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

Feedback

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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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  • Erick    Jan 5, 2016

    Thank-you so much Mr Kilmeny for your concerned.I hope to submit-my monthly contribution in this new year.Thanks and God bless you

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  • KM    Jan 1, 2016

    Thank-you for updating us on your situation in November. I hope that you have been able to re-establish yourself in your community now, and wish you a better new year!

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  • Erick    Nov 25, 2015

    Hi lenders, i hereby do apologise for the late submission of my repayment schedule which i had promise to pay as per the agreed dates of every week.Seven months ago i shared with you the problems of theft that happened in my shop.this really affects my business and forced me to look for other options as the business was as it death bed.Am sorry to say have not been in touch with you because i left my country to the neighboring country looking for other options to pay my dues as agreed.Am back home now and am still requesting you stand with me at this difficult moment.Am planning to reschedule my payment before the end of the week thank you

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  • Erick    Apr 22, 2015

    Kindly i request to re-change my repayment schedule as per my earlier agreed date.have been facing financial difficulties in business as aresult of theft that happened in my shop.robbers broke my shop and stole electrical goods/ items worth thousand of shillings,due to this have been in a financial constrain making it difficult to repay my loan promptly as agreed,at the moment the business is at its death point.i promise to pay this amount diligently.thank you

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    • KM    May 10, 2015

      I'm sorry to learn of this misfortune. Thank-you for letting us know what is happening.

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  • KM    Mar 16, 2015

    Hello - how are things going?

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  • Erick    Dec 7, 2014

    ElWal thanks

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  • Erick    Dec 7, 2014

    Thanks to lenders the loan has changed my life

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  • Erick    Jun 20, 2014

    Hi my lenders I would wish to reschedule this loan to due some financial challenges have gone through in the last one week.Some unknown thugs manage to break into my shop and stole some valuables am currently restructuring my shop and I will be able to start my loan payment promptly in a weeks time.Am sorry to all my lenders for this changes please understand my situation.

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  • Erick    Jun 2, 2014

    thanks goodwithoutgod

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