New stock of solar components

Daniel

Kiambu, Kenya

100% repaid

Entrepreneur

Name

Daniel

Member since

May 2017

On-time repayments

7 installments  •  29%

About Me

Born and bred in Nairobi, I consider myself cool calm and collected but outspoken on issues with simmering social context especially if they tamper with freedoms of those around me.

My background is in Procurement and Supply chain but I have recently started my entrepreneurial journey. I wear many hats one of them being technology whose funding am looking for.

I am a dreamer and a happiness hero. I believe in failing first and succeeding fast.

My Business

iMart.co.ke aims to become a world class online shopping mall and a market leader in e‐commerce. Hosted in the fast‐developing ICT environment in the capital city of Nairobi, Kenya this multi‐level online Mall will have a large base of local & international brands and flagship anchor stores. iMart.co.ke will set new standards by becoming the biggest online shopping Centre not only in Kenya but in the whole of Africa.

While development of the platform is in full gear, iMart.co.ke mall will strive to offer even more of the best shopping, dining, entertainment and leisure experiences, in a world‐class virtual mall that expresses a unique modern design and uses innovative technical programming to enable excellent, efficient and convenient shopping.
iMart.co.ke plans to partner with leading retail stores offering goods and services in the above mentioned sections/categories. One X‐Factor that iMart.co.ke will have above other online shopping platforms is short delivery time. By partnering with a tech delivery partner whose core business is delivery, iMart.co.ke will be able to deliver shopping within 30 minutes on average. Manufacturers will also be able to advertise in this platform as well as be able to directly reward customers for brand loyalty.


PLATFORM SUMMARY

Vision

iMart.co.ke focuses on customers' wants and preparing customer data base on a regular basis. iMart.co.ke also focuses on retail stores ensuring there is enough traffic and conversion on the platform to boost sales. As an e-commerce & m-commerce platform, iMart.co.ke aligns all its strategies keeping in mind the following:

• To make iMart.co.ke available to customers in the greater Nairobi as well in the diaspora.
• To be the largest e-Commerce marketplace for groceries in Nairobi City area, with a view to expanding its business all over Kenya and Africa.


Mission

Our mission is to provide high quality products at low prices along with doorstep delivery. iMart.co.ke taps the unattended needs of the people who do not find traditional brick & mortar retailing convenient due to many unavoidable reasons. Our foremost mission is to provide convenience to the customers followed by best value for money backed by quality and satisfaction.

Loan Proposal

Solar is clean energy and is a better option for electricity as it does not have any recurrent expenditure.

The County of Laikipia has awarded me a tender for supply of solar components. These include solar panels, batteries and inverters. I seek funds to procure stock to supply the county. The total amount I require is Kes 200,000.00.

The profit margins are within the range of 30-40% and payment is within 30 days of invoicing, making it a viable venture.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$14.00

Date disbursed

Oct 18, 2018

Repayment status

On Time

Projected term

3 weeks

Lenders

A

Andrei

United States

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Summary

Amount repaid

$14.85

Amount remaining

$0.00

Date repaid

Nov 14, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Oct 26, 2018 $4.96 Nov 14, 2018 $4.96
Nov 2, 2018 $4.96 Nov 14, 2018 $4.96
Nov 9, 2018 $4.94 Nov 14, 2018 $4.94

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