Opening an electronics shop

Rahab Nyambura

Kizito, Kenya

100% repaid

Entrepreneur

Name

Rahab Nyambura

Location

Kizito, Kenya

On-time repayments

342 weekly installments  •  89%

About Me

Am Rahab Nyambura 30 years old.I have successfully completed my O Level and pursuerd a degree in Business administration at K.C.A university. Besides school am an entrepreneur running four micro businesses one being rearing of broiler chicken second being ,selling of clothes,and a restaurant , when i was starting this business partly of the capital came from my family members and some i generated from engaging myself from odd jobs which i did during the weekends.my motivation was my mum who got a road accident and lost her leg got amputated when i was in school so my fees became a major problem i had to work hard to provide fees and help her where i could.,but by the Grace of God and the help of zidisha loans i have overcome all that.

I am a role model to other young people in my community and university as most of them have been visiting my business.Besides working am involved with an organization by the name kibera infortaners situated in kibera slum where we mentor children and engage them in educational and motivational talks and activities.I also enjoy traveling ,socializing and making new friends...

My Business

Am an entrepreneur lady where by i have a great passion for business which i have studied at a degree level at K.C.A University.I now own five businesses one being selling of new clothes that is mens and ladies trousers,dresses,men and ladies shirts, African attires e.g.sandals.I target mostly the students because according to my research are fashion icons and buy clothes oftenly according to new trends int he market.By getting the fifthzidisha loan i was able to open a shop for selling chicken feeds and also added feeders drinkers,and the bulbs that are used to provide heat or warmth in the brooding room. the profit i was geting from this line of business enabled me to add also to variety of clothes e.g shoes,curtains,and African vitenges and African attires and also by the Gods grace i got several customers who i got to supply new clothes at a wholesale price thus include vitenge and African wrappers(leso in swahili).I maintain my customers by keeping a good customer care relation,asking for their opinions ,, getting to know what the want, by providing an affordable price ,, also coping up with the technology fast changes and also providing fashionable items.Challenges that i face are sometimes prices in wholesale go up due to economic instability and changing my prices becomes an inconvenience.My second business is rearing of broiler chicken which i have increased to an amount of 2000 chicks by the help of the last zidisha loan which i decided to rear them on intervals of 1000 so that i can maintain my customers and also to avoid running out of chicken to sell in my fastfood.Third business is fastfood where i sell chicken meat from my farm and fourth is the shop i opened for feeds ..My clothes business total income is from 1500 dollars,hence the total expenses are 800 dollars thus my profit being 700dollars in quartly..some of the profits i contribute through giving back to the society e.g visiting childrens homes and helping where i can .By the help of the previous loan i have been able to increase the number of chicks i rear to 2000 chicks which i decided to rear them in intervals of 1000chicks after every 2 weeks.now i have finished selling my first lot while the second one is 2weeks which will be ready for sale in next three weeks due to climate change a few to an amount of 30 chicks did not survive thus the total chicks being 1070 inclusive the 2 chicks that are added per box... my profit of clothes has been dormant this is because other pandemic that has occurred this year due to national curfews and Closing of wholesale and retail shops,hence have had time to concentrate on my line of business of rearing broiler chicken.during this Corona pandemic farmers were afraid of rearing chicken due to uncertainty of things so I took advantage of rather a risk and increased chicks from 1400 chicks 2000, which I reared in 2 intervals ,this really boosted me since there were the market was short of chicken
so the demand was high.. the profit of one chicken has increased from 0.90 dollars to 1dollar this because of the decrease of the feeds so that brings the profit being 1000 dollars of the first lot,and same case to the second lot,,part of the profits i contribute through giving back to the society e.g visiting childrens homes and helping where i can,,am also involved in several youth groups where we contribute a certain amount and kept for savings..i also support my grandparents who stay in rural areas to farm coffee..

