Purchasing stock of smartphones

Simon Kuria

Thika, Kenya

27% repaid

Entrepreneur

Name

Simon Kuria

Member since

August 2015

On-time repayments

89 installments  •  80%

About Me

Hallo,i'm Simon kuria from Kenya iam 27 yrs,iam not married,I stay in Thika town starehe estate.I'm raised from a very humble family where i'v 5 siblings and iam the last born in our family.I started casual labour works at rural home after my secondary school where by i was paid ten dollars per month and with my little savings I managed to safe some money and payed a course at my friends workshop of mobile phone repair and after hardwork he employed me.After working for three years I managed to open my own shop in Thika town where by I started phone repairs,and accessories which I have planned to expand if I can get money from any source.

My Business

in my business,i offer mobile phone services and repair,I choose this service to people because in my town most people are less fortunate and when their phone developed a problem not all manage to buy new ones so most prefer to repair the one they have according to their finance capability.
I also sell mobile phone accessories where i buy my stock at wholesale price in capital city Direct from wholesalers at cheap price which enables me to sell them at a reasonable price which makes my customers love my work because of my good price I offer.
The reason why I choosed this kind of job is the town is highly populated and almost everyone owns a mobile phone and according to my experience and skills.
After my monthly transaction balance,i take some of my profit to buy foodstuffs for my parents,and sometimes I visit orphan children's home which are very many in this town.
I will appreciate zidisha loan since it will improve my business in terms of stock and hence help me meet the rising demand of my customers.

Loan Proposal

Dear lenders,thank you for continue support,care and generosity.I am greatful and thankful.
My business has grown and its doing very well due to increased stock which you have enhanced me through your kindness,My profit has grown up to 48% which is very good and acceptable regarding to my country economy.My shop has stock for low and medium income earners where by I have managed to get many customers and added more stock including few smart phones because what I have learned with the few smart phones I have added at my business I have seen if I can manage to add few most moving and marketable smart phones I can increase my profit since most people are now moving with technology.
Below is my proposal for few moving smart phones which I intend to buy if u can lend me again and I'm requesting you to fund me and help me to achieve my dreams.
1 PC Tecno mobile y2 @ 40$
1pc Samsung mobile J1mini @ 70$
1pc HTC mobile desire p @ 75$
1pc itel mobile 1508 @ 55$
1pc Lumia mobile 532 @70$
1pc huawei mobile [email protected] 45$
1pc Infinnix mobile [email protected] 70$.
The remaining 23$,will cater for transport and delivery.
With the above stock at my business,my profit will rise up to 56%,and I will manage to employ one information and technology employee who will be attending to customers who are purchasing smart phones.
Dear lenders and zidisha team,please fund my proposed project and I promise to be faithful and truthful in repaying money back.Thankyou and God bless you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$452.00

