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.

Show original English  

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.

Feedback

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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

D

duckdork

De Forest, United States

Cricketca

San Jose, United States

A

Anonymous

United Kingdom

T

tiojoca

Portugal

Mikers

Netherlands

H

Heath

United States

F

FFMInvest

Frankfurt Am Main, Germany

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Summary

Amount repaid

$15.11

Amount remaining

$228.86

Expected completion

Dec 25, 2016

Status

Repaying late

Installment amount

$2.27

Repayment History

Expected Payments Actual Payments
Nov 9, 2014 $4.24 Nov 11, 2014 $4.24
Nov 16, 2014 $0.08 Nov 11, 2014 $0.08
Nov 23, 2014 $0.00
Nov 30, 2014 $0.00
Dec 7, 2014 $0.00
Dec 14, 2014 $0.00
Dec 21, 2014 $0.00
Dec 28, 2014 $2.27 Dec 28, 2014 $2.27
Jan 4, 2015 $2.27 Dec 28, 2014 $2.27
Jan 11, 2015 $2.27 Jan 11, 2015 $2.27
Jan 18, 2015 $2.27 Jan 11, 2015 $1.14
Jan 28, 2015 $1.14
Jan 25, 2015 $2.27 Jan 28, 2015 $1.70
Feb 1, 2015 $2.27
Feb 8, 2015 $2.27
Feb 15, 2015 $2.27
Feb 22, 2015 $2.27
Mar 1, 2015 $2.27
Mar 8, 2015 $2.27
Mar 15, 2015 $2.27
Mar 22, 2015 $2.27
Mar 29, 2015 $2.27
Apr 5, 2015 $2.27
Apr 12, 2015 $2.27
Apr 19, 2015 $2.27
Apr 26, 2015 $2.27
May 3, 2015 $2.27
May 10, 2015 $2.27
May 17, 2015 $2.27
May 24, 2015 $2.27
May 31, 2015 $2.27
Jun 7, 2015 $2.27
Jun 14, 2015 $2.27
Jun 21, 2015 $2.27
Jun 28, 2015 $2.27
Jul 5, 2015 $2.27
Jul 12, 2015 $2.27
Jul 19, 2015 $2.27
Jul 26, 2015 $2.27
Aug 2, 2015 $2.27
Aug 9, 2015 $2.27
Aug 16, 2015 $2.27
Aug 23, 2015 $2.27
Aug 30, 2015 $2.27
Sep 6, 2015 $2.27
Sep 13, 2015 $2.27
Sep 20, 2015 $2.27
Sep 27, 2015 $2.27
Oct 4, 2015 $2.27
Oct 11, 2015 $2.27
Oct 18, 2015 $2.27
Oct 25, 2015 $2.27
Nov 1, 2015 $2.27
Nov 8, 2015 $2.27
Nov 15, 2015 $2.27
Nov 22, 2015 $2.27
Nov 29, 2015 $2.27
Dec 6, 2015 $2.27
Dec 13, 2015 $2.27
Dec 20, 2015 $2.27
Dec 27, 2015 $2.27
Jan 3, 2016 $2.27
Jan 10, 2016 $2.27
Jan 17, 2016 $2.27
Jan 24, 2016 $2.27
Jan 31, 2016 $2.27
Feb 7, 2016 $2.27
Feb 14, 2016 $2.27
Feb 21, 2016 $2.27
Feb 28, 2016 $2.27
Mar 6, 2016 $2.27
Mar 13, 2016 $2.27
Mar 20, 2016 $2.27
Mar 27, 2016 $2.27
Apr 3, 2016 $2.27
Apr 10, 2016 $2.27
Apr 17, 2016 $2.27
Apr 24, 2016 $2.27
May 1, 2016 $2.27
May 8, 2016 $2.27
May 15, 2016 $2.27
May 22, 2016 $2.27
May 29, 2016 $2.27
Jun 5, 2016 $2.27
Jun 12, 2016 $2.27
Jun 19, 2016 $2.27
Jun 26, 2016 $2.27
Jul 3, 2016 $2.27
Jul 10, 2016 $2.27
Jul 17, 2016 $2.27
Jul 24, 2016 $2.27
Jul 31, 2016 $2.27
Aug 7, 2016 $2.27
Aug 14, 2016 $2.27
Aug 21, 2016 $2.27
Aug 28, 2016 $2.27
Sep 4, 2016 $2.27
Sep 11, 2016 $2.27
Sep 18, 2016 $2.27
Sep 25, 2016 $2.27
Oct 2, 2016 $2.27
Oct 9, 2016 $2.27
Oct 16, 2016 $2.27
Oct 23, 2016 $2.27
Oct 30, 2016 $2.27
Nov 6, 2016 $2.27
Nov 13, 2016 $2.27
Nov 20, 2016 $2.27
Nov 27, 2016 $2.27
Dec 4, 2016 $2.27
Dec 11, 2016 $2.27
Dec 18, 2016 $2.27
Dec 25, 2016 $3.30

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