My names are Michael Kangethe Kariuki I am 30 years old from Kenya. I am married and blessed with one child who is in class 1. I live in Makongeni estate approximately 5 km east of Thika town. After completing high school I started working as a casual laborer at building and constructions. During my working I managed to save in order to get capital to start a small business. After a couple of years of saving I managed to start a small business of buying and selling mobile phones accessories, the business I am doing up to date. I have always wanted to expand my business but I have been experiencing limitations due to lack of enough capital, therefore if I can find capital from other sources I can realize my business dream.
From my humble savings I managed to start a small business of buying and selling mobile phones accessories in Thika town. I source these products in bulk from suppliers at a lower price which enables me sell them at a good price and hence increase my sale and profit margin too. I have used the small profit I get from the sales to extend a mobile money transfer service (Mpesa Agent), buying mobile phones and airtime which has boosted my business and have drawn many customers. I will appreciate you, if you can assist me by lending me money so that I can expand my business further and also employ another person.
Dear esteemed Lenders and Zidisha team thank you for your generosity,
God bless you because my previous loan uplift my sales to 45% and with that it raised profit margin tremendously.Am glad to inform you since i started purchasing and selling mobile phones of various variety i attracted many customers who prefer my shop and also i sell some to my neighbour at lower price to be able to sell in their shop,
If i can be able to stock more phones at wholesale price i can employ another person to distribute those phone to my clients in their shop and these because demand is very high.
Dear lenders my whole budget is approximately $1155 with some from my humble saving and if am granted these money i will utilize it as follow to buy these phones which have high return.
Itel mobile ;model 2090- 3pcs $27 Samsung mobile:model E2105 2pc $35
2080-3pcs $29 B310 2pcs $46
2060_ 3pcs $27 B312 2pcs $56
5010_ 3pcs $33 JI mini 1pcs $76
5190_3pcs $39
6800_3pcs $56 Nokia mobile;model 105 2pcs $36
Tecno moblie;model T340 3pcs $22 110 2pcs $76
T341 3pcs $23 108 dual 2pcs $46
T363 3pcs $30
T3410 3pcs $45 Huawei mobile;model Y4 1pcs $46
T501 3pcs $42 Y3 1pcs $45
T605 3pcs $36
Y4 3pcs $11
Vinko mobiles model; S5 3pcs $36
N1 3pcs $36
N2 3pcs $45
N4 3pcs $45
This will increase my profit margin with approximately 45% and also enable me to employ another employee who would be distributing phones to my clients.
I call upon my dear Lenders to please fund my project as i will always be faithful in repaying back the money. God bless you and thanks in advance.