Purchasing power cables for my electronic shop

Dennis

Thika, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Dennis

Member since

January 2015

On-time repayments

58 installments • 55%

About Me

I am denis ngowi aged 21years old. i come from a village in central province where agriculture is the main economic activity but i moved out from my parents home to look for employnent but in vain so i decided to start my own small electronics shop. I now live in Runda estate in Thika Kiambu County.The shop has been in existence for almost one ye
ar now and it has been paying my bills and sometimes sparing some to send home to help my siblings.

My Business

I sell electronics at Thika town next to kasmat supermarket opposite Kenya commercial bank. Thika is a fast growing town and hence there is a high demand for electronics. Competition is high as there are other electronic shops but I have managed to thrive as a result of quality good s and good customer relationship. This business generates between USD 150 to USD 250 per month which I use to add stock to the business.zidisha loan will help me add to the little money i have and add stock to my business.

Loan Proposal

Thankyou so much for the previous loan which i was able to repay early as my business went on smoothly.The loan was really helpful to me.
hopefully if my second loan gets funded i will use the money to purchase extension power cables for my electronic shop .Each power cable costs around USD 5- 6.Am planning to buy 17 pieces of which am planning to use 2 of them to power my display tv's and sell the rest at a profit.
much of the profit will go back towards expanding my business,repaying the loan and i will use the rest to pay for my bills.I will really appreciate your support.