Kelvin
Nairobi, Kenya
100% repaid
Name
Kelvin
Member since
April 2017
On-time repayments
24 installments • 58%
My business deals with electronics. I purchase electronics supplies, spares, phone accessories at a wholesale and sell them to consumers. I have some knowledge on electricals since i learnt to stay busy in my dads shops in Mombasa during holidays and am very good at pricing so this isn't something very new to me, so i decided to do the same on a different town under my own business name having known the different dealers he used to access his stock and evaluating for the cheaper ones i could rely. It is also a similar business I once wrote on my campus Business Project subject with all requirements of a project. Though i now cannot utilise the copy both on hard and softcopy since that was a larger scale one as compared to the one i am running and had a huge management scheme and capital startup compared to this one i started, with the little capital i raised. But its God grace it will one day grow to what i wrote on paper.
The reason as to why I applied for a Zidisha loan is to help me improve on what i started. I intend to purchase more stock like conduit pipes, cables, bulbs that is in great demand due to many people in this town carrying out wiring installations on a daily basis. The goods will
vary for a startup. With the profit i make i will be able to repay back my lenders for a ggreater credit limit and since I have no much dependancy on me my biggest goal is to take this business to a self sustaining level and even start on home appliance, and do wholesales too
My business deals with electronics. I purchase electronics supplies, spares, phone accessories at a wholesale and sell them to consumers. I have some knowledge on electricals since i learnt to stay busy in my dads shops in Mombasa during holidays and am very good at pricing so this isn't something very new to me, so i decided to do the same on a different town under my own business name having known the different dealers he used to access his stock and evaluating for the cheaper ones i could rely. It is also a similar business I once wrote on my campus Business Project subject with all requirements of a project. Though i now cannot utilise the copy both on hard and softcopy since that was a larger scale one as compared to the one i am running and had a huge management scheme and capital startup compared to this one i started, with the little capital i raised. But its God grace it will one day grow to what i wrote on paper.
The reason as to why I applied for a Zidisha loan is to help me improve on what i started. I intend to purchase more stock like conduit pipes, cables, bulbs that is in great demand due to many people in this town carrying out wiring installations on a daily basis. The goods will
vary for a startup. With the profit i make i will be able to repay back my lenders for a ggreater credit limit and since I have no much dependancy on me my biggest goal is to take this business to a self sustaining level and even start on home appliance, and do wholesales too
With the current loan i wil be able to purchase
Phone accesories worth 100$ such as phone chargers,phone casings,universal chargers etc. This type of goods are much marketable in any electrical shop since the phone accesories are used on a daily basis.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$18.55
Date disbursed
Aug 9, 2017
Repayment status
On Time
Projected term
2 months
Other loans
Amount repaid
$18.32
Amount remaining
$0.00
Date repaid
Jan 29, 2019
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Aug 19, 2017 | $1.98 | Jul 23, 2017 | $0.03 |
Sep 9, 2017 | $0.99 | ||
Sep 9, 2017 | $0.96 | ||
Aug 26, 2017 | $1.98 | Sep 9, 2017 | $0.03 |
Sep 9, 2017 | $0.99 | ||
Sep 9, 2017 | $0.96 | ||
Sep 2, 2017 | $1.98 | Sep 9, 2017 | $0.03 |
Sep 9, 2017 | $0.99 | ||
Sep 9, 2017 | $0.96 | ||
Sep 9, 2017 | $1.98 | Sep 9, 2017 | $0.03 |
Sep 30, 2017 | $0.99 | ||
Sep 30, 2017 | $0.96 | ||
Sep 16, 2017 | $1.98 | Sep 30, 2017 | $0.03 |
Oct 2, 2017 | $0.51 | ||
Oct 2, 2017 | $0.51 | ||
Oct 28, 2018 | $0.92 | ||
Sep 23, 2017 | $1.98 | Oct 28, 2018 | $0.07 |
Jan 20, 2019 | $1.91 | ||
Sep 30, 2017 | $1.98 | Jan 20, 2019 | $0.07 |
Jan 29, 2019 | $1.91 | ||
Oct 7, 2017 | $1.98 | Jan 29, 2019 | $1.98 |
Oct 14, 2017 | $0.54 | Jan 29, 2019 | $0.54 |
Oct 21, 2017 | $0.99 | Jan 29, 2019 | $0.99 |
Oct 28, 2017 | $0.47 | Jan 29, 2019 | $0.47 |
Nov 4, 2017 | $0.51 | Jan 29, 2019 | $0.51 |
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