Help restock my electronics business
Amos Obiero
Nakuru, Kenlands Estate, Kenya
100% repaid
Entrepreneur
Name
Amos Obiero
Member since
January 2015
On-time repayments
32 installments • 63%
About Me
My Names are Amos Obiero Ogueno, I was brought in in siaya which is located in kenya, Nyanza province, which is now Siaya county, My parents stayed in the same District of Nyanza, and personaly I school in RAMULA PRIMARY SCHOOL and later after my Primary I joined Kambere Secondary school which is also in siaya County.
I went to college at Jua Kali to study about electronic and electrical which I did very well and to the best of my desire and Knowledge, after studying about wiring and all that is abouit electrical, I had a desire to start my own store which through God's grace I made it and Now i am running my own store as well.
My Business
My Business is all about wiring, electrical and electronics equipment, I do take tenders from different people beside selling of electronics, I provide services to the community around me and without.
My big challenge is I have small capital and since I have many customers around since it is the only shop within, I seek help to improve my business visibility, meeting my customers needs to their satisfaction as well gaining more rooms to advance my business through this loan.
I want to add more electronics Equipment which in total will cost me about ksh50,000 which I believe in the next 6 months I will be able to meet my goals.
my business gives me a profit of about ksh7,000 to ksh 14,000 this is after paying my rent,meeting my family needs as well paying 2 of my employees that I have.
therefore I seek your support to advance my business.
Loan Proposal
The purposes of this loan will be used to purchase the Electronics needed in my store to help me meet the needs of my clients to their satisfaction, I hope and believe that I will be granted this Loan opportunity to help me purchase electronic wires,sockets and switches which will cost me a total of USD 650 in 6 months time,but for now I will use the loan to get onnly sockets since they are in demand due to high rates of buildings.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jan 20, 2015
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
Republic of Korea
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