Fredrick Omondi
Bumala, Kenya
100% repaid
Name
Fredrick Omondi
Member since
February 2014
On-time repayments
120 installments • 80%
Am Fredrick omondi .am 34yrs and a stamen Christian who is a extrovert and very hardworking, a father of two and I love my family .i like reading inspiration and motivational books’.
I live in Bumala have interest In real estate business and large scale farming which an planning to invest in the future I did my o level in the year 1999 at sigalame high school
I did my post dip at the UN and HIV management and have applied a degree course in business management .i have been in business for along time .
my family have been running the business since when I was in class seven I have been helping them in the shop most of the time and is from there is where I learned about the business management
I am also believe in principalities of God for my day to day spiritual fulfillment.
I do own hardware shop in Bumala town.To be sincere the capital i used to start this business i got after selling part of my land because i couldn't able to afford that much capital.Fortunatly now i have manage to buy another land to replace the one i had sold with the earnings from my business.
At my shop i sell nails,iron sheets,cement,paints,flats and many other small small components of a hardware.I have many customers because of good prices i offer and besides that i offer means of transport for those who buys many products.
Bumala and its soroundings is growing and people are building hourses all over so the demand of hardware is required too.Sales may add to KES 150000,average cost of KES 110000 and profit of KES 28000 though not exact.
I will always say thank you for everything.For now i have ksh 20000 cash at hand plus i understand i am going to get ksh 11700 from you,am going to order 28 bags of cement because that's what have run out in my store.For now sales are good because currently i supply one primary school with building materials.Also am expecting to be given a small tender to supply some materials to the office of county representative which will commence building office of the area MP.
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Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Feb 10, 2014
Repayment status
On Time
Projected term
5 weeks
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