Top up the stock in my hardware

Erick

Kayole, Kenya

100% repaid

Entrepreneur

Name

Erick

Member since

May 2014

On-time repayments

49 installments  •  39%

About Me

My name is Erick Oketch. I studied a diploma in electrical engineering from Kenya polytechnic university I come from South Nyanza migori county, nyatike sub county.hi Started this business which deals mainly in electronics and electrical appliances 2 years ago from my little savings and from then i have been able to rise from where I started to modern expansion which I do feel proud of.

My Business

from the income in business, I mean sales, repair and maintenance I do earn enough that will be able to help me repay my loan. I do trust and know that through this loan I will be able to add in more stock, do a lot of selling and repairs and even earn much more to help me take care of my business, my family and personal needs and in repaying my loan. I therefore submit my loan request to potential and I will appreciate If awarded this loan.I chose this kind of business because it is in line with my proffesional career.My typical cost is to run the business is $240 and my revenue is $400.I always used the proit to expand stock in my business and take care of my family.My good are always in demand because there is alot of construction going a round and alot electrical repairs.

Loan Proposal

When I get this loan,it will help me improve on increase my stock by bringing to customers very most modern electrical and electronic. Circuits,switches and stitch boxes, all sorts of cables, bulbs and electronics are of great demand around my place of resident where my business is located . this loan will greatly help me expand my business to satisfy the demands of my regular customers. following the fact that i offer repair and maintenance services on electronics, i also wish to buy other equipments that will help of them thereby speeding my service delivery

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Jun 10, 2014

Repayment status

On Time

Projected term

3 months

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