Loan to buy phone accessories for sale

Mogire Yuvenalis

Kisii, Kenya

64% repaid

Entrepreneur

Name

Mogire Yuvenalis

Location

Kisii, Kenya

On-time repayments

42 weekly installments  •  40%

About Me

My names are Mogire Yuvenalis I am a P1 trained teacher doing business as a side hustle.
I managed to secure government training In a government school after struggling going through secondary school.
I have four children both of them in school. I take care of them personally including paying their school fees.
In my neighborhood I also train students during my free time.

My Business

I own a small business where I sell phones and phone accessories. I managed to make savings from my teaching job to be able to start this business. I have employed an assistant who helps me in the shop when am out teaching.
Phones have become a necessity around here and everybody owns one that makes this business of need as everybody must need something for his or her phone.
I make sales of upto 50000KES per month making a profit of 15000KES per month.

Loan Proposal

I am once again back to request for funds to buy phone accessories for sale. I intend to to buy Phone batteries at a cost of USD 4 per piece and Phone covers at a cost of USD 5 each. this items will give a profit of upto 50% each. with this profit I will be able to pay my bills in time and help me in educating my children. also I will be able to uplift the living standards of my family.
This business is ideal because currently everybody is using a smart phone thus need for change of accessories after some time in use.
Thank you as I look forward to your assistance.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$29.13

Date disbursed

Sep 19, 2017

Repayment status

Late

Projected term

5 weeks

Cost to entrepreneur

Service fee: $1.30

Lenders

A

Andy

Berlin, United States

fairspirit

Utrecht, Netherlands

F

FloridaCandle

United States

B

bugdaniel

Switzerland

Christopher Hey

Sudbury, Canada

PR

Priscilla Rathbone

Seattle, Washington, United States

RG

Ravi Gadad

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

MP

Max Power

United States

Paul Buchheit

Mountain View, United States

E

erick0524

United States

A

Anonymous

United States

CN

Craig Newmark

United States

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