Capital for tissue paper distribution business
Brian
Mombasa, Kenya
54% repaid
Entrepreneur
Name
Brian
Member since
January 2016
On-time repayments
145 installments • 53%
About Me
my name is Brian maseki and a Kenyan citizen.I am the third born in a family of four.I was born in kitui county where I went through my primary school education.later I went to Maseno school in kisumu for my secondary school education and later joined Technical University Of Mombasa where I took a Diploma course in Electrical Power Engineering.
Am not yet permanently employed because I tend to love business and technical hustles more than office jobs
I started a small scale business in 2012 ,while still in university, whereby I sold memory cards and flashdisks at the institution. never had a shop but I dropped my contacts on every notice board around the institution premises.whenever someone needed any of my goods he/she would contact me.this helped me a lot to cope with life and enabled me to afford all the necessities by myself. have been doing this since then.But now I double it with my electrical skills.
I would like my children to grow up knowing and having business skills that would make them succeed in life.
I love electronics and I spend most of my passtime trying to repair house appliances.
My Business
I sell memory cards and flashdisks just in small scale,because I do it as part time.
always keeping a stock of at least 30memory cards and 20 flashdisks all the time.each memory card can earn me a profit of 150 KES-250 KES
And a flash disk 200KES-300KES
I do electrical installations and air conditioning as my profession.I have a diploma in electrical power engineering.
so my source of income mainly comes from the services I deliver in electrical installations.
I save the profits as I intend to start an electrical and electronic shop.and also use it for home improvements
After PLC Course I got employed in tissue manufacturing company as a machine operater,which has greatly added to my income.
Loan Proposal
I will use the money to buy tissue papers at x-factory price(I.e ksh.540 per bale)and sell it at ksh.620, that translates to ksh.80 per bale, in a good day when the business picks one can sell up to 600 bales a day.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$344.00
Date disbursed
Sep 28, 2016
Repayment status
Late
Projected term
27 months
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Lenders
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Jake Gibson and Beverly Picardo
San Francisco, United States
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