More accessory for my stall

Samuel

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Samuel

Member since

April 2014

On-time repayments

103 installments  •  70%

About Me

I was brought up by a single mother, after sitting for my KCPE(was kept in school by well wishers), my mother was unable to take me to college. I had to do odd jobs like helping people with their baggage, at bus stops, to raise enough money to pay for a mobile phone repair course. this has helped me open a small stall where we repair phones and other electronics. we also sell various accessories. when am not working I like reading electronic eBooks on my computer.

My Business

My business is a stall where mobile phones and related electronics, mostly domestic are repaired. we also stock related accessories like mobile phone chargers, batteries, covers and housing cases. due to the technology growth rate in Kenya, I believe these are gadgets with high demand. since I was a kid, I have always had passion for electronics and hence the choice. Am also planning to seperate the accessory shop and the repair shop, to enhance working environment. In this business the typical costs are, stall rent, local authority permits wages for the technicians and utility bills like electricity. the business also caters for my family, one wife and a kid. currently am not paying any school fess, since my kid is a toddler but am sure in future I'll, hence the need to expand the business. i see this business as a pillar for my family.

Loan Proposal

Currently am only dealing with mobile phones accessories, I would like to extend this to other but related field like electrical accessories and even selling home appliances, am also planning to open a complete accessory shop in a separate premises as the repair workshop. The repair workshop also requires some more and improved tools and equipment.

Feedback

7

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$45.00

Date disbursed

Dec 28, 2014

Repayment status

On Time

Projected term

6 weeks

Lenders

YB Song

Seoul, Republic of Korea

H

HobbyCollector

Beach City, United States

dmirpuri

Bangkok, Thailand

AllieJ

Camberwell, Australia

G

gdp-finance

United States

KM

Kirsty M

United Kingdom

DC

Dennis Comeau

United States

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Summary

Amount repaid

$45.69

Amount remaining

$0.00

Date repaid

Feb 7, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jan 4, 2015 $7.61 Jan 3, 2015 $7.61
Jan 11, 2015 $7.61 Jan 10, 2015 $7.61
Jan 18, 2015 $7.61 Jan 17, 2015 $7.61
Jan 25, 2015 $7.61 Jan 24, 2015 $7.61
Feb 1, 2015 $7.61 Jan 31, 2015 $7.61
Feb 8, 2015 $7.65 Feb 7, 2015 $7.65

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