Upgrading my electronics service shop

George

Thika, Kenya

100% repaid

Entrepreneur

Name

George

Member since

May 2016

On-time repayments

196 installments  •  61%

About Me

Am the first born in a family of one brother and four sisters. I was raised in a local village in Muranga county central Kenya.
At the age of seven i started schooling at Mahutia primary school where i did my Primary certificate after 8 years. I there after proceeded to technical training in Electronics at Thika Technical.
After gaining skills in electronics i got hired by a service workshop where i earned two dollars per day.I used to live as low as i could so as to adjust all my needs. Working in a service workshop enabled me to gain the experience i required to achieve my dream of self employment.
Being experienced in working on electronics i got a small room in Thika Town to open my own service shop. Using my savings i bought a few tools and spare parts and moved on to achieve my dream. It took me a few months to establish myself well and with time i got more customers.
My homeland is located in a landscape of many trees and streams flowing down the ridge. We usually practice small scale farming.
I enjoy watching science documentaries and hiking in my free time.

My Business

My business is located in Thika town.
I offer different services in electronics that include circuit repairs, speaker coiling, Transformer rewinding, satellite dish installations and consultations.
The services i offer are usually in demand since the use of technology has become common in our country. Almost all people living in town have TVsets and Players that require servicing time to time.
I choose to be in this business since when i was a little boy i had interest in wanting to know why radios produced sound . That time my grandfather had a transistor radio which i used to think that a small person was inside it.
I get well in my business since am able to cater for my daily needs. I aso use my profits to build a house at my village which is now halfway done.

Loan Proposal

I will use the loan to purchase spare parts for my service shop.
These are the items that am not able to purchase in bulk.
Rewinding copper wire of different gauges 30 USD
Speaker diaphrams and coils 16 USD
Power modules 14 USD
Transistors 10 USD
Ics 20 USD
Tools upgrade 30 USD

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$300.00

Date disbursed

May 25, 2016

Repayment status

On Time

Projected term

13 months

Other loans

Lenders

A

Anonymous

United States

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Summary

Amount repaid

$315.00

Amount remaining

$0.00

Date repaid

Jun 21, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jun 6, 2016 $15.22 Jun 7, 2016 $15.22
Jun 13, 2016 $15.22 Jun 13, 2016 $15.22
Jun 20, 2016 $15.22 Jun 22, 2016 $15.22
Jun 27, 2016 $5.07 Jun 27, 2016 $5.07
Jul 4, 2016 $5.07 Jul 4, 2016 $5.07
Jul 11, 2016 $5.07 Jul 11, 2016 $5.07
Jul 18, 2016 $5.07 Jul 18, 2016 $5.07
Jul 25, 2016 $5.07 Jul 25, 2016 $5.07
Aug 1, 2016 $5.07 Aug 3, 2016 $5.07
Aug 8, 2016 $5.07 Aug 8, 2016 $5.07
Aug 15, 2016 $5.07 Aug 8, 2016 $1.01
Aug 17, 2016 $4.06
Aug 22, 2016 $5.07 Aug 17, 2016 $1.01
Aug 24, 2016 $4.06
Aug 29, 2016 $5.07 Aug 24, 2016 $1.01
Aug 29, 2016 $4.06
Sep 5, 2016 $5.07 Aug 29, 2016 $5.07
Sep 12, 2016 $5.07 Sep 7, 2016 $5.07
Sep 19, 2016 $5.07 Sep 15, 2016 $5.07
Sep 26, 2016 $5.07 Sep 24, 2016 $5.07
Oct 3, 2016 $5.07 Sep 28, 2016 $5.07
Oct 10, 2016 $5.07 Sep 28, 2016 $0.51
Oct 11, 2016 $4.57
Oct 17, 2016 $5.07 Oct 11, 2016 $0.51
Oct 18, 2016 $4.57
Oct 24, 2016 $5.07 Oct 18, 2016 $0.51
Oct 26, 2016 $4.57
Oct 31, 2016 $5.07 Oct 26, 2016 $0.51
Nov 1, 2016 $4.57
Nov 7, 2016 $5.07 Nov 1, 2016 $0.51
Nov 8, 2016 $4.57
Nov 14, 2016 $5.07 Nov 8, 2016 $0.51
Nov 22, 2016 $4.57
Nov 21, 2016 $5.07 Nov 22, 2016 $5.07
Nov 28, 2016 $5.07 Nov 22, 2016 $0.51
Dec 2, 2016 $4.57
Dec 5, 2016 $5.07 Dec 2, 2016 $0.51
Dec 7, 2016 $4.57
Dec 12, 2016 $5.07 Dec 7, 2016 $0.51
Dec 13, 2016 $4.57
Dec 19, 2016 $5.07 Dec 13, 2016 $0.51
Dec 19, 2016 $4.57
Dec 26, 2016 $5.07 Dec 19, 2016 $0.51
Dec 26, 2016 $4.57
Jan 2, 2017 $5.07 Dec 26, 2016 $0.51
Jan 2, 2017 $4.57
Jan 9, 2017 $5.07 Jan 2, 2017 $0.51
Jan 13, 2017 $4.57
Jan 16, 2017 $5.07 Jan 13, 2017 $0.51
Jan 24, 2017 $4.57
Jan 23, 2017 $5.07 Jan 24, 2017 $5.07
Jan 30, 2017 $5.07 Jan 24, 2017 $0.51
Jan 31, 2017 $4.57
Feb 6, 2017 $5.07 Jan 31, 2017 $0.51
Feb 7, 2017 $4.57
Feb 13, 2017 $5.07 Feb 7, 2017 $0.63
Feb 20, 2017 $4.44
Feb 20, 2017 $5.07 Feb 20, 2017 $5.07
Feb 27, 2017 $5.07 Feb 20, 2017 $0.63
Mar 2, 2017 $4.44
Mar 6, 2017 $5.07 Mar 2, 2017 $0.63
Mar 9, 2017 $4.44
Mar 13, 2017 $5.07 Mar 9, 2017 $0.63
Mar 13, 2017 $4.44
Mar 20, 2017 $5.07 Mar 13, 2017 $4.69
Mar 21, 2017 $0.39
Mar 27, 2017 $5.07 Mar 21, 2017 $5.07
Apr 3, 2017 $5.07 Mar 21, 2017 $3.67
Mar 29, 2017 $1.40
Apr 10, 2017 $5.07 Mar 29, 2017 $5.07
Apr 17, 2017 $5.07 Mar 29, 2017 $2.66
Apr 7, 2017 $2.42
Apr 24, 2017 $5.07 Apr 7, 2017 $5.07
May 1, 2017 $5.07 Apr 7, 2017 $1.64
Apr 10, 2017 $3.43
May 8, 2017 $5.07 Apr 10, 2017 $5.07
May 15, 2017 $5.07 Apr 10, 2017 $1.64
Apr 20, 2017 $3.43
May 22, 2017 $5.07 Apr 20, 2017 $5.07
May 29, 2017 $5.07 Apr 20, 2017 $0.63
May 15, 2017 $4.44
Jun 5, 2017 $5.07 May 15, 2017 $1.64
May 29, 2017 $3.43
Jun 12, 2017 $5.07 May 29, 2017 $1.64
Jun 9, 2017 $3.43
Jun 19, 2017 $5.07 Jun 9, 2017 $1.64
Jun 12, 2017 $3.43
Jun 26, 2017 $5.07 Jun 12, 2017 $1.64
Jun 21, 2017 $3.43
Jul 3, 2017 $0.41 Jun 21, 2017 $0.41

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