Purchase of watches for resale

George

Mombasa Kenya, Kenya

100% repaid

Follow George How it Works

Entrepreneur

Name

George

Member since

February 2020

On-time repayments

84 installments  •  73%

About Me

My family and I live in Mombasa Kenya where I operate a small business. I have two kids , a boy and a girl. Before starting a business , I was in formal employement for more than 10 years . Since I worked far away from my family, It meant that I could not see my family for long periods of time. My starting a business has helped me bond with my children since I get to spend more time with them. When I am free, I like playing with my kids, watching documentaries and interacting witn people.

My Business

I operate a small business in the coastal city of Mombasa in Kenya. Over the years, the business has grown thanks to the support of our loyal customers.
We sell all kinds of gift products , ranging from Toys, Watches, Wall decorations, Sunglassess, jewellery to name but a few.

Loan Proposal

I would like to increase the stock of cheap watches in my shop. Of late there has been an increase in demand and variety. I will use the money to ensure that i avail the same to my clients. I will purchase approximately 160 watches each costing 160 shillings. Each is capable of giving a return of 200 Shillings hence making an estimated profit of 32000 shillings.

Income Source

Besides selling watches, i also retail refurbished computers as well as doing repair and maintenance of the same. This additional income generating activity will enable me to comfortably clear the loan

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$247.00

Date disbursed

Sep 24, 2020

Repayment status

On Time

Projected term

5 months

Other loans

Feb 2020:  $15

Feb 2020:  $24

Mar 2020:  $59

Jun 2020:  $266

Nov 2022:  $299

Mar 2023:  $342

Jul 2023:  $333

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A

AndrewC

London, United Kingdom

O

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Evan Lamos

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sderickson

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meryn

The Hague, Netherlands

C

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B

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Kevin

San Francisco, United States

I

Ian

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TH

tom hd

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Carla

Amsterdam, Netherlands

AH

ajay hampapur

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I

isaac

United Kingdom

TS

Tammy Schneidler

United States

Sinan Taifour

Munich, Germany, Germany

Ren

Minneapolis/StPaul, United States

L

Lucy

Australia

JA

Joshua Axtell

United States

JF

J Fister

United States

E

EJOBIV

United States

Remo

Switzerland

WV

Wouter van Buizen

Amsterdam, Netherlands

EB

Ernesto Bartels

United States

BQ

Brandon Quinn

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C

Camm

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DH

Daniel Hoepfner

Germany

alexalexalex

Berlin, Germany

DL

Daniel levy

United States

C

chellepaningbatan

United Arab Emirates

Andrew

United States

S

Swantje

Germany

B

Bram

Germany

Nathan

Columbus, United States

NH

Nicholas Homer

United States

N

nikko

Canada

R

Roman

Germany

RS

Ralph Smyth

United Kingdom

GF

Gammon Family

United States

MS

Michael Schwenger

United States

NB

Nikolaus Bührer

Karlsruhe, Germany

Angela Chu

Toronto, Canada

HC

Hamilton Chapman

United Kingdom

A

Anonymous

Germany

M

MaggieK

United States

JP

Brazil

AG

andrew gushiken

United States

JB

Juan Busco

United States

RG

Robert Gill

Sydney, Australia

MJ

Myles Johnson

United States

A

Anonymous

Germany

A

Anonymous

United Kingdom

J

John

Germany

CL

Caleb Liu

United States

D

Dan

Australia

AB

Andi Ba

Germany

R

Ru

New York, United States

MC

Mike Cormack

Vancouver, Canada

MM

Minnesota Microlenders

United States

C

Christian

Switzerland

GP

Gino Polverari

United States

Black and White Zebra

Vancouver, Canada

R

RyanP

Canada

Utahna

United States

PP

Phil P

Malaysia

Anonymous

Canada

DG

Daniel Gilbert

United Kingdom

DJ

David jim

United States

GG

Grace gland

United States

SG

Sonia Gilbert

United States

Ask George a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • George    Jul 20, 2023

    Grateful for your support in funding my business! Your belief in me means the world. Excited for what's to come!

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  • Peter    Jul 20, 2023

    Wish you good in your daily hustle, may God bless the work of your hands.

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  • David    Jul 20, 2023

    kindly work hard to be eligible for more funds

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  • James    Jul 19, 2023

    Good work

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  • Elizabeth    Jul 18, 2023

    all the best

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  • Noviandri    Jul 13, 2023

    Congrats Welcome to your business

    Translated by Google     Show original

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  • George    Jul 8, 2023

    I hope this message finds you in good health and high spirits. I wanted to take a moment to express my heartfelt appreciation for your invaluable support and funding that has played a pivotal role in the remarkable growth of my business and the significant improvement in our income.

    Since the inception of our partnership, your unwavering belief in our vision and dedication to our success has been instrumental in propelling our business forward. Your financial contributions have allowed us to invest in crucial resources, expand our operations, and seize new opportunities. As a result, we have achieved remarkable milestones and witnessed substantial growth that would not have been possible without your trust and support. We value this partnership and wish that it will grow to new heights.

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  • George    Jul 3, 2023

    I was away from Business Requesting to adjust the next installment

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  • George    Mar 27, 2023

    This is to say thank you to all my supporters. As initially stated, i will use the funds to invest in watches which will help me provide variety to my clients and boost my stock and profits . Thank you so much for making this possible.

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  • Stanton    Mar 20, 2023

    All the best sir

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  • Abraham    Mar 19, 2023

    All the best

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  • George    Mar 11, 2023

    This is to say thank you for your support . I was able to stock my shop with more wrist watches which have contributed to improved sales and profits.

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  • George    Dec 12, 2022

    The cash will enable me to buy 155 watches for resale. This will help improve my available stock especially this christmas season. I want to say thank you to all that have made this project a reality.

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  • George    Dec 12, 2022

    Thanks all for the support. The funds will be used to purchase cheap wrist watches for resale.

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  • Rebecca    Jul 30, 2020

    George said business has been down, he promised to resume making payments soon once business picks

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