To expand my electrical supplies & hardware store
James
Irigu-ini, Kenya
101% paid forward
Entrepreneur
Name
James
Member since
December 2015
On-time repayments
416 installments • 90%
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
I have been able to grow in business since i started my supplies store by the help of your funding.
I wish to expand further and achieve more. Hardware materials are in much demand and my plan is to stock different construction materials and sell per piece and also in kilograms according to customer demand. My plan includes taking orders and supplying to small construction sites to start with.
This expansion will increase my profits and savings and also with time an extra job to a delivery person.
With the loan i will stock the following;
CEMENT 50BAGS 250USD
WELDING RODS 5PKTS 45USD
BUILDING NAILS 5BAGS 300USD
WHEEL BARROWS 3PCS 75USD
CUTTING DISCS 5DZN 100USD
GRINDING DISCS 5DZN 120USD
ROOFING NAILS 2BAGS 200USD
ASSORTED PPR PIPES 450USD
ELECTRICAL CONDUITS 200USD
PRESSURE PIPES 250USD
ELECTRICAL CABLES 500USD.
I humbly request for your funding so i may be able to achieve higher goals.
Thank you.
Feedback
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Project Info
Project Type
Pay It Forward
Disbursed amount
$2,218.00
Date disbursed
Nov 30, 2021
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Mary Nov 14, 2018
camilberlin Mar 19, 2017
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