Mobile phone accessories and upgrading workshop

Hederson

Utawala, Kenya

100% repaid

Entrepreneur

Name

Hederson

Member since

March 2014

On-time repayments

41 installments  •  88%

About Me

I am 27 years old a second born in a family of five, son of Duncan theuri and the late Grace theuri. I am a devoted christian a member of presbyterian church and a youth leader for four years. I help my parent to pay school fees for my younger sisters from what i get in my business. I competed O level year 2005 and later joined technical collage and trained as mobile technician. currently i went back to college in part time to add IT so that i can be able to grow as technology grow. I started business in year 2009 after being employed for some time and realised that i can not achieve my dream goals thru employment and decided to start own business. I purchase phone spare parts and accessories and sell services thru repairing and accessories.<input name="aboutMeTimestamp" type="hidden">

My Business

I will use my business to repay the loan. My business is to sell services thru mobile repair and selling mobile accessories. There is high demand for my good and services because mobile phone is affordable and has become a basic thing to every one as the easiest means of communication; they all need to be repaired and serviced. Most of customers prefer my business due to the best and quality good and services i sell to them. Its profitable because when i sell accessories i get about 25% profit and when i sell services i get 70% profit and the demand is high. The most though not common risk i get is that the phone might get extra damage in process of repairing and business is charged for extra repair. Monthly collection has increased due to your support is 570USD, profit 330USD.still have not yet attained my main goal but am moving well by your help. my main goal is to rise enough funds to instal the suitable machinery for the workshop and so far it has not been possible. My humble request is you continue offering me loan so that i can be able to instal and expand the business and also create more employment, currently the business still employs two people;me and another person.<input name="aboutBusinessTimestamp" type="hidden">

Loan Proposal

Will use 172 dollars to buy miracle box which is the recent flash box for chines phones,and 97 dollars to buy accessories like batteries, memory cards, back covers and housings. By doing so my services in workshop will be perfect thus offering best services to my customers and attracting many more. By actualizing the above my income will increase by 5% hopefully so enabling me to continue supporting my younger sisters with schools fees and also myself.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$280.00

Date disbursed

Dec 18, 2014

Repayment status

On Time

Projected term

6 months

Lenders

Cricketca

San Jose, United States

M

Malibu

Westwood, United States

A

axienjii

Amsterdam, United Kingdom

Vesa

Helsinki, Finland

Leonardia

Waddinxveen, Netherlands

Loungin

United States

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