Online drop-shipping shop inventory

Alpha Kitonga

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Alpha Kitonga

Member since

April 2015

On-time repayments

250 installments  •  96%

About Me

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.

My Business

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.

Loan Proposal

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.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$837.39

Date disbursed

Aug 4, 2018

Repayment status

On Time

Projected term

14 months

Cost to entrepreneur

Service fee: $35.28

Credit risk payment: $105.85

Lenders

W

WilsonLending

Atlanta, United States

Brian

Midhurst, Canada

AltruisticSelfishnes

Chicago, United States

Pere

Barcelona, Spain

Erica

Caledon, Canada

E

ebronken

Oslo, Norway

M

mkfiddler

Santa Barbara, United States

R

Rking

Eugene, United States

P

Peksa

Espoo, Finland

mikeoberhaus

San Francisco, United States

indrayudha

Jakarta, Indonesia

O

Ohio

Ohio, United States

JonB

London, United Kingdom

xtrahardware

Cazenovia, United States

D

drorm

United States

O

osubucks45

United States

trincowski

Vilar, Vila do Conde, Portugal

K

Keith

Luxembourg

S

Sven

Netherlands

E

Erich

Zurich, Switzerland

Family Mueller

Petershagen, Germany

MW

Matt Willis

United States

W

Wade

United States

SK

Stefan Kruell

Muenster, Germany

RM

Roxane Milot

Gatineau, Québec, Canada

Cliff

United States

CC

Chris Cutter

United States

I

isaac

United Kingdom

Craig Travis Provyn

Bradenton, Florida, United States

VC

Victor Chong

United States

R

Ralf

Germany

BP

Bill Piper

United States

Salvatore Martello

New York, New York, United States

DW

Dan Winetsky

United States

Tyler Metcalf

Utah, United States

PA

Peter A

New York City, United States

J

JB

Germany

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