Electricals & plumbing stock for hardware store

James

Irigu-ini, Kenya

Expired

$952 to go

57% funded of $2,218 goal

0

days left

Entrepreneur

Name

James

Member since

December 2015

On-time repayments

396 installments  •  92%

About Me

I am the second born son in a family of four. My younger two siblings are girls whom we used to cook for with my older brother as our parents went to work.
I was brought up in a tiny village Central Kenya, Mount Kenya region.I started basic education in a local school and cotinued to primary education. As young boys i recall as we went swimming in a river that flows down deep ridges and our parents got worried very much.
Later i went to Thika town for my secondary education at Thika High School.
Later i went to study Aircraft Maintenance course in our city Nairobi at Wilson Airport and got a certificate in engine & airframe.While there i also studied Electrical science. I got employment in a local maintenance firm that later collapsed. From there i started vending fresh vegetables at Wangige Market near our city Nairobi.
At Nairobi life wasn't easy at all. At some point i decided to live in the slums because good rooms were so expensive to rent. So i moved to Dandora slums. I even went a step further to walking half distance to work and half by bus to save some cash.
In early year 2015 i felt it was time to be an entrepreneur because i was still struggling for my needs. I had enough skills so retreated back to the village where my Mum gave me a small room to establish a workshop at home. Life was so hard trying to establish myself until ZIDISHA came to my rescue where i got a loan to rent a big workshop in our local shopping center where i have grown steadly. Thanks to all Lenders.
Every year i pay 70 USD to our local county authority for business licence and a monthly rent of 70 USD. I also pay 170 USD per week to wages of my employees.
I do re-invest my profits in my business, support to my parents and my siblings,also community projects contributions and also buying construction materials for a rental house i keep on developing and adding more units. I also support two elderly women who are about 100 yrs old by visiting them regularly. Of late am also supporting an old Man, a war Veteran through food stuff. I love caring for the needy.

My Business

My business operates under the name Jaycobs Electric & Building Services. I operate a workshop and a sales section where we sell electrical fittings, lightings, conduits, electronics repair, and offer consultations.
In the workshop we do electrical and electronics repair, mechanical repairs and installations.
In average we make a monthly profit of 700 to 900 USD.

Project Proposal

Having an already operating business that i started through the help of this platform i have been well exposed and mostly to the much growing building and construction sector here in Africa.
I have a plan to start doing deliveries to construction sites whereby i will employ one more person to make those deliveries and also source for orders. As per now i have a few orders to a small construction that is about to begin.
With the funds i will stock Cement, cutting blades and discs, grinding discs, spades and more tools, water proof cement ,assorted pressure pipes, waste pipes, electrical conduit pipes and wheelbarrows.
I project this business plan will generate an extra KES 15000 to my business per month and provide employment to one more employee.

Feedback

2

None

None

  • Mary    Nov 14, 2018

    James is an excellent Zidisha Borrower. He sets a clear business plan and strives to fulfill the needs of his community. I recommend lending for his future loans!

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  • camilberlin    Mar 19, 2017

    Paid back full and on time, and let us know how he is doing. On top of it he is a volunteer mentor. Will lend again any time. Recommended!

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Project Info

Project Type

Pay It Forward

Amount requested

$2,218.00

Backers

Nancy

Mwotot-kapenguria, Kenya

Daniel

Ngong, Kenya

Kipruto

Kabarnet, Kenya, Kenya

Christian

Accra, Ghana

George

Nyandarua, Kenya

Dickson

Laboret, Kenya

Nicholas

Nairobi, Kenya

Jonathan

Nairobi, Kenya

Sunday

Lagos, Nigeria

Wilfred

Kisii, Kenya

Ebenezer

Accra, Ghana

Mary

Accra, Ghana

Uwumborgah

Atebubu, Ghana

Florence

Santa Maria, Ghana

Samuel

Cape Coast/brafoyaw, Ghana

Dorothy Ngosa

Lusaka, Zambia

Evans

Kericho, Kenya

Carren

Eldoret, Kenya

Malvis

Narok,kenya, Kenya

Kevin

Kisumu, Kenya

Shellemiah

Nairobi, Kenya

Lilian

Takoradi, Ghana

Dorcus

Nairobi, Kenya

Aku

Osino Districts, Ghana

Prince

Accra, Ghana

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