Entrepreneur
Name
Raphael
Member since
May 2013
On-time repayments
35 installments • 37%
About Me
I am raphael kimani from wanyororo b,bahati division,nakuru north district.I am married to jane wairimu with whom we bare three children.I joined olobonata primary school in 1987 and sat for my kcpe in the year 1994 whereby i managed to score a b- grade.in 1995 i joined solai secondary school and sat for my kcse exam in the year 1998 scoring a mean grade of c+.I later joined a technical school for electrical training and i attained grade 2.In 2002 i started an electrical shop which dealt with buying and selling of electrical appliances.The earnings that i get from my business are used to purchase stocks and for my daily upkeep of my family.
My Business
My business is located in wanyororo b trading center.The business goes by the name of raki electronics and electro shop.My business offers a variety of good and services which includes;electrical installation in business premises and domestic,electronics repair which includes television sets,computers,radio etc.I also sell day to day essential electrical appliances like,bulbs,bulbs holder,sockets,switch,consumer units,isolator,cables in different sizes.My customers prefers my services because of the quality of goods and services that we offer at a fair price.The business is profitable because from it am able to get my daily upkeep of my family and to run day today operation of the business.my main risk in my business is insufficient stock.My monthly cost is about 30000ksh and my sales revenue is about 55000ksh thus getting a profit 0f 25000ksh.(This figures are not constant because they vary at the time of the year)
Loan Proposal
Hello Lender,May take this chance to say thanks for you granting another chance to apply my second loan.if given this loan i will extend my business by buy electrical materials that my customer demands.I will buy electrical cables in different sizes for 1.5mm,1.0mm,2.5mm,4.0mm and earth cables for 2.5mm and 4.0mm,switches,sockets,mini tracking,conduits,main switches,sap board,clips,tacking nails,bulbs,bulbs holder,fluorescent tubes sizes four feet and two feet,fluorescent fittings,biscuits,ceiling roses,jumpers,micro gaps,earth rods,starters,testers,consumer units,main switch boxes,clips and wood screws.these will enable me to have my business expended.Thanks Zidisha for the work done.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$210.00
Date disbursed
Oct 20, 2013
Repayment status
On Time
Projected term
23 months
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