Buy additional dvd lenses, motherboards and ics

Erastus

Timboroa, Kenya

100% repaid

Entrepreneur

Name

Erastus

Member since

June 2014

On-time repayments

24 installments  •  29%

About Me

I am a youth businessman who believes in financial independence and that self employment and SME empowerment are the keys to Africa's financial freedom.

I am committed to this and my desire is to grow from one level of the business to the other to increase possibilities of employing other youths. I believe there is no limitation to anyone's dreams and as such I have big dreams for my business.

My Business

I deal in electronics parts such as ICs, Motherboards, Remotes, Speakers, Batteries, TV screens among others. During Covid, the business was impacted and limited because I had not digitized the platform that I could sell only something that affecting me negatively. Learning from this I have managed to create a digital platform that enables me to sell online.

Its through this that I have had lots of orders from clients who are asking me for products that I have not stocked yet. I am looking to get funding to enable me stock the high profit products that the clients have placed orders for and repay the loan while increasing my business. Getting a boost from Zidisha will go along way in fulfilling this dream.

Looking forward to hear from you even as we join hands to make this dream a reality.

Loan Proposal

Hello,
I intend to use the requested loan amount in purchasing the following items for my shop namely; DVD Lenses (DL6, DL5), Motherboards and ICs. The items mentioned above are spare parts that I sell to my customers majority of whom are electronic technicians dealing with repairs of all electronics. The reason of choosing the three Items from a list of many is because they are never enough for my customers. They are the most moving items in my shop and the demand is high than I can supply.

The profit margin is favorably high and that grounds my ability to repay any given amount within the time and installments pledged. Though small as it seems to many, in my hand the money will work magic. What is encouraging is that I have gained trust with my customers for quality products, variety, customer care skills and most importantly the ability go go an extra mile in solving their problems. My business is not a new venture but has been in existence for several months now and approximately 90% of my customers are return customers which guarantees "a must sell" approach.

I believe in what I do because I have passion and confidence it takes to be a game changer in my field. Therefore, lending to or investing in my business is empowering me to achieve more and also your guaranteed chance of getting your money back in time and in full. Trust and honesty are the pillars to my business and so shall be evident if you lend to my business.

Please assist in bringing my dreams to fruition.

Thank you in advance.
Sincerely
Erastus Mwangi Wachira

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Jul 11, 2014

Repayment status

On Time

Projected term

4 months

Lenders

M

marcelitohb

Bremen, Germany

fairspirit

Utrecht, Netherlands

H

howard

Vence, France

Sarasota

Sarasota, Fl, United States

Genady

Münich, Germany

T

thebonseung

Republic of Korea

Leonardia

Waddinxveen, Netherlands

H

hixeu

Belgium

R

roger

United Kingdom

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Summary

Amount repaid

$52.77

Amount remaining

$0.00

Date repaid

Nov 9, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jul 22, 2014 $10.16 Jul 15, 2014 $10.16
Jul 29, 2014 $10.16 Jul 15, 2014 $0.30
Jul 23, 2014 $9.86
Aug 5, 2014 $0.30 Jul 23, 2014 $0.30
Aug 12, 2014 $3.49 Jul 23, 2014 $0.01
Aug 5, 2014 $3.48
Aug 19, 2014 $3.49 Aug 5, 2014 $0.01
Aug 19, 2014 $3.48
Aug 26, 2014 $3.49 Aug 19, 2014 $0.01
Sep 3, 2014 $3.48
Sep 2, 2014 $3.49 Sep 3, 2014 $0.01
Sep 25, 2014 $3.48
Sep 9, 2014 $3.49 Sep 25, 2014 $0.01
Oct 8, 2014 $3.48
Sep 16, 2014 $3.49 Oct 8, 2014 $3.49
Sep 23, 2014 $3.49 Oct 8, 2014 $3.49
Sep 30, 2014 $3.49 Oct 8, 2014 $0.01
Nov 11, 2014 $1.16
Feb 11, 2015 $0.35
Feb 11, 2015 $1.97
Oct 7, 2014 $0.00
Oct 14, 2014 $0.00
Oct 21, 2014 $0.00
Oct 28, 2014 $0.00
Nov 4, 2014 $0.00
Nov 11, 2014 $1.16 Feb 11, 2015 $0.36
Nov 9, 2018 $0.80
Nov 18, 2014 $1.16 Nov 9, 2018 $1.16
Nov 25, 2014 $1.16 Nov 9, 2018 $1.16
Dec 2, 2014 $0.74 Nov 9, 2018 $0.74

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