Name
Paul
Member since
April 2013
On-time repayments
10 installments • 20%
My name is Paul Obwogi Obino married with one child. I and my family we live together in Nakuru Kanustreet in a rented house. My wife is a salonist and I am an Electronic technician. I have a diploma in Electronic engineering from Mt. Kenya. Actually I started electronic business since I have that knowledge instead of being employed I saw it better to be self-employed since nowadays employment opportunities are a very minimal. The earnings I got helps me to support my family and to maintain them as the life continues changing from one level to another.
I and my wife we are still young and therefore we work very hard uplifting each other whenever the need arises.
My business is registered under the Municipal council of Nakuru. It's called Better option Electronic shop. Actually it's located along the Kanustreet road near the new Major shop. I deal with phone accessories and other electrical spares like cables, aerials, repairing of electronic devices like electric irons, phones, microwaves and so many other devices. I have so many clients since my business is located at a very strategic position with high population and most of the houses have these electrical gadgets.
My business is profitable since I normally buy my products in bulk at very lower price in Nairobi and sell them as a retail where I am able to make maximum profit. This business has so many challenges since most of the people have started opening the same hence competition is high but since I started my business early am able to beat the the price war where am able to make profit even if I sell my products at lower price than them.
This helps me to sustain my business to progress without any delay of goods in my shop or dead stock.
Thank you very much zidisha team for making my loan processing successful. I would use this loan to increase my stock in the shop that is phone accessories like chargers, universals and electric cables which are of demand hence get more profit that will enable me to repay my loan in time successfully. Thank you one more
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Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Apr 25, 2013
Repayment status
Late
Projected term
10 months
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