Retailing mobile phone accessories

Simon Njugu

Mukuyu, Murang'a, Kenya

100% repaid

Entrepreneur

Name

Simon Njugu

Member since

October 2013

On-time repayments

153 installments  •  29%

About Me

I am Simon Wambugu Njugu, a moblie technicial in mukuyu area in Muranga, I am a graduate of arts and have a lot of passion on mobile technology. I deal with mobile software repair and upgrading. i love my job as in this field there are no many specialist on computerized mobile repair. I also operate an Mpesa shop alongside the the phone repair. the mpesa helps to market my phone repair shop and the phone repair also markets the mpesa, therefore the two are interdependent. it is in this business that my wife works and we get enough income to sustain my family of two children and one wife. am determined to grow this business and expand it to other areas as well as training for unemployed youth.

My Business

I operate a mobile repair shop. i have specialized on software repair and have acquired two computers and flash boxes to help me improve on service delivery. this is the major business of the shop but on the sideline I also operate an Mpesa shop, under this I sell airtime, register lines, sell lines and some memory cards. I have a gross capital of about three hundred thousands which includes two laptop computers, two flash boxes and a mobile phone that the mpesa runs on. the there is market for my services as competition in the area is not stiff.I can afford to service a loan with up to 5000 per month as premium without compromising the current level of consumption

Loan Proposal

I really want to grow my business, the distance between me and my dream business is your loan. It is for this reason that an seeking for this loan to stock my business with variety of phone accessories. I have tried it with the previous loan you offered to me and it was a success, however i have not fully exploited the market and would like to use the the loan you will give me to ensure that i cover wider market.
I really thank you for your continuous support and look forward for a fruitful relationship. I will work hard to ensure that Zidisha and lenders are proud of my business and approach toward business development.

Kind Regards
Simon Njugu

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.07

Date disbursed

Apr 23, 2014

Repayment status

On Time

Projected term

9 months

Cost to entrepreneur

Lender interest: $150.07 at 0.47% annual rate over 9 months = $0.56

Service fee: $4.18

Lenders

J

jjonas

berlin, Germany

ads68

Melbourne, Australia

Cricketca

San Jose, United States

E

erlingre

Sør-Fron, Norway

Sarasota

Sarasota, Fl, United States

Lambie

Perth, Australia

A

Anonymous

United Kingdom

Bivouac

Hillsboro, United States

J

jpaduchak

United States

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Summary

Amount repaid

$156.75

Amount remaining

$0.00

Date repaid

Jan 21, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
May 2, 2014 $3.49 May 7, 2014 $3.49
May 9, 2014 $3.49 May 7, 2014 $2.39
May 23, 2014 $1.11
May 16, 2014 $3.49 May 23, 2014 $3.49
May 23, 2014 $3.49 May 23, 2014 $3.49
May 30, 2014 $3.49 May 23, 2014 $3.49
Jun 6, 2014 $3.49 May 23, 2014 $0.18
Jun 18, 2014 $3.32
Jun 13, 2014 $3.49 Jun 18, 2014 $2.33
Jul 4, 2014 $1.16
Jun 20, 2014 $3.49 Jul 4, 2014 $3.49
Jun 27, 2014 $3.49 Jul 4, 2014 $3.49
Jul 4, 2014 $3.49 Jul 4, 2014 $3.49
Jul 11, 2014 $3.49 Jul 16, 2014 $3.49
Jul 18, 2014 $3.49 Jul 16, 2014 $3.49
Jul 25, 2014 $3.49 Jul 16, 2014 $3.49
Aug 1, 2014 $3.49 Jul 16, 2014 $1.28
Aug 4, 2014 $2.21
Aug 8, 2014 $3.49 Aug 4, 2014 $3.49
Aug 15, 2014 $3.49 Aug 4, 2014 $3.49
Aug 22, 2014 $3.49 Aug 4, 2014 $2.56
Sep 10, 2014 $0.93
Aug 29, 2014 $3.49 Sep 10, 2014 $3.49
Sep 5, 2014 $3.49 Sep 10, 2014 $3.49
Sep 12, 2014 $3.49 Sep 10, 2014 $3.26
Oct 28, 2014 $0.24
Sep 19, 2014 $3.49 Oct 28, 2014 $3.49
Sep 26, 2014 $3.49 Oct 28, 2014 $3.49
Oct 3, 2014 $3.49 Oct 28, 2014 $3.49
Oct 10, 2014 $3.49 Oct 28, 2014 $3.49
Oct 17, 2014 $3.49 Oct 28, 2014 $3.49
Oct 24, 2014 $3.49 Oct 28, 2014 $3.49
Oct 31, 2014 $2.34 Oct 28, 2014 $2.33
Nov 4, 2014 $0.01
Nov 7, 2014 $0.00
Nov 14, 2014 $4.71 Nov 4, 2014 $4.71
Nov 21, 2014 $4.71 Nov 4, 2014 $4.71
Nov 28, 2014 $4.71 Nov 4, 2014 $4.71
Dec 5, 2014 $4.71 Nov 4, 2014 $3.52
Dec 28, 2014 $1.19
Dec 12, 2014 $4.71 Dec 28, 2014 $4.71
Dec 19, 2014 $4.71 Dec 28, 2014 $4.71
Dec 26, 2014 $4.71 Dec 28, 2014 $4.71
Jan 2, 2015 $4.71 Dec 28, 2014 $4.71
Jan 9, 2015 $4.71 Dec 28, 2014 $0.58
Jan 20, 2015 $4.13
Jan 16, 2015 $4.71 Jan 20, 2015 $4.71
Jan 23, 2015 $4.71 Jan 20, 2015 $4.71
Jan 30, 2015 $4.71 Jan 20, 2015 $4.71
Feb 6, 2015 $7.09 Jan 20, 2015 $5.28
Jan 21, 2015 $1.80

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