Expansion of my manufacturing & supplies business

Victor

Nairobi, Kenya

63% repaid

Entrepreneur

Name

Victor

Member since

May 2014

On-time repayments

310 installments  •  55%

About Me

I am 40 years old- married to Margaret Anyango. together with her we have four children aged 14 years named Emilio peter Oundo, 11 years named Deogracious Michael Wandera, 7 years called Envenia Akumu Naderia and the Last Born called Gael Gill Naderia. The first born has joined Class 8 this year 2017. The second born is in class 6 and Envenia is in class 2. Gael is 8 months old. I am a holder of Diploma in purchasing and supplies management and sales and marketing. I have previously worked as field research officer with International Centre of Physiology and Ecology (I.C.I.P.E)- Kenya, sales executive with both Maj-Chemie (selling Agro-chemicals) and cooperative Insurance Company (selling Insurance Policies for both Life & General), sales and debt management with Nila Pharmaceuticals Kenya (selling Human Drugs & initiating policies for collection of bad debts). I have also worked with Spectra Chemicals Kenya limited as assistant sales and marketing manager (selling detergent chemicals and both general and laundry soaps). Apart from doing Business i also work with a church organization (F.C.C.K) as an Administrator( General Secretary). Based on this vast past experiences in sales and marketing, customer care, management and Administration issues, I started my business called Narotsho Investments in 2010 where i make detergents, market and sell to cooperate institutions like hotels, schools, churches and individual entities. I look forward to setting up a factory for making industrial detergents alongside body lotions and home cleaning soaps. Am also an employee of Fellowship Church of Christ as General Secretary where i earn 150 dollars per month the money goes mainly to paying my rent and travelling to work and buying Little foodstuffs expenses.

My Business

I run Narotsho Investments with a brand name Narotsho Chemicals and supplies together with my wife Margaret. Narotsho is a dully registered business enterprise according to Kenya business registrations act and it operates a Bank account with Rafiki Micro finance . We supply Cleaning detergents, stain removers, liquid soaps, disinfectants, air fresheners and spotters to both cooperate and individual entities like laundry shops, hotels , schools, Churches and individuals for home use. We mainly raise our capital for supplies through ploughing back
our income from previous supplies and personal savings from incomes and loans from Zidisha... Currently i have three people working as casuals. We intend to do big Business especially tendering which will require total attention and concentration of funds. We would like to introduce new lines of products especially Hand-cream ( hand washing jelly) and dish washing Jelly, buy a presentable office furniture's namely ( a Nice Table and Chair) and pack many products in 0.5 Liters ,5Litres, and 20 Liters quantities.

Loan Proposal

The amount i will raise will go to manufacturing of ready goods for supplies as follows;
1. Multipurpose liquid detergents ( 5 & 20 ltrs @ 100 dollars
2. Disinfectants (5 & 20 Litres) @ 80 dollars
3. Hand cream Jelly for washing hands ( 0.5, 5 & 20 Litres) @ 60 dollas
4. Staineroff ( Terrazzo Cleaner) 5 & @ 20 Litres @ 60 dollars
5. Laundry Bleach( 5 & 20) Litres 40 dollars
6. Fabric Softener (5 & 20 Litres) @ 40 dollars
7. Toilet balls, Air-fresheners, Furniture polish, & Other supplies @ 100 dollas
8. Strippers 0.5, 1 & 5 Litres @ 40 dollars
9. Office Table & High back Chair @ 120 dollars
Totaling = 620 dollars.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$396.00

Date disbursed

Mar 31, 2017

Repayment status

Late

Projected term

43 months

Lenders

camilberlin

Berlin, Germany

Franmiguel

Perth, Australia

JS

Jon Scherer

United States

PG

Paul Graham

United States

EB

Erika Barraza

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

JW

Jeslyn Wegner

United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

A

Anonymous

United States

DR

Diana Rose

United States

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