Entrepreneur
Name
Richard
Member since
March 2017
On-time repayments
16 installments • 81%
About Me
I am a small business person running a mobile phones and accessories shop in my town. I obtain my merchandise from large scale wholesellers and sell it at a profit in my town. I have recently expanded my shop to include other electronics such used laptop computers and computer accessories as well
My Business
Currently Iam running a mobile phones and accessories shop in my small town 100miles from the capital. I obtain this stock from wholesale distributors who are mainly in the capital city-Nairobi. I do this at least 3 times a month or depending upon how fast the products go. I sell cheap and affordable handsets and related accessories, as well as high end ones.
Loan Proposal
I will use this loan to pay for my transport costs to and from the capital city where i will go to purchase the stock/inventory. My fare to the city will be about Kes 100. I will then spend about, Kes 300 traversing through the city shop's to find the best supplier for my goods. I will finally spend about Kes 300 travelling back and transporting my stock using public transport
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$8.00
Date disbursed
Jul 12, 2017
Repayment status
On Time
Projected term
8 weeks
Other loans
Lenders
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
Ask Richard a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.