Loan Proposal

Due to the changing of technology I have done my research by the help of a freind that electronics such as mobile phones are fast moving so by the help of this loan am planning to open an electronic which will be dealing with mobile phones and accessories,and televisions..i'll rent a shop worth 90.13 dollars ...and also below is table of things I'll purchase in US dollars
ITEM PIECES COST TOTAL COST INFINIX HOT8 2 63.09 126.182
INFINIXHOT9 2 72.10 144.208
TECNOSPARK 4 3 58.58 175.754
HUAWEI Y5 4 45.07 180.260
TECNOPOP 3 5 27.04 135.195
CAMON 15 2 81.11 162.234
HUAWEI Y7 3 58.58 175.754
NOKIA 105 10 4.51 45.07

I'll also add phone accessories such as earphones ,screen protector worth 180.260 dollars,I'll also purchase 2 ,32 inches smart televisions worth 72.10 dollars each total being144.2 and 3,43 inch smart televisions worth 135.20 dollars total being 405.6 dollars thus the total being 1965.03 dollars..

Income Source

Since am starting anew business the other businesses i own that's is poultry, clothing will pay for this loan for about 3 months and also grow the electronic business incase of anything it will require

Feedback

2

None

None

  • Ben Bellows    Sep 8, 2016

    Congratulations on a successful business!

    Log in to reply • Share
  • howard    Jun 19, 2015

    Thank you, Rahab, for your excellent repayments.

    Log in to reply • Share
    • Rahab Nyambura    Jun 22, 2015

      thank you too howard it is by the grace of God have made it and with great determination.

      Log in to reply • Share
      • Rahab Nyambura    Jun 23, 2015

        thank you to the lenders who have contributed to my loan i wish to ask more lenders to contribute so that i can proceed with the project and for sure i wont let you down...thank you and be blessed

