Loan for buing of office supplies

Rotich

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Rotich

Member since

May 2014

On-time repayments

20 installments  •  30%

About Me

Am Victor, an entrepreneur,i run a technology company that aggregates logistics services through a platform and mobile application
User can request for cargo delivery through the application,and instanly a truck shows up,
We are working with independent drivers to fulfill customer request and charge 20%as a service fee
I am usually fascinated by technology and which prompted me to do computer science degree in my university,
I have a team of sales ,programmers, and partners

My Business

We run on demand logistics services,just like uber but for cargo and delivery
We offer our services through Mobile applications and web application check-out davin.co.ke and search davin on playstore to have a look of what we offer
We started on December 12 but first we were working on technology
Officially we started on January 5and i can say we've had a massive success.. fist 2 days got an order of 3 trucks which amounted to USD1870
since then we haven't slowed down
Our recent revenue from the launch is USD 2905 for past two months and we are not stopping
We plough back the profit into the business by hiring more sales team on the ground
Alot of our customers are business owners and individual who would wish to relocate in terms of housing
We want to partner with real estate agencies such. That for every tenant they use our servicewe give them USD 5 ,we tested in 3 apartments and we got 7 customers referred by the agents,
We will also need to work on office location since we are working on my apartment
Also we need to feature our services and hire more sales team ,provide more referral bonus so as to get our word out there

Loan Proposal

hi ,your contribution to this loan will be a big boost for my business we have a lot to do and we need funds to catapult our bootstrapped on demand business ,we will use the funds in purchase of office supplies and inventory, hiring new riders and new customers thanks as you commit yourself in this great venture

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$131.00

Date disbursed

May 6, 2017

Repayment status

On Time

Projected term

30 months

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