Purchase of spare parts for electronic machine repairs

Joshua

Machakos, Kenya

94% repaid

Entrepreneur

Name

Joshua

Member since

January 2015

On-time repayments

6 installments  •  17%

About Me

I was born in machakos town in kenya.my growing up is remembered with nostalagia.as much as my my family did not have much to its name i had all the fun I would with my neighbor friends.i undertook my primary and secondary level education within my county and passed well.I always believed in a better future,that is what keeps me going.after high school I undertook a short course in electronics and after my completion my parents helped me start a small electronic shop since i had undertaken a small course in it.I love swimming,traveling and football.

My Business

I sell electronics which include televions,radios,speakers,even some electrical appliances such as sockets,wires,extensions,bulbs among others.I also offer repair services to this products at a cost.,most if not all households cannot do without electronics in the modern world and especially in a town,this creates alot of demand for the same and since most electronics develop problems due to some faults such as falling down they need to be repaired and i offer the service too.I chose this business because I had knowledge in it.In a month I spend about $555 and make a profit of $445.I use the profit to pay for my bills and save to further my education for a better tomorrow.

Loan Proposal

since i also do repairs for electronic gadgets such as televisions I will use the loan to buy spare parts so I can enhance and expand this section of my business,I can also resell at a profit and offer better services to my surrounding community.this will increase my profit by at least 18%thanks and hope my loan will be funded.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jan 30, 2015

Repayment status

Late

Projected term

6 weeks

Lenders

investor

Candiac, Canada

Zidisha

Sterling, United States

athomas

Chevy Chase, United States

Richard Griebe

La Jolla, United States

L

lobotommy

OSLO, Norway

T

thebonseung

Republic of Korea

D

drorm

United States

M

Michi

Switzerland

J

jamdal

Australia

Mike and Jacqui

United Kingdom

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  • Joshua    Apr 5, 2015

    Am so sorry dear lenders and my mentor.
    On Feb 4 2015, My dear mother got an accident and her back bone was seriously injured. I had to leave my business back and went home to ensure her social support as well as monitor her medication in a hospital near home village. Am the only child in my home and thus you can imagine how important this was.
    I thank God she is now recovering and discharged from hospital.
    Kindly I will clear my dues on feb 7 2015.
    Am sorry.

    Joshua

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  • Emmanuel    Apr 3, 2015

    Dear Lenders

    I managed to speak to Joshua, he said that he will pay the remainder of his loan after Easter.

    Regards

    Emmanuel

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  • Mike and Jacqui    Mar 21, 2015

    Hi Joshua,
    I hope your business is doing well.
    Please explain what the delay is in your repayments.
    Thank you.

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  • Joshua    Jan 30, 2015

    Lenders, thank you so much for making my loan a success! I will repay back on time.
    God bless you.
    JOSHUA KALALI.

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