My business deals with electronics. I purchase electronics supplies, spares, phone accessories at a wholesale and sell them to consumers. I have some knowledge on electricals since i learnt to stay busy in my dads shops in Mombasa during holidays and am very good at pricing so this isn't something very new to me, so i decided to do the same on a different town under my own business name having known the different dealers he used to access his stock and evaluating for the cheaper ones i could rely. It is also a similar business I once wrote on my campus Business Project subject with all requirements of a project. Though i now cannot utilise the copy both on hard and softcopy since that was a larger scale one as compared to the one i am running and had a huge management scheme and capital startup compared to this one i started, with the little capital i raised. But its God grace it will one day grow to what i wrote on paper.
The reason as to why I applied for a Zidisha loan is to help me improve on what i started. I intend to purchase more stock like conduit pipes, cables, bulbs that is in great demand due to many people in this town carrying out wiring installations on a daily basis. The goods will
vary for a startup. With the profit i make i will be able to repay back my lenders for a ggreater credit limit and since I have no much dependancy on me my biggest goal is to take this business to a self sustaining level and even start on home appliance, and do wholesales too
My business deals with electronics. I purchase electronics supplies, spares, phone accessories at a wholesale and sell them to consumers. I have some knowledge on electricals since i learnt to stay busy in my dads shops in Mombasa during holidays and am very good at pricing so this isn't something very new to me, so i decided to do the same on a different town under my own business name having known the different dealers he used to access his stock and evaluating for the cheaper ones i could rely. It is also a similar business I once wrote on my campus Business Project subject with all requirements of a project. Though i now cannot utilise the copy both on hard and softcopy since that was a larger scale one as compared to the one i am running and had a huge management scheme and capital startup compared to this one i started, with the little capital i raised. But its God grace it will one day grow to what i wrote on paper.
The reason as to why I applied for a Zidisha loan is to help me improve on what i started. I intend to purchase more stock like conduit pipes, cables, bulbs that is in great demand due to many people in this town carrying out wiring installations on a daily basis. The goods will
vary for a startup. With the profit i make i will be able to repay back my lenders for a ggreater credit limit and since I have no much dependancy on me my biggest goal is to take this business to a self sustaining level and even start on home appliance, and do wholesales too
with the help of the loan from my lenders. I will be able to obtain stock at a wholesale and stock them at my investment and sell them at a retail hence obtain profit which will help in obtain more stock forthe business.
With the help of the loan i will travel to Nairobi and purchase electrical goods at a wholesale price which is more cheap.I will be cautious to obtain goods with a wider variety of customer need hence making it easier to sell up more quick and obtain profits. one good thing with electricals is that they never go bad.
Flourescent tubes 17$
bulbs 14$
mobile chargers 20$
sockets 12$