Expand my inventory of electronics and spare parts

Albert

Githurai Mwiki, Kenya

47% repaid

Entrepreneur

Name

Albert

Member since

April 2013

On-time repayments

235 installments  •  40%

About Me

I have completed my secondary education then acquired vocational training in electronics. I am married and blessed with one child who is 7 years old.

I reside in Githurai Mwiki and have also established electronic business in the community. My wife operates a tailoring business where is makes women & children clothes.

Revenue from my business and the tailoring business for my wife is used for upkeep, saving to expand the businesses and savings for the children education.

I am actively involved in community development thus serving in the local development committee.

My Business

My electronic business is based in Githurai Mwiki. It involves selling of spare parts of television sets, decoders, Dvds and mobile phones and also offering repair services.

The demand for my goods and services is high because of the technology era whereby at least every household has a mobile phone hence I am the only provider of the services in the community.

Customers prefer my business because of good repair skills & experience and good customer services. My business is at risk because it can't sustain the needs of customers who require mobile phone spare parts thus reducing my sales but with financial boost, I will be in position to purchase the mobile phone spare parts hence meeting customer demands.

The average monthly sales is Kshs 74000 and the average monthly expenses is Kshs 52000 hence the average profit is Kshs 22000.

Loan Proposal

if i get the loan am planning to expand my business through buying more stock like television sets which will cost 200 dollars, dvds at acost of 100dollars spare parts at acost of 100 dollars and 10 dollars as operating expense.

