Name
Erick
Member since
May 2014
On-time repayments
49 installments • 39%
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.
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.
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
Positive
1
Neutral
None
Negative
None
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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