To add stock in my phone shop

Evans

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Evans

Member since

April 2014

On-time repayments

289 installments  •  8%

About Me

I am 25 years old and come from a family of three - one sister and one brother where I am the first born. My parents are small scale farmers from Eastern region of Kenya. I relocated to Mombasa three years ago in search of greener pastures. I am hard working and honest and this qualities have brought me to where I am today from a very humble beginnings.

I did my secondary school education and later did an ICT course in computer maintenance and networking at the Technical University of Mombasa. After failing to secure employment after college, I decided to start a business where I sell mobile phones and related accessories.

My Business

My business deals with sales of mobile phones and accessories such as headphones, phone chargers and batteries. These items are in high demand due to digital explosion that the region is undergoing currently.

This has seen my business grow from strength to strength and I make a profit of about $300 per month. In spite of the relative success my business has made over time, I feel a little credit would increase the growth pace. With a loan of $150 I will be able to stock more accessories for my phone shop and I am sure I will make a good profit out of the increased sales.

Loan Proposal

As I mentioned earlier, I deal with sale of mobile phones and accessories. My immediate goal is to increase my stock which will also increase my sales. I intend to use $100 to buy a few low end mobile phones and the balance to buy phone accessories like batteries, chargers, earphones etc.

My sales are adequate to repay this loan as stated above.

Thank you.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$59.00

Date disbursed

May 5, 2014

Repayment status

On Time

Projected term

4 months

Other loans

Lenders

EricDWalters

Rochester, Mn, Usa, United States

A

argos

Zurich, Switzerland

Muslim

Riyadh, Saudi Arabia

Sarasota

Sarasota, Fl, United States

E

Escalada

Bakersfield, CA, United States

K

Kramer91

Kamerik, Netherlands

A

ajayhk

San Jose, United States

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

Loading...

Summary

Amount repaid

$60.79

Amount remaining

$0.00

Date repaid

Aug 15, 2014

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
May 16, 2014 $3.38 May 16, 2014 $3.38
May 23, 2014 $3.38 May 16, 2014 $1.33
May 28, 2014 $2.05
May 30, 2014 $3.38 May 28, 2014 $0.31
Jun 2, 2014 $2.35
Jun 11, 2014 $0.72
Jun 6, 2014 $3.38 Jun 11, 2014 $1.64
Jun 17, 2014 $1.74
Jun 13, 2014 $3.38 Jun 17, 2014 $0.61
Jun 30, 2014 $2.76
Jun 20, 2014 $3.38 Jun 30, 2014 $1.94
Jul 4, 2014 $1.44
Jun 27, 2014 $3.38 Jul 4, 2014 $3.38
Jul 4, 2014 $3.38 Jul 4, 2014 $1.07
Jul 6, 2014 $2.31
Jul 11, 2014 $3.38 Jul 6, 2014 $0.05
Jul 15, 2014 $3.33
Jul 18, 2014 $3.38 Jul 15, 2014 $0.20
Jul 21, 2014 $2.35
Jul 25, 2014 $0.82
Jul 25, 2014 $3.38 Jul 25, 2014 $3.38
Aug 1, 2014 $3.38 Jul 25, 2014 $0.05
Aug 8, 2014 $3.33
Aug 8, 2014 $3.38 Aug 8, 2014 $2.55
Aug 15, 2014 $0.82
Aug 15, 2014 $3.38 Aug 15, 2014 $3.38
Aug 22, 2014 $3.38 Aug 15, 2014 $3.38
Aug 29, 2014 $3.38 Aug 15, 2014 $3.38
Sep 5, 2014 $3.38 Aug 15, 2014 $3.38
Sep 12, 2014 $3.38 Aug 15, 2014 $3.38

Loading...