Name
Stephen
Member since
January 2013
On-time repayments
12 installments • 8%
stephen njenga is my real name.i was born in 1980 at kapsabet nandi district which we called now nandi county.i started primary education in 1986 in kapsabet primary school and completed in std 8. i join nakuru high for secondary education because at that time there were tension in this area, so my family decide to migrate to nakuru kiptagwanyi area. i completed my secondary school education and gain b+ score.i didn't join university but instead i join technical collage of electrical and electronics engineer.after completing my course and acquiring certificate i decide to have a workshop where i started repair radio and other electronics item to the people around nakuru, the work became profitable and i was able to expand my business to kiptagwanyi where i have a plot which i buy from this job.within 6 year i was connected by my good fried who we go school together, to person who supply the spares allover nakuru .so because i was a member of mwhihoko s.h.g, i borrow some cash to add the one i have and started this job of distributing spare, so i was forced to employ another person to stay and work in my workshop.the earning from this business cater for my 4 children education and to feed them collectedly so that thy can leave a better life.
my business entail in electronic and wiring ,i sell cable,ic and other thing that is used in that purpose.i have two shop which supply this item from to the other .i get my good from nairobi city because i have a good connection with the people who go to china and Dubai, so thy supply to me and i supply to the other side of Kenya like nakuru ,kisumu and other small town.the business is very profitable as there is not high competition, so i sometime even supply to small traders who repair and also sell to their customers.and also because i have two workshop ,one in nakuru town and another in kiptagwanyi center where i have employed a qualify technician. i supply them direct the spare and we divide the return .the main challenge is poor road that made fare to travel to kiptagwanyi very high.luck of finance to boost my business
dear lenders,in this loan i will add stock in my electronics shop in kongasis where i have employed somebody to repair electronics in this area,i will boost this business by buying spare like ,ic,transformer because there is need as electricity is supply in this area and many people are enjoying viewing color tv and the electricity is not stable in this area,resulting to this set damaged,so my workshop get job to do every day .thanks
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Apr 4, 2013
Repayment status
Late
Projected term
12 months
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