Electrical and plumbing equipments shop

Stephen

Mombasa, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Stephen

Member since

April 2015

On-time repayments

101 installments • 44%

About Me

I was born and brought up at sagalla location voi division taita taveta county.I schooled at sagalla primary thereafter i went to mwakichuchu high school.honestly i come from a very poor family of seven members.My parents were small scale farmers,wheres they did casual jobs to cater for my school fees.due to the hardship which i went through i moved to my home town where i did casual jobs in which i started saving the little by little. After that i started buying electrical and plumbing goods where i sold them through hawking.The bussiness grew by time i had enough cash to open a stall where iam upto this moments.most people practice small scale farming.my son wants to be a bussiness like his father.my hobby is reading novels which have business ideas.

My Business

My business is now doing good because the locals around are now building so they need alot of building and electrical materials.Even in my childhood i wanted to be a businessman especially hardware shop.i use was my profit to buy more stock for my shop.i already have three rental houses which the cash i use to pay school fees for my son.Am also employed in steel manufacturing company as an Electrician also I do local electrical jobs around for more income.

Loan Proposal

Iwill use my loan to buy,plumbing equipment plastic pipes ten pieces 2000,glavanised ten pieces 4500,main switches five pieces 750,bulbs fourty pieces 800,sockets outlets pieces 1000.it will help me buy more stock for my business and expand it .i will also use it to pay school for my son.Iam expecting the profit to rise by five percent.