Name
Boniface
Member since
October 2016
On-time repayments
101 installments • 44%
i was raised up by my uncle from the age of seven.i attended several primary schools due to lack of school fees bt later i made it to high school where i made it through three different schools. I grew up in a family of boys and i hard to be tough not to be given chores of a girl like cooking. After high school i struggled to get a job in the capital but wherever i asked for a job i was told am younger to be working. Finally i got a friend kept me in his electrical shop and from there i learned how operate it.
I ALSO YATAUGHT MYSELF HOW TO REPAIR CELL PHONES.Two years later i started a business with my litlittle savings.
Funny enuenough the people around here believe in witchcraft and discoraged me a lot but i trusted in God.
About my children am yet to know......
At my leisure time i love dismantling cell phones while listening to reggae music....
I sell electrical goods such as bulb, socket, conduit pipes. I also sell phone accessories and do mobile repair.
Due to high population, the demand is high making it More reliable Due to power outages in the area, electrical appliances blow anyhowly leading to a cycle of purchase
This kind of business is easy to operate because it doesn't need much varieties as compared to others like retail shop.
Rent-4000KES per month
Electricity - 1000KES per month
License - 5000KES per year
GoTv-920KES per month
I use my profit to pay school fees for my child and my younger brother as well as improving my homestead.
I will buy 2 dozens of lamp holders at $ 9, 2 dozens of bulbs at $ 5, 1 dozen of joint boxes at $ 4, 10 pcs compact disks at $ 5 and 2 dozens insulation tap at $ 3 each. It will increase the number of my customers, my customers will always get what they have been asking for. It will also increase my profit by $ 5 per day.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$22.00
Date disbursed
Oct 9, 2016
Repayment status
On Time
Projected term
2 months
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