Mobile phone chargers and batteries for a mobile shop
Tom
Kitui, Kenya
$0 to go
100% funded of $17 goal
0
days left
Entrepreneur
Name
Tom
Member since
March 2017
On-time repayments
6 installments • 0%
About Me
I was born In a poor family of 9, lost my parents at age of 9, the free primary education helped me get to class 8. I passed my kcpe exams and I was helped my church and well wishers till I managed to form four... since there was no money for for university I had to work in a quary during the day time andl burn ccharcoal during the night so as to help in raising my siblings at home and save something to start a business... After some years I started selling phone accessories having saved some capital from quary and charcoal business... The accessories gave birth to phones and electronics shop and hoping to go far. I love listening to music and traveling.
My Business
Currently am running a phone and electronic shop..the digitalisation in our country has created a big desire for new phones and electronic appliances hence giving me a big business opportunity.
I pay a single business permit of 3,500 per year, monthly rent of 4,700, electric bill ranging between 1500-2500,
I use the profit I get to educate my younger siblings, paying for their school fee and providing for them.
Loan Proposal
From the first 16 USD I'll buy 5 chargers @ 1.2 usd and 5 batteries @1.7 usd. Selling each at a profit of 1.1 USD I'll make a profit of 11 splats within a month.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$17.00
Date disbursed
Apr 4, 2017
Repayment status
Late
Projected term
6 weeks
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