Business expansion for the existing furniture store

John

Kayole, Embakasi Central, Kenya

Expired

$818 to go

24% funded of $1,074 goal

0

days left

Entrepreneur

Name

John

Member since

January 2014

On-time repayments

371 installments  •  78%

About Me

I Am a God fearing man who has a passion of helping the needy within the society, Am honest, hard working, social, adventurous and ambitious. i love farming, swimming, traveling, making new friends, going for hikes and road trips, learning new technology and skills, helping the needy through equipping them with business skills etc. professionally am a computer programmer who also does computer networking, web development, IT related consultation services and graphic design. apart from that i also do part time jobs like teaching basic computing skills to form four leavers in one of my neighboring cyber, i also do team building facilitation with a company called Motivation solutions. From these job opportunities i have managed to purchase a car that is currently operating as a town cab or taxi, i have also been able to rent a small piece of land that i use for agricultural search purposes

My Business

I Am an IT expert working with Bluegel Technology apart from my professional job i do have other side businesses that am working towards their growth and expansion. my source of income is derived from my IT job, a Taxi business that i run as a side job, my facilitation as a part time team builder and a small service charge that i get from training form four/ secondary school leaver computing skill in one of the neighboring cyber near my home. i would like to expand my taxi business by purchasing a 32 seater mini bus so that i could now venture into the public transportation business which is very much profitable, apart from that i would also like to venture into the agricultural sector since i also have a passion of farming and growing organic farm produce

Loan Proposal

i would like to increase my current business by purchasing more second hand items like TV sets, Radio System and Gas cookers
by budget is Kshs150,000 or ($1500) which i shall use to purchase the above item.
Most of my clients are asking for the above said items and from the business analysis that i have conducted for the last five months, i have been able to notice that these are the quickest moving goods that i have.

3 Tv Set Plasma screen 32" @24,000 = 72,000/
2 Sony Hifi music system @ 15,000 = 30,000/
2 Samsung gas cooker @ 13,500 = 27,000/
Transport = 5,000/

Feedback

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Loan Info

Project Type

Classic Loan

Amount requested

$1,074.00

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