Purchase of Huawei 3G modem

Shadrack

Magada, Kenya

100% repaid

Entrepreneur

Name

Shadrack

Member since

June 2016

On-time repayments

55 installments  •  25%

About Me

i am 23 years old dynamic and ready to start making my future. i completed high school a few years ago. we live in kibira one of the largest slum areas in Africa and i find the challenge of rising to fend for myself from there . after hgh school i now felt its time to go alone and stop depending on my parents who are so hard working to pay school fees for the 8 of my siblings behind me.

i have started a business where i work online . having done computers as a subject from form 1 to form four. i dint pass well enough to merit government scholarship and since there are many of us in the family i have opted to start business instead of struggling for money to go to college which is a lot here in kenya
basically i work on the internet from my small room .if i get good funding from zidisha i would like to expand and open an office

My Business

since my loan is basically starting me with a small anount my proposal for now is based wifi airtime for internet.
i work with compnies which sell second hand things mostly electronics
i mostly work on olx.co.ke where i check someone who needs sells lets say a television screen i negotiate and buy at a very low price then i sel to my friends mostly who are not ale to go online at a higher price. this busness can have a huge potential as there are many willing buyers who are either not internet literate or don't have money to go online r rather dont have online access
so my proposal for today will be just a loan to buy unlimited internet for 1000 kenya shillings this will allow me to source for many products online and resell them in the slum area.
the returns are always good they enable me to pay for my rent and food at least each week i can sell a product and have a balance of not less than 2 thousand
i equally want to buy things here in the slum area sell them online so generally its a small e commerce business
thanks for helping me to grow my funders

Loan Proposal

iam in the online sales business where i sell use items and buy others online for resell.
i have been using a wifi for hot spot. however the service was discontinued in our area and i need a modem to allow me go online the modem costs 20 us dollars so i am requesting for 10 dollars in order to supplement the amount that i have
thank you my lenders God bless cheers.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$10.00

Date disbursed

Sep 21, 2016

Repayment status

On Time

Projected term

2 months

Lenders

D

Dave

Dropmore, Manitoba, Canada

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

Loading...

Loading...

Loading...