Inventory for electricity accessories

Entrepreneur

About Me

I James Omwega Kenanda, was born in Kisii County, Kisii South District, Suneka Division, Bogiakumu Location, Bomwanda Sub-location, Kenyambi Village,I was born on 1976, I went my Primary Education and completed in the year 1993.

I joined my secondary Education at Matongo Boys High School in Nyamira county and completed in the year 1998 and later the year 2002 I started my Shop Business in Migori County up to the year 2008. In my business was growing up well and was making about Kenyan Shilling 6000 in a monthly profit.

My Business

I started Electrical Services Business in the year 2013 after My shop business was burnt down and was displaced after Election Violence in 2007-2008 I came back home and joined Gusii institute of technology from 2011 to 2013 and when I graduated I started my own business electrical installation Services both commercial and residential building and others that goes with electrical Engineering. My customers prefer my business services for my professionalism, consultation and also I sell them genuine Electrical materials and I Install for them too. My Business has challenges too since it is young and growing, some customers do not pay in time and others sometimes do not pay as they give fake excuses of paying and get loses of loosing time following up debts. Yes my Business has started making good profits but am also looking for ways that can enable me to increase my stock of electrical materials as currently am operating from an open market but soon i want to rent a premises in Town as am currently waiting for a premise under construction.

Loan Proposal

Hi to the lenders and the management team, I am send my warm regards and greetings to you all.
I am very much thankful for your loan support that helped me to achieve in my business this far and hope through your support I will be very much far by the year 2023.
My proposal budget will be as below:-
sacket breakers,
main switches,
lamp holders,
meter boxes,
switch gears,
junction boxes
1.5 East African cable for lamps
2.5 East African Cable for Sockets

Total Estimated Budget KES 68,900
Transportation Charges KES 2500
Accommondation KES 3000

Total in KES 74,400

Total in USD 779.284

I will be able to make a profit and also to enable me repay my zidisha loans in time.

Regards

James Omwega

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Loan Info

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