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)

Feedback

1

None

2



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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

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Matching Fund

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MaggieYG

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Ask Willis a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Peter    Mar 23, 2018

    Loan went and improved very well my poultry farm

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  • Peter    Mar 23, 2018

    Been trying to call but he isn't responding to my calls

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  • Peter    Apr 22, 2017

    Hi pliz repay ur loan as soon as possible

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  • Kismet    Mar 2, 2015

    Hello Mr. Mwangi,
    You have now missed six repayments. When can we expect you to begin repaying your loan?
    Thanks,
    Kismet

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  • Anthony    Feb 24, 2015

    I wish to inform the lenders that I have been trying to contact Willis Mwangi and his referees for a while without success. Some of his referees that I was able to reach claimed they relocated while others claimed that they do not know him. I wouldn't want to assume any ill motive until I know the real situation of Willis and I I will continue trying to reach him and when I have a concrete update will inform you accordingly.

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  • Laparo    Oct 28, 2014

    Hi Willis,

    can you please give an update on Samwel Mwangi situation. He hasn't repaid anything yet.

    Thanks a lot

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  • jeffreyrmeier    Oct 23, 2014

    could you please contact Eliud Bett (you are his mentor) and ask him for an update about his business and loan repayment? thanks!

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  • Laparo    Oct 6, 2014

    Hi Willis,
    you were in contact with Samwel Mwangi, September 4th, saying he is doing well with his potato farm. I haven't heard anything from Samwel at all. Would you please contact him again and update the lender community. Thanks a lot.

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  • Willis    Sep 4, 2014

    Thanks Zidisha for offering this opportunity to me to fund raise my second loan of which I believe will catapult my business to the next level.I call upon all Lenders to fund my proposal to a tune of a 100% this time around.I trust and believe my dreams will be attained..

    Help me in wishing me luck

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  • Willis    Aug 31, 2014

    My dreams will be shuttered if I Don't get funded. .I only have Three days and my loan will expire the second time. Please Help

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  • Willis    Aug 27, 2014

    I wish to call on all Zidisha fraternity and all lenders in here to Kindly support me in raising the amount. This is my second application as my first application expired. Kindly don't let this one expire. .

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  • Willis    Aug 24, 2014

    Hi Tobsoc. ..I will be getting in touch with him and
    in turn update you soonest ..You can also assist by bidding some a few dollars on my loan that I'm fundraising. .

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  • Willis    Aug 24, 2014

    Thanks for the support Lenders ..keep the bidding coming. .Hope to reach the 100% mark soon. .

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  • Tobsoc    Aug 24, 2014

    what happend with alex kinuthia. no money is coming in.can you help?

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    • Willis    Aug 24, 2014

      Hi Tobsoc. ..I will be getting in touch with him and in turn update you ..Thanks for the support

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    • Willis    Aug 24, 2014

      Hi Tobsoc. ..I will be getting in touch with him and
      in turn update you soonest ..You can also assist by
      bidding some a few dollars on my loan that I'm
      fundraising. .

      Log in to reply • Share
    • Willis    Aug 24, 2014

      Hi Tobsoc. ..I will be getting in touch with him and
      in turn update you soonest ..You can also assist by
      bidding some a few dollars on my loan that I'm
      fundraising. .

      Log in to reply • Share
  • Willis    Aug 22, 2014

    Dear Lenders. .
    This is just to confirm that my business is progressing on well. The business seems to improve daily .From the first loan I was able to stock Computer ad phone accessories that are in great demand. If my second loan is funded. of which I'm fundraising for now. ..I hope to stock some mobile phone brands and I also hope to double my Profits. Kindly assist

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  • Willis    Aug 22, 2014

    Enigmatic, Galantnosts and all the others. .You did bid for my loan which did Expire ...Kindly support me here. .

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  • Willis    Aug 21, 2014

    Some more pics. ..The Garage. .

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  • Willis    Aug 20, 2014

    I wish to sincerely thank any lender who bid in my previous loan,Although I never made it to a 100% mark,I feel humbled,I hope this time round it will be a matter of time,Welcome aboard and start bidding allover again.

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  • Willis    Aug 19, 2014

    MICROMZ. ..Thanks, It's never too late. ..Just keeping hope alive. .

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  • Willis    Aug 17, 2014

    I'M A VOLUNTEER MENTOR, I DID PAY MY FIRST LOAN ON TIME. .WHY ..WHY has it that my loan has to expire. ..?Three more days. ..Only three more days. ..Please Fund me. ..

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