Stock expansion

Gibson

Thika, Kenya

100% repaid

Entrepreneur

Name

Gibson

Member since

August 2016

On-time repayments

26 installments  •  38%

About Me

I am a young man who has a great acumen for business. I believe in acquiring loans and investing to create jobs for the ever increasing youth population.
I believe that when I acquire a loan and pay on time I do increase my credit worthy and as such I will grow financially and be able to invest greater in near future.
Thank you.

My Business

My business-by the name woncols enterprises -is a subsidiary unit of the PK technology situated in Kenya.
It's a sole business that offers quality guidance and knowledge transfer to our youths when they are purchasing electronic goods to ensure that our youths do not become victims of the compromised quality in the business of electronics.
I believe if quality is controlled then a country will achieve an overall economic growth.

Loan Proposal

I will purchase more bulbs to sell in my estate.

i Will buy each bulb at 55 kenya shillings and resell at 100 kenya shillings. So with the loan amount i receive i will be able to purchase 11 bulbs.

This will make me a profit of 11x45=495 and therefore i will be able to expand my stock in the next month.

Thank you as I look towards being considered.

My Videos

Jul 18, 2021: Me and self

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$6.00

Date disbursed

May 31, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

ML

Monty Lewis

United Kingdom

Sebastian

Andwil TG, Switzerland

Ask Gibson 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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  • Gibson    Nov 17, 2023

    thank u for the loan offer, good thank you, am so happy, thank you. thank ou again and again, thank you guys thank you guys

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  • Gibson    Mar 1, 2023

    Asanteni sana kwa kunisupport
    Success is our words
    Thamk you much!
    Business now starting this week

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  • Gibson    Feb 28, 2023

    Made a profit of 600 kes.
    It was a great project and am expecting to increase the revenue in the forth coming project.

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  • Gibson    Feb 23, 2023

    The project was a success. Earned 400 kes profit. I thank whoever funded the project. I will be able to increase my stock as well.

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  • Gibson    Jan 1, 2023

    I made a profit of 200 kes. As a result of selling the bulbs I purchased,

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  • Gibson    Sep 19, 2017

    hello there guys.

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  • Michael    Jul 24, 2017

    I have finally gotten in touch with Gibson Mwangi, after so many days of trying he has finally picked up my call, we have agreed that he is going to pay up the whole amount in three days time. I will be following up on the same. Thank you

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  • Michael    Jul 3, 2017

    Gibson Mwangi does not pick up my phone calls whenever I call him, I was then forced to call his community leader Stephen Macharia of whom stated that he wasn't aware that he had been put as a referee for Gibson, i explained to him all about Zidisha and he promised to assist to talk to Gibson so that we can have the loan repaid. I am still awaiting feebdack from him. Thank you

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  • Michael    Jun 28, 2017

    Hi Gibson, trusting you are well, kindly remember to pay your weekly premium because if you do not do so, it might negatively impact your credit score, thanks and good day

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  • Gibson    May 27, 2017

    I will buy energy saving bulbs at kes 55 per bulb and resell at kes110 and hence make a profit of kes55 per bulb.
    The profit will help me to repay back the loan so that i can qualify for more money in the near future.
    Thank you very much for offering to assist me.

    God bless you.

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  • TomF925    Nov 27, 2016

    I hope you are well. If business is slow, maybe contact Zidisha and decrease loan payments and add time.

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  • Gibson    Sep 19, 2016

    I recieved your loan and i am grateful for that.
    I am progressing well and i will make a full payment by the 25th of this month.
    Thank you so much again for your affordable loans.

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  • Gibson    Sep 6, 2016

    I will buy mobile phone chargers from a wholesaler then I do resell.

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  • TomF925    Sep 6, 2016

    Hello Gibson! I am wondering, do you think that solar lamps would be desired by the nearby rural communities? Perhaps it is a growth area for you. Some types of lamps can be used to charge mobile phones.

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    • Gibson    Sep 19, 2016

      I am reviewing that proposal and i am going to visit 3 rural areas of muranga county and conduct a survey to establish if occupants of the county can be willing for such products.

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