Entrepreneur
Name
John
Member since
August 2016
On-time repayments
18 installments • 39%
About Me
I was born in nyamira district latter on my parents moved to kitale where we spent the rest of our life. I went to school in kitale till i finished my fourth form. I went to college where i did a course in electrical engineering. We were born five in our families i being the last born. I struggle for my life being the last born and my parents had retired till i reched where i am today. My parents had no good job where they could save money for us so it was a life of strugle for us to be educated.
What is unique about mombas is that people live aluxuries life where most of them are youths who wants to enjoy life and entertain themselves with the electricals. Thus making my business be on high demand despite the competition of the same in the area.
My Business
While in college i started repairing electrical appliances for people thus developing my skills. After college getting a job was not easy and so i moved to mombasa where i met a friend who had a shop dealing with electrical repairs so i used to assist him and after ashort period i opened my own business called JONYA ELECTRICALS located at mwembe tayari in mombasa town.
I offer services like repair of all electricals and selling them too. This services is useful because many people nowdays use electrical things in their homes. And also repair electricity and many people have power in their homes so any breakage or damage i do repair. I also sell the electricals and other appliance which most people use.
I chose this business because i had passion for it since my childhood.
I make over 30,000 per month with the expenses of 13,000
I use the profits i get to educate my children and take care of my parents back in Kitale.
Loan Proposal
want to open a big shop because my business has increased and employ two boys which will cost 17.7757 dollars. this is going to increase my profit by 5%
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Loan Info
Project Type
Classic Loan
Disbursed amount
$41.00
Date disbursed
Nov 18, 2016
Repayment status
Late
Projected term
2 months
Other loans
Lenders
United States
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