Expand computer accessories and phone covers business
Olphah
Kebirigo, Kenya
6% repaid
Entrepreneur
Name
Olphah
Member since
March 2014
On-time repayments
139 installments • 24%
About Me
I am a second born in a family of three, two girls and one boy. I am faithful and committed to my job and give it most of my time. I live in Kebirigo in Nyamira county. I studied my secondary level education in Tombe girls high school and joined JKUIT Nakuru town campus, where I obtained a diploma in business management. I started my business last year selling computer accessories and phone covers, which has enabled me to support my family with our day to day life.
My Business
From my business I am certain that out of the monthly profit generation I am able to repay my loan as well as improve my business. I sell phone accessories and phone covers. My customers like my services because they are cheap and I only sell original products, which are durable. It is profitable because I am the only person in this kind of business. At times when I do not get enough stock my business gets at risk. I make a profit of ksh. 5,000 on average. I look forward to obtaining this loan to expand my business by increasing stock of current products and even adding new products that I see are in great demand in my locality.
Loan Proposal
I am happy to have qualified for my first loan which had been as great help in my business. It helped me to meet the demands of my customers as well as boost my family day to day basic needs. It is because of my success in my business and the well being of my family that makes me once again to borrow another loan to continue growing financially. With my second loan i will use 40 us dollars to purchase more phone covers,and 80 us dollars for their chargers and also 40us dollars for batteries. This will make me still meet the demands of my customers since I am still the only one with this kind of business in my locality. It will as well use the remaining 34 us dollars pay for my younger sister's tuition fee and also support my family day to day basic needs like food. I wish to thank all lenders for their support of transforming lives of people and wish to ask again for the funding of my second loan.
About Me
i am a second born in a family of three,two girl and a brother.i am faithful and committed to my job and give it more of my time. i live at kebirigo in nyamira county.i studied my secondary level education in Tombe girls high school where by i joined JKUIT nakuru town campus and did a diploma in business management.i stated my selling business last year of selling computer accessories and phone covers for the support of my family.i do pay for my fees as well as my family upkeep in day to day life.
My Business
from my business am certain that out of the monthly profit generation i can be able to repay my loan as well as even improve my business.i do sell phone accessories with phone covers. people who are my customers like my services because am cheap as well as sell to them original products only which are durable so they prefer my to any other.it is profitable because i am the only person with this kind of a business. a times when i do not get enough stock my business is ever at risk. i averagely make a profit of 60US dollars .i look forward in using this loan to expand my business and even bring other new goods that i see have a greater demand in my locality.
Loan Proposal
am happy to have qualified for my first loan which had been as great help in my business.It helped me to meet the demands of my customers as well as boost my family day to day basic needs.It is because of my success in my business and the well being of my family that makes me once again to borrow another loan to continue growing financially. in my second loan i will use 40 us dollars for phone covers,80 us dollars for their chagers and 40 us dollars for the battaries. this will make me still meet the demands of my customers since am still the only one with this kind of business in my locality. It will as well use the remaining 36 us dollars to pay for my younger sister's tution fee and also support my family day to day basic needs like food. i wish to thank all lenders for their support of transforming lifes of people and wish to ask again for the funding of my second loan.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$194.00
Date disbursed
Oct 29, 2014
Repayment status
Late
Projected term
26 months
Other loans
Lenders
Brazil
Russia
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