Partition in my stall

Samuel

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Samuel

Member since

April 2014

On-time repayments

103 installments  •  70%

About Me

I was brought up by a single mother, after sitting for my KCPE(was kept in school by well wishers), my mother was unable to take me to college. I had to do odd jobs like helping people with their baggage, at bus stops, to raise enough money to pay for a mobile phone repair course. this has helped me open a small stall where we repair phones and other electronics. we also sell various accessories. when am not working I like reading electronic eBooks on my computer.

My Business

My business is a stall where mobile phones and related electronics, mostly domestic are repaired. we also stock related accessories like mobile phone chargers, batteries, covers and housing cases. due to the technology growth rate in Kenya, I believe these are gadgets with high demand. since I was a kid, I have always had passion for electronics and hence the choice. Am also planning to seperate the accessory shop and the repair shop, to enhance working environment. In this business the typical costs are, stall rent, local authority permits wages for the technicians and utility bills like electricity. the business also caters for my family, one wife and a kid. currently am not paying any school fess, since my kid is a toddler but am sure in future I'll, hence the need to expand the business. i see this business as a pillar for my family.

Loan Proposal

Am lloking for some money so that I can make a partition on my stall to seperate the accessory shop and the repair shop. The accessory shop is now taking shape with some stock, and I feel there is need to run it seperately from the repair shop, This will cost about 70 dollars. I can also add a few working tools in the repair shop, this will cost about 50 dollars . Am doing this to enhance the working enviroment of my work colleagues and myself. I also see it as attractive to our customers. This will help enhance working which as a resjlt will have an impact on the business profit by about 5-10 percent.

Feedback

7

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Loan Info

Project Type

Classic Loan

Disbursed amount

$122.00

Date disbursed

Mar 3, 2015

Repayment status

On Time

Projected term

7 weeks

Lenders

T

thebonseung

Republic of Korea

F

Fleurnegra

United States

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Summary

Amount repaid

$123.32

Amount remaining

$0.00

Date repaid

Apr 25, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Mar 15, 2015 $17.62 Mar 14, 2015 $17.62
Mar 22, 2015 $17.62 Mar 21, 2015 $17.62
Mar 29, 2015 $17.62 Mar 28, 2015 $17.62
Apr 5, 2015 $17.62 Apr 4, 2015 $17.62
Apr 12, 2015 $17.62 Apr 11, 2015 $17.62
Apr 19, 2015 $17.62 Apr 18, 2015 $17.62
Apr 26, 2015 $17.63 Apr 25, 2015 $17.63

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