Selling second-hand mobile phones

Rodgers

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Rodgers

Member since

March 2017

On-time repayments

85 installments  •  35%

About Me

I am Rodgers Andeka, an ambitious young man. I grew up in mid level family and at my childhood stage i yearned on starting my own business. I started helping my mother on her grocery at the age of 8. I studied in a public primary school in eldoret, langas primary. Later joined high school in western kenya and attained good grade A- and joined the University of Nairobi. I finished my study September 2017. I am strong believer and i believe in God and making efforts to overcome hardship. I started business in my first year by selling my phone to get money for fees and realised it can generate goof profit. My country Kenya has a diverse culture ehich are unique for example the traditional dances and a unique way of living as brothers and sisters. My hobby is playing football, i do it when i am free because it is my talrnt

My Business

basically i buy electronics at a cheaper price and resell it at a price i can gain profit, ranging from $7-15. depending on the demand, in a day i can make about one to three sells. my typical revenue ranges from $50-90. I use my profit to groe the business. I am planning on importing of electronics like smartphone via ebay, alibaba.

Loan Proposal

The loan will enable me to buy another phone which will boost my sells. i buy electronics at a cheap price mostly from online sites like olx and I resell them either on olx or at individual to my customers who demands these goods. In most cases the electronics are sold due to someone problem and needs quick money, that's where i come in and seize the opportunity.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$8.00

Date disbursed

May 26, 2017

Repayment status

On Time

Projected term

8 weeks

Lenders

Paul Buchheit

Mountain View, United States

ML

miriam levine

United States

HH

Helen Horseman

United Kingdom

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  • Rodgers    Nov 11, 2018

    my apologies, I was robbed which rendered me bankrupt, I will resume paying the loan

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  • Rodgers    Jun 6, 2018

    I want to finish the loan as soon as possible

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  • Rodgers    Jan 30, 2018

    political temperature has led to low marhet for my product. to be able to raise my installment i intend to reduce so as to pay in time.

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  • Rodgers    Jan 5, 2018

    I received the loan amount ksh. 2850. I will use the loan to expand on my business by buying another smart phone with addition of profit i had made previously. Thanks alot for the loan

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  • Rodgers    Jan 4, 2018

    thanks for funding my loan i really appreciate. am going to add the amount my profit so as i can acquire another smart phone at a price of $50 and then it will generate more income after selling it. this will help my business grow greatly as i can order items now from ebay. thanks once more.

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  • Rodgers    Jan 3, 2018

    i would like to say thank you for the support you gave me in 2017 in my business progress. except of hurdles that led to a late payment of my loan, i want apologize for any inconvenient since my business was disrupted by election period and i lost many of my items. a new start for new year is not bad and i believe with your help everything will be possible.

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  • Rodgers    Dec 5, 2017

    It is affordable

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  • Rodgers    Nov 29, 2017

    i managed to get the remaining amount and i decided to pay my loan on time to increase my points.

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  • Rodgers    Nov 18, 2017

    am facing difficulties in my business at the moment and i believe reducing the installment will be the best option

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  • Alex    Nov 5, 2017

    He agreed to pay and so i hope he will do so sooner

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  • Rodgers    Sep 20, 2017

    Thanks for the loan. It will enable me expand my business

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  • Rodgers    May 12, 2017

    so that i can finish the payment early

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  • Rodgers    Apr 16, 2017

    thank you

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