Entrepreneur
Name
Peter
Member since
December 2015
On-time repayments
16 installments • 81%
About Me
My names are peter mungai am 30yrs old and a father of two,I was born at kabati muranga county in Kenya,went to school at mukereju primary school where I finished class 8,I then joined mukereju secondary and finished at o level,and due to lack of finance my parent couldn't manage to raise college fee for me to continue with further studies.
After school I started fenching water with my father donkey and supplying it to the
sorrounding neighbors and these because in my village there is only one seasonal river
which is very polluted, with that there ready
market for clean water in the region.
With my humble saving I managed to save a small amount of money and relocated to thika town where I started a small business of selling mobile phones accessories.
My free time I usually visit children homes and elderly home to encourage them life hope
My Business
I buy and sell mobile phone accessories from distributor's who are located at Nairobi capital city where I buy at whole sale price and sell at retail price.
This business is very lucrative as there is high demand of this product due high population of thika town as 80% people have mobile phones
This business can grow more and also satisfy my client if i get a lending hand but due to inadequate fund to boost my business to fulfill my goal of being a wholesaler.
With profit I earn I use it to earn living with my family and to pay school fees for my children.some I reinvest in my business.
Loan Proposal
Dear lenders am grateful for giving this opportunity to borrow in your platform, if am granted this facility these how i intend to utilize it.
1- battery BL 4L @4.5$×5pieces=25.5$
2-charger Nokia [email protected]$×10pieces=3.4$
3-Charger original smart phone 3$×10pieces=30$
4-flip cover sumsung [email protected]$×10=15$
5-face assorted [email protected]$×100=28$
This will cost me 100$ and with that i will creat profit magin of 30percent .
thanks for your generosity.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Dec 29, 2015
Repayment status
On Time
Projected term
3 months
Lenders
United States
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