Boosting my business

Daniel

Eldoret, Kenya

35% repaid

Entrepreneur

Name

Daniel

Member since

June 2015

On-time repayments

96 installments  •  28%

About Me

I am called Daniel Maina ,I was born in the year 1969 in Uasin Gishu County .
Between the year 1976 to 1983 in Kamuyu Primary School..
and Between 1984 to 1987 I attended Arnesens high School in Eldoret.

After that I did go to the University due to lack of School fees but I opened up a workshop in the town of Eldoret which am doing to date.
Am married to one wife and two Children.the elder Son is 19 year old and has completed high School Education waiting the University this year September
the Second born is 'a daughter and she is in form three in in Kakamega.

The third born daughter is in class four in Eldoret town .
I started my own Business after I had worked for someone for two good .years and he paid me little money and I saved for a number of month .

Our unique culture is that after you have circumcised then you find your own thing to do.
My Children want to become Medical Doctors when they grow up.
My hobby is reading widely at free time.

My Business

I provide Electrical appliance to my customers in the town center
These goods are in demand because many people are building new houses day by day and the use of Electricity and Electrical appliances is on the rise ,in the town and i rural ares around .

I Chose kind of Business because I studied Electrical Technology in our High School so I had a lot of interest in the Business.

My typical cost and revenue 30,000/=Kshs .

I use my profit ;In School fees 40,000/=Kshs.

Reinvestment in Business 5,000//=Kshs.

Home improvement 5,000/=Kshs.
And Church also ]I give 2.000/=Kshs .
medicine for my sick father 2.000/=Kshs.

Loan Proposal

If given this loan amount I will buy Electric Cables at 180 Dollars for my Electrical shop .
This will give a double profit in this Business and others also will be employed in the same shop and hence giving them income in terms of salary .
My customers will also benefit from this in that they will get .
If this implemented Then I expect 50% increase in this Business.
God bless you for considering me again for funding.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$194.00

Date disbursed

Oct 20, 2015

Repayment status

Late

Projected term

20 months

Other loans

Lenders

A

andyfletcher

I want my "My loans" page back, Qatar

PG

Paul Graham

United States

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