Electrical and electronics fittings shop

John

Nairobi, Kenya

100% repaid

Entrepreneur

Name

John

Member since

February 2015

On-time repayments

210 installments  •  33%

About Me

I had a great plan for my future,soon as I was done with my K.C.P.E and K.C.S.E exams where I passed with a B plain. Failing to secure a place in university, I opted to do Electrical installation. After obtaining a certificate I was at it again, this time obtaining a Diploma in Information Technology.I was able to get a short term employment but after It was done I tried to secure another employment to no avail. This made me to revert to my passion in electrical installation and repair. I have done this for about 2 years now.The uniqueness of the society I live in is that they believe in working hard for survival and laziness is a serious offense. I have a little daughter who is yet to get into school but I would like her to grow to be a hardworking engineer. During my free time, I play football,programming,surfing and watch a few football matches.

My Business

My industry is service industry. I do sell electrical fittings,repairs and installation . My field is ever expanding as economy grows.This means that people are building more houses thus requires my goods and services. I chose the business ,firstly it was my passion in early childhood and secondly I saw a business opportunity.my costs are mostly through buying of tools,overalls and electrical fittings and ducts. I use my profits for my own growth and business growth through reinvesting.

Loan Proposal

The loan will be used in stoking of my newly opened electrical shop. I will divide equally between items . example $20 dollars will be used in stocking of switches,bulbs,sockets and Holders. The other $200 will use to buy electrical cables in rolls and the rest $8 will be used in buying of electrical conduits. This will change my current status for the better. The bigger the stock the sales and in turn more profit. If I can gauge my profit will increase drastically in about 10% to 15%monthly. That will be a steady Growth.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$49.00

Date disbursed

Aug 26, 2016

Repayment status

On Time

Projected term

9 months

Lenders

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

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  • John    May 20, 2021

    Hard economic times

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  • John    Feb 24, 2018

    stiff economic times in kenya

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  • John    Jan 11, 2018

    Hard times

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  • John    Dec 22, 2017

    Temporary luck of funds,due to festives

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  • John    Dec 9, 2017

    Dear Lenders, Hope you are all very fine.
    I have no words that can fully express my gratitude, towards you all and this great community. Mine is to say thanks and may almighty God bless each one of you.
    The loan will enable me to acquire pole climbers, plus safety harness(belt) which I will take a pic. and send to you guys. This will help me a lot as already I have a contract waiting for me. I will able to perform my duties without delays and inuring further costs.
    From early as Monday I will already be earning ,thanks to you all guys.

    Once again may the almighty God bless you and enrich your lives so that you assist others.

    Regards.

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  • John    Nov 2, 2017

    I used all my pat loan in adding some stock in my electrical shop. This otherwise, increased my income, due to varieties that are now available in my stock. My income has increased from $100 to around $1500 per month. This has enabled me to feed my family and Seeing my daughter through school.

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  • John    Nov 1, 2017

    Hi
    The l added some more electrical fittings in my shop. This improved my earnings from about 10% to around 15%. The increase is as a results of increased sales due to numerous addition in items.I have been able to take my daughter to a school and I'm so happy for her.

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  • John    Nov 1, 2017

    Hi All
    I 'm must say I'm overwhelmed by your generosity. If you've noticed I'm getting better in regards to how I pay my loans nowadays. This is because, I have grown enormously. I invested the last loan to purchase some more stock into my shop and this has helped me grow. My earnings have also improved compared to what I used to leverage in the past. May God bless you in advance as you lend to me this new loan.

    Regards.

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  • John    Oct 25, 2017

    want to take another loan, my business has really grown, thanks to my lenders and Almighty bless them abundantly.

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  • John    Aug 9, 2017

    economic toughness

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  • John    Jun 24, 2017

    First is to thank you my lenders for your Generosity, may the almighty God reward you abundantly. As I stated in the application, the below amount will be used purely in stock upgrade of my electrical shop. This will increase my profit a lot and will help me Grow. Once again Thank you good people for having such a generous heart.

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  • John    Jun 17, 2017

    To all my lenders, I lack words to express gratitude for the impact you have in my current life.I pray that the almighty God to bless you abundantly and live long so that you can change more lives. Thank to you I have my own electrical business up and running. Though, not yet fully stocked but with the next loan I will increase my stock.I'm now stable and I have increased my income by 20% since the last loan.My wife is also about to get my second born child and i'm so excited.Once again Thanks all.

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  • John    Jun 7, 2017

    i want to get another loan

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  • John    May 11, 2017

    bumpy economy

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  • John    Mar 21, 2017

    economic hardship

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  • John    Mar 1, 2017

    what i can afford

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  • John    Dec 31, 2016

    hard economic times

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  • John    Oct 30, 2016

    can't afford

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  • John    Sep 25, 2016

    Changed my plan because currently I'm Unable to raise the full amount.

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  • John    Aug 28, 2016

    Dear Lenders, mine is a vote of Thanks.
    I'm so delighted to let you know that I received my cash loan of $48.1 via Mpesa which is a mobile money transfer platform on friday 26th.
    I will buy one box of 2gang switches, a box of twin socket, a box of bulb holders and 2 boxes of Philip bulbs. The rest will be transport.
    For those few remarks I would like to thank you my lenders. Once again may your ways be broaden.

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