, Norway
South Bend, United States
United States
South Africa
United States
Canada
Australia
United States
United States
United States
United States
United States
United Kingdom
Switzerland
United States
Germany
CORVALLIS, United States
United States
Hartford, Wisconsin, United States
United States
United States
United States
United States
United States
United States
United States
Czech Republic
United States
United States
Washington DC, United States
United States
Canada
United States
United States
Austria
United States
Sweden
United States
Germany
Bonn, Germany
Canada
United States
United States
United States
Australia
Oshawa, Canada
United States
United States
Switzerland
India
Bologna, Italy
Sacramento, United States
Sweden
Germany
United States
United States
United States
United States
Norway
United States
Los Angeles, United States
Canada
Saudi Arabia
Switzerland
United Kingdom
Denmark
United Kingdom
United Kingdom
United States
United States
United States
United States
United States
United States
United States
Germany
United States
United States
United States
Bruno Sanchez-Andrade Nuño (brunosan)
United States
United States
United States
United States
Portugal
United States
United Kingdom
United Kingdom
Norway
United States
Barcelona, Spain
Switzerland
Germany
Lima, Peru
Belgium
United States
Germany
Jake Gibson and Beverly Picardo
San Francisco, United States
St. John's, Canada
Thailand
Kristinn Árni Lár Hróbjartsson
Iceland
Australia
Germany
United States
Germany
Canada
Takamatsu, Japan, Japan
Switzerland
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