Restocking decoders and other electronics

Anthony

Kayole, Embakasi,nairobi, Kenya

100% repaid

Entrepreneur

Name

Anthony

Member since

March 2016

On-time repayments

236 installments  •  66%

About Me

i went to school at mukui primary in 1993 and dropped out in class seven due to lack of school fees. Then i was employed as garden helper for seven years up to 2008when i joined Fyko chemical company up to 2015 July when i was rendered jobless due to company retrenchment of employees.i used my hard earned savings to start a business in Tassia estate, Embakasi, Nairobi. While i was in FYKO chemicals company i used to visit a friend who does repair electronics and from him i acquired basic knowledge on electronics repair and maintenance.

My Business

I deal with general buying and selling of second hand goods ranging from electronics to furniture, house holds to office equipment, fridges coolers and many more. i also do Phone repair. i also have sound system for hire for small functions such as birthday parties, family meetings and other minor functions
basically my business i located in an area of lower class people who can rarely afford new products such as households and most prefer to buy used items as they are cheaper and are in good condition. I chose this business because i could start it with the small capital i had.
The only costs involved in this business are the county council license and Music Copyright Society of Kenya license because i deal with Audio visual systems. Others are electricity and water bills.
I use the profits realised for the upkeep of my family and plough back whatever remains after my expeses are catered to improve the business

Loan Proposal

I would like to buy more decoders for my business. Free to air decoders are more liked buy the clients in my area. I would like to buy more and stock. I will also buy second hand electronics like TV's and mobile phone spares to include expensive phones.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$604.00

Date disbursed

Jul 7, 2018

Repayment status

On Time

Projected term

4 months

Lenders

Cloudways

Malta, Malta

ads68

Melbourne, Australia

HCPSPIRIT

Helsinki, Finland

Paul Buchheit

Mountain View, United States

CH

Christian Holck

United Kingdom

KA

Kate and Tom

United States

Ask Anthony a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...