Hardware and home appliances

Allanashley

Murera, Kenya

100% repaid

Entrepreneur

Name

Allanashley

Member since

July 2014

On-time repayments

12 installments  •  33%

About Me

I have done diploma in statistics but due the hardship i earn a living in hardware business and employent as credit officer. Through the business i have earned alot i. e management, budgeting, financial constraint e. t. c i have two ambitious children who are at the pre-unit and another one around 9months my hobby is watching football. Where i live is a growing outcast of nairobi city hence alot of developments are carried on due to the superhighway thika road thus making to venture in hardware business.

My Business

My main products are as follows,
Cement
Builging rods y10, y16, e.t. c
Iron sheets, black or white.
Doors edges
Nails. Etc.
The profits earned are being capitalized so as to boost the business, some are maximized to pay my fees and my children. Actualy i require around 15000KES in business, that includes transport from the manufacturer. At the momentthe business has generated alot due to the stiff competition from another hardwares who are well established

Loan Proposal

What i will buy are,
Cements
Electrical equipments e. g sockets, wires
Iron sheets

With this i think i will be able to earn profits which can me able to run the business pay the loan. The products hav alot of demand due to the high growth of the area. I expect a profit of around 2000 KES per day. I think i will earn something from the loan which will benefit me from the customers point of view.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Mar 10, 2016

Repayment status

On Time

Projected term

6 weeks

Other loans

Lenders

Paul Buchheit

Mountain View, United States

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