Loan to buy phone accessories for sale

Mogire

Kisii, Kenya

64% repaid

Entrepreneur

Name

Mogire

Member since

March 2017

On-time repayments

46 installments  •  46%

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

$29.00

Date disbursed

Sep 19, 2017

Repayment status

Late

Projected term

5 weeks

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

Ask Mogire a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Please log in to comment.

  • Mogire    Oct 16, 2017

    I received 4998 KES I have added stock and am happy
    Thank you zidisha be blessed

    Log in to reply • Share
  • Mogire    Oct 13, 2017

    Thank you for this great support. Looking forward to improving my business
    I am grateful be blessed

    Log in to reply • Share
  • Mogire    Oct 11, 2017

    I am happy for the support that you are giving me in my life. I managed to buy phone covers, phone batteries on wholesale and now I can see my sales have improved.

    Log in to reply • Share
  • Mogire    Oct 8, 2017

    I have managed to get some funds and I intend to finish paying my loan to raise a bigger amount to do substantial work

    Log in to reply • Share
  • Mogire    Sep 24, 2017

    Thank you lenders for the support
    I received KES 2793.00 and bought phone covers and batteries that are already stocked for sale.

    Log in to reply • Share
  • Mogire    Sep 18, 2017

    Thank you so much for the support. I am going to put the funds to work immediately received.

    Log in to reply • Share
  • Mogire    Sep 5, 2017

    i managed to pay my business rent in time using the loan I acquired from your organisation. this allowed me to do business freely without any disturbance from my landlord.

    Log in to reply • Share
  • Mogire    Jul 28, 2017

    Hello lenders
    Thank you so much
    I received 1396KES and am going to pay my shop rent immediately.

    Log in to reply • Share
  • Mogire    Jul 14, 2017

    Thank you Lenders
    I will be able to pay my rent once funds are rteceived

    Log in to reply • Share
  • Mogire    Jul 12, 2017

    Using my last loan I purchased phone covers and batteries. though I have some stock remaining I managed to increase my sales thus extra earnings that has made me manage to pay my bills in time and provide for my family

    Log in to reply • Share
  • Mogire    Jun 10, 2017

    Thank you so much for the support. I will put the most money into business immediately received
    Thank you

    Log in to reply • Share
  • Mogire    Jun 9, 2017

    I managed to get more stock that is so far doing well. It enabled me to get more earnings and I was able to pay school fees for my children.

    Log in to reply • Share
  • Mogire    Jun 1, 2017

    I can manage to pay more to reduce my commitments

    Log in to reply • Share
  • Mogire    May 14, 2017

    Thank you lenders I have received the funds will engage them immediately

    Log in to reply • Share
  • Mogire    May 11, 2017

    Thank you lenders am so happy that you have considered my request

    Log in to reply • Share
  • Mogire    May 3, 2017

    I have been in problems wish to adjust and start on a clean sheet.

    Log in to reply • Share
  • Mogire    Mar 16, 2017

    I wish to thank you for your support. The amount I have received though small it will go a long way in helping me in reducing my fees burden
    Thank you again.

    Log in to reply • Share
  • Mogire    Mar 13, 2017

    Thank you

    Log in to reply • Share


Loading...

Loading...

Loading...