Entrepreneur
Name
Philip
Member since
January 2017
On-time repayments
85 installments • 32%
About Me
I'm Philip Matara, Kenyan currently living in Nairobi's Lucky Summer estate.I did my primary education level at Dudi primary school later on went to Ober secondary school ware i sat my K.C.S.E. I've had a dream of pursuing my engineering course which later gave me a dream of being a being such an innovative business man.through my invention of using a dry cell and a bulb drove me into pursuing an engineering course.My second business was selling ladies attire, i started this due to high demand of ladies attire in our engineering school. The profit i gained from selling of clothes made me start selling groceries since in my estate there was high demand for them, then later on,i started he two businesses of lathe machine operation. I'm a business man running five businesses but specializing in Electrical engineering as a profession.
My Business
I specialize in electrical installation as my career course, i supply female attire due to high demand and arising modern fashion in every environment.I also sell grocery due to high demand of them from my estate and the last the last business is operation of lathe machine as part time business of my career.
In my boutique at times a get a profit of ksh.2000 in a day due to my ready customers and former schoolmates.this is on lower side.
From the electrical installation business i get a minimum of ksh.10000 in a week which at times varies, at times i can get ksh. 12000 in a week depending on the number of customers i serve in a week.
I use this profits to pay my workers since i cannot run four businesses without help, i also have one kid whom i cater for her school fees then the rest i invest.
Loan Proposal
I would like to buy an equipment for my hotel in Nairobi so as to serve more customers. I would also like to maintain tbe exiating onse for better moving.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$46.00
Date disbursed
Nov 5, 2017
Repayment status
On Time
Projected term
10 months
Other loans
Lenders
Austria
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
Germany
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