Adding stock to my business

Benedict

Mumias, Kenya

100% repaid

Entrepreneur

Name

Benedict

Member since

July 2017

On-time repayments

7 installments  •  29%

About Me

I'm Benedict Odinga Ambayisi, electronic technician based in Mumias town. I'm self employed and I run my own electronic shop here in Mumias. I started my business back in 2000. After so many challenges which made me to close for 2 years, I resurfaced in the year 2008, till then am doing good. But I wish to expand it more.

My Business

As an electronic technician, i offer sales and services.I sale electronic spares and electrical gadgets. I approximately earn a minimum of sh 1500 per day as a profit. Through much business competition in the sector, I wish to upgrade my business so as to meet the demands of my clients. I wish to stock phones for sale as the demand is too high here, and this will increase my income and expand my business.

Loan Proposal

I will use the loan to add stock to the current one. Due to the high demand of my services, I wish to improve my services that I offer to my clients. It will also help me in completing my electronic project that am doing.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$4.00

Date disbursed

Aug 24, 2017

Repayment status

On Time

Projected term

2 weeks

Lenders

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  • Benedict    Sep 6, 2017

    My first and second loan has played a great part in my business. It made me move a great step ahead, I have moved another step by opening another shop working together withe first one. Am looking forward for funds to make it stable and meet the demands of my clients.

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