Buy pipes to resell

Robert Mugo

Mishomoroni, Kenya

100% repaid

Entrepreneur

Name

Robert Mugo

Member since

July 2016

On-time repayments

87 installments  •  69%

About Me

H I am Robert 37 years old and a father of one kid. I am a businessman in operating in Mombasa town where I relocated 7 years ago from upcountry. I sell hardware materials mostly construction materials in an open air market here in Mombasa. My clients are mostly artisans who work in numerous construction sites around town.

I was born near Mount Kenya - the second tallest mountain in Africa. It is a very cold place (by our standards) with many rivers meandering from the mountain. I was born in a farming community where rice and coffee are produced in plenty.

The main challenge of this area is over-population where the land has been sub-divided into very small parcels which are no longer viable. For this reason, I had to look for greener pastures elsewhere to give room to my younger siblings.

My child is a two years old and as such she we cannot tell what she will be in future.
I am currently doing a course in Web Development and hopefully I will change my career soon or dabble with both.

My Business

I started this business with nothing more than a dream. I started by hawking small items such as match boxes, toothpicks etc from door to door. With hard work and serious savings, I was able to buy my first stock of hardware materials in after one year. I started by selling electric cables and wall sockets. The business was slow at first because I was doing it in back streets of the city where crime was very high.

I however managed to move to a better neighborhood where I am still running the business.

My normal day entails buying the hardware materials and then retailing them from my outlet. I also buy used hardware material like pipes and electrical cables from people who demolish old houses.

I have had some lucky instances where I have been asked to provide items to learning institutions. Zidisha has come in handy to finance such projects and this has accelerated the growth my business significantly.

I like this job because it gives supports my family. I am optimistic that with credit from Zidisha, I will be able to get more business and hence increase my profitability.
Ultimately, I'd like to open a big store where people will come for far and wide to buy my stuff.

Loan Proposal

I will buy water pipes with this money. I normally sell these water pipes to people who are in construction industry and also to farmers who do irrigation for their crops.

I am sure this boost will help my business grow to even greater heights.

Thanks.

Feedback

2

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$63.00

Date disbursed

Dec 31, 2016

Repayment status

On Time

Projected term

3 months

Lenders

K

keithlaycock

United Kingdom

MC

Mike Collura

United States

NM

Nitya Marepally

San Ramon, CA, United States

CD

Cathy Droz

United States

A

Ari

United Kingdom

VC

Victor Chong

United States

KA

Kate Aracri

United States

KS

Kapil Sawlani

United States

HD

Hardik Desai

United Kingdom

BE

Bob Ewing

United States

JD

JASON DORSETT

United States

AB

Andrew Bent

United States

BP

Bill Piper

United States

E

Ejvin

United States

Dave Magnan

Québec, Canada

AD

Amy Dinh

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Robert a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...