Stocking of mobile & computer accessories for sale

Willis

Chuka, Kenya

100% repaid

Entrepreneur

Name

Willis

Member since

April 2014

On-time repayments

25 installments  •  40%

About Me

I'm a 28 yrs old mature gentleman with a very healthy attitude towards business,I'm a graduate of Jomo kenyatta University with a bachelors degree in information Technology,I,m married to a beautiful loving wife and we are blessed with a baby boy.Since childhood I have always known that given a chance I would do well in business and it was just a matter of time after my graduation that my dream of starting up a business hatched.
I graduated in year 2009 and with my little savings that I had gotten from doing some odd jobs opened a computer Garage dealing with computer and phone repair in 2012 after unsuccessful attempts to secure a white collar job .In Dec 2013 I extended my business to offer money transfer service populary known as Mpesa and Sale of phones and accessories.I plan to start a cyber soon when things sober up.

My Business

I run a combination of businesses in one outlet offering various goods and services for sale, I specialize in Computer and Phones repair while still offering Mobile phones for sale, Their accessories and also computer accessories for sale on small scale that I introduced lately but has been doing excellently, I also run a money transfer Service commonly known as Mpesa here in Kenya.
My business is located on a busy center next to Chuka University and with a lot of students over 3000 who have either a combination of a phone and a laptop or a phone and a desktop you can only imagine the traffic that comes to my garage. The fact that most of them are fast timers with computers they are bound to be challenged by either their hardware or software of their computers and more often than not they find their way to my garage for either a software upgrade or a hardware change
With the changes in technology I also get many students coming to consult me over various ICT related issues and I always charge them a little fee ,I also do mobile phone repair and with everyone in the area with a mobile phone. The business is doing well.

My Incomes Includes;
Around 330 Us Dollars from computers and phone repair
An average of 115 Us Dollars from money transfer Service.
Around 70 Us Dollars from sale of Phones and computer accessories

My Expenses Include
House Rent of 90 Us Dollars
My assistant salaries 70 Us Dollars
Electricity 30 Us Dollars
Miscellaneous 30 Us Dollars

Approximate profit monthly profits 300 Us Dollars

Loan Proposal

Hallo Lenders, With this amount from zidisha I plan to stock some of the basic accessories that I often use during the course of mobile phone & Computer repair or which I'm often asked about or requested to stock, This accessories will include phone batteries, Simcards, Housings, Memcards and chargers & earphones ,I also plan to stock some basic computer accessories like powercords, Dvd writers, data cables, Power units Keyboards ,Mouses and others up to the maximum of the amount that will be offered. With the stock of accessories and my location,just outside a university,I have faith that there will be increased traffic translating to more profit. Since my business has been operational for over two years now ,Repayments will not be a problem and especially after the boost. Asanteni Sana {Thank you very much)

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Loan Info

Project Type

Classic Loan

Disbursed amount

$135.00

Date disbursed

May 21, 2014

Repayment status

On Time

Projected term

3 months

Other loans

Lenders

AWOL

USA, United States

calvero

Bergen, Norway

H

howard

Vence, France

Sarasota

Sarasota, Fl, United States

Matching Fund

Sterling, United States

M

MaggieYG

United States

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