Phone batteries and earphones

Kamau

Meru, Kenya

10% repaid

Entrepreneur

Name

Kamau

Member since

February 2016

On-time repayments

124 installments  •  22%

About Me

My life is full of happy childhood memories and also painfull moments that i can never forget. As a normal kenyan child,i used to play with friends both at home and the mixed public primary school where i schooled. At times we would go swimming and fishing in the nearby river and enjoy the beautiful sorrounding environment.

At times i would forget to do a certain house chore and this was hell with my mother's wrath. These are the painfull situations that i normaly could not take kindly as i so much feared the "cane."

After high school i got to work for at my uncle's textiles business and this is where i perfected my business skills. I love reading novels,hiking and spend alot of my free time on my blog.

My Business

During the day i operate my m-pesa and electronics business. Am also a professional freelance writer,blogger,English to Swahili translator,audio and video transcriptionist and affiliate marketer both of which i operate during my free time especially at night.

I chose this kind of business model as i am naturally into computers,the internet and also have a passion in writing and sharing ideas.

I plough back some of the profits i make into my businesses,also invest in researching new ideas relevant with the current market and the rest i use to improve my living stardands.

Loan Proposal

As a result of business growth,i intend to use the loan to add more phone batteries and earphones to my electronics business.Due to the growing demand of phone batteries,i intend to buy 40 phone batteries(nokia-which are common for many phones) at $2.5 each and sell at $3.5 each.Since i will make profit of $1 per every sale,it will boost my business as i will use the profit to add more fast moving goods like earphones thus growing my business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Oct 9, 2016

Repayment status

Late

Projected term

22 months

Other loans

Lenders

Matching Fund

Sterling, United States

Ren

Minneapolis/StPaul, United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

V

VJ

Canberra, Australia

A

Anonymous

United States

A

Anonymous

United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

Bryce Bow

Bloomington, In, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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

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