Restocking and expanding the shop

Duke

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Duke

Member since

April 2017

On-time repayments

53 installments  •  11%

About Me

My name is Duke and I run an electrical and electronic Shop in Nairobi Kenya. I also offer repairs to customers when needed. I have been running the shop from way back on 2009 to date and now I want your support to expand further. Due to increased customer base I intend to move to a bigger shop so as to increase the stock to meet the clients demand.

My Business

I earn my income from sales. I also earn my income from repairs that I do. I have also started earning my income from contracts of electrical installations that have started coming up. I practice as a part time accountant and offer accounting services which earns me a return. this is because I am a certified public accountant and thus allowed to practice as one.

Loan Proposal

I will would like to buy two dozens of bulbs again which will cost five dollars a dozen. I also want to introduce bulb holders that will cost three dollars a dozen as part of the expansion plan. Due to the high demand I intend to double the stock because my shop is in a residential neighbourhood. I am glad to inform that customers have been amazed by my services to an extent of referring more customers to me

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$5.00

Date disbursed

May 6, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

PG

Paul Graham

United States

The Zinc Team

San Francisco, United States

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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