Loan for Walkie-Talkie accessories to sell

Purity

Nairobi, Kenya

44% repaid

Entrepreneur

Name

Purity

Member since

October 2018

On-time repayments

41 installments  •  71%

About Me

Greetings,
My name is Purity Gacheru, a Kenyan from rural Nyeri County but I work and live near Kenya's Capital - Nairobi. A few years ago I worked in a Bank within the city but unbelievably for me - one morning we found that the Bank had been closed (collapsed)...and down went my job and my savings which I was saving in the same bank for over 9 years. It has been years but I could not just 'wait to see' if I will get my money out sooner. It has still not happened, but I did not go down with it...

My Business

..I have since dusted off and managed to set up my own small business. I buy and sell 2-way communications gadgets, (mostly Walkie Talkies bought from major sellers). Over a short period I have found out that Walkie Talkies are very useful and handy for institutions such as schools, godowns, supermarkets, etc; event organizers and sports events. Most people appreciate the quick way to communicate and also no airtime top ups and no network problems - Just press and talk.

My desire is to be able to stock up and have a good base for supplies so as not to lose a customer and also avoid giving them days or weeks of lead time for delivery. As the market trends move, I definitely will embrace the new technologies in the market to keep pace with the ever changing telecommunication industry.

I AM REALLY GRATEFUL TO HAVE FOUND ZIDISHA.
Thank you ALL.

Loan Proposal

I wish to use this loan for re-stocking for my business to buy accessories for Walkie Talkies, such as batteries, connectors and antennas. These accessories I will re-sell at a profit to keep boosting my business.

It is a critical time in life and for businesses and some require very urgent interventions. We have found a major requirement for quick communication by various companies and groups and the two-way radios have proven to be very handy and reliable. Additional stocks is very critical at this time, and given that it is taking quite a while for supplies to be received we need to take some measures to get more items - hence the need to re-stock whenever possible. Looking forward to success in this application.

Income Source

The volume of sales in my business has gone down in the current economic climate, but it is not out. I will get money to repay the loan from the sales from equipment and also more from Repair Jobs and Preventive Maintenance Services which has really come in handy under the circumstances where many are opting to go for repairs of exisiting items wherever possible.

Feedback

4

None

None

  • don macdonald    May 3, 2019

    Just been in touch with Purity where she explained her business operation. We are just in the process of exporting simple electronic tools and some supplies which will help her business be a little more dependable & assist in her day to day operations. Stay tuned

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  • Katie    Apr 10, 2019

    Will lend to Purity again.

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  • Joshi    Mar 5, 2019

    Prompt payments. Purity not only posts updates here but tries to help others on the Forum too. Just made contribution third time to her load applications.

    Log in to reply • Share
  • Nico Robin    Dec 19, 2018

    Good job!

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Loan Info

Project Type

Classic Loan

Disbursed amount

$198.00

Date disbursed

May 14, 2021

Repayment status

Late

Projected term

3 months

Lenders

MarktheMormon

Sandy, Utah, United States

B

bmkahora

United States

Laurie

United States

Emma

Australia

AV

Alex Victor

Scottsdale, United States

D

Dave

Dropmore, Manitoba, Canada

Stefan Koshold

Mülheim, Germany

Jochen

Switzerland

KM

Kirk Moore

Cerdanyola del Vallès, Spain

B

Barbra

United States

W

wisdom2080

Fullerton, United States

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

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Summary

Amount repaid

$87.01

Amount remaining

$111.06

Expected completion

Aug 14, 2021

Status

Repaying late

Installment amount

$7.62

Repayment History

Expected Payments Actual Payments
May 22, 2021 $33.01 May 22, 2021 $33.01
May 29, 2021 $33.01 May 31, 2021 $4.43
Jun 6, 2021 $4.21
Jun 12, 2021 $7.62
Jun 19, 2021 $7.62
Jul 10, 2021 $9.13
Jun 5, 2021 $7.62 Jul 10, 2021 $1.50
Aug 16, 2021 $2.66
Sep 25, 2021 $2.66
Sep 30, 2021 $0.81
Jun 12, 2021 $7.62 Sep 30, 2021 $0.97
Oct 9, 2021 $1.33
Jan 29, 2022 $2.21
Jun 17, 2022 $3.11
Jun 19, 2021 $7.62 Jun 17, 2022 $5.75
Jun 26, 2021 $7.62
Jul 3, 2021 $7.62
Jul 10, 2021 $33.01
Jul 17, 2021 $33.01
Jul 24, 2021 $7.62
Jul 31, 2021 $7.62
Aug 7, 2021 $7.62
Aug 14, 2021 $5.07

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