Purchase a surveyor's tripod stand

Martin

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Martin

Member since

September 2018

On-time repayments

17 installments  •  18%

About Me

I am a business person and also a surveyor with a diploma level. I live in Nairobi:Ngara and mainly deal with e-commerce.I have been in my line of business for more than eighteen months.I mainly deal with selling Tv's, mobile phones and mobile phone accessories and subwoofers.I currently do not have a loan and this is my second loan request.I need a loan in order to be able travel and upkeep myself as i conduct my levelling survey at upperhill Nairobi and also to promote my business in terms of sponsoring my products online and in deliveries.I make a monthly income of around 25,000 in career related job and 70,000+ in sales as profit. I have mainly ventured into Facebook, OLX and jumia but in future i intend to start my own website inorder to manage and sell my products.So far my business does not have much competition since the demand is high.I deal with well established brands such as sumsang, Nokia, Tecno, aucma, vitron, royal sound and offer an after sales services which include deliveries and warranty. I need my loan limit to grow so that i can be able to import a new bach of memory cards and flash disks to sell. This is a new venture that i want to deal in, that will give me huge profits as importing memory cards and flash disks then selling them give me an added advantage in the market as compared to other forms of purchasing my items.

My Business

I am a surveyor by proffession with a diploma level and currently employed at Kithinji surveyors and contractors firm in upperhill, Nairobi, Kenya.My business is mainly e-commerce related as i sell my products online. The main reason for selling my products online is due to the huge demand and deficit in the area. I mainly use various online platforms such as jumia, OLX and facebook. My business has grown over time and i have been able to increase my monthly income from 10,000 kenyan shillings monthly to a minimum of 70,000 kenyan shillings monthly. I have currently employed three employees whom i pay on part-time basis. Despite the earnings from my online sales, i also earn a monthly salary of 25,000 kenya shillings from my job as a surveyor which i have been employed now for nine months.

Loan Proposal

I will use the loan to add up to the savings that i have inorder to buy a surveyor's tripod stand.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$15.00

Date disbursed

Jun 9, 2019

Repayment status

On Time

Projected term

1 week

Lenders

MarktheMormon

Sandy, Utah, United States

V

Vince

Wagga Wagga, Australia

Sayuri

United Kingdom

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