Feedback

2

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$588.00

Date disbursed

May 8, 2016

Repayment status

Late

Projected term

37 months

Lenders

M

marvin24

Giessen, Germany

H

Hilke

Bremen, Germany

J

Jason

New Jersey, United States

H

Heja

Hamburg, Germany

C

Christian

Saarbruecken, Germany

D

Delph007

Den Haag, Netherlands

CaseySampson

Vancouver, Canada

investor

Candiac, Canada

T

tatts2000

melbourne, Australia

mbunifu

San Jose, United States

BelleStarr

Albuquerque, United States

cyrus0302

San Francisco, United States

AltruisticSelfishnes

Chicago, United States

COOPITALIST

Toronto, Canada

P

peterczech

Farmingdale, United States

DeanDropshot

Oslo, Norway

E

ElmTree

Wadsworth, United States

ErikN

Stockholm, Sweden

J

jozua

Delft, Netherlands

traciyoshiyama

Honolulu, United States

Tjitser

The Hague, Netherlands

MichaelDean

San Jose, United States

JG

johnny garden

Köln, Germany

johnandmoliehi

Canton, New York, United States

SteveW

Birmingham, United States

AnnaChristina

Pittsburgh, United States

T

ToddK

Indianapolis, IN, USA, United States

S

Steveandson

Arlington, United States

rodcul

Altea, Spain

C

crpwme

Philadelphia, United States

C

cjmenchaca

Austin, United States

P

Piccolo

London, United Kingdom

F

FCPLending

brooklyn, United States

W

woodleycw

Ottawa Ontario, Canada

Jeff and Marcie

Portland, OR, United States

B

blahblah

Nuernberg, Germany

T

thejacobnorton

Jubail, Saudi Arabia

J

Jennifer

Minneapolis, United States

R

Rossman

Poland, United States

B

briansedz

Canton, Ohio, United States

P

proby24

Singapore, Singapore

K

Kibbleni

Madison, United States

beverly

Vancouver, Canada

phytoplankton

United States

J

jjonas

berlin, Germany

T

tmsaddress

Orlando, Florida, United States

A

anonymous123

United States

G

grahamfamily

Guildford, United Kingdom

dajawein

Gladstone, Australia

indeh

London, United Kingdom

athomas

Chevy Chase, United States

T

TokyoBliss

Tokyo, Japan

Myrar

Aarau, Switzerland

R

RichardH

Manchester, United Kingdom

K

KDeath

Dublin, Ireland

N

nodogosi

Espoo, Finland

B

bopsquod

Seattle, Wa, United States

B

bgj21

Cambridge, United Kingdom

Cloudways

Malta, Malta

M

markusfitza

College Station, United States

IA

Ismini and Jerry

Stamford, USA, United States

P

penguin3694

Chicago, United States

D

doinggood

Missoula, United States

A

Austrian

Graz, Austria

P

PhilACK

Brampton, Canada

Matthew

New York, NY, United States

A

argos

Zurich, Switzerland

B

BClay

Campbell, United States

J

jwharding

Hamburg, Germany

ads68

Melbourne, Australia

E

edgreig

Brixton, United Kingdom

Bhayl

Stavanger, Norway

rfriedenberg

New Jersey, United States

J

jerryq

Redding, United States

HMS_5th_Grade

Honolulu, United States

A

Andy

Berlin, United States

C

chrono

Toronto, Canada

A

alkemyst

Geneve, Switzerland

fairspirit

Utrecht, Netherlands

ericacamille

Brooklyn, United States

G

gregc

Calgary, Canada

N

NLArjan

Leiden, Netherlands

M

maxep06

Fairfax, United States

Winona

Yakima, United States

C

CJAnderson

Sydney, Australia

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

M

Marod

Edmonton, Canada

M

marcmesich

Kaohsiung, Taiwan

F

Fritzimax

Pacific City, United States

Zal0m0n

Atlantis!!!! x), Mauritania

K

kingcamo1095

Mountain Home, United States

A

AndrewC

London, United Kingdom

O

Ohio

Ohio, United States

JonB

London, United Kingdom

A

andprosper

World Peace, United States

dmirpuri

Bangkok, Thailand

xtrahardware

Cazenovia, United States

B

BMcDermott

Washington, DC, United States

O

OrientExpress

Tokyo, Japan

R

rosebo

Bend, United States

E

E

Marin county, United States

G

Gdrvasc

Frederick, United States

C

Clben7

Cincinnati, United States

Evan Lamos

Brussels, Belgium

sderickson

Berkeley, CA, United States

M

Malibu

Westwood, United States

Shemuel

New Jersey, United States

C

chrishol

United States

D

Dan

United States

T

theironbank

United States

S

spivurno

United States

R

rbaspinwall

United States

M

Mal57

Australia

Z

zdenek

Czech Republic

M

Michi

Switzerland

P

plhughes

United States

Landerson

Edinburgh, United Kingdom

joshuacollinson

Vienna, Austria

S

sarah4d2

Saint Louis, United States

T

thenwhen

United States

mepster

San Francisco, Ca, United States

TyWee

Manila, Philippines

B

bscent

Hong Kong

W

wesbh89

United States

H

HLCharityFund

United Kingdom

Grant Xavier Storer

Seattle, Wa, United States

S

sarahb

United States

S

SCHAC

Switzerland

S

satheajay

United States

M

M.Umar

Pakistan

Andrew267

Birmingham, United Kingdom

reluck

Marseille, France, France

A

andreab

United States

S

Stephan

Netherlands

JP

James Parker

Sacramento, United States

KM

Kirsty M

United Kingdom

John R

Ponte Vedra Beach, United States

Arne Bachmann

Hamburg, Germany

D

Daniel

Stuttgart, Germany

E

Erich

Zurich, Switzerland

MJ

Matt Jenkins

United Kingdom

Dave Bogard

New York, United States

Lauren

United Kingdom

Family Mueller

Petershagen, Germany

MW

Matt Willis

United States

W

Wade

United States

C

cnr

United States

jtreyes

United States

Kate Courteau

United States

Jack Doolan

Newcastle, United Kingdom

E

erica

antwerpen, Belgium

ME

Mike Engsberg

United States

Max Lettenberger

Madison, WI, United States

Julia

United States

DB

Divya Bhat

United States

KD

Kent Don

United States

JD

Jeff DePree

United States

N

Nikhil

United States

ME

Manaal Eisa

Washington DC, United States

Caroline Cress

Seattle, WA, United States

BB

Ben Bellows

United States

FANCYWEAR

United States

B

Brent

United States

Solon Brown

Singapore, Singapore

Martin Nielsen

Aarhus, Denmark

R

Rembrandt

United Kingdom

AH

ajay hampapur

United States

E

eriklonnroth

United Kingdom

Aran Dunlop

United States

DL

Dan Lawrence

United States

Rosario von Li

San Jose, Ca, United States

A

Andrei

United States

AK

Achim Königs

Bonn, Germany

Diego

Monza, Italy

MH

Meg Holland

United States

GN

Gabriel N

Switzerland

N

Nathan

Australia

GT

Geoff Tucker

United States

Dan Michael

Oslo, Norway

L

LK

United States

K

Kaleb

United States

KE

Karen Epolito

Syracuse, NY, United States

JC

juli camrud

United States

RC

Rudi Chen

United States

SV

Salim Virji

United States

WG

Waqar Ghani

United States

B

Brett

Australia

CS

Chas Schlaack

United States

Noemi L Dado

Manila, Philippines, Philippines

The Zinc Team

San Francisco, United States

WS

Warren Shen

United States

Humble Bundle Community

San Francisco, United States

SM

Sue MacFarlane

United Kingdom

BR

Brandon Ross

United States

HD

Hardik Desai

United Kingdom

BE

Bob Ewing

United States

JD

JASON DORSETT

United States

AB

Andrew Bent

United States

RG

Ryan Gough

United States

Ken

Mequon, WI, United States

CS

Chris Salzman

United States

A

Anonymous

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Albert a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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