Mobile-phone repair shop (new branch)

Richard Bundi

Meru, Kenya

48% repaid

Entrepreneur

Name

Richard Bundi

Member since

January 2015

On-time repayments

240 installments  •  78%

About Me

My name is Richard Koome, I am a young, innovative and hardworking Kenyan citizen. I live in Meru and my business is located in Meru town. I have specialized in Mobile phone repairs, and I am learning how to fix computers through apprenticeship. I have been in this business for 3 years now, and I have already made a good customer base. I have a passion for charity work, and I use most of my free time in the internet to learn the latest mobile trends and update myself since my area of specialization is very competitive. My greatest motivation in this world is my mom. My mother successfully educated us even after having not gone to any school. She always places emphasis on the importance of learning. She likes advising me and my fellow brothers and my only sister. The reason I value my work so much is because I have a passion for it, and it is my only income source. Any assistance or support from dear Zidisha members is highly welcome.

My Business

Basically, my business entails mobile phone repair and software updates in mobile phones. Other services in my business include mobile phone charging, Flashing phones as well as consultancy for people wishing to buy good phones. I own a shop located in Meru, at a corridor in stanstead building, Tom Mboya street. I do not have an employee at my shop, and I operate it alone. I buy repair tools and gadgets from Nairobi, and they are transported to Meru where a collect them from the Bus stop. In future, I would like to grow my business to the point of being a wholesale dealer of wholesale mobile repair tools such as screens, ear piece, mouth piece, speakers and keypads. In future, I have a dream of installing internet in my premises, and purchasing a Mobile phone flashing device of my own, since I do not have one. Whenever I get flashing/software update gigs, I have to rush to a friend's shop that is located at the adjacent street. I would like to seek support from members of this forum so that they will help me grow my business.

Loan Proposal

after my previous loan,Ive managed to start computer repairs which requires more capital to buy the spare parts from Nairobi which is the capital city.Ive managed to get a good rental house which is in front of the main road in Meru town where i reside,my next loan will be used to renovate the room and get the fast moving spare parts,i also intend to sell new phones like tecno,Samsung,itel,oppo,infinix, & Nokia which are also in very high demand here,i hope my loan will be funded in time so i don't lose this golden chance,thank you in advance

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,415.17

Date disbursed

Nov 16, 2017

Repayment status

Late

Projected term

27 months

Cost to entrepreneur

Service fee: $59.63

Lenders

Cloudways

Malta, Malta

PG

Paul Graham

United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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