Wireless router

Moses

Kasarani, Kenya

100% repaid

Entrepreneur

Name

Moses

Member since

November 2017

On-time repayments

25 installments  •  52%

About Me

Am Moses Mwangi Ndonga aged 28 years,born and raised in Murang'a county.I finished my O level studies in 2009 and there after joined college where i graduated with a diploma in COMPUTER ENGINEERING ,later got employed whereby i worked for three and a half years.While i was employed an idea hit my
mind of starting a business.I sourced for funds from my family and friends and started this business located in Nairobi central business district .I am married and have a child who is 1year 8 months old.Am a very disciplined individual,self driven and humble.

My Business

My business is located in Nairobi Accra road known as MILLEM GENERAL ELECTRONICS LTD (www.millemgeneralelectronics.co.ke) which i started in the year 2016,the month of September. The businnes has gradually grown to be a private company after our incoporation on June 2019.Generally we deal with sale and servicing of audio visual equipments. I decided to start this kind of business out of the experience i acquired from my former place of employment ,in a month i have to incur rent,electricity,internet and business permit bills .
My revenues comes from the sale and servicing of audio visual equipments.
Profit from the business is used to cater for personal,family,restocking and savings.

Loan Proposal

I will use this loan to purchase three pieces of wireless router 300 mbs each costing 18$.
I will later supply and install them to my client at a cost 30$ per piece,so the profit will have increased by 12$ per piece.
The benefit i will get from this is that my client will gain trust with me and this will led to better referrals to other clients .

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$60.00

Date disbursed

Jul 19, 2018

Repayment status

On Time

Projected term

6 weeks

Lenders

rob baird

Darwin Australia, Australia

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