Electrical inventory

James

Kisii Town, Bomwada,, Kenya

Expired

$765 to go

12% funded of $865 goal

0

days left

Entrepreneur

Name

James

Member since

January 2014

On-time repayments

265 installments  •  98%

About Me

I James Omwega Kenanda, was born in Kisii County, Kisii South District, Suneka Division, Bogiakumu Location, Bomwanda Sub-location, Kenyambi Village,I was born on 1976, I went my Primary Education and completed in the year 1993.

I joined my secondary Education at Matongo Boys High School in Nyamira county and completed in the year 1998 and later the year 2002 I started my Shop Business in Migori County up to the year 2008. In my business was growing up well and was making about Kenyan Shilling 6000 in a monthly profit.

My Business

I started Electrical Services Business in the year 2013 after My shop business was burnt down and was displaced after Election Violence in 2007-2008 I came back home and joined Gusii institute of technology from 2011 to 2013 and when I graduated I started my own business electrical installation Services both commercial and residential building and others that goes with electrical Engineering. My customers prefer my business services for my professionalism, consultation and also I sell them genuine Electrical materials and I Install for them too. My Business has challenges too since it is young and growing, some customers do not pay in time and others sometimes do not pay as they give fake excuses of paying and get loses of loosing time following up debts. Yes my Business has started making good profits but am also looking for ways that can enable me to increase my stock of electrical materials as currently am operating from an open market but soon i want to rent a premises in Town as am currently waiting for a premise under construction.

Loan Proposal

I will purchase the following electrical cables:
1.1.5mm2 Cable 32 rolls @ $20 x 32=640
2.2.5mm2 Cable 30 rolls @ $30 x 30=900
3.10.0mm Cable 18 rolls @ $ 120 x 18=2160
TOTAL: $3700


The proceeds will enable me add another welding machine and workshop tools,besides will enable me to create employment for a welder and assistant.
If I manage to supply the above items I will get a profit of $264.

Feedback

2

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None

  • BienesDar    Apr 27, 2022

    Greetings from BienesDar.org in Spain. We have just contributed to this project as we believe will provide jobs and well being for others too. Keep up the good work, James!

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Amount requested

$865.00

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