Entrepreneur

About Me

Am joseph Baya Mbigo, am a resident and a business man in mtwapa. am 34 years old and a family man of a wife and five children, Four are girls and ine boy, all are in school here in mtwapa. i live with my family here in mtwapa. Born and raised in Chengoni, Chonyi in Kilifi district. I went to Chengoni primary school. in 1984 when i started my primary school. and completed in 1995. After that i did not get the chance of going to a secondary school due to my family poverty situation. I started the search for a job at that early age. My first assignment was at Tembo disco near Nyali Nakumart. I worked there for one year, it was not a good paying job, so i had to look for another better job. I was emploed at a wood works workshop here in mtwapa as a helper. i was ok with that since i wanted to learn carpentry. i did for a duration of four years. after that i started my own work shop because i had acquired enough experience and knowledge in the wood work section. I did that for two years while saving as much as possible and there after i started a video cafe. with the two combined businesses I've found myself in a good business atmosphere.These combined businesses are real a great deal to me and really give me good money. i get a monthly income of ksh 40,000 after all my expenses. with this i use ksh 15,000 for my daily family expenditures and save ksh25,000 per month.The main objective of starting this business is to help me fight poverty in my family because i come from a very poor family.

My Business

I have a workshop, andv a video cafe, both are here in mtwapa. in my workshop, i do and provide the following, I design all kinds of furniture such as beds, sofa sets, all types of tables,doors, windows, all sorts of things dealing with wood work. Its an interesting kind of work and i like my work so much. I get my raw materials directly from dealers who do the supply's.And in my video cafe, i show all types of movies, english and african. People in mtwapa like watching movies so much especially the new engilsh movies.I get my movies from Mombasa, and sometimes i get african movies from a neighboring country Tanzania. Despite being a profitable it also has risks, like high price in the raw materials like timber, which sometimes affects the profit. And with the video section it also gives me a challenge like high costs in travelling, for exmaple when you go to Tanzania for new african movies, the bus fairs are too high that they reduce the profits. I can say that its a good business because i save a montly income of ksh 25,000 per month. with this i can effectively repay my zidisha loan.

Loan Proposal

Hello, thank you so much for approving my loan application. As a carpenter i want provide the most required services to my customers. So with this loan i want to add more stock, materials so that i can design more products.with the newly designed items i will stand a good chance of making more profit.

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