Buy and introduce sale of smartphones

Entrepreneur

About Me

My name is Michael Kihungi Makumi, age 27, a Kenyan citizen, Single with no kids, I come from a family of four boys (no girls - ouch!), I am the second born...with both parents alive and well. I did my Kenya Certificate of Primary Education, later on progressed to Secondary school where I cleared and passed my O level exams, I was lucky enough to go through collage where I did a Diploma in Computer Studies. Business wise I have previously been employed by an agricultural firm called Kenya Agricultural Research Institute as a casual laborer working in the computer labs, later on I got greener pastures whereby I got new employment still as a casual laborer at the ministry of health Nakuru County in Kenya, still working in the IT department whereby my duties were to make sure all the IT systems were up and running at all times, send a monthly report at the end of each month to the ministry of health sub county offices, orient new staff to the hospital computerized system etc. things were really working out for me here but as the government of Kenya requirements, after three months casual laborers are laid off so as to apply a new...since after three months of employment, according to Kenya government employment act, after three months it would be termed as permanent employment and this was not the case....I got frustrated and with whatever I had saved and raised while still working there, I decided to open my own business at our local town, I am currently working here now whereby I deal with computer repairs, mobile phone repairs, sales of memory cards, CCTV camera installation, troubleshooting and diagnostics etc. Recently I was fortunate enough to get employed by a medical firm called eastern deanery aids relief program as their health management information systems officer, on a yearly contract basis, it deals with taking car of people living with HIV and aids by providing comprehensive care through out their lives for free. the program is funded by CDC and PEPFAR. It not paying but the satisfaction I get when I contribute to making lives of people living with HIV/AIDS better, its payment enough. throughout this journey of self employment, Zidisha has really come through for me especially by financing my projects to buy gadgets to ease my working conditions and to attain profit margins since now I do not have to hire equipment to do my work, I have my own. as a volunteer mentor, I thank God for Zidisha, and I will always be in dept to all my lenders and those who have always come through for me. I also do love doing charity work, helping the needy and visiting the sick as a Community Healthcare Worker, I do enjoy traveling especially going for game drives at our local national parks, playing mobile phone games (addict hehe) and listening to good meaningful music . thank you

My Business

My business is an all round I.C.T shop that deals with both computer and mobile phone repairs, servicing and maintenance, CCTV Camera installations to interested clients, sale of memory cards, flash disks, mobile phone chargers and batteries etc and recently through the help of Zidisha and my beloved lenders, expansion of my business and introduction of a medium size cyber cafe and computer tutoring classes consisting of four computers, two funded and bought through my generous lenders. Zidisha has really helped me a lot, I can never take it for granted. Through Zidisha, I have also been able to buy a full CCTV installation kit, a cordless drill and two more computers for my cyber cafe and computer tutoring classes. I would like to take this opportunity to thank you all so much for your continued support, this great level of kindness that you show me and my business ventures will never go unpaid, I thank God for all my dear lenders and also the Zidisha Team and may He bless you all with the blessings of Abraham. Shalom!

Loan Proposal

Dear Lenders, this is to let you know that I would like to introduce and start a smartphone selling business in my already functional shop, we are currently moving into a digital world where smartphones are becoming more and more of a basic need and necessity, thus the demand for mobile smart phones especially those that run the android operating system. For a start, I would like to purchase 15 smartphones from a wholesale dealer in the capital (Nairobi) . One smartphone goes for around 3500KES or 33.73USD each, bringing a total of about 52500KES or 5060USD for purchasing the 15 smartphones. After I have stocked up, I intend to sell each smartphone on retail for not less than 5000KES or 48.19USD or even for a higher price depending on my negotiation skills of the day realizing a profit merger of roughly 1500KES or 14.46USD per and even higher depending on the retail price secured. This is a good business venture and I am 100% positive it will bring about profits in my business. Furthermore, most of my regular clients keep on asking why I have not moved into the smartphone selling business already, The profits earned will be used to pay back the loan alongside support from my other businesses and my own personal salary. Once my stock has been depleted, I will plough back by buying new stock and make sure that the business keeps on running all thanks to your support and funds. I would also like to add that I am aware of the importance of paying back my loan on time, so my dear kind lenders, reach deep into your pockets and fund my loan, as a volunteer mentor, I will make sure I pay back to the last coin. Thank you so much and God bless you all always for coming through for me. Shalom!

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