Loan for purchasing modern-age digital products to resell
Kevin
Nairobi, Kenya
$0 to go
100% funded of $258 goal
0
days left
Entrepreneur
Name
Kevin
Member since
November 2016
On-time repayments
86 installments • 0%
About Me
I am Kevin, born and raised in Nairobi. I went to school at muthangari primary later my o levels at upper hill high school. I took my diploma in Business management at universal group of colleges,due to lack of employment I talked to my father about starting my own business.
My father lent me 10000 to start with and I began by purchasing small commodities,and by saving of the little profit I got and the high demand of more commodities I managed to buy more goods to be available for of my customers
My Business
My business sells home supplies like refrigerators, gas cookers, ovens, microwaves, televisions,tv recorders,etc. I chose this kind of business due to the demand because our country contains 80% of youths who most of them long to begin their own lives especially after completing college therefore needing home supplies.
My costs include paying rent of 8500 monthly and paying my two assistants 7000 each. On tax we normally pay 4000 annually. On a good day we make 15000 and we call it a bad day when we have 7000. I have a five year old son who is nursery school and am part time taking my degree course in business management. This cash will help me add to my stock on goods that have been on demand of late.
Loan Proposal
Due to demand on digital products,i will purchase new products such as digital Tv,radios,fridge and more depending on my budget,this will boost my business as my sales will increase and also keep my customers on modern living as most of them are shifting to digital products.
About Me
Am kevin,born and raised in Nairobi. Went to school at muthangari primary later my o levels at upper hill high school. Took my diploma in Business management at universal group of colleges,due to lack of employment i talked to my father about starting my own business.
My father lent me 10000 to start with and i began by purchasing small commodities,and by saving of the little profit i got and the high demand of more commodities i managed to buy more goods to the avail of my customers
My Business
My business is about home supplies like fridge,gas,cookers,oven,microwaves,televisions,tv decorders,etc.chose this kind of business due to the demand because our country contain 80% of youths who most of them long to begin there own lives especially after completing college therefore need for home supplies arises.
My costs include paying rent of 8500 monthly and paying my two assistants 7000 each. On tax we normally pay 4000 annually.on a good day we make 15000 and we call it a bad day when we have 7000. I have a five year old son who is nursery school and partime taking my degree course in business management. This cash will help me add to my stock on goods that have been on demand of late.
Loan Proposal
Due to demand on digital products,i will purchase new products such as digital Tv,radios,fridge and more depending on my budget,this will boost my business as my sales will increase and also keep my customers on modern living as most of them are shifting to digital products.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$258.00
Date disbursed
Jan 27, 2017
Repayment status
Late
Projected term
20 months
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