More accessories (powerbanks and batteries) for my workshop

Maurice Ochieng

Embakasi, Nairobi, Kenya

100% repaid

Entrepreneur

Name

Maurice Ochieng

Member since

February 2015

On-time repayments

149 installments  •  77%

About Me

Am 35 yrs kenyan born citizen from siaya county having taken my childhood primary from that locality from 1986 to 1993.Went for my secondary education from 1994 to 1997 in Nandi county.In 1999 i joined a college in Kisumu county for a diploma in electrical engineering power option.later went to look for a job that never came to be.i started a small scale business under the electronics repair in 2004,but due to global change in digital generation i had to change my carrier from radio/tv repairs to do studies on mobile telephony field of repair this led me to start a mobile phone accessories sale that led me to do hardware repairs.but because of high technology growth i intent to start doing software on same field.but financial constrains has led to decline or be slow change in this field of repairs.
In my land or rather culture i am in,that's in nairobi county bussiness is the order of the day.thus it has made more people to come from all corners of the world to venture.
My son would like to like father.A businessman in imports of electronics spares.still young but determined.
My hobby is watching football but playing candy crash my phone is my pastime activity.
If i get this loan it will help me boost my business in buying software machines.

My Business

My business is called moriphatech electronics which deals with both repairs and sales of mobile phone accessories.
Soon im intending to start a software inconjunction with the later to boost this field of communication.In this business(hardware)i deal with replacements of phone screens,touch,microphone ,earpiece,ringers,faces.sale of chargers,batteries,handfrees,memory cards,flipcovers,screen guards,usb cables among others.
These goods are in high demand because almost 60 % of the population own mobile phones thus need of repairs or replacements of faulty parts.
l chose this business because its fast moving and technology changes almost daily.
The typical cost of this business is very high but i started with as little as 50,000khs because to start this business alot of machinery,spares and suppliers is required.
Most of my profit i use facilitate the expansion of this business and saving for the future of their education

Loan Proposal

My dear lenders, as I apply for this loan of 54159 KES I would like to purchase power banks worth $265 and mobile phone batteries of the same amount.
With the purchase of above items,I would be able to minimise much time I use when searching for the said accessories thanks to online purchases from China. This will also help me get much profit than buying from the local outlets within the country (Kenya).An added advantage is that I will be able to import genuine items with warranty than buying locally.
I expect my profit margins to be higher than normal because of buying in bulk outside the country.And now that I have built the trust with customers,I expect them to come in large numbers.
I'm eagerly waiting for your positive response towards my loan proposal.thanks in advance

Feedback

4

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Loan Info

Project Type

Classic Loan

Disbursed amount

$541.58

Date disbursed

Dec 29, 2015

Repayment status

On Time

Projected term

4 months

Cost to entrepreneur

Service fee: $22.49

Maurice opted to pay $112.11 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

A

andyfletcher

I want my "My loans" page back, Qatar

johnhudson

Washington, DC, United States

PG

Paul Graham

United States

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  • Maurice Ochieng    Oct 19, 2018

    Good morning lenders.it has been a while since we last had a chat. It's has not been well with me as I stated that I developed DIABETES a condition that had put me off my work due to complications. I started working again after selling all the products in one of my shops within cbd to clear a big outstanding bill I had.im now much better and my workshop within the estate has now started picking up.i will start repayments by end of the month to clear my balance of 75,600khs.please understand my situation. I depend on this business and zidisha. I know my score has detoriate but I promise to pick from where I left.sorry for inconveniences caused.

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  • Maurice Ochieng    Mar 16, 2018

    Hi lenders.after a long battle with diabetes I'm now back to my normal state of life.i have reported to work place and things will start moving as it was before.im sorry I could not make payments as agreed.and sorry for inconveniences caused.

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  • Maurice Ochieng    Feb 6, 2018

    Hi lenders.this is to let you know that I have been ailing of diabetes that made me not to attend to my normal schedule in doing repayments in time.but I'm now feeling much better and will try clear my due in the course of this month starting this week.sorry for inconveniences caused.thanks for your support.

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  • Maurice Ochieng    Jan 25, 2018

    I love doing business with you lenders.thanks alot

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  • Maurice Ochieng    Nov 20, 2017

    Hi lenders.just. despite the fact that we are experiencing difficult times in Kenya, I will still continue to repay my loans.the business is not steady but I can't complain much.

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  • Maryanne Makanda    Nov 19, 2017

    He agreed to pay the loan that despite challenges he is stable and will pay something

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  • Maurice Ochieng    Oct 23, 2017

    Hi lenders.just to let you know that the business is still going on despite ups and down during this election mood.I'm happy for your support

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  • Maurice Ochieng    Sep 27, 2017

    The business is doing fine despite election fever in the country Kenya. Business is down but I'm managing and can't complain because my field of business is a day to day affairs. Thanks for the support from zidisha

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  • Maurice Ochieng    Aug 31, 2017

    New arrivals

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  • Maurice Ochieng    Aug 13, 2017

    179, 550 KES has been received in full as per yesterday.thanks be to lenders who made sure that my loan application is funded in time.I will be buying the two machines for separating phone screens, laptop for the workshop and more accessories related to mobile phone as stated in my loan application. THANKS ONCE AGAIN

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  • Maurice Ochieng    Aug 7, 2017

    Hi lenders.thanks for your support to see my business grow further. Otherwise I have a concern over the disbursement of the loan because I have not received some amounts two weeks down the line.please I can't understand why I'm being told that I have not done two weeks repayments yet the loan is not fully disbursed

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  • Maurice Ochieng    Jul 17, 2017

    Just to send my sincere thanks to all my lenders who successfully funded my loan in time.This loan will help me sort out on my items I wanted to buy because the demand of my job is higher hence a my locality will also benefit on the projects I'm intending to continue on.
    I will buy laptop,screen separation machines and screens

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  • Ronald    Jul 15, 2017

    Hello Maurice, more than 1800 $ for your project is very risky for you, Zidisha and all lenders. Think about that and plan a new and smaller project. Best regards Ronald

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  • Maurice Ochieng    Jul 11, 2017

    I'm really happy for all the lenders who have been by my side to reach this far.
    I'm looking forward to apply for another loan soonest.
    Thanks a lot for that support.

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  • Maurice Ochieng    Jul 1, 2017

    Without you lenders I would not have gone this far.thanks all as I look forward to clear my loan

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  • Maurice Ochieng    Jun 15, 2017

    Business is back as usual and my customers are back now.thanks lenders for being there for me especially when I needed you most.

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  • Maurice Ochieng    May 18, 2017

    Dear lenders due to harsh economic times here in Kenya where even buying a packet of maize flour is hard to buy and so is the number of customers to my workshop.This has made my score or rather repayment be slow but im trying to make both ends meet.sorry for being slow.but now i have gsined my strength back

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  • Maurice Ochieng    Mar 21, 2017

    The business is doing fine and I have just bought a hot plate for easy screen separation using the profit I have gained.
    Thanks be to lenders who made sure my loan went through.

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  • Maurice Ochieng    Jan 14, 2017

    New batteries added to my workshop

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  • Maurice Ochieng    Dec 18, 2016

    My motobike has started working in doing delivery.thanks to all who helped in raising my loan.Also the stock i ordered has arrived too.these will increase my sales alot.

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