Inventory purchase

Jonah

Juja, Kenya

100% repaid

Entrepreneur

Name

Jonah

Member since

July 2017

On-time repayments

2 installments  •  0%

About Me

I was born in Nyanza Province in Kenya for that's where my mother used to work but we later re-located to the Central Kenya. I underwent the Primary, Secondary and University Education all with hardships due to financial problems in my family.

After the secondary education, I enrolled myself to a job so as to sustain my upkeep and not bother my single parent as there are two more siblings after me.

Being the first born in my family and without a father, growing up has been a challenge but i have been focusing to brighten my future for the sake of my family and other kids who have grown like i have.

I later joined the Jomo Kenyatta University of Agriculture and Technology to pursue a Diploma in Information Technology in January 2014 and completed the course in November 2015.

While in the university i was in the *Boda Boda* business having hired a bicycle to carry passengers for the short distance travelers e.g from the hostels to the university or to their friend's place. This way i would get a little of cash to get two meals a day.

After completing my University education, i left the institution with a fee balance which i plan to repay as my business grows.

After my studies my lecturer employed me in his firm and that way i acquired a little capital to kick off my own computer, laptops, phones repair and sales shop in the same area as my University because of the higher market.

My Business

My company is FLECHA TECHNOLOGIES LTD and is actually registered by the KENYA REGISTRAR OF COMPANIES and PVT-WEYU9M being its registration number.

I set up the shop in the same vicinity as university because of the high demand for my products and services. I do repair computers, phones and laptops while also selling them.

The students use these products for their studies and they often breakdown thus making our services handy.

I have one employee and together we offer meet the students' needs like no one else does for committed we are and from humble backgrounds we have come from.

We do gross about Kshs. 140, 000 in 6 months.

We have been re-investing the profits for a startup we are.

Loan Proposal

I will fill the empty spaces in my shelves by buying some products. I will buy two 2GB Flash Disks which are a quick sale. I will buy the two at Kshs. 450 and sell them at Kshs. 1000.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$5.00

Date disbursed

Jul 30, 2017

Repayment status

On Time

Projected term

2 months

Lenders

PG

Paul Graham

United States

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

Loading...

Summary

Amount repaid

$5.19

Amount remaining

$0.00

Date repaid

Sep 27, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Sep 24, 2017 $4.94 Sep 27, 2018 $4.94
Oct 24, 2017 $0.25 Sep 27, 2018 $0.25

Loading...