Purchase of telephone cards for sale in wholesale

Elijah Ogutu

Utawala M.c Shopping Center, Kenya

22% repaid

Entrepreneur

Name

Elijah Ogutu

Member since

May 2013

On-time repayments

26 installments  •  50%

About Me

My names are Elijah Ogaya Ogutu I was born in Nyanza west Karachunyo in year 1993 and went to Jogo Primary School and later Joined St Peters Educational Center where I did my O level. after that I was employed by export processing Zone till 2006 where I decided to start my business where I opened a retail shop In Utawala MC near administration police post. I work very hard so that I my secure my future of my family and create a good foundation for my future family when I get married and have children. My main objectives is to succeed in business and let the sky be the limit I hope to expand my business to higher levels

My Business

I started my business after leaving formal employed where I was being paid a very small salary which could not sustain me for one month. The business of shop is doing well and I able to meet my daily expenses for my self and support my parents who lives up country. In the shop I sell all type of merchandise goods such as sugar,salt,sweets, milk, Telephone Airtime , cooking fats, white flour and maize flour, soaps, toothpastes , washing powders and many more . I make daily sales of Ksh 5000 and after paying for all the expense I remain with Ksh 500 as profit per day that s KSH 15,000 per month which is enough to pay for my basic needs such as food,clothing and house rent. I wish to request for a loan from Zidisha to make my business large as their is very high competition and I need to bring more product to my shop.

Loan Proposal

Dear lenders I wish to apply for a loan to support my business of selling mobile telephone Airtime, on whole sale. I will use the money from this loan to purchase of Airtime telephone cards worth USD 300 this will give me a profit of about USD 10 per day which will be enough for my own expenditure and pay back the loan on time. Kindly bid for my loan. Thanks

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$321.93

Date disbursed

Jun 24, 2014

Repayment status

Late

Projected term

3 months

Cost to entrepreneur

Lender interest: $321.93 at 9.61% annual rate over 3 months = $8.33

Service fee: $3.10

Lenders

J

jjonas

berlin, Germany

Cloudways

Malta, Malta

D

Dadiolafs

Vestmannaeyjar, Iceland

T

the0bauman

Hillsboro, United States

ads68

Melbourne, Australia

R

ramlax

Kalamazoo, United States

M

mkellerman

Shanghai, China

Hedwich

Gorssel, Netherlands

gseletko

South Perth, Australia

Sarasota

Sarasota, Fl, United States

Matthieu

Switzerland, France

markpearson

Portsmouth, United Kingdom

kalidanthepalidan

Denver, United States

H

Haavard

Bergen, Norway

G

GanSatya

United States

pvilliger

Zurich, Switzerland

Matching Fund

Sterling, United States

larry

Sweden

Vesa

Helsinki, Finland

Leonardia

Waddinxveen, Netherlands

pixelsebi

Berlin, Germany

Loungin

United States

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