Equipments for my electrical hardware shop
Stephen
Mombasa, Kenya
14% repaid
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
dear lenders am kindly requestng for a loan.this after completion of my first.loan...after i aquire this loan am planning to buy more electrical appliences that will enhance my profits n my store.i will use the 18000 ksh to buy more goods that will make my profits and capital shoot upto 10percent.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$180.00
Date disbursed
Feb 11, 2016
Repayment status
Late
Projected term
14 months
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