Talk time inventory

Kariuki Thande

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Kariuki Thande

Member since

May 2016

On-time repayments

4 installments  •  100%

About Me

My name is Kariuki Thande.
I run PBS Ltd a company I founded that deals in telephony consumables.
My vocation, however, is in the Agribusiness field where I dedicate some of my time and other resources.
I have consulted in the telecoms sector for a little over ten years building a suit of products that usually connects consumers with their need(s).
A large percentage of my clients are in individuals and a smaller percentage are corporates/SMEs.
The field of business I engage in is based on my passion to connect people with their needs in the most economical and efficient manner.

My Business

The products that PBS Ltd deals in are phones, tablets, laptops, repair services, hardware accessories and airtime which make up the bulk of our sales
Our strength is in designing talk time plans for both individuals and groups i.e corporates.
Our value proposition guarantees EITHER to keep our client's current telephony bill constant while increasing the value derived OR reduce your spend whilst increasing the value derived.

Loan Proposal

The loan will be used to purchase talk time stock for onward sale.
Talk time (otherwise referred to as airtime) is now a common household expense item.

The inventory will be used to service my current clients and cover fees to onboard new clients.
Since airtime is classified as a Fast Moving Consumer Good, the product retails at a high frequency with modest margins.

The target is to launch a customer acquisition plan to rope in delinquent and new clients. Since this is a product consumed by a majority of the population, every (new) client counts.

Income Source

The revenues are generated from repeat business.
Many phone users do not know or otherwise understand the various tariffs that are on offer and so end up paying the highest rates despite alternative cheaper products being available to them.
We do not just sell talk time but educate clients on their calling patterns and what products are available that can be incorporated into their budget to increase their disposable income at NO EXTRA COST.

Delighting our clients and guaranteeing a decrease in their monthly phone costs ensures that we have our clients' business month on month. This builds our revenues and turns our happy clients into ambassadors.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$30.01

Date disbursed

Aug 19, 2020

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $2.52

Credit risk payment: $2.02

Lenders

C

Chris

United Kingdom

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

Please log in to comment.

  • wisdom2080    Sep 6, 2022

    Hope this loan helps. God bless us all :D
    Genesis 26:12: Isaac planted crops in that land and the same year reaped a hundredfold, because the LORD blessed him.

    Log in to reply • Share
  • Kariuki Thande    Sep 6, 2022

    The funds I procured last time round were channeled to purchasing inventory for my business- mobile phone airtime.
    I was able to reinvest the proceeds within the time I had picked to pay back and consequently grew my capital base before I had to payback what was lent to my business. This grew my capital base by an extra 22%.
    My children seamlessly attended school this last year and are going back for the beginning of the school year in September.
    My neighborhood is cool, green and ideal for tea farming.

    Log in to reply • Share
  • Kariuki Thande    Aug 18, 2020

    Hi Chris.

    Thank you for the loan.
    The funds will be channeled to restocking my inventory and pursuing new clients.
    This will allow my business latitude to stock and sell the products when orders are confirmed.

    Regards,
    Kariûki.

    Log in to reply • Share
  • Kariuki Thande    Apr 15, 2020

    Thank you for availaing the resources to help carry on my operations. I was able to purchase stock and service a new client at the time. Now they have since become more regular.

    Log in to reply • Share
  • Kariuki Thande    Dec 3, 2018

    Thank you for your assistance: I received KES 112 and purchased some stock.

    Log in to reply • Share
  • Kariuki Thande    Nov 27, 2018

    I managed to purchase stock and made a handsome profit as this was a rare business opportunuty. THANK YOU!

    Log in to reply • Share
  • Kariuki Thande    Nov 19, 2018

    Hi.
    I received the full amount of the loan i applied for, KES 101 (minus the credit risk payment and service fee) and utilised it to make the purchase of stock that I needed; unfortunatley it is electronic stock and hence cannot generate a photo.
    Thank you very much for the helping hand and the trust.
    Kariuki.

    Log in to reply • Share


Loading...

Loading...

Loading...