Mobile phone repair shop upgrade

Odhiambo

Keroka, Kenya

100% repaid

Entrepreneur

Name

Odhiambo

Member since

April 2017

On-time repayments

18 installments  •  56%

About Me

Hi, I am Ian. An enthusiastic young man who believes nothing but success. I dont stop when am tired, I only stop when am done and am succesfull. I come from a humble background and I beleive I am able to bring change to my life and my family. I beleive in self employment and I know I am able to make it to the top with time. I own a mobile phone repair and accessories shop and I beleive I will one day expand to a very big mobile phone dealer shop

My Business

I run a mobile phone repair shop and I also sell mobile phones and accessories. I found office space in town and since then demand has been extremely high and there is serious need for me to expand to large scale operation. I was intrested in phones as a small child and followed the same direction in education. Even though the business has good returns I use most of the profit to run the family budget leaving me with too little to save or re-invest. This is going to be a great opportunity to increase my earning and upgrade my business if I get a loan.

Loan Proposal

I will use the loan to bring in more goods to satisfy my clients. I plan to by mobile phone covers and chargers that I will be selling to my customers. One charger costs around $1 and a phone cover likewise so I will be able to get 5pieces each. This will help me serve my customers better by allowing them to find a variety of accessories in my shop. Most of them will be satisfied. This is going to help me earn an extra $3-$4 on what I earn at present per week.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$10.00

Date disbursed

May 26, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

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