        Log in to reply • Share


Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$1,937.08

Date disbursed

Dec 19, 2020

Repayment status

On Time

Projected term

8 months

Cost to entrepreneur

Service fee: 10% of $1,937.08 = $193.70

Credit risk payment: $290.56

Lenders

A

Anninymouse

Southampton, United Kingdom

neffe

Berlin, Germany

J

johan

Oslo, Norway

TG

The Gwarden

Göteborg, Sweden

K

Krokslatt

Mölndal, Sweden

W

Windsor

Calgary AB, Canada

jesuisneil

MATTESON, United States

AltruisticSelfishnes

Chicago, United States

D

drjofleming

UK, United Kingdom

lietu

Tallinn, Estonia

Hope2012

United Kingdom

J

Jorgetmorais

Vila Nova de Gaia, Portugal

Charmonica

London, United Kingdom

S

sersub

San Diego, United States

F

FHult

Stockholm, Sweden

L

ldron7

Utah, United States

J

Johnrock702

Saint Augustine, United States

U

uovobw

Reggio Emilia, Italy

J

jdhowa2

Louisville, KY, United States

B

Bavarian

Bavaria, Germany

HE

help each other

Glasgow, United Kingdom

C

chrisherron

Chicago, United States

T

tonilends

catalonia is not:, Spain

J

Jaslogic

Castle Rock, United States

Sundstroms

Falun, Sweden

E

explosionsky

Brooklyn, United States

D

Divergent

Bethesda, United States

Cloudways

Malta, Malta

lorello

Vicopisano, Italy

E

Elisabet

Stockholm, Sweden

T

tuttifrutti

tulare, United States

ads68

Melbourne, Australia

Christopher

Copenhagen, Denmark

Bruno

São Paulo, Brazil

JC

Jordi Cohen

New York, NY, United States

K

kikusin

Shanghai, China

Richard100

Santa Ana, United States

A

amish

San Francisco, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

D

Don100

Wilton, United States

S

Somniferum

Ontario, Canada

Stefano Bertolo

Luxembourg, Luxembourg

H

HobbyCollector

Beach City, United States

A

anagnan

BRUXELLES, Belgium

L

Leonora

TÄBY, Sweden

P

Pavane

Kungsbacka, Sweden

S

Spelbreker

Zwijnaarde, Belgium

O

Ohio

Ohio, United States

Lambie

Perth, Australia

JonB

London, United Kingdom

S

seikatsu

Palo Alto, CA, United States

90803

Long Beach, United States

ibc123

Seattle, United States

M

Madone52

Brisbane, Australia

DJBic

Clinton, United States

HealthcareProvider

Baltimore, United States

Freewolf

Salt Lake City, United States

L

Lennert

Alphen aan den Rijn, Netherlands

mikeice

Kohler, United States

A

akshu71

Ottawa, Canada

G

guiambros

United States

M

meric

Australia

BuckeyeBob

Ohio, United States

bb4dogs

United States

AltruismUSA

Los Angeles, Ca, United States

M

Mj11991

Cleveland, United States

johnhudson

Washington, DC, United States

B

bscent

Hong Kong

Vesa

Helsinki, Finland

J

Jimbo

United States

utdream

United States

Dave

Ede, Netherlands

PolarBearCapital

United States

T

Tony1

Australia

DF

Dennis Furr

United Kingdom

SE

Sven E

Mannheim, Germany

Jeroen Decock

Gent, Belgium

Dave Bogard

New York, United States

Cassian Opara

London / Dubai, United Arab Emirates

Craig

Memphis, TN, United States

E

erica

antwerpen, Belgium

AT

avni trivedi

United Kingdom

moursund

Beaver Nation, United States

Kevin

San Francisco, United States

JC

JD Conley

United States

I

Ian

United Kingdom

Maren Robison

Seattle, United States

C

cota

United States

TH

tom hd

United Kingdom

MR

Michiel Rauws

San Francisco, Netherlands

F

Frits

Rotterdam, Netherlands

Diego

Monza, Italy

R

Ryan

United States

Thomas

Sweden, Sweden

Tam Thao Nathan

United States

P

Phips

Switzerland

C

Cora

Switzerland

M

Michele

United States

Sinan Taifour

Munich, Germany, Germany

MC

Mark Cowburn

United States

Ren

Minneapolis/StPaul, United States

S

Suzannah

New York City, United States

Angi

Germany

PW

Patrick White

Albuquerque, NM, United States

D

Dalton

San Francisco, United States

CP

Colin Pardue

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

RA

Ravel Antunes

United States

Darren Jeppson

Denver, Colorado, United States

PB

Powered by me

European Union, Netherlands

RD

Roel De Meester

Antwerpen, Belgium

AM

Andy Marston

United Kingdom

Claire Lewis

Wales Uk, United Kingdom

AA

Andrew and Kim

Nashville, TN, United States

PA

Peter A

New York City, United States

Elizabeth

Australia

SB

Stephen B

United States

Matt Weight

Los Angeles, United States

Sharon Giardina

Sydney, Australia, Australia

dave2319

United Kingdom

R

Rose

United States

DY

David Yang

Vancouver, Canada

Richard Paulin

Melbourne, Australia

A

Andy

United States

Rob Williams

Halifax, Canada

Peter Morse

Amesbury, MA, United States

MH

Matt Hodges

United Kingdom

Marcelo De Polli

São Paulo, Brazil

CH

Christian Holck

United Kingdom

FN

frank nunn

United Kingdom

Alisha Gallini

United States

MO

Markus Oma

United States

CJ

Chloe Jensen

United States

TD

Tim Duthie

United Kingdom

JK

Janardan Kelkar

Atlanta, United States

Nick Studenski

Minneapolis, United States

Remo

Switzerland

DO

Denis Ontiveros

Guildford, United Kingdom

Joshi

United States

L

Lisa

United States

S

Stephan

Switzerland

Andrew

United States

JV

Javier Vicente

Sarriguren, Spain

R

Roman

Germany

NB

Nikolaus Bührer

Karlsruhe, Germany

Angela Chu

Toronto, Canada

Zimei

United States

KV

Kelly Vinsant

United States

J

John

Minneapolis, United States

AN

Alex N

Australia

MJ

Myles Johnson

United States

Sayuri

United Kingdom

J

John

Germany

L

Leigh

Australia

EG

Erik G

Switzerland

SF

Snow Family

United States

E

Ed

Colombia

CG

Chris Greene

Birmingham, AL, United States

Vincent Strangio

Pittsburgh, PA, United States

TN

Toby Nelson

United States

F

Fonz

United States

T

Tony

United Kingdom

B

Ben

United Kingdom

A

Amelia

United Kingdom

A

Antonia

United Kingdom

P

Purity

United Kingdom

eric

Switzerland

J

Jonah

United Kingdom

LJ

Lovet john

United Kingdom

amelia

United Kingdom

JG

Jux grey

United Kingdom

RV

Roman virgo

United Kingdom

C

Christopher

United Kingdom

SJ

Shadrac James

United Kingdom

LF

Leo ferd

United Kingdom

DD

Dishon dulo

United Kingdom

J

Jefferson

United Kingdom

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

Loading...

Loading...

Loading...