Loan to travel to buy more stock for my mobile-money business

Richard

Thika, Kenya

100% repaid

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

The amount will be enough for travel expenses to buy more stock in the capital. It costs 200 shillings to and from the capital from where my business is located. 150 shillings will carter for the carriage charges via piblic transport for the stock that i will buy. Part of it will also be used to pay my electricity bill for my shop.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$8.00

Date disbursed

May 31, 2017

Repayment status

On Time

Projected term

8 weeks

Lenders

ibc123

Seattle, United States

alecors

Mexico, Mexico

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

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