Date disbursed

Sep 11, 2016

Repayment status

Late

Projected term

86 months

Cost to entrepreneur

Service fee: $19.56

Lenders

N

nonnenore

Cashiers, NC, United States

BrassHat

Boston, United States

AltruisticSelfishnes

Chicago, United States

S

SeeBiscuit

Reston, United States

COOPITALIST

Toronto, Canada

S

Simmo

Sydney, Australia

S

stroll

Stockholm, Sweden

Scott

Oregon, United States

sarasofia

Stockholm, Sweden

johnandmoliehi

Canton, New York, United States

Zidisha

Sterling, United States

MienDeGraeve

Ouagadougou, Burkina Faso

Catherine68

Boyle, Ireland

Tavin

Ottawa, Canada

A

anonymous123

United States

J

JandC

Watsonville, United States

Cloudways

Malta, Malta

J

JoeSolar

Virginia, United States

mtnsailor

Harrisonburg, United States

hannele

Kovero, Finland

C

Charlotte

Charlotte, United States

S

spesalvi

Houston, United States

G

GrandmaMae

Wausau, United States

nakamura

United States

rhagen

New York, United States

Bobrm2k3

Charleston, United States

W

willemsenphilippe

Edegem, Belgium

Z

zedoud

Hamburg, Germany

A

Andrii

Kiev, Ukraine

G

greendave

Manchester, United Kingdom

H

HobbyCollector

Beach City, United States

D

DavidJSmu

North Attleboro, MA, United States

Hank

Göteborg, Sweden

stever

Cape Coral, United States

B

BMcDermott

Washington, DC, United States

Jamesaubrey

Norman, United States

M

Mystery15

Winnipeg, Canada

A

axienjii

Amsterdam, United Kingdom

Matching Fund

Sterling, United States

C

chrishol

United States

N

nycjen

United States

P

PietjeP

Eindhoven, Netherlands

M

misaheat

United States

D

Donh419

United States

I

ianmc

United States

Bivouac

Hillsboro, United States

G

gerard

Netherlands

F

FSO

Canada

Landerson

Edinburgh, United Kingdom

B

bugdaniel

Switzerland

R

retzroff

United States

K

Kber9156

North Parramatta, Australia

Buzzel

Frankfurt, Germany

T

Tim47

United States

M

Medagan

San Franciso, United States

K

kennychit

United States

Otto Barten

Amsterdam, Netherlands

B

Bennphoto

United Kingdom

N

Nicolaas

Doha, Qatar

D

ddm08

United States

adrianz

United States

NathanMoore

United States

M

MicroLender53

United States

P

pnrjulius

United States

J

jowde

Germany

reluck

Marseille, France, France

Kyle Hoback

Jersey City, NJ, United States

R

ross22

United States

A

andreab

United States

J

jamdal

Australia

D

djlayton4

United States

HL

Holly Laird

Austin, United States

KM

KHS Microfinance

Tampa, United States

SK

Sebastian Krohn

Amsterdam, Netherlands

Nigel Titley

Milton Keynes, United Kingdom

B

Berrin

Stuttgart, Germany

Frank Termathe

Frankfurt Main, Germany

M

Marcus86257

United States

A

AER

Germany

FATman

Frankfurt, Germany

M

monty

Australia

Elias

Ulm, Germany

K

kelsey

United States

DC

Dennis Comeau

United States

H

Hazel

United Kingdom

Elly

Woudrichem, United Kingdom

H

Hank

New Zealand

PP

Pasi Paajanen

Helsinki, Finland

Kristina Speed

Seattle, WA, United States

The Bayiates Family

Chicago, IL, United States

B

Beth

United States

V

Vantine

United States

E

erica

antwerpen, Belgium

CN

Cyprien Noel

United States

Matthias

Seattle, United States

JS

Johan Steen

Malmö, Sweden

T

Till

A small town in southwest of Germany., Germany

Julia

United States

HS

Harry Shulman

United States

C

cota

United States

George

Corvallis, Oregon, United States

Marcus M

San Antonio, Texas, United States

TH

tom hd

United Kingdom

Carla

Amsterdam, Netherlands

Framework Eyewear

Utrecht, Netherlands

OS

Omar Silas

United States

B

Brent

United States

DC

Dan Crosby

United States

P

Paul

Netherlands

Jeff Martin

Twin Lake, Michigan, United States

F

Frits

Rotterdam, Netherlands

D

Daniel

United States

PG

Paul Graham

United States

Mattie Shaw

Seattle, United States

P

patricio

Yorba Linda, Ca, United States

Mark Grey

Redding, CT, United States

AH

ajay hampapur

United States

TJ

Tovah Jordan

United States

Aran Dunlop

United States

RobLu

Michigan, United States

D

David

United States

KJ

Kevin Jones

United States

MG

Mike G

United States

WM

William Madden

Berlin, Germany

Paul Smithson

Leeds, United Kingdom

M

Mark

United States

CR

Christine Randall

Brisbane, Australia

S

Sean

Phoenix AZ, United States

T

Tucker

United States

AG

abel ghita

Bucharest, Romania, Italy

NR

Nick Rioux

United States

B

Bramlage

United States

K

kris

Belgium

MT

Marco Tietz

United States

SH

Steven Huntington

London, United Kingdom

Der Dooley

Dublin, Ireland

Dan Michael

Oslo, Norway

Thomas

Sweden, Sweden

DB

Daniel Bezerra

JABOTICABAL - SP - BRAZIL, Chile

AL

Aley Lira

Rio de Janeiro, Brazil

Ondrej Gutten

Prague, Czech Republic

Y

YTSJ

London, United Kingdom

Tam Thao Nathan

United States

D

Dermo

Dublin, Ireland

Ian Murray

Brisbane, Australia

TW

Tyler Wood

United States

Philip Schueler

Newbridge, Ireland, Ireland

metab

Estados Unidos, Hong Kong

Mr Chris Turner

Cambridge forever England, United Kingdom

KE

Karen Epolito

Syracuse, NY, United States

T

tonym

Australia

DJ

David Jones

United Kingdom

PD

Provincial Desk Jock

Aberdeen, Scotland, United Kingdom

D

danilg05

United Kingdom

H

Huub

Switzerland

I

isaac

United Kingdom

FA

Felipe Ardila

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

V

VJ

Canberra, Australia

A

Anonymous

United States

A

Anonymous

United States

A

Anonymous

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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