Purchasing phone accessories

Fredrick

Luanda, Kenya

15% repaid

Entrepreneur

Name

Fredrick

Member since

October 2016

On-time repayments

29 installments  •  48%

About Me

I come from a humble family in Siaya County, Gem Sub-county around Uranga Village. after completing my form 4 and there was no college fees, I opted to go to nearby by Town called Luanda to start a new life. at first I met someone by the name Henry Gosho who had a cyber and Mpesa running together. after a lenghty talk, he agreed to employ me as an Mpesa agent. I worked there for almost 2 years trying to raise some capital so that I can start my own business.After raising somthing like 30, 000, I went home and sold a piece of land which enabled me to raise 80,000. I used that money to buy some computers and copier machines which made me to start my own cyber cafe and now am moving in the right direction.

My Business

I deal in computer services, photocopy, scanning, internet services, binding passport photo size, laminations.
I also sells thing like, envelopes, blanc cds, dvd cases and many more.
Am opperating next to a school and this provide ready market for the services I do. Since childhood have being longing to be a computer litrate and though my business it has made me to be what I wanted to be. My profit is reinvested in the business and others are used to pay my siblings school fees.

Loan Proposal

I will buy phone accessories for my shop, which can cost 3000 KSH, Being that I operate cyber and there is a space in my shop which can accommodate some phone accessories and this will increase my sell and profit and will give my customers easy time in accessing my services.

Am expecting an increase of 20% in my income per day.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$32.00

Date disbursed

Feb 22, 2017

Repayment status

Late

Projected term

3 months

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  • Caroline    May 6, 2017

    Talked to him and advised him to reduce installment amount so that he can pay comfortably which he promised to do.

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  • Edwin    Mar 30, 2017

    I have talked to Fredrick and he told me that he had a problem and now he has sorted it out and will be paying his loan overdue this weekend without fail. Thank you and much sorry for the inconvenience caused.

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  • Mary    Feb 21, 2017

    Hi Fredrick, Congratulations on your loan being fully funded. Zidisha is a wonderful tool when used correctly to help expand businesses. It sounds like you have the necessary skills to become a great businessman. Please keep your lenders updated as to the successes and challenges of starting and running a business in your part of the world. Regards, Mary

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  • Fredrick    Feb 19, 2017

    I will use the loan to purchase phone accessories to add on already available stock.
    This will help me increase my daily earnings and also improve my livings standards due to increase in earnings.
    I thank all my lenders for great job they have done.

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  • Fredrick    Jan 14, 2017

    Am greatful for the financial support that zidisha team gave me, the challeng i got was more of insecurity which led to my down fall after being robbed my machines so it was a bit tricky in repaying the loan however am geting back on my feet after the downfall. Thank you so much zidisha team for your assistance and still looking forwad to working with you people and your support is highly appreciated

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  • Fredrick    Oct 6, 2016

    TRhank you very for funding my loan, I will use the money to buy lamination papers so that I can complete the tender I got from a nearby school of making their school Ids. Once again I say thank you.

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