Selling hardware / home improvement supplies
Brian
Kericho, Kenya
100% repaid
Entrepreneur
Name
Brian
Member since
December 2014
On-time repayments
92 installments • 66%
About Me
I am Brian Kipngeno aged 22 years old.I live in Kericho County at a place called Chepnyogaa village.I stared my business of hardware in the year 2012.I stared it because there was high demand of hardware equipments like paints,wheelbarrows,cement,reinforcement wires and many more.Since am still learning, the earnings from the business i use some to pay my fees and some to expand my business.i also pay rent and pay fees for my young sibling who is in class six in a private school.
My Business
As i have said that i operate in a hardware at Kericho town near Kericho industrial suppliers.Our motto is that NEVER SELL GOODS ON CREDIT.We sell our products at a fair price that makes our customers came back each time they like.There is a lot of competition in town since many people have discovered that there is enough income in this business but mine thrives well because of services i offer to my customers e.g transport system.My business generates up-to 250 USD to 150 USD profit per month. This use to pay my fee and use some to expand my business by opening other branches hence providing employment to others to help me run my business hence improving their living standards.
Loan Proposal
When i receive the loan,i will be able to increase my stock that is buying more crown paints,iron sheets nails and many more for my hardware.At the moment i have seen a high demand in the goods i have mentioned above so am planing to add more stock to my shop.I will use 100USD on cement and window paints.The remaining i will use to augment my business and pay my bills.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Dec 18, 2014
Repayment status
On Time
Projected term
7 weeks
Other loans
Lenders
Maputo, United States
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