Anthony
Kayole, Embakasi,nairobi, Kenya
100% repaid
Name
Anthony
Member since
March 2016
On-time repayments
236 installments • 66%
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.
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
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.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$604.00
Date disbursed
Jul 7, 2018
Repayment status
On Time
Projected term
4 months
Other loans
Amount repaid
$604.44
Amount remaining
$0.00
Date repaid
Nov 10, 2018
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jul 14, 2018 | $29.56 | Jul 14, 2018 | $29.56 |
Jul 21, 2018 | $29.56 | Jul 21, 2018 | $29.56 |
Jul 28, 2018 | $29.56 | Jul 28, 2018 | $29.56 |
Aug 4, 2018 | $29.56 | Aug 4, 2018 | $29.56 |
Aug 11, 2018 | $39.42 | Aug 11, 2018 | $39.42 |
Aug 18, 2018 | $39.42 | Aug 18, 2018 | $39.42 |
Aug 25, 2018 | $39.42 | Aug 25, 2018 | $39.42 |
Sep 1, 2018 | $39.42 | Sep 1, 2018 | $39.42 |
Sep 8, 2018 | $39.42 | Sep 8, 2018 | $39.42 |
Sep 15, 2018 | $39.42 | Sep 15, 2018 | $39.42 |
Sep 22, 2018 | $39.42 | Sep 22, 2018 | $39.42 |
Sep 29, 2018 | $39.42 | Sep 29, 2018 | $39.42 |
Oct 6, 2018 | $29.56 | Oct 6, 2018 | $29.56 |
Oct 13, 2018 | $29.56 | Oct 13, 2018 | $29.56 |
Oct 20, 2018 | $29.56 | Oct 20, 2018 | $29.56 |
Oct 27, 2018 | $29.56 | Oct 27, 2018 | $29.56 |
Nov 3, 2018 | $29.56 | Nov 3, 2018 | $29.56 |
Nov 10, 2018 | $23.04 | Nov 10, 2018 | $23.04 |
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