Mobile phone and electrical equipments
Mary
Nairobi-pangani, Kenya
21% repaid
Entrepreneur
Name
Mary
Member since
February 2015
On-time repayments
97 installments • 6%
About Me
I am Mary Sammx born in 1985. Iam married with two kids. I live in Kenya, Nairobi pangani area. I schooled at Ndumbi Primary and st Monicah Secondary schools all in Machakos . I did a diploma in sales and marketing at the Nairobi Technical Training Institute. Perseverance, endurance and hard work has been the only key to success in my life. After completion of my diploma education, i borrowed five thousand Kenya shillings from one of my tutors with an intention of investing in selling phones; which i successfully did. . The only uniqueness in this area is that there is limited land.one needs to think out side the box in order to succeed in life. There are plenty of opportunities to those who have interest in selling phone because they are all imported . My two children admire to become doctors . The main hobby that i maintain in my life is being creative and socializing.
My Business
My business is of phones selling and distributing .
I sell and distribute my products to city shops and still other shops outside the main town .
These products are of high demand due to communication factors and even due to the digital networking process all along the world.
The main reason why i chose this venture is because of these is ready market and access to society and customers as well.
The main costs incurred are in relation to the purchase new phone for supply .
Most of my revenue and income/ profits come from the sale of the phones in my shop and the ones i do distribute .
The main use of my profit is in improving my business and educating my kids.
Loan Proposal
If i will be able to get this amount of money i will utilize the amount as follows:-
21.5 US dollars will be of inventory of stock especially some new phone in whole sale prices in my area of work.
11. 5US dollars will be used in transportation in distributions of my products in new shops for different customers that i have.
21.5 US dollars will be used to buy electrical appliances.
23.5 US dollars will be used to renovate some worn-out parts of my shop that need renovation .
I will be of benefit to stretch my desire to improve business
I expect my profit margin to be between 77.8 US dollars to 11.5 us dollars on weekly basis.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Mar 2, 2015
Repayment status
Late
Projected term
22 months
Lenders
Jake Gibson and Beverly Picardo
San Francisco, United States
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