Purchasing more accessories stocks

Victor

Barnabas,nakuru Town, Kenya

100% repaid

Entrepreneur

Name

Victor

Member since

March 2015

On-time repayments

225 installments  •  22%

About Me

Hi! My name is Victor,I overcome hardships through proper planning,setting up achievable goals and sticking to a laid down execution techniques,I started my business after realization of a need in the society on communication, I am now building my brand around telecommunication industry,I come from a land full of cereal production, including maize,beans and many others,I love swimming and traveling across the country for both business and visiting friends and family.

My Business

I supply phone accessories including, phone sim cards,phone chargers,holsters,Screen protectors,phone cases,flip cases and wallets.these goods are in high demand and they change with time because new devices are being invented and developed regularly.

I use my profits to do re investments,business expansion and introduction of new range of products on the market.

The typical costs involve distribution costs,parcel sending and delivery costs,typical costs amount to $250, and revenue amounts to $700

The business accessories are sold to consumers through established retailers located across different market centers

Loan Proposal

The loan will be used to buy more stocks of phone accessories from various a manufacturers,this will in tern improve on profits generated from the sales

Income Source

Phone inventory has had no down time,restriction of has only been put on people but not human beings,I am still able to get goods wherever I am close courier services,demand for phone inventory is still high because most people Have decided to remain at Home hence interacting more with their devices

A good indication is on the side of Telcom companies like Safaricom and Airtel,these companies have experienced growth in their data/internet as people stay and work from home

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$99.00

Date disbursed

Jun 24, 2020

Repayment status

On Time

Projected term

1 week

Lenders

Black and White Zebra

Vancouver, Canada

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