Phones & laptop computer

Obedi

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Obedi

Member since

November 2016

On-time repayments

28 installments  •  43%

About Me

Am passionate entrepreneur with smartphones and technology because they make work easier, and have revolutionized how we impact lives in this digital age. Am imaging a mother in rural set up can access a mobile loan or can communicatetoanyonewho can help across the globe and save her family, it just amazes and inspires me . For this reason i love technology related business most.

Since my childhood as has been having an enterprenuer's mindset seeking more freedom and ability to impact and inspire others. this what keeps me going despite challenges of entrepreneurship.

Therefore, in business, I look forward for tough challenges as learning experience to be better tomorrow. I live technology related business since first year in university to day. Today, i have managed to open 3 small branches that are customer service points in Nairobi, Nakuru and Kisii and employed 6 staffs permanent and 30-60 affiliates earning commission. Have fallen severally, but God enabledme to raise up again and this the wealthy of experience that i got to motivate me expand my horizons. This far I thank God, Equity bank & friends.

My Family and children cant forget them for supporting me in the entrepreneurial journey. While free,my hobbies include nature walk, read and watch technology and business content; swimming.

My goal: To provide opportunity and jobs to 20-50 people and generate additional income to more than 10 million people in Kenya that lives below a dollar through affordable smartphones (that osts $20-$45) supplies & iChurch "Connect, Worship & Earn" web application by 2020. Join me in making this areality

My Business

Business:
My business involves selling and distribution of smartphones to deliver digital experience to population and its related benefits and newly created iChurch web application that bridges communication gap between Churches and its members as well as making church members generate income through integrated offer walls.

Statistically;
Sales of Smartphones of average revenues of $900 per month. that is projected to grow to $2500 per month by 2017.
iChurch online web app "Connect, Worship & Earn" - starting but has generated $250 per last 2 months from - upgrade fees, bulky sms and Offerwall ads view. revenues are projected to grow to $1000 per month in 2017.

Revenues are utilized for business operations, staffs welfare, my family expenses and support of community.

Loan Proposal

Buy phones at $12 and retail at $20 profit of $7 less expenses
This adds value to my business and enable poor rural population affordable access to communication and information to improve their livelihood by enhanced connection.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$257.00

Date disbursed

Dec 3, 2016

Repayment status

On Time

Projected term

3 months

Other loans

Lenders

Paul Buchheit

Mountain View, United States

Ask Obedi 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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