Smart phones + apps universal access
Obedi
Nairobi, Kenya
$0 to go
100% funded of $377 goal
0
days left
Entrepreneur
Name
Obedi
Member since
November 2016
On-time repayments
28 installments • 43%
About Me
Am passionate entrepreneur with smartphones and technology because they make work easier, and have revolutionized how we impact lives in this digital age. Am imaging a mother in rural set up can access a mobile loan or can communicatetoanyonewho can help across the globe and save her family, it just amazes and inspires me . For this reason i love technology related business most.
Since my childhood as has been having an enterprenuer's mindset seeking more freedom and ability to impact and inspire others. this what keeps me going despite challenges of entrepreneurship.
Therefore, in business, I look forward for tough challenges as learning experience to be better tomorrow. I live technology related business since first year in university to day. Today, i have managed to open 3 small branches that are customer service points in Nairobi, Nakuru and Kisii and employed 6 staffs permanent and 30-60 affiliates earning commission. Have fallen severally, but God enabledme to raise up again and this the wealthy of experience that i got to motivate me expand my horizons. This far I thank God, Equity bank & friends.
My Family and children cant forget them for supporting me in the entrepreneurial journey. While free,my hobbies include nature walk, read and watch technology and business content; swimming.
My goal: To provide opportunity and jobs to 20-50 people and generate additional income to more than 10 million people in Kenya that lives below a dollar through affordable smartphones (that osts $20-$45) supplies & iChurch "Connect, Worship & Earn" web application by 2020. Join me in making this areality
My Business
Business:
My business involves selling and distribution of smartphones to deliver digital experience to population and its related benefits and newly created iChurch web application that bridges communication gap between Churches and its members as well as making church members generate income through integrated offer walls.
Statistically;
Sales of Smartphones of average revenues of $900 per month. that is projected to grow to $2500 per month by 2017.
iChurch online web app "Connect, Worship & Earn" - starting but has generated $250 per last 2 months from - upgrade fees, bulky sms and Offerwall ads view. revenues are projected to grow to $1000 per month in 2017.
Revenues are utilized for business operations, staffs welfare, my family expenses and support of community.
Loan Proposal
Dear Lenders,
Am happy to report that my progress is well and I have successfully grown because of financial help that boosted my initial small smart phones retailing business.
In this proposal I have decided to add more value to my smartphone retailing business by adding 2 apps installations. To give high value proposition to customers as well as tap into growing app market.
This is important to my bueiness to attract more buyers with added value to grow clients & revenues; and to customers get phones as well as core apps installed because 2 apps (CPU information app that shows customers about phone specs & And Qsave app that is phone finder app builds sense of security to my customers).
In addition my business will have diversified revenue stream from apps ads by Google admob and grow gradually.
To do this, I need funding and of $415 that will be utilised as follows:
Inventor purchase of 20phones @$12=......... $240
Apps templates purchase & reskin 2@$50 = $100
Google publisher account cost 1@$25 = .......... $25
Marketing & advertisement of new services= $50
TOTAL............ $415
Thank you
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Loan Info
Project Type
Classic Loan
Disbursed amount
$377.00
Date disbursed
Mar 13, 2017
Repayment status
Late
Projected term
3 months
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