250 installments • 96%
My name is Alpha Musyoka Kitonga
I am a freelance writer, researcher (freelancer) for the last 10 years and i own a car spare parts shop I have a keen eye on business opportunities.
But mostly,i love freelancing and online opportunities.
I have been able to finance my laptop project here and first digital camera , a fast food cafe,an online store where i sell mobile and smart phones and lastly an online spare-parts business. Thank you to the Lenders who helped me, be blessed.
For the last 2 years with the help of funding from Zidisha.org i have been running my online spareparts business , and a small store for sales support and an online shop on Jumia Kenya and facebook .We are glad that i was able to find a location on Mombasa road, Maasai road, where offline sales take place.Currently , everything has been set up including a sales support shop and the business is a making sales and business is good.
I have registered a business name, a bank account and my business is legal and trustworthy.
The business deals with sales of fast moving car parts such as car service parts ( spark-plugs, motor oil air and oil filter , tyres , car safety accessories such as reflectors, first aid kits. Car windows tints, headlamp tail lamps and bulbs etc.
This loan will help boost the current stock which went down due to low sales during the COVID19 period and also help the business have running capital.
I currently Run an online electronic shops on Jumia.co.ke where I sell electronics and phone accessories which are fast Moving goods. Here is a link to my shop https://www.jumia.co.ke/alfa-one-shop/
I would like add a new range of products, that is smartphones and More phone accessories ,televisions and Home appliances later.
Currently the bestselling phones in Kenya are Tecno, Infinix and Samsung, which I would like to add to my stock. For this loan, I will only be able to Purchase more than 10 smartphones(infinix) which is the minimum agreed price with the supplier.
With that stock I will make a profit of 2,000 per phone and I expect to sell at-least 5 phones per week online because I will be offering clients the best prices. I will then scale up the business by adding more stock and new range of smartphones (Samsung Tecno, Mi, Huawei etc) with the profit
I hope you will fund this loan and a great idea towards financial freedom.
Aug 4, 2018
Cost to entrepreneur
Service fee: $35.28
Credit risk payment: $105.85