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.
Feedback
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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
Lenders
Summary
Amount repaid
$0.00
Amount remaining
$257.65
Expected completion
Sep 22, 2018
Status
Repaying late
Installment amount
$3.02
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 4, 2017 | $3.02 | ||
| Feb 11, 2017 | $3.02 | ||
| Feb 18, 2017 | $3.02 | ||
| Feb 25, 2017 | $3.02 | ||
| Mar 4, 2017 | $3.02 | ||
| Mar 11, 2017 | $3.02 | ||
| Mar 18, 2017 | $3.02 | ||
| Mar 25, 2017 | $3.02 | ||
| Apr 1, 2017 | $3.02 | ||
| Apr 8, 2017 | $3.02 | ||
| Apr 15, 2017 | $3.02 | ||
| Apr 22, 2017 | $3.02 | ||
| Apr 29, 2017 | $3.02 | ||
| May 6, 2017 | $3.02 | ||
| May 13, 2017 | $3.02 | ||
| May 20, 2017 | $3.02 | ||
| May 27, 2017 | $3.02 | ||
| Jun 3, 2017 | $3.02 | ||
| Jun 10, 2017 | $3.02 | ||
| Jun 17, 2017 | $3.02 | ||
| Jun 24, 2017 | $3.02 | ||
| Jul 1, 2017 | $3.02 | ||
| Jul 8, 2017 | $3.02 | ||
| Jul 15, 2017 | $3.02 | ||
| Jul 22, 2017 | $3.02 | ||
| Jul 29, 2017 | $3.02 | ||
| Aug 5, 2017 | $3.02 | ||
| Aug 12, 2017 | $3.02 | ||
| Aug 19, 2017 | $3.02 | ||
| Aug 26, 2017 | $3.02 | ||
| Sep 2, 2017 | $3.02 | ||
| Sep 9, 2017 | $3.02 | ||
| Sep 16, 2017 | $3.02 | ||
| Sep 23, 2017 | $3.02 | ||
| Sep 30, 2017 | $3.02 | ||
| Oct 7, 2017 | $3.02 | ||
| Oct 14, 2017 | $3.02 | ||
| Oct 21, 2017 | $3.02 | ||
| Oct 28, 2017 | $3.02 | ||
| Nov 4, 2017 | $3.02 | ||
| Nov 11, 2017 | $3.02 | ||
| Nov 18, 2017 | $3.02 | ||
| Nov 25, 2017 | $3.02 | ||
| Dec 2, 2017 | $3.02 | ||
| Dec 9, 2017 | $3.02 | ||
| Dec 16, 2017 | $3.02 | ||
| Dec 23, 2017 | $3.02 | ||
| Dec 30, 2017 | $3.02 | ||
| Jan 6, 2018 | $3.02 | ||
| Jan 13, 2018 | $3.02 | ||
| Jan 20, 2018 | $3.02 | ||
| Jan 27, 2018 | $3.02 | ||
| Feb 3, 2018 | $3.02 | ||
| Feb 10, 2018 | $3.02 | ||
| Feb 17, 2018 | $3.02 | ||
| Feb 24, 2018 | $3.02 | ||
| Mar 3, 2018 | $3.02 | ||
| Mar 10, 2018 | $3.02 | ||
| Mar 17, 2018 | $3.02 | ||
| Mar 24, 2018 | $3.02 | ||
| Mar 31, 2018 | $3.02 | ||
| Apr 7, 2018 | $3.02 | ||
| Apr 14, 2018 | $3.02 | ||
| Apr 21, 2018 | $3.02 | ||
| Apr 28, 2018 | $3.02 | ||
| May 5, 2018 | $3.02 | ||
| May 12, 2018 | $3.02 | ||
| May 19, 2018 | $3.02 | ||
| May 26, 2018 | $3.02 | ||
| Jun 2, 2018 | $3.02 | ||
| Jun 9, 2018 | $3.02 | ||
| Jun 16, 2018 | $3.02 | ||
| Jun 23, 2018 | $3.02 | ||
| Jun 30, 2018 | $3.02 | ||
| Jul 7, 2018 | $3.02 | ||
| Jul 14, 2018 | $3.02 | ||
| Jul 21, 2018 | $3.02 | ||
| Jul 28, 2018 | $3.02 | ||
| Aug 4, 2018 | $3.02 | ||
| Aug 11, 2018 | $3.02 | ||
| Aug 18, 2018 | $3.02 | ||
| Aug 25, 2018 | $3.02 | ||
| Sep 1, 2018 | $3.02 | ||
| Sep 8, 2018 | $3.02 | ||
| Sep 15, 2018 | $3.02 | ||
| Sep 22, 2018 | $0.79 | ||
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