Purchase of mobile phones spare parts & accessories

Simon

Thika, Kenya

100% repaid

Entrepreneur

Name

Simon

Member since

August 2015

On-time repayments

89 installments  •  80%

About Me

Hallo,i'm Simon kuria from Kenya iam 27 yrs,iam not married,I stay in Thika town starehe estate.I'm raised from a very humble family where i'v 5 siblings and iam the last born in our family.I started casual labour works at rural home after my secondary school where by i was paid ten dollars per month and with my little savings I managed to safe some money and payed a course at my friends workshop of mobile phone repair and after hardwork he employed me.After working for three years I managed to open my own shop in Thika town where by I started phone repairs,and accessories which I have planned to expand if I can get money from any source.

My Business

in my business,i offer mobile phone services and repair,I choose this service to people because in my town most people are less fortunate and when their phone developed a problem not all manage to buy new ones so most prefer to repair the one they have according to their finance capability.
I also sell mobile phone accessories where i buy my stock at wholesale price in capital city Direct from wholesalers at cheap price which enables me to sell them at a reasonable price which makes my customers love my work because of my good price I offer.
The reason why I choosed this kind of job is the town is highly populated and almost everyone owns a mobile phone and according to my experience and skills.
After my monthly transaction balance,i take some of my profit to buy foodstuffs for my parents,and sometimes I visit orphan children's home which are very many in this town.
I will appreciate zidisha loan since it will improve my business in terms of stock and hence help me meet the rising demand of my customers.

Loan Proposal

Dear lenders thank you for giving me these opportunity to borrow in this platform. my business entails in buying and selling mobile phones accessories and repair of mobile phones
If granted this loan I intend to purchase:
1)5Nokia lumia 520 touch screen@ USD 5=USD 25
2)universal mouth piece 200 PC @ USD 20, 3)phone covers for common phones 10pcs@ 20 dollars
4)phone earpiece 100 PCs @30 dollars
5)common phone chargers 40pcs @ 40 dollars.
The remaining dollars I'll use as transport.This stock of accessories and spares will raise my profit margin to 40% since most of the stock I sell at double price.
Thank you in advance for your support i promise to be faithful in repayment,God bless you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Sep 27, 2015

Repayment status

On Time

Projected term

3 months

Lenders

PG

Paul Graham

United States

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