More smart phones and mini laptops as per customer orders

Robert

Kabwe, Zambia

100% repaid

Entrepreneur

Name

Robert

Member since

October 2016

On-time repayments

223 installments  •  66%

About Me

I was born in 1983 in Chipata compound. I completed my secondary school at chizongwe in eastern province of zambia, although it was not easy due to to luck of funds, but I manage since i had to understand that life has alot of experiences. I raised some money out of a short work opportunity i had and started selling smart phones, of which i have become too passionate because of latest technology that is always coming out. Well, the People in my community has too many different values and understanding in terms of our belief but most the people in our country are Christians. I have 2 kids and both of them always talk about being doctors, and that has made me try to work extra hard so that i can make their dreams come true. I have always liked going to church during my free.

My Business

I am offering best and house hold and electronic products and smart phones to the people especially internet users. Products ranges from Fridges,fans,kitchen ware and TVs . I have done a bit of training on electronics as well and i want to move with new technology in order to be fully updated. This business is doing fine as everyone this time around wants to have these products in their homes.I have also retained the phone and accessories business as my initial business although my focus is on this one. My Major costs are to do with transportation of the goods from Lusaka to my town and also I have hired someone to help me with sales and I pay them K1,000 per month.Last month i made about $ 400 as my profit, and i think i will do more than that if i have more stock and i use most of my turn over to pay school fees for my kids and also reinvesting into other businesses particularly the phone business.

Loan Proposal

Dear my Lenders, thank you very much for the previous loan i have just completed repaying and i have already an outstanding order which i need to clear consisting of latest smart phones and few mini laptops requested by few customers and i want to bring them to test the market as i plan to expand my business through the computers as well. I will spend ZMW6000 for clearing and bringing them to my shop and i already spend ZMW7500 for the order and now i am expecting a profit increase of about ZMW9000 with a month and that will make my capital to be ZMW22500 and that will mean that i am in a right direction. And i will continue to do more.

My Videos

Apr 8, 2021: Electronics and house hold items business

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$621.00

Date disbursed

Nov 3, 2017

Repayment status

On Time

Projected term

11 months

Lenders

PG

Paul Graham

United States

Benjamin Kniaz

Boston, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

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